Company No: 08406333 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	31.03.2026		31.03.2025
		£		£
Fixed assets
Tangible assets	3	506,636		551,290
		506,636		551,290
Current assets
Stocks		714,521		193,155
Debtors	4	114,690		92,398
Cash at bank and in hand		579,401		172,577
		1,408,612		458,130
Creditors: amounts falling due within one year	5	( 1,125,364)		( 361,369)
Net current assets		283,248		96,761
Total assets less current liabilities		789,884		648,051
Creditors: amounts falling due after more than one year	6	( 39,245)		( 60,921)
Provision for liabilities		( 35,469)		( 46,632)
Net assets		715,170		540,498
Capital and reserves
Called-up share capital	7	440		400
Share premium account		19,591		0
Profit and loss account		695,139		540,098
Total shareholders' funds		715,170		540,498

For the financial year 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 financial statements for the financial year 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 financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Olive Tree Renovations Ltd (registered number: 08406333) were approved and authorised for issue by the Director on 21 August 2026. They were signed on its behalf by:

Samuel Lee Sanders Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial period, unless otherwise stated.

General information and basis of accounting

Olive Tree Renovations Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 1st Floor, Forest View Crockford Lane, Chineham Business Park, Chineham, RG24 8QZ, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current 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 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.

Deferred tax
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 statements. 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 fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings	not depreciated
Plant and machinery	4 years straight line
Computer equipment	4 years straight line

Depreciation methods, useful lives and residual values are reviewed at each balance sheet date. The selection of these residual values and estimated lives requires the exercise of judgement. The directors are required to assess whether there is an indication of impairment to the carrying value of assets. In making that assessment, judgements are made in estimating value in use. The directors consider that the individual carrying values of assets are supportable by their value in use.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

2. Employees

	Year ended 31.03.2026		Period from 01.03.2024 to 31.03.2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	8		8

3. Tangible assets

	Land and buildings		Plant and machinery		Computer equipment		Total
	£		£		£		£
Cost
At 01 April 2025	364,763		302,334		13,568		680,665
Additions	0		19,599		7,150		26,749
At 31 March 2026	364,763		321,933		20,718		707,414
Accumulated depreciation
At 01 April 2025	0		121,220		8,155		129,375
Charge for the financial year	0		68,215		3,188		71,403
At 31 March 2026	0		189,435		11,343		200,778
Net book value
At 31 March 2026	364,763		132,498		9,375		506,636
At 31 March 2025	364,763		181,114		5,413		551,290

4. Debtors

	31.03.2026		31.03.2025
	£		£
Trade debtors	92,857		63,881
Prepayments	21,833		28,517
	114,690		92,398

5. Creditors: amounts falling due within one year

	31.03.2026		31.03.2025
	£		£
Trade creditors	378,770		131,239
Amounts owed to director	92,640		88,874
Accruals	417,004		3,000
Taxation and social security	199,898		97,003
Obligations under finance leases and hire purchase contracts	21,676		21,676
Other creditors	15,376		19,577
	1,125,364		361,369

6. Creditors: amounts falling due after more than one year

	31.03.2026		31.03.2025
	£		£
Obligations under finance leases and hire purchase contracts	39,245		60,921

There are no amounts included above in respect of which any security has been given by the small entity.

7. Called-up share capital

	31.03.2026		31.03.2025
	£		£
Allotted, called-up and fully-paid
440 Ordinary shares of £ 1.00 each (31.03.2025: 400 shares of £ 1.00 each)	440		400

In the financial year to 31st March 2026, ordinary shares were issued with an aggregate nominal value of £40.00 and consideration of £19,631.20 was received.

8. Financial commitments

Commitments

Total future minimum lease payments under non-cancellable operating leases are as follows:

	31.03.2026		31.03.2025
	£		£
Within one year	22,993		5,777
Between one and five years	32,439		10,591
	55,432		16,368