Micro-entity Accounts - OLBE LIMITED

Micro-entity Accounts - OLBE LIMITED

OLBE LIMITED - Company Information

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Registered Number 08277363

OLBE LIMITED

Micro-entity Accounts

31 October 2019

OLBE LIMITED Registered Number 08277363

Micro-entity Balance Sheet as at 31 October 2019

Notes 2019 2018
£ £
Fixed Assets
971
-
Current Assets
124,792
137,740
Creditors: amounts falling due within one year
(56,577)
(69,570)
Net current assets (liabilities)
68,215
68,170
Total assets less current liabilities
69,186
68,170
Total net assets (liabilities)
69,186
68,170
Capital and reserves
69,186
68,170
  • For the year ending 31 October 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
  • The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 14 January 2020

And signed on their behalf by:
J Furs, Director

Footnotes:
  • Advances and credits
    Dividends were paid to directors who are also shareholders amounting to £33,600 in the year.

    The directors operated a loan account in the period, the opening credit balance of which was
    £45,032 with a net movement of £12,212 resulting in a closing credit balance of £32,820.

OLBE LIMITED Registered Number 08277363

Notes to the Micro-entity Accounts for the period ended 31 October 2019

1Employees
2019 2018
Average number of employees during the period 2 2