Company Registration No. 12485384 (England and Wales)
Ol & Edward Ltd
Unaudited accounts
for the year ended 28 February 2023
Ol & Edward Ltd
Unaudited accounts
Contents
Ol & Edward Ltd
Company Information
for the year ended 28 February 2023
Company Number
12485384 (England and Wales)
Registered Office
142 CROMWELL ROAD
LONDON
SW7 4EF
ENGLAND
Ol & Edward Ltd
Statement of financial position
as at 28 February 2023
Tangible assets
7,296
8,898
Cash at bank and in hand
2,059
11,467
Creditors: amounts falling due within one year
(14,165)
(23,576)
Net current (liabilities)/assets
(13,950)
9,844
Total assets less current liabilities
(6,654)
18,742
Creditors: amounts falling due after more than one year
(44,027)
(46,728)
Net liabilities
(50,681)
(27,986)
Called up share capital
100
100
Profit and loss account
(50,781)
(28,086)
Shareholders' funds
(50,681)
(27,986)
For the year ending 28 February 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 director acknowledges her 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 27 November 2023 and were signed on its behalf by
OLGA MUKSINOVA
Director
Company Registration No. 12485384
Ol & Edward Ltd
Notes to the Accounts
for the year ended 28 February 2023
Ol & Edward Ltd is a private company, limited by shares, registered in England and Wales, registration number 12485384. The registered office is 142 CROMWELL ROAD, LONDON, SW7 4EF, 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.
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:
Motor vehicles
@ 18% on Reducing Balance
4
Tangible fixed assets
Motor vehicles
At 28 February 2023
12,124
Ol & Edward Ltd
Notes to the Accounts
for the year ended 28 February 2023
Amounts falling due within one year
Accrued income and prepayments
(2,945)
-
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
298
1,685
Other creditors
14,000
14,000
Loans from directors
(2,048)
240
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).