O&L 1942 LIMITED

O&L 1942 LIMITED

O&L 1942 LIMITED - Company Information

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O&L 1942 LIMITED

Company Registration Number:
11484198 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2019

Period of accounts

Start date: 25 July 2018

End date: 30 June 2019

O&L 1942 LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2019

Balance sheet
Additional notes
Balance sheet notes

O&L 1942 LIMITED

Balance sheet

As at 30 June 2019

Notes 11 months to 30 June 2019


£
Fixed assets
Tangible assets: 3 225,000
Total fixed assets: 225,000
Creditors: amounts falling due within one year: 4 ( 685 )
Net current assets (liabilities): (685)
Total assets less current liabilities: 224,315
Creditors: amounts falling due after more than one year: 5 ( 225,000 )
Total net assets (liabilities): (685)
Capital and reserves
Called up share capital: 100
Profit and loss account: (785 )
Total Shareholders' funds: ( 685 )

The notes form part of these financial statements

O&L 1942 LIMITED

Balance sheet statements

For the year ending 30 June 2019 the company was entitled to exemption 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 directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 26 February 2020
and signed on behalf of the board by:

Name: Nicholas Alexander OSTERBERY
Status: Director

The notes form part of these financial statements

O&L 1942 LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2019

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Depreciation is provided at rates calculated to write of the cost or valuation less residual value of each asset over its expected useful life as follows:Land and buildings - 0%Plant and Machinery - 20% straight lineFixtures and fittings - 10% straight lineOffice equipment - 25% straight lineMotor vehicles - 25% straight line

O&L 1942 LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2019

  • 2. Employees

    11 months to 30 June 2019
    Average number of employees during the period 2

O&L 1942 LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2019

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 225,000 225,000
Disposals
Revaluations
Transfers
At 30 June 2019 225,000 225,000
Depreciation
Charge for year
On disposals
Other adjustments
At 30 June 2019
Net book value
At 30 June 2019 225,000 225,000

O&L 1942 LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2019

4. Creditors: amounts falling due within one year note

11 months to 30 June 2019
£
Other creditors 685
Total 685

O&L 1942 LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2019

5. Creditors: amounts falling due after more than one year note

11 months to 30 June 2019
£
Other creditors 225,000
Total 225,000

The Other Creditors balance at the end of the period represents the long-term investment in the business by the shareholders.