Officemost Projects Limited - Period Ending 2023-03-31

Officemost Projects Limited

Contents

Statement of Financial Position	1
Notes to the Unaudited Financial Statements	2 to 3

Officemost Projects Limited

(Registration number: 02820795)
Statement of Financial Position as at 31 March 2023

	Note	2023 £	2022 £
Current assets
Debtors	4	-	3,681
Cash at bank and in hand		211	304
		211	3,985
Creditors: Amounts falling due within one year	5	(270)	(2,041)
Net (liabilities)/assets		(59)	1,944
Capital and reserves
Called up share capital		2	2
Retained earnings		(61)	1,942
Shareholders' (deficit)/funds		(59)	1,944

For the financial year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the director on 12 December 2023
 

......................................... Mr D N Holt Director

Officemost Projects Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Whitehill House
Grimeford Lane
Bolton
Lancashire
BL6 5LD

These financial statements were authorised for issue by the director on 12 December 2023.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with FRS 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention.

Going concern

The company has net liabilities at the statement of financial position date. The company is supported by working capital provided by the director and the director will not seek repayment of their loan until the company has the available funds. It is on that basis that the financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2022 - 1).

Officemost Projects Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

4

Debtors

Current	2023 £	2022 £
Other debtors	-	3,681

5

Creditors

Creditors: amounts falling due within one year

	2023 £	2022 £
Due within one year
Accruals and deferred income	-	2,040
Other creditors	270	1
	270	2,041