Company registration number 07726359 (England and Wales)
OLSTAD 12 PROPERTIES LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2022
PAGES FOR FILING WITH REGISTRAR
OLSTAD 12 PROPERTIES LTD
BALANCE SHEET
AS AT
31 OCTOBER 2022
31 October 2022
- 1 -
2022
2021
£
£
£
£
Fixed assets
4,161,910
3,335,094
Current assets
615,035
1,524,822
Creditors: amounts falling due within one year
(7,209)
(5,989)
Net current assets
607,826
1,518,833
Total assets less current liabilities
4,769,736
4,853,927
Net assets
4,769,736
4,853,927
Capital and reserves
4,769,736
4,853,927
Notes to the financial statements
1
Director's benefits: advances, credit and guarantees
Included within other debtors is an amount of £13,045 due from the director of the company.
Interest of £60 (2021: £Nil) has been charged on the outstanding balance during the year at a rate of 2%.
The above balance was repaid within 9 months after the year end.
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2022
2021
Number
Number
Employees
1
1
Olstad 12 Properties Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Milland Farm House, Milland Lane Milland, Liphook, Hampshire, GU30 7JP.
For the year ended 31 October 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
OLSTAD 12 PROPERTIES LTD
BALANCE SHEET (CONTINUED)
AS AT 31 OCTOBER 2022
- 2 -
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved and signed by the director and authorised for issue on 23 June 2023
R Monks
Director
Company registration number 07726359 (England and Wales)