| O4O Cookstown Limited |
| Registered number: |
NI051168 |
| Directors' Report |
|
| The directors present their report and accounts for the year ended 31 March 2021. |
|
| Principal activities |
| The company's principal activity during the year continued to be to facilitate the interest of Social Welfare for the older people in the Cookstown area. |
|
| Directors |
| The following persons served as directors during the year: |
|
|
Margaret H Gilbert MBE |
|
Cyril Gilbert |
|
Thomas Alan McClung |
|
Elizabeth Stewart |
|
Hazel Ferguson |
|
Johnston Leslie Cairns |
|
Eileen C Mullan |
|
| Third party indemnity provisions |
| The directors consider that in preparing the financial statements they have taken into account all information that could reasonably be expected to be available. On this basis, they consider that it is appropriate to prepare the financial statements on the going concern basis. This assumes that either the funding application is awarded to the charity or that the directors' alternative plans are successful. The financial statements do not include any adjustments that would result if the application were not awarded to the charity and the directors' alternative plans were not successful. |
|
| Small company provisions |
| This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
| This report was approved by the board on 11 January 2022 and signed on its behalf. |
|
|
|
|
|
| Margaret H Gilbert MBE |
| Director |
|
| O4O Cookstown Limited |
| Registered number: |
NI051168 |
| Balance Sheet |
| as at 31 March 2021 |
|
| Notes |
|
|
2021 |
|
|
2020 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
11,078 |
|
|
10,646 |
|
| Current assets |
| Stocks |
|
|
1,562 |
|
|
1,280 |
| Debtors |
4 |
|
503 |
|
|
1,022 |
| Cash at bank and in hand |
|
|
29,487 |
|
|
32 |
|
|
|
31,552 |
|
|
2,334 |
|
| Creditors: amounts falling due within one year |
5 |
|
(12,975) |
|
|
(15,205) |
|
| Net current assets/(liabilities) |
|
|
|
18,577 |
|
|
(12,871) |
|
| Net assets/(liabilities) |
|
|
|
29,655 |
|
|
(2,225) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Profit and loss account |
|
|
|
29,655 |
|
|
(2,225) |
|
| Shareholders' funds |
|
|
|
29,655 |
|
|
(2,225) |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| 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 and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Johnston Leslie Cairns |
| Director |
| Approved by the board on 11 January 2022 |
|
| O4O Cookstown Limited |
| Notes to the Accounts |
| for the year ended 31 March 2021 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover represents the value, donations, membership fees and grants. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Plant and machinery |
15% reducing balance |
|
Motor vehicles |
15% reducing balance |
|
|
Stocks |
|
Stocks are measured at the lower of cost and estimated value of items to be used in the cooking and distribution of meals and crafts to the members. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Pensions |
|
Contributions to defined contribution plans are expensed in the period to which they relate. |
|
|
| 2 |
Employees |
2021 |
|
2020 |
| Number |
Number |
|
|
Average number of persons employed by the company |
8 |
|
7 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
Plant and machinery etc |
|
Motor vehicles |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 April 2020 |
56,307 |
|
15,100 |
|
71,407 |
|
Additions |
2,387 |
|
- |
|
2,387 |
|
At 31 March 2021 |
58,694 |
|
15,100 |
|
73,794 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2020 |
50,434 |
|
10,327 |
|
60,761 |
|
Charge for the year |
1,239 |
|
716 |
|
1,955 |
|
At 31 March 2021 |
51,673 |
|
11,043 |
|
62,716 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2021 |
7,021 |
|
4,057 |
|
11,078 |
|
At 31 March 2020 |
5,873 |
|
4,773 |
|
10,646 |
|
|
| 4 |
Debtors |
2021 |
|
2020 |
| £ |
£ |
|
|
Trade debtors |
268 |
|
1,022 |
|
Other debtors |
235 |
|
- |
|
|
|
|
|
|
503 |
|
1,022 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2021 |
|
2020 |
| £ |
£ |
|
|
Trade creditors |
882 |
|
2,712 |
|
Taxation and social security costs |
- |
|
401 |
|
Other creditors |
12,093 |
|
12,092 |
|
|
|
|
|
|
12,975 |
|
15,205 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Other information |
|
|
O4O Cookstown Limited is a private company limited by shares and incorporated in Northern Ireland. Its registered office is: |
|
Unit 18-20 Cookstown Enterprise Centre |
|
Derryloran Industrial Estate |
|
Cookstown |
|
Co Tyrone |
|
BT80 9LU |
