Company Registration No. 12307860 (England and Wales)
OLIVER HOUSE (KIRK HALLAM) LTD
Unaudited accounts
for the year ended 30 November 2022
OLIVER HOUSE (KIRK HALLAM) LTD
Unaudited accounts
Contents
OLIVER HOUSE (KIRK HALLAM) LTD
Company Information
for the year ended 30 November 2022
Company Number
12307860 (England and Wales)
Registered Office
5 INGHAM GROVE
NOTTINGHAM
NG7 2LQ
ENGLAND
Accountants
Syed & Co
33 Bentinck Road
Nottingham
NG7 4AA
OLIVER HOUSE (KIRK HALLAM) LTD
Statement of financial position
as at 30 November 2022
Intangible assets
85,000
85,000
Tangible assets
58,080
45,243
Cash at bank and in hand
721,314
536,236
Creditors: amounts falling due within one year
(350,536)
(288,562)
Net current assets
370,778
247,674
Total assets less current liabilities
513,858
377,917
Creditors: amounts falling due after more than one year
(14,167)
-
Net assets
499,691
377,917
Called up share capital
1
1
Profit and loss account
499,690
377,916
Shareholders' funds
499,691
377,917
For the year ending 30 November 2022 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 9 October 2023 and were signed on its behalf by
Sajid Mahmood
Director
Company Registration No. 12307860
OLIVER HOUSE (KIRK HALLAM) LTD
Notes to the Accounts
for the year ended 30 November 2022
OLIVER HOUSE (KIRK HALLAM) LTD is a private company, limited by shares, registered in England and Wales, registration number 12307860. The registered office is 5 INGHAM GROVE, NOTTINGHAM, NG7 2LQ, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Motor vehicles
20% on a reducing balance basis
Fixtures & fittings
15% on a reducing balance basis
Intangible fixed assets are recorded at cost
4
Intangible fixed assets
Goodwill
At 30 November 2022
85,000
At 30 November 2022
85,000
At 30 November 2021
85,000
OLIVER HOUSE (KIRK HALLAM) LTD
Notes to the Accounts
for the year ended 30 November 2022
5
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 December 2021
30,961
34,643
65,604
Additions
37,250
1,496
38,746
Revaluations
(20,425)
-
(20,425)
At 30 November 2022
47,786
36,139
83,925
At 1 December 2021
11,146
9,215
20,361
Charge for the year
10,120
4,039
14,159
On disposals
(8,675)
-
(8,675)
At 30 November 2022
12,591
13,254
25,845
At 30 November 2022
35,195
22,885
58,080
At 30 November 2021
19,815
25,428
45,243
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
144,206
180,135
Trade creditors
114,711
88,725
Taxes and social security
49,863
19,515
Loans from directors
33,261
187
7
Creditors: amounts falling due after more than one year
2022
2021
Obligations under finance leases and hire purchase contracts
14,167
-
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Sajid Mahmood
(187)
-
-
(187)
9
Average number of employees
During the year the average number of employees was 30 (2021: 30).