OLIVER_BARNSTAPLE_LIMITED_30_Jun_2023_companies_house_set_of_accounts.html
OLIVER_BARNSTAPLE_LIMITED_30_Jun_2023_companies_house_set_of_accounts.html
Company registration number:
Statement of Financial Position
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Note | £ | £ | |||
| Current assets | |||||
| Stocks |
|
|
|||
| Debtors | 5 |
|
|
||
| Cash at bank and in hand |
|
|
|||
|
|
|
||||
| Creditors: amounts falling due within one year | 6 |
(
|
) |
(
|
) |
| Net current liabilities |
(
|
) |
(
|
) | |
| Total assets less current liabilities | (197,321 | ) | (143,643 | ) | |
| Capital and reserves | |||||
| Called up share capital |
|
|
|||
| Profit and loss account |
(
|
) |
(
|
) | |
| Shareholders deficit |
(
|
) |
(
|
) | |
For the year ending 30 June 2023 , the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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; The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These 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 income statement has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 1 March 2024 , and are signed on behalf of the board by:
| Director |
Company registration number:
11134797
Notes to the Financial Statements
Year ended 30 June 2023
1 General information
The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is 1 Frederick Place , London , N8 8AF , England.
2 Statement of compliance
These financial statements have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.
3 Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The financial statements are prepared in sterling, which is the functional currency of the company.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.
4 Average number of employees
The average number of persons employed by the company during the year was Nil (2022: Nil).
5 Debtors
| 2023 | 2022 | |||
|---|---|---|---|---|
| £ | £ | |||
| Amounts owed by group undertakings and undertakings in which the company has a participating interest |
|
- | ||
| Other debtors |
|
|
||
|
|
|
|||
6 Creditors: amounts falling due within one year
| 2023 | 2022 | |||
|---|---|---|---|---|
| £ | £ | |||
| Bank loans and overdrafts |
|
- | ||
| Trade creditors |
|
|
||
| Amounts owed to group undertakings and undertakings in which the company has a participating interest | - |
|
||
| Other creditors |
|
|
||
|
|
|
|||