1 November 2020 false No description of principal activity Taxfiler 2022.8.3 11651913business:PrivateLimitedCompanyLtd2020-11-012021-10-31 116519132020-10-31 116519132020-11-012021-10-31 11651913business:AuditExempt-NoAccountantsReport2020-11-012021-10-31 11651913business:FullAccounts2020-11-012021-10-31 116519132021-10-31 11651913business:Director12020-11-012021-10-31 11651913business:Director22020-11-012021-10-31 11651913business:RegisteredOffice2020-11-012021-10-31 116519132020-10-31 11651913core:WithinOneYear2021-10-31 11651913core:WithinOneYear2020-10-31 11651913core:ShareCapital2021-10-31 11651913core:ShareCapital2020-10-31 11651913core:RetainedEarningsAccumulatedLosses2021-10-31 11651913core:RetainedEarningsAccumulatedLosses2020-10-31 11651913business:SmallEntities2020-11-012021-10-31 11651913countries:EnglandWales2020-11-012021-10-31 11651913core:FurnitureFittings2020-11-012021-10-31 11651913core:MotorVehicles2020-10-31 11651913core:FurnitureFittings2020-10-31 11651913core:ComputerEquipment2020-10-31 11651913core:MotorVehicles2021-10-31 11651913core:FurnitureFittings2021-10-31 11651913core:ComputerEquipment2021-10-31 11651913core:MotorVehicles2020-11-012021-10-31 11651913core:ComputerEquipment2020-11-012021-10-31 11651913business:OrdinaryShareClass12020-11-012021-10-31 11651913business:OrdinaryShareClass12019-11-012020-10-31 116519132019-11-012020-10-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 11651913 (England and Wales)
Owino Trading Company Ltd Unaudited accounts for the year ended 31 October 2021
Owino Trading Company Ltd Unaudited accounts Contents
Page
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Owino Trading Company Ltd Company Information for the year ended 31 October 2021
Directors
Elastus Lupampa Muzira Jesca Muzira
Company Number
11651913 (England and Wales)
Registered Office
195 LONDON ROAD LONDON MITCHAM SURREY CR4 2JD ENGLAND
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Owino Trading Company Ltd Statement of financial position as at 31 October 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Tangible assets
31,246 
41,662 
Current assets
Inventories
59,500 
52,000 
Debtors
54,799 
51,512 
Cash at bank and in hand
64,494 
89,620 
178,793 
193,132 
Creditors: amounts falling due within one year
(232,818)
(225,821)
Net current liabilities
(54,025)
(32,689)
Net (liabilities)/assets
(22,779)
8,973 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(22,879)
8,873 
Shareholders' funds
(22,779)
8,973 
For the year ending 31 October 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 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 of Directors and authorised for issue on 30 July 2022 and were signed on its behalf by
Elastus Lupampa Muzira Director Company Registration No. 11651913
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Owino Trading Company Ltd Notes to the Accounts for the year ended 31 October 2021
1
Statutory information
Owino Trading Company Ltd is a private company, limited by shares, registered in England and Wales, registration number 11651913. The registered office is 195 LONDON ROAD, LONDON, MITCHAM, SURREY, CR4 2JD, ENGLAND.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25%
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 November 2020
15,000 
54,000 
3,800 
72,800 
At 31 October 2021
15,000 
54,000 
3,800 
72,800 
Depreciation
At 1 November 2020
6,563 
23,625 
950 
31,138 
Charge for the year
2,109 
7,594 
713 
10,416 
At 31 October 2021
8,672 
31,219 
1,663 
41,554 
Net book value
At 31 October 2021
6,328 
22,781 
2,137 
31,246 
At 31 October 2020
8,437 
30,375 
2,850 
41,662 
5
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
Trade debtors
11,062 
11,245 
Other debtors
43,737 
40,267 
54,799 
51,512 
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Owino Trading Company Ltd Notes to the Accounts for the year ended 31 October 2021
6
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
Trade creditors
14,534 
- 
Taxes and social security
8,750 
10,181 
Other creditors
49,167 
28,881 
Loans from directors
157,601 
183,160 
Accruals
2,766 
3,599 
232,818 
225,821 
7
Share capital
2021 
2020 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Average number of employees
During the year the average number of employees was 1 (2020: 1).
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