OWEN_HEARING_CARE_LIMITED - Accounts


Company Registration Number 08454732 (England and Wales)
OWEN HEARING CARE LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2021
PAGES FOR FILING WITH REGISTRAR
OWEN HEARING CARE LIMITED
BALANCE SHEET
AS AT
31 JULY 2021
31 July 2021
- 1 -
2021
2020
£
£
£
£
Fixed assets
20,579
23,792
Current assets
425,257
242,098
Prepayments and accrued income
19,907
11,329
Creditors: amounts falling due within one year
(95,775)
(63,756)
Net current assets
349,389
189,671
Total assets less current liabilities
369,968
213,463
Accruals and deferred income
(26,961)
(8,537)
Net assets
343,007
204,926
Capital and reserves
343,007
204,926
Notes to the financial statements
1
Director's benefits: advances, credit and guarantees

During the year the company made advances totalling £92,912 (2020 - £149,556) to the director. The advances were repayable on demand and incurred interest at HM Revenue & Customs approved rates. Repayments totalling £81,289 (2020 - £148,614) were made during the year.

2
Financial commitments, guarantees and contingencies

At the year end the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases of £183,051 (2020 - £222,589). The lease commitments relate to rent payable to 2026 in respect of properties occupied by the company.

3
Employees

The average number of persons, including directors, employed by the company during the year was as follows:

2021
2020
Number
Number
Employees
6
6

Owen Hearing Care Limited is a private company limited by shares incorporated in England and Wales. The registered office is 85 High Street, West Wickham, Kent, BR4 0LS.

For the year ended 31 July 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

OWEN HEARING CARE LIMITED
BALANCE SHEET (CONTINUED)
AS AT 31 JULY 2021
- 2 -

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 2 May 2022
Mr J E Owen
Director
Company Registration Number 08454732
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