Oander Limited - Accounts to registrar (filleted) - small 18.2

Oander Limited - Accounts to registrar (filleted) - small 18.2

OANDER LIMITED - Company Information

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IRIS Accounts Production v21.4.0.171 08359807 director 1.8.20 31.7.21 31.7.21 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure083598072020-07-31083598072021-07-31083598072020-08-012021-07-31083598072019-07-31083598072019-08-012020-07-31083598072020-07-3108359807ns16:EnglandWales2020-08-012021-07-3108359807ns15:PoundSterling2020-08-012021-07-3108359807ns11:Director12020-08-012021-07-3108359807ns11:PrivateLimitedCompanyLtd2020-08-012021-07-3108359807ns11:SmallEntities2020-08-012021-07-3108359807ns11:AuditExempt-NoAccountantsReport2020-08-012021-07-3108359807ns11:SmallCompaniesRegimeForDirectorsReport2020-08-012021-07-3108359807ns11:SmallCompaniesRegimeForAccounts2020-08-012021-07-3108359807ns11:FullAccounts2020-08-012021-07-3108359807ns11:RegisteredOffice2020-08-012021-07-3108359807ns6:CurrentFinancialInstruments2021-07-3108359807ns6:CurrentFinancialInstruments2020-07-3108359807ns6:Non-currentFinancialInstruments2021-07-3108359807ns6:Non-currentFinancialInstruments2020-07-3108359807ns6:ShareCapital2021-07-3108359807ns6:ShareCapital2020-07-3108359807ns6:RetainedEarningsAccumulatedLosses2021-07-3108359807ns6:RetainedEarningsAccumulatedLosses2020-07-3108359807ns6:PlantMachinery2020-08-012021-07-3108359807ns6:PlantMachinery2020-07-3108359807ns6:PlantMachinery2021-07-3108359807ns6:PlantMachinery2020-07-3108359807ns6:CurrentFinancialInstrumentsns6:WithinOneYear2021-07-3108359807ns6:CurrentFinancialInstrumentsns6:WithinOneYear2020-07-31
REGISTERED NUMBER: 08359807 (England and Wales)















REPORT OF THE DIRECTOR AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2021

FOR

OANDER LIMITED
OANDER LIMITED (REGISTERED NUMBER: 08359807)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 July 2021










Page

Company Information 1

Report of the Director 2

Statement of Financial Position 3

Notes to the Financial Statements 4


OANDER LIMITED

COMPANY INFORMATION
for the Year Ended 31 July 2021







DIRECTOR: B K Davies





REGISTERED OFFICE: 2 Park Court
Pyrford Road
West Byfleet
Surrey
KT14 6SD





REGISTERED NUMBER: 08359807 (England and Wales)





ACCOUNTANTS: Pesters
2 Park Court
Pyrford Road
West Byfleet
Surrey
KT14 6SD
Page 1
OANDER LIMITED (REGISTERED NUMBER: 08359807)

REPORT OF THE DIRECTOR
for the Year Ended 31 July 2021


The director presents his report with the financial statements of the company for the year ended 31 July 2021.

REVIEW OF BUSINESS
The Oander board are pleased with the performance of the business, which has been a significant growth in revenue of approx. 63% which is a combination of Oander's successful growth strategy with the introduction of new services to existing clients along with delayed project starts because of Covid-19.

The financial performance of the business continues to remain positive, having been able to maintain margin whilst there are several external economic pressures such as supply chain, skill shortages and inflation, which all continue to be present in the current market.

With a strong balance sheet, forward order book, client base and having secured positions on several key frameworks, the Oander team will continue to focus on long term, sustainable opportunities in which we partner with our clients to provide our expertise in the construction, infrastructure, and property markets.

DIRECTOR
B K Davies held office during the whole of the period from 1 August 2020 to the date of this report.

STATEMENT OF DIRECTOR'S RESPONSIBILITIES
The director is responsible for preparing the Report of the Director and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the director is required to:

- select suitable accounting policies and then apply them consistently;
- make judgements and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable him to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





B K Davies - Director


18 February 2022

Page 2
OANDER LIMITED (REGISTERED NUMBER: 08359807)

STATEMENT OF FINANCIAL POSITION
31 July 2021

31.7.21 31.7.20
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,516 7,959

CURRENT ASSETS
Debtors 5 105,087 163,158
Cash at bank 370,013 201,493
475,100 364,651
CREDITORS
Amounts falling due within one year 6 261,384 213,257
NET CURRENT ASSETS 213,716 151,394
TOTAL ASSETS LESS CURRENT
LIABILITIES
221,232
159,353

CREDITORS
Amounts falling due after more than one
year
7
39,167
48,334
NET ASSETS 182,065 111,019

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 182,064 111,018
SHAREHOLDERS' FUNDS 182,065 111,019

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2021 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.

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

The financial statements were approved by the director and authorised for issue on 18 February 2022 and were signed by:





B K Davies - Director


The notes form part of these financial statements

Page 3
OANDER LIMITED (REGISTERED NUMBER: 08359807)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 July 2021


1. STATUTORY INFORMATION

Oander Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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


2. ACCOUNTING POLICIES

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

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2020 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2020 18,149
Additions 1,711
At 31 July 2021 19,860
DEPRECIATION
At 1 August 2020 10,190
Charge for year 2,154
At 31 July 2021 12,344
NET BOOK VALUE
At 31 July 2021 7,516
At 31 July 2020 7,959

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.21 31.7.20
£    £   
Trade debtors 89,320 154,323
Other debtors 15,767 8,835
105,087 163,158

Page 4 continued...
OANDER LIMITED (REGISTERED NUMBER: 08359807)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 July 2021


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.21 31.7.20
£    £   
Bank loans and overdrafts 10,000 1,667
Trade creditors 94,342 72,462
Taxation and social security 39,897 27,987
Other creditors 117,145 111,141
261,384 213,257

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.7.21 31.7.20
£    £   
Bank loans 39,167 48,334

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 8,334

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At 31 July 2021 the company owed the Director the sum of £24,574 (2020 - £70,226). This loan is interest free and repayable on demand.

9. RELATED PARTY DISCLOSURES

During the year, total dividends of £2,000 were paid to the director .

Page 5