Company Registration No. 12736225 (England and Wales)
OTEP 2 Limited
Unaudited accounts
for the year ended 31 December 2025
OTEP 2 Limited
Unaudited accounts
Contents
OTEP 2 Limited
Company Information
for the year ended 31 December 2025
Company Number
12736225 (England and Wales)
Registered Office
25 Ives Street
London
SW3 2ND
Accountants
Andrew Donaldson
17 Lake Walk
Adderbury
Banbury
Oxon
OX17 3PF
OTEP 2 Limited
Statement of financial position
as at 31 December 2025
Cash at bank and in hand
125,322
4,692
Creditors: amounts falling due within one year
(317,180)
(97,375)
Net current liabilities
(135,839)
(90,979)
Net liabilities
(135,839)
(90,979)
Called up share capital
1
1
Profit and loss account
(135,840)
(90,980)
Shareholders' funds
(135,839)
(90,979)
For the year ending 31 December 2025 the company was entitled to exemption from audit 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 her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 11 June 2026 and were signed on its behalf by
Beth Blood
Director
Company Registration No. 12736225
OTEP 2 Limited
Notes to the Accounts
for the year ended 31 December 2025
OTEP 2 Limited is a private company, limited by shares, registered in England and Wales, registration number 12736225. The registered office is 25 Ives Street, London, SW3 2ND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
At 31 December 2025 the company had net liabilities of £135,839. The company is reliant on fellow group companies to fund its activities. This support is expected to continue.
Amounts falling due within one year
Amounts due from group undertakings etc.
-
1,704
OTEP 2 Limited
Notes to the Accounts
for the year ended 31 December 2025
5
Creditors: amounts falling due within one year
2025
2024
Trade creditors
23,699
17,058
Amounts owed to group undertakings and other participating interests
80,317
80,317
The shares in the company are wholly owned by OTE Productions Ltd, a company based in England & Wales with the same registered office as the company. In turn the wholly owned share capital of OTE Productions Ltd is owned by On The Edge Conservation, a charity and company limited by guarantee based in England & Wales with the same registered office as the company.
The trustees of On The Edge Conservation do not consider there to be an ultimate controlling party.
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).