Company Registration No. 08382643 (England and Wales)
Olive And Fig Limited
Unaudited accounts
for the year ended 31 January 2023
Olive And Fig Limited
Unaudited accounts
Contents
Olive And Fig Limited
Company Information
for the year ended 31 January 2023
Directors
Mohsin Patel
Zainul Aabedin Patel
Company Number
08382643 (England and Wales)
Registered Office
254 SHEAR BROW
BLACKBURN
BB1 8DS
Olive And Fig Limited
Statement of financial position
as at 31 January 2023
Tangible assets
74,490
93,112
Cash at bank and in hand
25,657
51,602
Creditors: amounts falling due within one year
(4,363)
(2,654)
Net current assets
92,533
120,187
Total assets less current liabilities
167,023
213,299
Creditors: amounts falling due after more than one year
(448,455)
(538,015)
Net liabilities
(281,432)
(324,716)
Called up share capital
200
200
Profit and loss account
(281,632)
(324,916)
Shareholders' funds
(281,432)
(324,716)
For the year ending 31 January 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 11 September 2023 and were signed on its behalf by
Mohsin Patel
Director
Company Registration No. 08382643
Olive And Fig Limited
Notes to the Accounts
for the year ended 31 January 2023
Olive And Fig Limited is a private company, limited by shares, registered in England and Wales, registration number 08382643. The registered office is 254 SHEAR BROW, BLACKBURN, BB1 8DS.
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:
4
Tangible fixed assets
Fixtures & fittings
At 1 February 2022
353,368
At 31 January 2023
353,368
At 1 February 2022
260,256
Charge for the year
18,622
At 31 January 2023
278,878
Amounts falling due within one year
Amounts due from group undertakings etc.
71,239
71,239
Olive And Fig Limited
Notes to the Accounts
for the year ended 31 January 2023
6
Creditors: amounts falling due within one year
2023
2022
7
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
448,455
538,015
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).