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Registered number: 15724342
Olive Gardens Investment Ltd
Unaudited Financial Statements
For the Period 1 June 2025 to 31 December 2025
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: 15724342
31 December 2025 31 May 2025
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 661,818 798,016
661,818 798,016
CURRENT ASSETS
Debtors 5 34,049 -
Cash at bank and in hand 45,440 33,955
79,489 33,955
Creditors: Amounts Falling Due Within One Year 6 (14,998 ) (8,811 )
NET CURRENT ASSETS (LIABILITIES) 64,491 25,144
TOTAL ASSETS LESS CURRENT LIABILITIES 726,309 823,160
Creditors: Amounts Falling Due After More Than One Year 7 (786,816 ) (798,016 )
NET (LIABILITIES)/ASSETS (60,507 ) 25,144
CAPITAL AND RESERVES
Called up share capital 100 100
Income Statement (60,607 ) 25,044
SHAREHOLDERS' FUNDS (60,507) 25,144
Page 1
Page 2
For the period 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board
Mr S J Alhaddad
Director
04/10/2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Olive Gardens Investment Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15724342 . The registered office is 3 Strathfield Gardens, Barking, IG11 9UJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the financial statements have been prepared on a going concern basis.
2.3. Turnover
Turnover represents rents receivable from investment properties. Rental income is recognised on an accruals basis in accordance with the tenancy agreements.
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the income statement.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the period, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.6. Reporting period
The directors have elected to shorten the company's accounting reference period to 31 December 2025.
Accordingly, these financial statements cover a period of seven months from 1 June 2025 to 31 December 2025, whereas the comparative financial statements cover a period of thirteen months. As a result, the amounts presented for the current period are not directly comparable with those presented for the previous financial period.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 2 (2025: 2)
2 2
Page 3
Page 4
4. Investment Property
31 December 2025
£
Fair Value
As at 1 June 2025 798,016
Fair value adjustments (136,198 )
As at 31 December 2025 661,818
The fair value of the investment properties has been arrived at on the basis of a valuation carried out by the directors.
5. Debtors
31 December 2025 31 May 2025
£ £
Due within one year
Other debtors 34,049 -
6. Creditors: Amounts Falling Due Within One Year
31 December 2025 31 May 2025
£ £
Trade creditors 553 -
Other creditors 4,700 2,936
Taxation and social security 9,745 5,875
14,998 8,811
7. Creditors: Amounts Falling Due After More Than One Year
31 December 2025 31 May 2025
£ £
Other creditors 786,816 798,016
Page 4