REGISTERED NUMBER: 07867940 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Olivia Property Rentals Limited

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

R Botterell

J O Botterell

REGISTERED OFFICE:

4 Tregarne Terrace

St Austell

Cornwall

PL25 4BE

REGISTERED NUMBER:

07867940 (England and Wales)

FIXED ASSETS

Tangible assets

4

511

1,161

Investment property

5

2,580,000

2,588,000

2,580,511

2,589,161

CURRENT ASSETS

Debtors

803

815

Cash at bank

51,524

241,018

52,327

241,833

CREDITORS

Amounts falling due within one year

944,679

1,191,982

NET CURRENT LIABILITIES

(892,352

)

(950,149

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,688,159

1,639,012

PROVISIONS FOR LIABILITIES

262,655

264,817

NET ASSETS

1,425,504

1,374,195

CAPITAL AND RESERVES

Called up share capital

100

100

Non-distributable reserve

6

787,581

793,581

Retained earnings

637,823

580,514

SHAREHOLDERS' FUNDS

1,425,504

1,374,195

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Statement of Financial Position for the year ended 31 December 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 July 2026 and were signed on its behalf by:

R Botterell - Director

1.	STATUTORY INFORMATION

Olivia Property Rentals Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover represents rental income which is recognised as income on a straight line basis over the period of the lease.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in market value is transferred to a fair value reserve.

Investment properties are freehold properties held to earn rental income and/or for capital appreciation.

Investment properties are stated in the balance sheet at open market value. Changes in market value are

recognised in the fair value reserve.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2025

and 31 December 2025

5,086

DEPRECIATION

At 1 January 2025

3,925

Charge for year

650

At 31 December 2025

4,575

NET BOOK VALUE

At 31 December 2025

511

At 31 December 2024

1,161

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

2,588,000

Revaluations

(8,000

)

At 31 December 2025

2,580,000

NET BOOK VALUE

At 31 December 2025

2,580,000

At 31 December 2024

2,588,000

Investment properties have been valued at open market value at 31 December 2025 by R Botterell, a director of the company.

Valuation at 31 December 2025 is represented by:

£

Cost

1,529,892

Increases in valuation to 2025

1,050,108

Valuation

2,580,000

6.

RESERVES

Non-distributable

reserve

£

At 1 January 2025

793,581

Movement net of deferred tax

(6,000

)

At 31 December 2025

787,581