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Registration number: 09427484

Overseas Assets Consultants Limited
Unaudited Filleted Financial Statements
for the Period from 1 March 2025 to 31 March 2026

Overseas Assets Consultants Limited

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 7

Overseas Assets Consultants Limited

Company Information

Director | Ms L Mulholland

Registered office | Old Police Station Church Street Swadlincote Derbyshire DE118LN

Accountants | Buckler Spencer Limited Old Police Station Church Street Swadlincote Derbyshire DE11 8LN

Overseas Assets Consultants Limited

(Registration number: 09427484)
Balance Sheet as at 31 March 2026

| Note | 2026 £ | 2025 £
Fixed assets |  |  |
Tangible assets | 4 | - | 905,844
Current assets |  |  |
Debtors | 5 | - | 163,557
Cash at bank and in hand |  | - | 296,386
|  | - | 459,943
Creditors: Amounts falling due within one year | 6 | - | (15,460)
Net current assets |  | - | 444,483
Total assets less current liabilities |  | - | 1,350,327
Creditors: Amounts falling due after more than one year | 6 | - | (905,992)
Net assets |  | - | 444,335
Capital and reserves |  |  |
Called up share capital | 7 | 100 | 100
Revaluation reserve |  | - | 65,000
Retained earnings |  | (100) | 379,235
Shareholders' funds |  | - | 444,335

For the financial period ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
• | The director acknowledges her 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 director on 7 August 2026

......................................... Ms L Mulholland Director

Overseas Assets Consultants Limited

Notes to the Unaudited Financial Statements for the Period from 1 March 2025 to 31 March 2026

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:
Old Police Station
Church Street
Swadlincote
Derbyshire
DE118LN

These financial statements were authorised for issue by the director on 7 August 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.

Judgements

In the application of the company's accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. There are no significant judgements or estimates involved in the preparation of the financial statements.

Revenue recognition

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tax

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 the 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 balance sheet date.

Overseas Assets Consultants Limited

Notes to the Unaudited Financial Statements for the Period from 1 March 2025 to 31 March 2026

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 statmeents. 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.

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.

Investment property

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

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

Overseas Assets Consultants Limited

Notes to the Unaudited Financial Statements for the Period from 1 March 2025 to 31 March 2026

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.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Financial instruments

Recognition and measurement
Basic financial assets and liabilities, which include debtors, creditors, cash and bank balances, are initially measured at transaction price including transactions costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constititues a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1 (2025 - 2).

Overseas Assets Consultants Limited

Notes to the Unaudited Financial Statements for the Period from 1 March 2025 to 31 March 2026

4 | Tangible assets

| Land and buildings £ | Total £
Cost or valuation
At 1 March 2025 | 905,844 | 905,844
Disposals | (905,844) | (905,844)
At 31 March 2026 | - | -
Depreciation
Carrying amount
At 31 March 2026 | - | -
At 28 February 2025 | 905,844 | 905,844

Included within the net book value of land and buildings above is £(1) (2025 - £905,844) in respect of freehold land and buildings.

5 | Debtors

Current | 2026 £ | 2025 £
Trade debtors | - | 16,317
Other debtors | - | 147,240
| - | 163,557

Overseas Assets Consultants Limited

Notes to the Unaudited Financial Statements for the Period from 1 March 2025 to 31 March 2026

6 | Creditors

Creditors: amounts falling due within one year

| 2026 £ | 2025 £
Due within one year |  |
Taxation and social security | - | 2,515
Accruals and deferred income | - | 1,650
Other creditors | - | 11,295
| - | 15,460

Creditors: amounts falling due after more than one year

| 2026 £ | 2025 £
Due after one year |  |
Other financial liabilities | - | 905,992

7 | Share capital

Allotted, called up and fully paid shares

| 2026 | 2025
| No. | £ | No. | £
Ordinary of £1 each | 100 | 100 | 100 | 100

8 | Reserves

The changes to each component of equity resulting from items of other comprehensive income for the current period were as follows:

The changes to each component of equity resulting from items of other comprehensive income for the prior year were as follows:

| Revaluation reserve £ | Total £
Surplus/deficit on property, plant and equipment revaluation | 65,000 | 65,000

9 | Dividends

|  | 2026 |  | 2025
|  | £ |  | £

Any dividends declared in the period are disclosed in the Statement of Income and Retained Earnings.