REGISTERED NUMBER: 13973857 (England and Wales) |
UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD 14 MARCH 2022 TO 31 MARCH 2023 |
FOR |
OAST & RYE LIMITED |
REGISTERED NUMBER: 13973857 (England and Wales) |
UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD 14 MARCH 2022 TO 31 MARCH 2023 |
FOR |
OAST & RYE LIMITED |
OAST & RYE LIMITED (REGISTERED NUMBER: 13973857) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 14 MARCH 2022 TO 31 MARCH 2023 |
Page |
Balance Sheet | 1 |
Chartered Accountants' Report | 3 |
OAST & RYE LIMITED (REGISTERED NUMBER: 13973857) |
BALANCE SHEET |
31 MARCH 2023 |
£ | £ |
FIXED ASSETS |
CURRENT ASSETS |
CREDITORS |
Amounts falling due within one year | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
NOTES TO THE FINANCIAL STATEMENTS |
1. | STATUTORY INFORMATION |
Oast & Rye Limited is a |
Registered number: |
Registered office: |
The company was incorporated on 14 March 2022 and started trading with effect from 1 April 2022. |
2. | AVERAGE NUMBER OF EMPLOYEES |
The average number of employees during the period was |
3. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
At that commencement of trade, the company purchased stock and assets from Mrs P Mackinnon, a director, totalling £16,000 which was credited to her loan account. In addition to that, during the period, Mrs Mackinnon lent the company a total of a further £9,856 and a total of £19,878 was repaid, leaving monies owing to Mrs Mackinnon at the year end of £5,978. This loan is interest free and repayable on demand. |
4. | OTHER FINANCIAL COMMITMENTS |
As at the year end, the company had commitments under operating leases expiring under 1 year of £5,102. |
OAST & RYE LIMITED (REGISTERED NUMBER: 13973857) |
BALANCE SHEET - continued |
31 MARCH 2023 |
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
The financial statements were approved by the Board of Directors and authorised for issue on |
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS |
ON THE UNAUDITED FINANCIAL STATEMENTS OF |
OAST & RYE LIMITED |
The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement is not required to be filed with the Registrar of Companies. |
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Oast & Rye Limited for the period ended 31 March 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us. |
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance. |
This report is made solely to the Board of Directors of Oast & Rye Limited, as a body, in accordance with the terms of our engagement letter dated 13 October 2023. Our work has been undertaken solely to prepare for your approval the financial statements of Oast & Rye Limited and state those matters that we have agreed to state to the Board of Directors of Oast & Rye Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Oast & Rye Limited and its Board of Directors, as a body, for our work or for this report. |
It is your duty to ensure that Oast & Rye Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Oast & Rye Limited. You consider that Oast & Rye Limited is exempt from the statutory audit requirement for the period. |
We have not been instructed to carry out an audit or a review of the financial statements of Oast & Rye Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
Perspective Accounting Limited |
Unit B2, Birdineye Farm |
Birdineye Hill |
Uckfield |
East Sussex |
TN22 5HA |