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REGISTERED NUMBER: 13725827 (England and Wales)















Financial Statements for the Period 1 August 2022 to 31 May 2023

for

OR Bold Street Limited

OR Bold Street Limited (Registered number: 13725827)






Contents of the Financial Statements
for the Period 1 August 2022 to 31 May 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


OR Bold Street Limited

Company Information
for the Period 1 August 2022 to 31 May 2023







DIRECTOR: M J Girling





REGISTERED OFFICE: 116 Duke Street
Liverpool
Merseyside
L1 5JW





REGISTERED NUMBER: 13725827 (England and Wales)





ACCOUNTANTS: Cobham Murphy
116 Duke Street
Liverpool
Merseyside
L1 5JW

OR Bold Street Limited (Registered number: 13725827)

Balance Sheet
31 May 2023

31.5.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 303,086 -

CURRENT ASSETS
Stocks 5,725 -
Debtors 5 1,000 100
Cash at bank and in hand 41,878 -
48,603 100
CREDITORS
Amounts falling due within one year 6 471,893 -
NET CURRENT (LIABILITIES)/ASSETS (423,290 ) 100
TOTAL ASSETS LESS CURRENT
LIABILITIES

(120,204

)

100

CREDITORS
Amounts falling due after more than one
year

7

24,244

-
NET (LIABILITIES)/ASSETS (144,448 ) 100

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (144,548 ) -
(144,448 ) 100

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 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.

OR Bold Street Limited (Registered number: 13725827)

Balance Sheet - continued
31 May 2023


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 7 March 2024 and were signed by:





M J Girling - Director


OR Bold Street Limited (Registered number: 13725827)

Notes to the Financial Statements
for the Period 1 August 2022 to 31 May 2023

1. STATUTORY INFORMATION

OR Bold Street 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

The financial statements for the period ended 31st May 2023 represent an accounting period of 10 months and as a result the comparative amounts presented in the financial statements are not entirely comparable. The year end has been shortened to bring the accounting period into line with the company's parent undertaking.

Despite the company making a loss for the year and the net current liabilities position at the year end the financial statements have been prepared on a going concern basis as the company has the continued support of its director and fellow group undertakings.

Significant judgements and estimates
There are no judgements (apart from those involving estimates) that have had a significant effect on amounts recognised in the financial statements.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on cost and 10% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
Other loans are initially measured at the present value of future payments, discounted at a market rate of interest, and subsequently at amortised cost using the effective interest method.

Directors loans and intercompany loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit and loss.


OR Bold Street Limited (Registered number: 13725827)

Notes to the Financial Statements - continued
for the Period 1 August 2022 to 31 May 2023

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 period was 8 (2022 - NIL ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 348,366
At 31 May 2023 348,366
DEPRECIATION
Charge for period 45,280
At 31 May 2023 45,280
NET BOOK VALUE
At 31 May 2023 303,086

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.7.22
£    £   
Amounts owed by group undertakings 1,000 100

OR Bold Street Limited (Registered number: 13725827)

Notes to the Financial Statements - continued
for the Period 1 August 2022 to 31 May 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.7.22
£    £   
Hire purchase contracts 17,982 -
Trade creditors 36,406 -
Taxation and social security 17,741 -
Other creditors 399,764 -
471,893 -

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.23 31.7.22
£    £   
Hire purchase contracts 24,244 -

8. SECURED DEBTS

The following secured debts are included within creditors:

31.5.23 31.7.22
£    £   
Hire purchase contracts 42,226 -

9. RELATED PARTY DISCLOSURES

M J Girling is also a director of OR Walks Holdings Limited. Included in debtors as at 31st May 2023 is £1,000 (2022 £100) owing to OR Walks Holdings Limited.

This loan is interest free and repayable on demand.