THE OWL CENTRE LIMITED

Company Registration Number:
07880303 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2021

Period of accounts

Start date: 01 January 2021

End date: 31 December 2021

THE OWL CENTRE LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2021

Balance sheet
Notes

THE OWL CENTRE LIMITED

Balance sheet

As at 31 December 2021


Notes

2021

2020


£

£
Fixed assets
Intangible assets: 3 444,070 228,006
Tangible assets: 4 4,600 5,412
Total fixed assets: 448,670 233,418
Current assets
Debtors:   167,944 111,663
Cash at bank and in hand: 200,896 125,932
Total current assets: 368,840 237,595
Creditors: amounts falling due within one year:   (191,098) (170,972)
Net current assets (liabilities): 177,742 66,623
Total assets less current liabilities: 626,412 300,041
Creditors: amounts falling due after more than one year:   (35,822) (50,000)
Provision for liabilities: (874) (1,028)
Total net assets (liabilities): 589,716 249,013
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 589,616 248,913
Shareholders funds: 589,716 249,013

The notes form part of these financial statements

THE OWL CENTRE LIMITED

Balance sheet statements

For the year ending 31 December 2021 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 20 July 2022
and signed on behalf of the board by:

Name: Nicola Sonya Lathey
Status: Director

The notes form part of these financial statements

THE OWL CENTRE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

THE OWL CENTRE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

2. Employees

2021 2020
Average number of employees during the period 7 4

THE OWL CENTRE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

3. Intangible Assets

Total
Cost £
At 01 January 2021 250,935
Additions 249,600
At 31 December 2021 500,535
Amortisation
At 01 January 2021 22,929
Charge for year 33,536
At 31 December 2021 56,465
Net book value
At 31 December 2021 444,070
At 31 December 2020 228,006

THE OWL CENTRE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

4. Tangible Assets

Total
Cost £
At 01 January 2021 9,141
At 31 December 2021 9,141
Depreciation
At 01 January 2021 3,729
Charge for year 812
At 31 December 2021 4,541
Net book value
At 31 December 2021 4,600
At 31 December 2020 5,412