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Registered Number: 12988365
England and Wales
OLOVO LTD
Abridged Accounts
Period of accounts Start date: 01 December 2024 End date: 30 November 2025

OLOVO LTD Contents Page For the year ended 30 November 2025
Statement of Financial Position | 1

OLOVO LTD Statement of Financial Position As at 30 November 2025
|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ | £ |  | £ | £
Fixed assets |  |  | 727,281 |  |  | 727,281
Current assets |  | 26,742 |  |  | 3,079 |
Creditors: amount falling due within one year |  | (308,999) |  |  | (291,357) |
Net current assets |  |  | (282,257) |  |  | (288,278)
Total assets less current liabilities |  |  | 445,024 |  |  | 439,003
Creditors: amount falling due after more than one year |  |  | (432,739) |  |  | (432,739)
Net assets |  |  | 12,285 |  |  | 6,264
Capital and reserves |  |  | 12,285 |  |  | 6,264
NOTES TO THE ACCOUNTS General Information OLOVO LTD is a private company, limited by shares, registered in England and Wales, registration number 12988365, registration address 31a-31c Green Lanes, London, England, N4 1LG. The presentation currency is £ sterling.
1. | Accounting policies Significant accounting policies Statement of compliance These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. Basis of preparation The financial statements have been prepared under the historical cost convention. The financial statements are prepared in sterling which is the functional currency of the company. Tangible fixed assets Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives. Freehold land and buildings are carried at historical cost and no depreciation is charged on the freehold land and buildings in these accounts.
2. | Tangible fixed assets
Cost or valuation | Land and Buildings |  | Total
| £ |  | £
At 01 December 2024 | 727,281 |  | 727,281
Additions | - |  | -
Disposals | - |  | -
At 30 November 2025 | 727,281 |  | 727,281
Depreciation
At 01 December 2024 | - |  | -
Charge for year | - |  | -
On disposals | - |  | -
At 30 November 2025 | - |  | -
Net book values
Closing balance as at 30 November 2025 | 727,281 |  | 727,281
Opening balance as at 01 December 2024 | 727,281 |  | 727,281
3. | Average number of employees Average number of employees: 1 Comparative year: 1 Average number of employees during the year was 1 (2024 : 1).
For the year ended 30 November 2025 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 year in question in accordance with section 476. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies. The members have agreed to the preparation of abridged accounts. The financial statements were approved by the director on 25 August 2026 and were signed by:
-------------------------------- Yelena Zargaryan Director
1