Oliver Thomas Trading Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08586766 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30th June 2019

for

Oliver Thomas Trading Limited

Page

Abridged Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

5

902

551

CURRENT ASSETS

Debtors

391,385

298,564

Cash at bank and in hand

294,395

182,217

685,780

480,781

CREDITORS

Amounts falling due within one year

75,080

49,037

NET CURRENT ASSETS

610,700

431,744

TOTAL ASSETS LESS CURRENT LIABILITIES

611,602

432,295

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

611,502

432,195

SHAREHOLDERS' FUNDS

611,602

432,295

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30th June 2019 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director on 4th February 2020 and were signed by:

Mr O Thomas - Director

1.	STATUTORY INFORMATION

Oliver Thomas Trading Limited is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address are as below:

Registered number:

08586766

Registered office:

Kings Lodge

London Road

West Kingsdown

Sevenoaks

Kent

TN15 6AR

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Revenue recognition

Revenue from financial trading activities are recognised at the point at which the gains and losses are realised.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

20% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and

Retained Earnings, 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2018 - 1 ) .

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1st July 2018

2,663

Additions

754

At 30th June 2019

3,417

DEPRECIATION

At 1st July 2018

2,112

Charge for year

403

At 30th June 2019

2,515

NET BOOK VALUE

At 30th June 2019

902

At 30th June 2018

551