Olivin Online Limited 12777081 Wholesale of wine, beer, spirits and other alcoholic beverages false 1 August 2022 12777081 2022-08-01 2023-07-31 12777081 2022-07-31 12777081 2023-07-31 12777081 2021-08-01 2022-07-31 12777081 2021-07-31 12777081 2022-07-31 12777081 frs102-bus:FRS102 2022-08-01 2023-07-31 12777081 frs102-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 12777081 frs102-bus:FullAccounts 2022-08-01 2023-07-31 12777081 frs102-bus:AuditExemptWithAccountantsReport 2022-08-01 2023-07-31 12777081 frs102-bus:LeadAgentIfApplicable 2022-08-01 2023-07-31 12777081 frs102-core:CurrentFinancialInstruments 2023-07-31 12777081 frs102-core:CurrentFinancialInstruments 2022-07-31 12777081 frs102-core:ShareCapital 2023-07-31 12777081 frs102-core:ShareCapital 2022-07-31 12777081 frs102-core:RetainedEarningsAccumulatedLosses 2023-07-31 12777081 frs102-core:RetainedEarningsAccumulatedLosses 2022-07-31 12777081 frs102-bus:Director1 2022-08-01 2023-07-31 12777081 frs102-core:ComputerEquipment 2022-08-01 2023-07-31 12777081 frs102-core:ComputerEquipment 2022-07-31 12777081 frs102-core:ComputerEquipment 2023-07-31 12777081 frs102-core:ComputerEquipment 2022-07-31 12777081 frs102-bus:OrdinaryShareClass1 2023-07-31 12777081 frs102-bus:OrdinaryShareClass1 2022-07-31 12777081 frs102-bus:OrdinaryShareClass1 2022-08-01 2023-07-31 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares
Registered number
12777081
Olivin Online Limited
Unaudited Accounts
for the year ended
31 July 2023

Olivin Online Limited
Accountant's Report

Report to the directors on the preparation of the unaudited statutory accounts of Olivin Online Limited for the year ended 31 July 2023.

In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Olivin Online Limited for the year ended 31 July 2023 from the company's accounting records and from information and explanations you have given me. As a practising member of the AAT, I am subject to its ethical and other professional requirements which are detailed at www.aat.org



................................

5Arches Accounting Ltd
Accountants

38 New Road,
Bolter End,
High Wycombe,
Bucks,
HP14 3NA

1 March 2024


Olivin Online Limited
Balance Sheet
as at 31 July 2023
Notes
2023
£
2022
£
Fixed assets
Tangible assets 3 131 197
131 197
Current assets
Stocks 3,000 0
Cash at bank and in hand 8,075 5,096
11,075 5,096
Creditors: amounts falling due within one year (7,704) (3,575)
Net current assets / (liabilities) 3,371 1,521
Total assets less current liabilities 3,502 1,718
Provisions for liabilities (0) (0)
Accruals and deferred income (3,245) (1,696)
Total net assets (liabilities) 257 22
Capital and reserves
Called up share capital 4 2 2
Profit and loss account 255 20
Shareholders' funds 257 22

Olivin Online Limited
Balance Sheet
as at 31 July 2023



These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 31 July 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Signed on behalf of the board of directors

...............................

Mr M Higgs

Director


Approved by the board on 2 March 2024

Company Number: 12777081 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

Red Lion Stockwell Lane
Hellidon
Daventry
Northamptonshire
NN11 6LG
United Kingdom

Olivin Online Limited
Notes to the Accounts
for the year ended 31 July 2023

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
Tangible fixed assets depreciation policy
Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.
Computer equipment 20% Straight Line
2. Employees
2023 2022
Average number of employees during the period 1 1

3. Tangible fixed assets
Computer equipment Total
Cost or valuation £ £
At 1 August 2022 329 329
At 31 July 2023 329 329
Depreciation
At 1 August 2022 132 132
Charge for the period 66 66
At 31 July 2023 198 198
Net book value
At 31 July 2023 131 131
At 31 July 2022 197 197

4. Share capital
2023 2022
£ £
Allotted, called up and fully paid:
2 (2022: 2) Ordinary shares of £1.00 each 2 2
2 2