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REGISTERED NUMBER: 03744765 (England and Wales)












Oliver James Estate Agents Limited

Unaudited Financial Statements

for the Year Ended 31 March 2023






Oliver James Estate Agents Limited (Registered number: 03744765)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Oliver James Estate Agents Limited

Company Information
for the Year Ended 31 March 2023







DIRECTOR: N S Lindsey





REGISTERED OFFICE: 10 Gatelodge Close
Round Spinney
Northampton
Northamptonshire
NN3 8RJ





REGISTERED NUMBER: 03744765 (England and Wales)





ACCOUNTANTS: Kilby Fox
Chartered Accountants
4 Pavilion Court
600 Pavilion Drive
Northampton Business Park
Northampton
Northamptonshire
NN4 7SL

Oliver James Estate Agents Limited (Registered number: 03744765)

Balance Sheet
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,567 1,959

CURRENT ASSETS
Debtors 5 9,753 9,509
Cash at bank and in hand 37,228 61,772
46,981 71,281
CREDITORS
Amounts falling due within one year 6 22,909 12,795
NET CURRENT ASSETS 24,072 58,486
TOTAL ASSETS LESS CURRENT
LIABILITIES

25,639

60,445

CAPITAL AND RESERVES
Called up share capital 7 300 300
Other reserves 8 700 700
Retained earnings 8 24,639 59,445
SHAREHOLDERS' FUNDS 25,639 60,445

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the director and authorised for issue on 26 September 2023 and were signed by:





N S Lindsey - Director


Oliver James Estate Agents Limited (Registered number: 03744765)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Oliver James Estate Agents Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 20% on reducing balance
Office equipment - 20% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

Oliver James Estate Agents Limited (Registered number: 03744765)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. TANGIBLE FIXED ASSETS
Computer Office
equipment equipment Totals
£    £    £   
COST
At 1 April 2022
and 31 March 2023 53,167 21,471 74,638
DEPRECIATION
At 1 April 2022 51,932 20,747 72,679
Charge for year 247 145 392
At 31 March 2023 52,179 20,892 73,071
NET BOOK VALUE
At 31 March 2023 988 579 1,567
At 31 March 2022 1,235 724 1,959

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 9,240 9,000
Other debtors 513 509
9,753 9,509

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 2,256 2,206
Taxation and social security 5,087 5,023
Other creditors 15,566 5,566
22,909 12,795

7. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1,000 Ordinary £1 300 300

8. RESERVES
Retained Other
earnings reserves Totals
£    £    £   

At 1 April 2022 59,445 700 60,145
Profit for the year 14,694 14,694
Dividends (49,500 ) (49,500 )
At 31 March 2023 24,639 700 25,339