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Company Registration No. 11725873 (England and Wales)
Our Business Limited Unaudited accounts for the year ended 31 December 2021
Our Business Limited Unaudited accounts Contents
Page
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Our Business Limited Company Information for the year ended 31 December 2021
Director
Wenhui Li
Company Number
11725873 (England and Wales)
Registered Office
Dept 2393 43 Owston Road Carcroft Doncaster DN6 8DA
Accountants
LJW Accountants Limited 27 Hardy Avenue Dartford Kent DA1 2FE
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Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Our Business Limited for the year ended 31 December 2021
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Our Business Limited for the year ended 31 December 2021 as set out on pages 5 - 6 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
LJW Accountants Limited Chartered Certified Accountants 27 Hardy Avenue Dartford Kent DA1 2FE 28 August 2022
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Our Business Limited Statement of financial position as at 31 December 2021
2021 
2020 
Notes
£ 
£ 
Current assets
Cash at bank and in hand
672 
1 
Creditors: amounts falling due within one year
(127)
- 
Net current assets
545 
1 
Net assets
545 
1 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
544 
- 
Shareholders' funds
545 
1 
For the year ending 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 August 2022 and were signed on its behalf by
Wenhui Li Director Company Registration No. 11725873
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Our Business Limited Notes to the Accounts for the year ended 31 December 2021
1
Statutory information
Our Business Limited is a private company, limited by shares, registered in England and Wales, registration number 11725873. The registered office is Dept 2393, 43 Owston Road, Carcroft, Doncaster, DN6 8DA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services 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 total estimated contract costs.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
4
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
Taxes and social security
127 
- 
5
Average number of employees
During the year the average number of employees was 1 (2020: 0).
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