OLK ENTERPRISES LTD


Director	LAMBALLE, Oliver Thomas Xavier


Registered Address	Suite 2.05 Swans Centre For Innovation
	Station Road
	Wallsend
	NE28 6EQ


Registered Number	14074583 (England and Wales)

Balance Sheet as at
30 September 2025

	Notes	30 Sep 2025		30 Apr 2024
		£	£	£	£
Fixed assets
Tangible assets	3		75,274		92,996
			75,274		92,996
Current assets
Debtors		6,449		6,741
Cash at bank and on hand		228		99
		6,677		6,840
Creditors amounts falling due within one year	4	(11,866)		(5,871)
Net current assets (liabilities)			(5,189)		969
Total assets less current liabilities			70,085		93,965
Net assets			70,085		93,965
Capital and reserves
Profit and loss account			70,085		93,965
Shareholders' funds			70,085		93,965

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 7 July 2026, and are signed on its behalf by:

LAMBALLE, Oliver Thomas Xavier
Director
Registered Company No. 14074583

OLK ENTERPRISES LTD

Notes to the Financial Statements
for the period ended 30 September 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


	Reducing balance (%)	Straight line (years)
Plant and machinery	-	10
Fixtures and fittings	15	-
Vehicles	20	-

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Tangible fixed assets

	Plant & machinery	Vehicles	Fixtures & fittings	Total
	£	£	£	£
Cost or valuation
At 01 May 24	100,000	12,000	4,700	116,700
At 30 September 25	100,000	12,000	4,700	116,700
Depreciation and impairment
At 01 May 24	20,000	2,400	1,304	23,704
Charge for year	14,167	2,833	722	17,722
At 30 September 25	34,167	5,233	2,026	41,426
Net book value
At 30 September 25	65,833	6,767	2,674	75,274
At 30 April 24	80,000	9,600	3,396	92,996

4.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	1	1
Amounts owed to related parties	11,865	5,870
Total	11,866	5,871


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.