O & F TRADE LTD

Company Registration Number:
NI668060 (Northern Ireland)

Unaudited abridged accounts for the year ended 28 February 2023

Period of accounts

Start date: 01 March 2022

End date: 28 February 2023

O & F TRADE LTD

Contents of the Financial Statements

for the Period Ended 28 February 2023

Balance sheet
Notes

O & F TRADE LTD

Balance sheet

As at 28 February 2023


Notes

2023

2022


£

£
Fixed assets
Intangible assets: 3 42,500 45,000
Tangible assets: 4 50,027 54,866
Total fixed assets: 92,527 99,866
Current assets
Stocks: 1,500 1,500
Debtors:   1,555 854
Cash at bank and in hand: 3,148 1,610
Total current assets: 6,203 3,964
Creditors: amounts falling due within one year:   (98,171) (98,992)
Net current assets (liabilities): (91,968) (95,028)
Total assets less current liabilities: 559 4,838
Total net assets (liabilities): 559 4,838
Capital and reserves
Called up share capital: 102 102
Profit and loss account: 457 4,736
Shareholders funds: 559 4,838

The notes form part of these financial statements

O & F TRADE LTD

Balance sheet statements

For the year ending 28 February 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 15 May 2023
and signed on behalf of the board by:

Name: Onorio Fusco
Status: Director

The notes form part of these financial statements

O & F TRADE LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

O & F TRADE LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

2. Employees

2023 2022
Average number of employees during the period 3 3

O & F TRADE LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

3. Intangible Assets

Total
Cost £
At 01 March 2022 50,000
At 28 February 2023 50,000
Amortisation
At 01 March 2022 5,000
Charge for year 2,500
At 28 February 2023 7,500
Net book value
At 28 February 2023 42,500
At 28 February 2022 45,000

O & F TRADE LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

4. Tangible Assets

Total
Cost £
At 01 March 2022 67,055
Additions 2,074
At 28 February 2023 69,129
Depreciation
At 01 March 2022 12,189
Charge for year 6,913
At 28 February 2023 19,102
Net book value
At 28 February 2023 50,027
At 28 February 2022 54,866