Company Registration No. 7696705 (England and Wales)
Organised Business Mind Ltd
Unaudited accounts
for the year ended 30 June 2023
Organised Business Mind Ltd
Unaudited accounts
Contents
Organised Business Mind Ltd
Company Information
for the year ended 30 June 2023
Company Number
7696705 (England and Wales)
Registered Office
1 Patten Ash Drive
Wokingham
Berkshire
RG40 1SH
Accountants
Wellington Consulting Ltd
Fairview
St Owens Cross
Hereford
Herefordshire
HR2 8LG
Organised Business Mind Ltd
Statement of financial position
as at 30 June 2023
Creditors: amounts falling due within one year
(7,198)
(7,046)
Net current liabilities
(7,198)
(7,046)
Total assets less current liabilities
(7,198)
(7,046)
Creditors: amounts falling due after more than one year
(12,398)
(12,398)
Net liabilities
(19,596)
(19,444)
Called up share capital
100
100
Profit and loss account
(19,696)
(19,544)
Shareholders' funds
(19,596)
(19,444)
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 her 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 22 February 2024 and were signed on its behalf by
Nicola McGlynn
Director
Company Registration No. 7696705
Organised Business Mind Ltd
Notes to the Accounts
for the year ended 30 June 2023
Organised Business Mind Ltd is a private company, limited by shares, registered in England and Wales, registration number 7696705. The registered office is 1 Patten Ash Drive, Wokingham, Berkshire, RG40 1SH.
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 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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
The amounts outstanding are mostly due to the director or people associated with the director and there is no immediate expectation of these amounts being repaid. As long as this continues to be the case, there is no reason that the company should not continue.
4
Creditors: amounts falling due within one year
2023
2022
Loans from directors
7,198
6,247
The amounts outstanding are mainly due to the director or their family member with no set date for repayment.
5
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
12,398
12,398
Organised Business Mind Ltd
Notes to the Accounts
for the year ended 30 June 2023
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).