OKARITO (UK) LIMITED

OKARITO (UK) LIMITED

OKARITO (UK) LIMITED - Company Information

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OKARITO (UK) LIMITED

Company Registration Number:
04237128 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2022

Period of accounts

Start date: 01 November 2021

End date: 31 October 2022

OKARITO (UK) LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2022

Balance sheet
Notes

OKARITO (UK) LIMITED

Balance sheet

As at 31 October 2022


Notes
2022
2021


£
£
Fixed assets
Tangible assets: 3 40,724 50,883
Total fixed assets: 40,724 50,883
Current assets
Debtors:   371,600 193,172
Cash at bank and in hand: 1,161,028 1,145,370
Total current assets: 1,532,628 1,338,542
Creditors: amounts falling due within one year:   (116,205) (50,163)
Net current assets (liabilities): 1,416,423 1,288,379
Total assets less current liabilities: 1,457,147 1,339,262
Total net assets (liabilities): 1,457,147 1,339,262
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 1,456,147 1,338,262
Shareholders funds: 1,457,147 1,339,262

The notes form part of these financial statements

OKARITO (UK) LIMITED

Balance sheet statements

For the year ending 31 October 2022 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 Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 23 July 2023
and signed on behalf of the board by:

Name: David Young
Status: Director

The notes form part of these financial statements

OKARITO (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

OKARITO (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

2. Employees

2022 2021
Average number of employees during the period 4 4

OKARITO (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

3. Tangible Assets

Total
Cost £
At 01 November 2021 228,222
Additions 3,416
At 31 October 2022 231,638
Depreciation
At 01 November 2021 177,339
Charge for year 13,575
At 31 October 2022 190,914
Net book value
At 31 October 2022 40,724
At 31 October 2021 50,883

OKARITO (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

4. Related party transactions

Name of the related party: Replay Ltd
Relationship:
The director and principal shareholder of Okarito (UK) Ltd is David Young who is also the director and principal shareholder of Replay Ltd.
Description of the Transaction: Okarito (UK) Ltd invoiced Replay Ltd £510,000
£
Balance at 01 November 2021 117,000
Balance at 31 October 2022 340,000
Name of the related party: Laurent Despax-Combe
Relationship:
Laurent Despax-Combe is the spouse of David Young. David Young is the director and principal shareholder of Okarito (UK) Ltd
Description of the Transaction: Repayment, by Laurent Despax-Combe of loan
£
Balance at 01 November 2021 45,760
Balance at 31 October 2022 0