Obelix UK Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 06766306 (England and Wales)

FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2022 TO 31 MAY 2023

FOR

OBELIX UK LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Ms E Pilkington

REGISTERED OFFICE:

Vantage Point House

Silverhills Road

Decoy Industrial Estate

Newton Abbot

Devon

TQ12 5ND

REGISTERED NUMBER:

06766306 (England and Wales)

ACCOUNTANTS:

Marsland Nash Associates

Chartered Tax Advisers, Accountants

and Business Consultants

Vantage Point House

Silverhills Road

Decoy Industrial Estate

Newton Abbot

Devon

TQ12 5ND

CREDITORS

Amounts falling due within one year

4

55,824

35,470

NET CURRENT LIABILITIES

(55,824

)

(35,470

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(55,824

)

(35,470

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(55,924

)

(35,570

)

SHAREHOLDERS' FUNDS

(55,824

)

(35,470

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 September 2023 and were signed by:

Ms E Pilkington - Director

1.	STATUTORY INFORMATION

Obelix UK 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.

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.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Going concern

The company meets its day to day working capital requirements through a loan provided by Ms E Pilkington, a Director of the company. She will continue to support the company in this way until such times as profits are made.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2022 - NIL).

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Directors' current accounts

54,189

34,347

Accrued expenses

1,635

1,123

55,824

35,470

5.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 May 2023 and the year ended 31 March 2022:

2023

2022

£

£

Ms E Pilkington

Balance outstanding at start of period

(34,347

)

(27,119

)

Amounts advanced

-

3,092

Amounts repaid

(19,842

)

(10,320

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

(54,189

)

(34,347

)

Loans are unsecured, interest free and repayable on demand.