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Company Registration No. 11735530 (England and Wales)
Omar And Associates Limited Unaudited accounts for the year ended 31 December 2022
Omar And Associates Limited Unaudited accounts Contents
Page
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Omar And Associates Limited Company Information for the year ended 31 December 2022
Director
Lucas Ferenc
Company Number
11735530 (England and Wales)
Registered Office
2 Frederick Street London WC1X 0ND England
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Omar And Associates Limited Statement of financial position as at 31 December 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Intangible assets
21,441 
24,504 
Tangible assets
27,202 
31,088 
48,643 
55,592 
Current assets
Inventories
72,216 
55,103 
Debtors
104,270 
60,413 
Cash at bank and in hand
38,405 
21,355 
214,891 
136,871 
Creditors: amounts falling due within one year
(338,432)
(334,470)
Net current liabilities
(123,541)
(197,599)
Total assets less current liabilities
(74,898)
(142,007)
Creditors: amounts falling due after more than one year
(62,870)
(15,310)
Net liabilities
(137,768)
(157,317)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(137,868)
(157,417)
Shareholders' funds
(137,768)
(157,317)
For the year ending 31 December 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 1 January 2023 and were signed on its behalf by
Lucas Ferenc Director Company Registration No. 11735530
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Omar And Associates Limited Notes to the Accounts for the year ended 31 December 2022
1
Statutory information
Omar And Associates Limited is a private company, limited by shares, registered in England and Wales, registration number 11735530. The registered office is 2 Frederick Street, London, WC1X 0ND, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
10
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2022
30,630 
At 31 December 2022
30,630 
Amortisation
At 1 January 2022
6,126 
Charge for the year
3,063 
At 31 December 2022
9,189 
Net book value
At 31 December 2022
21,441 
At 31 December 2021
24,504 
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Omar And Associates Limited Notes to the Accounts for the year ended 31 December 2022
5
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 January 2022
38,860 
At 31 December 2022
38,860 
Depreciation
At 1 January 2022
7,772 
Charge for the year
3,886 
At 31 December 2022
11,658 
Net book value
At 31 December 2022
27,202 
At 31 December 2021
31,088 
6
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
Trade debtors
104,270 
60,413 
7
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Bank loans and overdrafts
43,019 
46,142 
VAT
5,992 
6,046 
Trade creditors
140,394 
167,319 
Taxes and social security
19,810 
21,350 
Other creditors
110,751 
75,147 
Accruals
18,466 
18,466 
338,432 
334,470 
8
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Trade creditors
62,870 
15,310 
9
Average number of employees
During the year the average number of employees was 6 (2021: 6).
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