OT 2018 LTD

OT 2018 LTD

OT 2018 LTD - Company Information

Print Friendly Version

OT 2018 LTD

Company Registration Number:
11185664 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2020

Period of accounts

Start date: 01 March 2019

End date: 28 February 2020

OT 2018 LTD

Contents of the Financial Statements

for the Period Ended 28 February 2020

Balance sheet
Notes

OT 2018 LTD

Balance sheet

As at 28 February 2020


Notes
2020
13 months to 28 February 2019


£
£
Fixed assets
Tangible assets: 3 5,724 5,447
Total fixed assets: 5,724 5,447
Current assets
Stocks:   17,900
Debtors:   20,919 86,623
Cash at bank and in hand: 1,194,721 880,422
Total current assets: 1,215,640 984,945
Creditors: amounts falling due within one year:   (236,442) (288,699)
Net current assets (liabilities): 979,198 696,246
Total assets less current liabilities: 984,922 701,693
Total net assets (liabilities): 984,922 701,693
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 984,822 701,593
Shareholders funds: 984,922 701,693

The notes form part of these financial statements

OT 2018 LTD

Balance sheet statements

For the year ending 28 February 2020 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.

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

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 20 March 2020
and signed on behalf of the board by:

Name: GUANG QIN
Status: Director

The notes form part of these financial statements

OT 2018 LTD

Notes to the Financial Statements

for the Period Ended 28 February 2020

1. Accounting policies

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

Turnover policy

Turnover represents sales to outside customers at invoiced amounts less value added tax.

Tangible fixed assets and depreciation policy

Furniture, fixtures and equipment -25% per annum on cost.

OT 2018 LTD

Notes to the Financial Statements

for the Period Ended 28 February 2020

2. Employees

2020 13 months to 28 February 2019
Average number of employees during the period 24 24

OT 2018 LTD

Notes to the Financial Statements

for the Period Ended 28 February 2020

3. Tangible Assets

Total
Cost £
At 01 March 2019 7,470
Additions 2,859
At 28 February 2020 10,329
Depreciation
At 01 March 2019 2,023
Charge for year 2,582
At 28 February 2020 4,605
Net book value
At 28 February 2020 5,724
At 28 February 2019 5,447