Overdale House Limited Filleted Accounts Cover
Overdale House Limited
Company No. 08713429
Information for Filing with The Registrar
31 December 2021
Overdale House Limited Directors Report Registrar
The Director presents his report and the accounts for the year ended 31 December 2021.
Principal activities
The principal activity of the company during the year under review was tax and consultancy services.
Director
The Director who served at any time during the year was as follows:
D.M. Radford
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.
Signed on behalf of the board
D.M. Radford
Director
19 August 2022
Overdale House Limited Balance Sheet Registrar
at
31 December 2021
Company No.
08713429
Notes
2021
2020
£
£
Current assets
Debtors
4
25,23325,354
Cash at bank and in hand
11,78314,785
37,01640,139
Creditors: Amount falling due within one year
5
(8,925)
(5,630)
Net current assets
28,09134,509
Total assets less current liabilities
28,09134,509
Net assets
28,09134,509
Capital and reserves
Called up share capital
200200
Profit and loss account
6
27,89134,309
Total equity
28,09134,509
These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the year ended 31 December 2021 the company was entitled to exemption from audit 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.
Approved by the board on 19 August 2022
And signed on its behalf by:
D.M. Radford
Director
19 August 2022
Overdale House Limited Notes to the Accounts Registrar
for the year ended 31 December 2021
1
General information
Its registered number is: 08713429
Its registered office is:
Overdale House
Gaulby Road
Kings Norton
Leicester
LE7 9BA
The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.
The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland (March 2018) and the Companies Act 2006.
2
Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services and is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the estimated contract costs.
Taxation
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.
Trade and other creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
3
Employees
2021
2020
Number
Number
The average monthly number of employees (including directors) during the year was:
11
4
Debtors
2021
2020
£
£
Trade debtors
23,27522,900
Prepayments and accrued income
1,9582,454
25,23325,354
5
Creditors:
amounts falling due within one year
2021
2020
£
£
Corporation tax
8,3275,591
Loans from directors
59839
8,9255,630
6
Reserves
Profit and loss account - includes all current and prior period retained profits and losses.
7
Dividends
2021
2020
£
£
Dividends for the period:
Dividends paid in the period
20,000
20,000
20,000
20,000
Dividends by type:
Equity dividends
20,00020,000
20,000
20,000
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