Company Registration No. 12649900 (England and Wales)
Oliver Co London Ltd
Unaudited accounts
for the year ended 30 June 2023
Oliver Co London Ltd
Unaudited accounts
Contents
Oliver Co London Ltd
Company Information
for the year ended 30 June 2023
Director
Matthew William Oliver
Company Number
12649900 (England and Wales)
Registered Office
2 Stockwell Terrace
London
SW9 0QD
England
Accountants
Sidgrove
86-90 Paul Street
London
EC2A 4NE
Oliver Co London Ltd
Statement of financial position
as at 30 June 2023
Intangible assets
1,917
2,917
Cash at bank and in hand
17,362
7,734
Creditors: amounts falling due within one year
(50,961)
(35,066)
Net current assets
15,135
1,438
Total assets less current liabilities
17,348
4,504
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
17,192
4,376
Shareholders' funds
17,292
4,476
For the year ending 30 June 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 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 29 March 2024 and were signed on its behalf by
Matthew William Oliver
Director
Company Registration No. 12649900
Oliver Co London Ltd
Notes to the Accounts
for the year ended 30 June 2023
Oliver Co London Ltd is a private company, limited by shares, registered in England and Wales, registration number 12649900. The registered office is 2 Stockwell Terrace, London, SW9 0QD, England.
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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:
Plant & machinery
33.33% - Straight Line
Fixtures & fittings
33.33% - Straight Line
Computer equipment
33.33% - Straight Line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
The prior year comparatives have been updated to correct an error in the prior year filed accounts. The amendment (in the form of a dividend adjustment) has been made to the following account:
- Profit and loss account: £4,376 (previously: £6,376)
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Intangible fixed assets
Goodwill
Oliver Co London Ltd
Notes to the Accounts
for the year ended 30 June 2023
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 30 June 2023
491
122
613
Charge for the year
137
31
168
At 30 June 2023
286
31
317
At 30 June 2023
205
91
296
Amounts falling due within one year
Trade debtors
10,681
2,232
Accrued income and prepayments
1,172
1,172
7
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
3,900
820
Loans from directors
43,409
33,255
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Transactions with related parties
At the Balance Sheet date £43,409 (2022: £33,255) was owed to the Director in respect of expenses paid on behalf of the company and other amounts due from the company. The total balance is unsecured, interest free & repayable on demand.
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Average number of employees
During the year the average number of employees was 1 (2022: 1).