Caseware UK (AP4) 2022.0.179 2022.0.179 2023-07-312023-07-312022-08-011falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.No description of principal activity1falsetrue 09680306 2022-08-01 2023-07-31 09680306 2021-08-01 2022-07-31 09680306 2023-07-31 09680306 2022-07-31 09680306 c:Director1 2022-08-01 2023-07-31 09680306 d:CurrentFinancialInstruments 2023-07-31 09680306 d:CurrentFinancialInstruments 2022-07-31 09680306 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 09680306 d:CurrentFinancialInstruments d:WithinOneYear 2022-07-31 09680306 d:ShareCapital 2023-07-31 09680306 d:ShareCapital 2022-07-31 09680306 d:RetainedEarningsAccumulatedLosses 2023-07-31 09680306 d:RetainedEarningsAccumulatedLosses 2022-07-31 09680306 c:FRS102 2022-08-01 2023-07-31 09680306 c:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 09680306 c:FullAccounts 2022-08-01 2023-07-31 09680306 c:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 iso4217:GBP xbrli:pure

Registered number: 09680306









OLI SONES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JULY 2023

 
OLI SONES LIMITED
REGISTERED NUMBER: 09680306

BALANCE SHEET
AS AT 31 JULY 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
-
5,565

Cash at bank and in hand
  
7,414
22,426

  
7,414
27,991

Creditors: amounts falling due within one year
 5 
(40,406)
(44,263)

Net current liabilities
  
 
 
(32,992)
 
 
(16,272)

Total assets less current liabilities
  
(32,992)
(16,272)

  

Net liabilities
  
(32,992)
(16,272)


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
(32,993)
(16,273)

  
(32,992)
(16,272)


The Director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The Director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 23 April 2024.




O Sones
Director

The notes on pages 3 to 4 form part of these financial statements.
Page 1

 
OLI SONES LIMITED
REGISTERED NUMBER: 09680306
    
BALANCE SHEET (CONTINUED)
AS AT 31 JULY 2023


Page 2

 
OLI SONES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

1.


General information

Oli Sones Limited is a private company limited by shares, incorporated in the United Kingdom and registered in England & Wales. The address of the registered office is 20-22 Wenlock Road, London, England, N1 7GU.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

The company is showing net liabilities at the balance sheet date of £32,992. In order to continue trading it is dependent on a loan from O Sones, the director of the company, who has confirmed his intention to continue to support the company for the foreseeable future.
On this basis the director considers it appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments that would result in the withdrawal of the aforementioned support.

 
2.3

Revenue

Turnover comprises revenue recognised by the company in respect of management fees and services supplied during the year.

 
2.4

Debtors

Short term debtors are measured at transaction price, less any impairment.

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

 
2.6

Creditors

Short term creditors are measured at the transaction price.

 
2.7

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Page 3

 
OLI SONES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).


4.


Debtors

2023
2022
£
£


Trade debtors
-
1,140

Other debtors
-
4,425

-
5,565



5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other taxation and social security
1,416
2,026

Other creditors
37,990
21,237

Accruals and deferred income
1,000
21,000

40,406
44,263



6.


Controlling party

During the current and preceeding year, the company was under the control of O Sones by virtue of his shareholding.

 
Page 4