Olive Hemel Limited

Olive Hemel Limited
Contents Page
For the year ended 30 November 2025

Accountants' Report	1
Statement of Financial Position	2
Notes to the Financial Statements	3

Olive Hemel Limited Accountants' Report For the year ended 30 November 2025
Accountants report You consider that the company is exempt from an audit for the year ended 30 November 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. .................................................... RCi Chartered Accountants 59-61 Union Street Dunstable LU6 1EX 11 August 2026 1

Olive Hemel Limited
Accountants' Report
For the year ended 30 November 2025

Accountants report

You consider that the company is exempt from an audit for the year ended 30 November 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.

In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.

We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.

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

RCi Chartered Accountants
59-61 Union Street
Dunstable
LU6 1EX
11 August 2026

1

Olive Hemel Limited
Statement of Financial Position
As at 30 November 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	9,086	10,756
		9,086	10,756
Current assets
Stocks		16,235	7,642
Debtors		13,138	13,138
Cash at bank and in hand		37,203	18,917
		66,576	39,697
Creditors: amount falling due within one year		(13,901)	(9,093)
Net current assets		52,675	30,604

Total assets less current liabilities		61,761	41,360
Creditors: amount falling due after more than one year		(109,657)	(90,339)
Provisions for liabilities		(178)	(178)
Net assets		(48,074)	(49,157)

Capital and reserves
Called up share capital	4	1,000	1,000
Profit and loss account		(49,074)	(50,157)
Shareholders' funds		(48,074)	(49,157)

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.

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.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 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. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 11 August 2026 and were signed on its behalf by:

-------------------------------
Shibak Ahmed
Director

2

Olive Hemel Limited
Notes to the Abridged Financial Statements
For the year ended 30 November 2025

General Information

Olive Hemel Limited is a private company, limited by shares, registered in England and Wales, registration number 12327563, registration address 18 Lawn Lane, Hemel Hempstead, Bedfordshire, HP3 9HL.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – 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 as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Government grants

Government grants received are credited to deferred income. Grants towards capital expenditure are released to the income statement over the expected useful life of the assets. Grants received towards revenue expenditure are released to the income statement as the related expenditure is incurred.

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 on the following basis:

Fixtures and Fittings

15 Reducing Balance

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 6 (2024 : 5).

3.

Tangible fixed assets

Cost or valuation	Plant and Machinery	Fixtures and Fittings	Total
	£	£	£
At 01 December 2024	1,759	23,100	24,859
Additions	-	-	-
Disposals	-	-	-
At 30 November 2025	1,759	23,100	24,859
Depreciation
At 01 December 2024	1,401	12,702	14,103
Charge for year	111	1,559	1,670
On disposals	-	-	-
At 30 November 2025	1,512	14,261	15,773
Net book values
Closing balance as at 30 November 2025	247	8,839	9,086
Opening balance as at 01 December 2024	358	10,398	10,756

4.

Share Capital

Allotted, called up and fully paid	2025 £		2024 £
1,000 Class A shares of £1.00 each	1,000		1,000
	1,000		1,000

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