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Registration number: 11361084

O and G Estates Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 October 2025

O and G Estates Limited

Contents

Balance Sheet | 1
Notes to the Unaudited Financial Statements | 2 to 7

O and G Estates Limited

(Registration number: 11361084)
Balance Sheet as at 31 October 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 3,250 | 6,500
Investment property | 5 | 1,631,296 | 1,631,296
|  | 1,634,546 | 1,637,796
Current assets |  |  |
Debtors | 6 | 206,397 | 160,054
Cash at bank and in hand |  | 1,226 | 978
|  | 207,623 | 161,032
Creditors: Amounts falling due within one year | 7 | (837) | (837)
Net current assets |  | 206,786 | 160,195
Total assets less current liabilities |  | 1,841,332 | 1,797,991
Creditors: Amounts falling due after more than one year | 7 | (1,614,771) | (1,584,486)
Provisions for liabilities |  | (48,185) | (48,185)
Net assets |  | 178,376 | 165,320
Capital and reserves |  |  |
Called up share capital | 8 | 2 | 2
Retained earnings |  | 178,374 | 165,318
Shareholders' funds |  | 178,376 | 165,320

For the financial year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 28 July 2026 and signed on its behalf by:

.........................................

R Littlewood
Director

O and G Estates Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
178a Hale Road
Hale
Cheshire
WA15 8SQ
United Kingdom

These financial statements were authorised for issue by the Board on 28 July 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

In common with most property investment companies, the company has incurred a trading loss after undertaking a series of property repairs and maintenance. The company is reliant on the support of its directors who have loaned the company £248,098 in order to allow the business to develop its investment property portfolio. The directors have confirmed that this support will remain in place for a period of at least five years and as such, the financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

O and G Estates Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

Tax

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Plant and machiner | 3 years straight line

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

O and G Estates Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

O and G Estates Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

4 | Tangible assets

| Furniture, fittings and equipment £ | Total £
Cost or valuation
At 1 November 2024 | 9,750 | 9,750
At 31 October 2025 | 9,750 | 9,750
Depreciation
At 1 November 2024 | 3,250 | 3,250
Charge for the year | 3,250 | 3,250
At 31 October 2025 | 6,500 | 6,500
Carrying amount
At 31 October 2025 | 3,250 | 3,250
At 31 October 2024 | 6,500 | 6,500

5 | Investment properties

| 2025 £
At 1 November | 1,631,296
At 31 October | 1,631,296

Investment properties were revalued by the directors as at 31st October, taking into account all avaliable market information in reaching their valuation.

There has been no valuation of investment property by an independent valuer.

6 | Debtors

| 2025 £ | 2024 £
Trade debtors | 5,263 | 4,920
Other debtors | 201,134 | 155,134
| 206,397 | 160,054

O and G Estates Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

7 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Other creditors | 837 | 837

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 9 | 1,614,771 | 1,584,486

| 2025 £ | 2024 £
Due after more than five years |  |
After more than five years not by instalments | - | 1,584,486

8 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary share of £1 each | 2 | 2 | 2 | 2

9 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 1,229,377 | 1,229,377
Other borrowings | 385,394 | 355,109
| 1,614,771 | 1,584,486

Included in the loans and borrowings are the following amounts due after more than five years:

O and G Estates Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

Other loans after five years

Other loans totalling £355,109 (2023: £349,058) are unsecured interest free director loans repayable after more than five years.

Bank borrowings and debenture loans after five years

Bank borrowings totalling £1,229,377 (2023: £1,229,377) are interest only mortgages which are secured against various investment properties held by the company.