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REGISTERED NUMBER: 12545863 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2023

FOR

OVOFIX LTD

OVOFIX LTD (REGISTERED NUMBER: 12545863)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 APRIL 2023




Page

Company information 1

Balance sheet 2

Notes to the financial statements 4


OVOFIX LTD

COMPANY INFORMATION
for the Year Ended 30 APRIL 2023







Director: Mr E K Amoah





Registered office: 2 Commonwealth Studios
Commonwealth Building
Woolwich Church Street
Woolwich
London
SE18 5NS





Registered number: 12545863 (England and Wales)





Accountants: Ashna Ltd
40 Lewis Road
Welling
Kent
DA16 1SD

OVOFIX LTD (REGISTERED NUMBER: 12545863)

BALANCE SHEET
30 APRIL 2023

30.4.23 30.4.22
Notes £    £    £    £   
Fixed assets
Intangible assets 4 7,000 8,000
Tangible assets 5 1,839 609
8,839 8,609

Current assets
Prepayments and accrued income 9,120 -
Cash at bank 1,306 100
10,426 100
Creditors
Amounts falling due within one year 6 7,661 23,411
Net current assets/(liabilities) 2,765 (23,311 )
Total assets less current liabilities 11,604 (14,702 )

Creditors
Amounts falling due after more than one year 7 24,043 -
Net liabilities (12,439 ) (14,702 )

Capital and reserves
Called up share capital 8 1 1
Retained earnings 9 (12,440 ) (14,703 )
Shareholders' funds (12,439 ) (14,702 )

OVOFIX LTD (REGISTERED NUMBER: 12545863)

BALANCE SHEET - continued
30 APRIL 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 March 2024 and were signed by:





Mr E K Amoah - Director


OVOFIX LTD (REGISTERED NUMBER: 12545863)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 APRIL 2023

1. Statutory information

Ovofix Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. Accounting policies

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2020, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extenrecognizedrelates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. Employees and directors

The average number of employees during the year was 1 (2022 - 1 ) .

OVOFIX LTD (REGISTERED NUMBER: 12545863)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 APRIL 2023

4. Intangible fixed assets
Goodwill
£   
Cost
At 1 May 2022
and 30 April 2023 10,000
Amortisation
At 1 May 2022 2,000
Amortisation for year 1,000
At 30 April 2023 3,000
Net book value
At 30 April 2023 7,000
At 30 April 2022 8,000

5. Tangible fixed assets
Fixture,
Fitting &
Equipment
£   
Cost
At 1 May 2022 990
Additions 1,843
At 30 April 2023 2,833
Depreciation
At 1 May 2022 381
Charge for year 613
At 30 April 2023 994
Net book value
At 30 April 2023 1,839
At 30 April 2022 609

6. Creditors: amounts falling due within one year
30.4.23 30.4.22
£    £   
Tax 1 -
Other Creditors & Accruals 600 900
Directors' loan accounts 7,060 22,511
7,661 23,411

7. Creditors: amounts falling due after more than one year
30.4.23 30.4.22
£    £   
Personal Loan 24,043 -

OVOFIX LTD (REGISTERED NUMBER: 12545863)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 APRIL 2023

8. Called up share capital


Allotted, issued and fully paid:
Number: Class: Nominal 30.4.23 30.4.22
value: £    £   
1 Ordinary £1 1 1

9. Reserves
Retained
earnings
£   

At 1 May 2022 (14,703 )
Profit for the year 2,263
At 30 April 2023 (12,440 )