1 April 2022 false No description of principal activity Taxfiler 2023.10 11743730business:PrivateLimitedCompanyLtd2022-04-012023-03-31 117437302022-03-31 117437302022-04-012023-03-31 11743730business:AuditExemptWithAccountantsReport2022-04-012023-03-31 11743730business:AbridgedAccounts2022-04-012023-03-31 117437302023-03-31 11743730business:Director12022-04-012023-03-31 11743730business:Director22022-04-012023-03-31 11743730business:RegisteredOffice2022-04-012023-03-31 117437302022-03-31 11743730core:WithinOneYear2023-03-31 11743730core:WithinOneYear2022-03-31 11743730core:AfterOneYear2023-03-31 11743730core:AfterOneYear2022-03-31 11743730core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 11743730core:ShareCapitalcore:PreviouslyStatedAmount2022-03-31 11743730core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 11743730core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-03-31 11743730core:PreviouslyStatedAmount2023-03-31 11743730core:PreviouslyStatedAmount2022-03-31 11743730business:SmallEntities2022-04-012023-03-31 11743730countries:EnglandWales2022-04-012023-03-31 11743730core:PlantMachinery2022-04-012023-03-31 117437302021-04-012022-03-31 iso4217:GBP xbrli:pure
Company Registration No. 11743730 (England and Wales)
Otters On The Quay Limited Unaudited accounts for the year ended 31 March 2023
Otters On The Quay Limited Unaudited accounts Contents
Page
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Otters On The Quay Limited Company Information for the year ended 31 March 2023
Directors
Wendy Barter Lorna Merritt
Company Number
11743730 (England and Wales)
Registered Office
9 OTTERS THE QUAY BIDEFORD DEVON EX39 2HW ENGLAND
Accountants
On the Books Ltd 9 SOUTH PARK Woolsery Devon EX39 5QE
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Otters On The Quay Limited Accountants' report
Accountants' report to the board of directors of Otters On The Quay Limited (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 March 2023.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the year ended 31 March 2023. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
On the Books Ltd 9 SOUTH PARK Woolsery Devon EX39 5QE 21 December 2023
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Otters On The Quay Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
528 
1,056 
Tangible assets
13,034 
14,870 
13,562 
15,926 
Current assets
Inventories
1,000 
1,000 
Debtors
7,000 
7,000 
Cash at bank and in hand
1,217 
21,584 
9,217 
29,584 
Creditors: amounts falling due within one year
(24,574)
(17,743)
Net current (liabilities)/assets
(15,357)
11,841 
Total assets less current liabilities
(1,795)
27,767 
Creditors: amounts falling due after more than one year
(14,833)
(17,566)
Provisions for liabilities
Deferred tax
(2,576)
(2,404)
Other provisions
(319)
(319)
(2,895)
(2,723)
Net (liabilities)/assets
(19,523)
7,478 
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Otters On The Quay Limited Statement of financial position as at 31 March 2023 (continued)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(19,525)
7,476 
Shareholders' funds
(19,523)
7,478 
For the year ending 31 March 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 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 the year in accordance with Section 444(2A).
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 of Directors and authorised for issue on 21 December 2023 and were signed on its behalf by
Wendy Barter Director Company Registration No. 11743730
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Otters On The Quay Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Otters On The Quay Limited is a private company, limited by shares, registered in England and Wales, registration number 11743730. The registered office is 9 OTTERS, THE QUAY, BIDEFORD, DEVON, EX39 2HW, 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.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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
20% Straight Line
4
Intangible fixed assets
Total 
£ 
Cost
At 1 April 2022
2,640 
At 31 March 2023
2,640 
Amortisation
At 1 April 2022
1,584 
Charge for the year
528 
At 31 March 2023
2,112 
Net book value
At 31 March 2023
528 
At 31 March 2022
1,056 
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Otters On The Quay Limited Notes to the Accounts for the year ended 31 March 2023
5
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 April 2022
23,461 
Additions
3,571 
At 31 March 2023
27,032 
Depreciation
At 1 April 2022
8,591 
Charge for the year
5,407 
At 31 March 2023
13,998 
Net book value
At 31 March 2023
13,034 
At 31 March 2022
14,870 
6
Average number of employees
During the year the average number of employees was 5 (2022: 5).
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