Ocean Kitchens Ltd Filleted accounts for Companies House (small and micro)
Ocean Kitchens Ltd Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
08586068
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Statement of Financial Position |
2020 |
2019 |
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Note |
£ |
£ |
£ |
Fixed assets
Tangible assets |
6 |
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Current assets
Stocks |
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Debtors |
7 |
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--------- |
--------- |
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Creditors: amounts falling due within one year |
8 |
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--------- |
--------- |
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Net current assets/(liabilities) |
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(
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--------- |
--------- |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
9 |
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--------- |
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Net assets |
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--------- |
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Capital and reserves
Called up share capital |
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Profit and loss account |
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-------- |
-------- |
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Shareholders funds |
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-------- |
-------- |
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In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
Director's responsibilities:
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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
;
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
27 August 2021
, and are signed on behalf of the board by:
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Director |
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Company registration number:
08586068
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Notes to the Financial Statements |
Year ended 30 November 2020
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 30 Burman Road, Shirley, Solihull, West Midlands, B90 2BG.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Revenue recognition
Income tax
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
Goodwill |
- |
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If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and equipment |
- |
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Showroom |
- |
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Motor vehicles |
- |
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Impairment of fixed assets
Stocks
Finance leases and hire purchase contracts
Government grants
Defined contribution plans
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
5
(2019:
4
).
5.
Intangible assets
Goodwill |
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£ |
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Cost |
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At 1 December 2019 and 30 November 2020 |
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Amortisation |
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At 1 December 2019 and 30 November 2020 |
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-------- |
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Carrying amount |
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At 30 November 2020 |
– |
-------- |
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At 30 November 2019 |
– |
-------- |
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6.
Tangible assets
Plant and equipment |
Showroom |
Motor vehicles |
Total |
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£ |
£ |
£ |
£ |
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Cost |
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At 1 December 2019 |
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Additions |
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– |
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Disposals |
– |
(
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(
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(
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--------- |
-------- |
-------- |
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At 30 November 2020 |
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– |
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-------- |
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Depreciation |
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At 1 December 2019 |
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Charge for the year |
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– |
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Disposals |
– |
(
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(
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(
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At 30 November 2020 |
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– |
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Carrying amount |
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At 30 November 2020 |
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– |
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--------- |
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At 30 November 2019 |
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7.
Debtors
2020 |
2019 |
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£ |
£ |
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Trade debtors |
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Carkus Solutions Limited |
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Other debtors |
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8.
Creditors:
amounts falling due within one year
2020 |
2019 |
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£ |
£ |
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Bank loans and overdrafts |
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Trade creditors |
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Accruals and deferred income |
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Social security and other taxes |
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Obligations under finance leases and hire purchase contracts |
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Director loan accounts |
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Other creditors |
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--------- |
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9.
Creditors:
amounts falling due after more than one year
2020 |
2019 |
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£ |
£ |
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Bank loans and overdrafts |
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– |
Obligations under finance leases and hire purchase contracts |
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10.
Related party transactions
During the year the company hired equipment to the value of £42,408 to Carkus Solutions Limited, a company controlled by
M Beech
. Also included in debtors is a loan to Carkus Solutions Limited of £59,444.