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Company Registration No. 12160122 (England and Wales)
Olimints UK Ltd Unaudited accounts for the year ended 31 August 2023
Olimints UK Ltd Unaudited accounts Contents
Page
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Olimints UK Ltd Company Information for the year ended 31 August 2023
Director
Lei Wang
Company Number
12160122 (England and Wales)
Registered Office
11 Gipping View Road Ipswich Suffolk IP8 3FL United Kingdom
Accountants
Fortune UK Accountants Ltd 4a Nelson Road London GB SE10 9JB
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Olimints UK Ltd Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
8,904 
11,253 
Current assets
Cash at bank and in hand
91,134 
38,645 
Creditors: amounts falling due within one year
(71,298)
(17,914)
Net current assets
19,836 
20,731 
Total assets less current liabilities
28,740 
31,984 
Provisions for liabilities
Deferred tax
(174)
(174)
Net assets
28,566 
31,810 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
28,565 
31,809 
Shareholders' funds
28,566 
31,810 
For the year ending 31 August 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 27 February 2024 and were signed on its behalf by
Lei Wang Director Company Registration No. 12160122
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Olimints UK Ltd Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
Olimints UK Ltd is a private company, limited by shares, registered in England and Wales, registration number 12160122. The registered office is 11 Gipping View Road, Ipswich, Suffolk, IP8 3FL, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 September 2022
6,380 
11,995 
1,585 
19,960 
At 31 August 2023
6,380 
11,995 
1,585 
19,960 
Depreciation
At 1 September 2022
1,970 
6,485 
252 
8,707 
Charge for the year
1,323 
826 
200 
2,349 
At 31 August 2023
3,293 
7,311 
452 
11,056 
Net book value
At 31 August 2023
3,087 
4,684 
1,133 
8,904 
At 31 August 2022
4,410 
5,510 
1,333 
11,253 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
13,146 
3,728 
Taxes and social security
1,661 
13,113 
Other creditors
54,000 
15 
Loans from directors
846 
358 
Accruals
1,645 
700 
71,298 
17,914 
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Olimints UK Ltd Notes to the Accounts for the year ended 31 August 2023
6
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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