Company Registration No. 13441737 (England and Wales)
Overstone ABC Limited
Unaudited accounts
for the period from 1 July 2023 to 29 February 2024
Overstone ABC Limited
Unaudited accounts
Contents
Overstone ABC Limited
Company Information
for the period from 1 July 2023 to 29 February 2024
Director
Frederick John Wingfield Digby
Company Number
13441737 (England and Wales)
Registered Office
1 Lyric Square
London
W6 0NB
England
Accountants
ABR Chartered Accountants
2-4 Eastern Road
St Georges House
Romford
RM1 3PJ
Overstone ABC Limited
Statement of financial position
as at 29 February 2024
Cash at bank and in hand
-
(71)
Creditors: amounts falling due within one year
-
(838,962)
Net current assets
-
1,317
Called up share capital
2
2
Profit and loss account
(2)
1,315
Shareholders' funds
-
1,317
For the period ending 29 February 2024 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 his 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 11 March 2024 and were signed on its behalf by
Frederick John Wingfield Digby
Director
Company Registration No. 13441737
Overstone ABC Limited
Notes to the Accounts
for the period from 1 July 2023 to 29 February 2024
Overstone ABC Limited is a private company, limited by shares, registered in England and Wales, registration number 13441737. The registered office is 1 Lyric Square, London, W6 0NB, England. The company is in the process of being wound up.
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 period, 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.
Amounts falling due within one year
5
Creditors: amounts falling due within one year
2024
2023
Amounts owed to group undertakings and other participating interests
-
833,753
6
Transactions with related parties
Adsum Technologies Ltd is a related party as it is a parent company of Adsum Finance Ltd. As a result of parent company transactions, the total amount owed to Adsum Technologies Ltd is £Nil (2023: £870,769).
A1T1 Ltd is a related party due to the composition of the shareholders. As a result of intercompany transactions, the total amount owed from A1T1 Ltd is £Nil (2023: £37,017).
7
Average number of employees
During the period the average number of employees was 0 (2023: 0).