1 March 2022 v2023.23.2 limited_company_frs_102_section_1a_v1_1_0 companies_houseSoftwarefalsetruetruetrueNo description of principal activitytruexbrli:purexbrli:sharesiso4217:GBP106456582022-03-012023-02-28106456582023-02-28106456582022-02-2810645658core:WithinOneYear2023-02-2810645658core:WithinOneYear2022-02-2810645658core:AfterOneYear2023-02-2810645658core:AfterOneYear2022-02-2810645658core:ShareCapital2023-02-2810645658core:ShareCapital2022-02-2810645658core:RetainedEarningsAccumulatedLosses2023-02-2810645658core:RetainedEarningsAccumulatedLosses2022-02-2810645658bus:Director12022-03-012023-02-2810645658bus:RegisteredOffice2022-03-012023-02-28106456582021-03-012022-02-28106456582022-03-011064565812022-03-012023-02-2810645658countries:EnglandWales2022-03-012023-02-2810645658bus:AuditExemptWithAccountantsReport2022-03-012023-02-2810645658bus:PrivateLimitedCompanyLtd2022-03-012023-02-2810645658bus:SmallEntities2022-03-012023-02-2810645658bus:AbridgedAccounts2022-03-012023-02-28
Company registration number:
10645658
Owl Estates Ltd
Unaudited Filleted Abridged Financial Statements for the year ended
28 February 2023
Owl Estates Ltd
Report to the board of directors on the preparation of the unaudited statutory financial statements of Owl Estates Ltd
Year ended
28 February 2023
As described on the abridged statement of financial position, the Board of Directors of
Owl Estates Ltd
are responsible for the preparation of the
abridged financial statements
for the year ended
28 February 2023
, which comprise the abridged income statement, statement of income and retained earnings, abridged statement of financial position and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions we have compiled these unaudited abridged financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.
Levell & Co Limited
Suite 25 Peel House
30 The Downs
Altrincham
WA14 2PX
United Kingdom
Date:
20 October 2023
Owl Estates Ltd
Abridged Statement of Financial Position
28 February 2023
20232022
Note££
Fixed assets    
Tangible assets 5
2,125
 
639
 
Current assets    
Debtors
96,000
 
80,000
 
Cash at bank and in hand
1,604
 
16,441
 
97,604
 
96,441
 
Creditors: amounts falling due within one year
(24,261
)
(22,159
)
Net current assets
73,343
 
74,282
 
Total assets less current liabilities 75,468   74,921  
Creditors: amounts falling due after more than one year
(25,833
)
(35,833
)
Net assets
49,635
 
39,088
 
Capital and reserves    
Called up share capital
1
 
1
 
Profit and loss account
49,634
 
39,087
 
Shareholders funds
49,635
 
39,088
 
For the year ending
28 February 2023
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements.
All of the members have consented to the preparation of the abridged statement of financial position and the abridged income statement for the year ended
28 February 2023
in accordance with Section 444(2A) of the Companies Act 2006.
These
abridged 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.
These
abridged financial statements
were approved by the board of directors and authorised for issue on
20 October 2023
, and are signed on behalf of the board by:
Ms O Jozsa
Director
Company registration number:
10645658
Owl Estates Ltd
Notes to the Abridged Financial Statements
Year ended
28 February 2023

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
73 York Street
,
Heywood
,
Rochdale
,
Lancashire
,
OL10 4NR
, United Kingdom.

2 Statement of compliance

These
abridged financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
abridged financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
abridged financial statements
are prepared in sterling, which is the functional currency of the company.

4 Average number of employees

The average number of persons employed by the company during the year was
6
(2022:
6.00
).

5 Fixed assets

Tangible assets
£
Cost  
At
1 March 2022
851
 
Additions
2,194
 
At
28 February 2023
3,045
 
Depreciation  
At
1 March 2022
212
 
Charge
708
 
At
28 February 2023
920
 
Carrying amount  
At
28 February 2023
2,125
 
At 28 February 2022
639