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REGISTERED NUMBER: 07373398 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2023

for

Oliver F Johnson Limited

Oliver F Johnson Limited (Registered number: 07373398)






Contents of the Financial Statements
for the Year Ended 31 August 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Oliver F Johnson Limited

Company Information
for the Year Ended 31 August 2023







DIRECTOR: Mr O F Johnson





REGISTERED OFFICE: C/o Clarke and Simpson
Well Close Square
Framlingham
Suffolk
IP13 9DU





REGISTERED NUMBER: 07373398 (England and Wales)





ACCOUNTANTS: Franklins
1 Pinnacle Way
Pride Park
Derby
Derbyshire
DE24 8ZS

Oliver F Johnson Limited (Registered number: 07373398)

Balance Sheet
31 August 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1,668 30,001
Investments 5 513,730 414,615
515,398 444,616

CURRENT ASSETS
Debtors 6 162,605 242,635
Cash at bank 310,403 336,322
473,008 578,957
CREDITORS
Amounts falling due within one year 7 127,318 302,904
NET CURRENT ASSETS 345,690 276,053
TOTAL ASSETS LESS CURRENT
LIABILITIES

861,088

720,669

CAPITAL AND RESERVES
Called up share capital 8 100 100
Revaluation reserve 9 5,605 6,490
Retained earnings 855,383 714,079
SHAREHOLDERS' FUNDS 861,088 720,669

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 28 March 2024 and were signed by:




Mr O F Johnson - Director


Oliver F Johnson Limited (Registered number: 07373398)

Notes to the Financial Statements
for the Year Ended 31 August 2023

1. STATUTORY INFORMATION

Oliver F Johnson Limited 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents the company's share of the profits of the partnership.

Goodwill
Purchased goodwill is amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives as follows:

Goodwill - 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 September 2022
and 31 August 2023 283,333
AMORTISATION
At 1 September 2022 253,332
Charge for year 28,333
At 31 August 2023 281,665
NET BOOK VALUE
At 31 August 2023 1,668
At 31 August 2022 30,001

Goodwill arose on the purchase of the company's share in the partnership.

Oliver F Johnson Limited (Registered number: 07373398)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 September 2022 414,615
Additions 100,000
Revaluations (885 )
At 31 August 2023 513,730
NET BOOK VALUE
At 31 August 2023 513,730
At 31 August 2022 414,615

Cost or valuation at 31 August 2023 is represented by:

Other
investments
£   
Valuation in 2023 513,730

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Due from Partnership interest 162,605 242,635

Other than as stated under directors loan account above, none of the above amounts related to amounts due from the director or shareholder of the company either directly or indirectly.

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Tax 17,892 47,446
Other creditors 10,000 115,889
Directors' current accounts 98,358 138,669
Accruals and deferred income 1,068 900
127,318 302,904

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

Oliver F Johnson Limited (Registered number: 07373398)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023

9. RESERVES
Revaluation
reserve
£   
At 1 September 2022 6,490
Revaluation (885 )

At 31 August 2023 5,605