Company Registration No. 11912808 (England and Wales)
ALE&OLI LTD
Unaudited accounts
for the year ended 31 March 2023
ALE&OLI LTD
Unaudited accounts
Contents
ALE&OLI LTD
Company Information
for the year ended 31 March 2023
Directors
FRANCES LOUISE O'SHEA
OLIVIA CHARLOTTE OAKHAM O'SHEA
Company Number
11912808 (England and Wales)
Registered Office
167 FRANKWELL
SHREWSBURY
SY3 8LG
UNITED KINGDOM
Accountants
ASPIRE ACCOUNTANTS AND ADVISORS LIMITED
62 BARTHOLOMEW STREET
NEWBURY
NEWBURY
BERKSHIRE
RG14 7BE
ALE&OLI LTD
Statement of financial position
as at 31 March 2023
Tangible assets
11,873
7,960
Cash at bank and in hand
1,336
1,820
Creditors: amounts falling due within one year
(112,564)
(45,961)
Net current liabilities
(111,228)
(44,141)
Total assets less current liabilities
(99,355)
(36,181)
Creditors: amounts falling due after more than one year
(17,153)
(27,343)
Net liabilities
(116,508)
(63,524)
Called up share capital
5
5
Profit and loss account
(116,513)
(63,529)
Shareholders' funds
(116,508)
(63,524)
For the year ending 31 March 2023 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 10 October 2023 and were signed on its behalf by
FRANCES LOUISE O'SHEA
Director
Company Registration No. 11912808
ALE&OLI LTD
Notes to the Accounts
for the year ended 31 March 2023
ALE&OLI LTD is a private company, limited by shares, registered in England and Wales, registration number 11912808. The registered office is 167 FRANKWELL, SHREWSBURY, SY3 8LG, UNITED KINGDOM.
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:
Plant & machinery
Straight line basis over five years
Fixtures & fittings
Straight line basis over five years
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2022
7,608
5,945
13,553
Additions
1,954
6,325
8,279
At 31 March 2023
9,562
12,270
21,832
At 1 April 2022
4,107
1,486
5,593
Charge for the year
1,912
2,454
4,366
At 31 March 2023
6,019
3,940
9,959
At 31 March 2023
3,543
8,330
11,873
At 31 March 2022
3,501
4,459
7,960
ALE&OLI LTD
Notes to the Accounts
for the year ended 31 March 2023
5
Creditors: amounts falling due within one year
2023
2022
Trade creditors
80,219
26,872
Taxes and social security
1,273
147
Loans from directors
16,818
11,947
6
Creditors: amounts falling due after more than one year
2023
2022
7
Average number of employees
During the year the average number of employees was 4 (2022: 6).