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Registered number
08009934
Owi Associates Limited
Unaudited Accounts
for the year ended
30 April 2023

Owi Associates Limited
Accountant's Report

Report to the directors on the preparation of the unaudited statutory accounts of Owi Associates Limited for the year ended 30 April 2023.



................................

DKP Accountants Ltd
Accountants

Rattenclough Cottage,
Burnley Road , Cliviger,
Todmorden,
LANCASHIRE,
OL14 8QT

24 October 2023


Owi Associates Limited
Balance Sheet
as at 30 April 2023
Notes
2023
£
2022
£
Fixed assets
Tangible assets 3 44,798 44,488
44,798 44,488
Current assets
Debtors 27,344 56,780
Investments 35,180 0
Cash at bank and in hand 18,870 28,043
81,394 84,823
Creditors: amounts falling due within one year 4 (44,737) (55,098)
Net current assets / (liabilities) 36,657 29,725
Total assets less current liabilities 81,455 74,213
Provisions for liabilities (0) (0)
Total net assets (liabilities) 81,455 74,213
Capital and reserves
Called up share capital 3 3
Profit and loss account 81,452 74,210
Shareholders' funds 81,455 74,213

Owi Associates Limited
Balance Sheet
as at 30 April 2023



These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 30 April 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.

Signed on behalf of the board of directors

...............................

Mr D Isherwood

Director


Approved by the board on 17 November 2023

Company Number: 08009934 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

2 Avondale Avenue
Burnley
BB12 8AB

Owi Associates Limited
Notes to the Accounts
for the year ended 30 April 2023

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
Tangible fixed assets depreciation policy
Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.
Computer equipment 20% Reducing Balance
2. Employees
2023 2022
Average number of employees during the period 2 2

3. Tangible fixed assets
Computer equipment Total
Cost or valuation £ £
At 1 May 2022 84,792 84,792
Additions 11,509 11,509
At 30 April 2023 96,301 96,301
Depreciation
At 1 May 2022 40,304 40,304
Charge for the period 11,199 11,199
At 30 April 2023 51,503 51,503
Net book value
At 30 April 2023 44,798 44,798
At 30 April 2022 44,488 44,488

4. Creditors: amounts falling due within one year
2023 2022
£ £
Trade creditors 9,374 26,065
Taxation & social security 4,326 5,855
Other creditors 31,037 23,178
44,737 55,098

Other Creditors relates to the Balance on the Directors Loan Account.