Company Registration No. 12160122 (England and Wales)
Olimints UK Ltd
Unaudited accounts
for the year ended 31 August 2023
Olimints UK Ltd
Unaudited accounts
Contents
Olimints UK Ltd
Company Information
for the year ended 31 August 2023
Company Number
12160122 (England and Wales)
Registered Office
11 Gipping View Road
Ipswich
Suffolk
IP8 3FL
United Kingdom
Accountants
Fortune UK Accountants Ltd
4a Nelson Road
London
GB
SE10 9JB
Olimints UK Ltd
Statement of financial position
as at 31 August 2023
Tangible assets
8,904
11,253
Cash at bank and in hand
91,134
38,645
Creditors: amounts falling due within one year
(71,298)
(17,914)
Net current assets
19,836
20,731
Total assets less current liabilities
28,740
31,984
Provisions for liabilities
Called up share capital
1
1
Profit and loss account
28,565
31,809
Shareholders' funds
28,566
31,810
For the year ending 31 August 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 February 2024 and were signed on its behalf by
Lei Wang
Director
Company Registration No. 12160122
Olimints UK Ltd
Notes to the Accounts
for the year ended 31 August 2023
Olimints UK Ltd is a private company, limited by shares, registered in England and Wales, registration number 12160122. The registered office is 11 Gipping View Road, Ipswich, Suffolk, IP8 3FL, United Kingdom.
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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2022
6,380
11,995
1,585
19,960
At 31 August 2023
6,380
11,995
1,585
19,960
At 1 September 2022
1,970
6,485
252
8,707
Charge for the year
1,323
826
200
2,349
At 31 August 2023
3,293
7,311
452
11,056
At 31 August 2023
3,087
4,684
1,133
8,904
At 31 August 2022
4,410
5,510
1,333
11,253
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
1,661
13,113
Loans from directors
846
358
Olimints UK Ltd
Notes to the Accounts
for the year ended 31 August 2023
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).