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Company Registration No. 10786890 (England and Wales)
OLIVE TREE (KIRKLEES) LTD Unaudited accounts for the year ended 31 May 2023
OLIVE TREE (KIRKLEES) LTD Unaudited accounts Contents
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OLIVE TREE (KIRKLEES) LTD Company Information for the year ended 31 May 2023
Director
Mohammed Shafiq Hussain
Company Number
10786890 (England and Wales)
Registered Office
23A BROAD LANE HUDDERSFIELD HD5 9BX ENGLAND
Accountants
HD Accountancy Services 23A, Broad Lane Moldgreen Huddersfield West Yorkshire HD5 9BX
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OLIVE TREE (KIRKLEES) LTD Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
15,649 
19,214 
Current assets
Debtors
85,443 
87,653 
Cash at bank and in hand
3,995 
3,092 
89,438 
90,745 
Creditors: amounts falling due within one year
(25,801)
(22,812)
Net current assets
63,637 
67,933 
Total assets less current liabilities
79,286 
87,147 
Creditors: amounts falling due after more than one year
(40,827)
(47,700)
Net assets
38,459 
39,447 
Capital and reserves
Share premium
1 
1 
Profit and loss account
38,458 
39,446 
Shareholders' funds
38,459 
39,447 
For the year ending 31 May 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 his 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 2 April 2024 and were signed on its behalf by
Mohammed Shafiq Hussain Director Company Registration No. 10786890
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OLIVE TREE (KIRKLEES) LTD Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
OLIVE TREE (KIRKLEES) LTD is a private company, limited by shares, registered in England and Wales, registration number 10786890. The registered office is 23A BROAD LANE, HUDDERSFIELD, HD5 9BX, ENGLAND.
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:
Plant & machinery
20%
Motor vehicles
20%
Fixtures & fittings
20%
Computer equipment
20%
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 June 2022
12,300 
21,730 
3,671 
37,701 
Additions
- 
- 
348 
348 
At 31 May 2023
12,300 
21,730 
4,019 
38,049 
Depreciation
At 1 June 2022
6,092 
10,604 
1,791 
18,487 
Charge for the year
1,242 
2,225 
446 
3,913 
At 31 May 2023
7,334 
12,829 
2,237 
22,400 
Net book value
At 31 May 2023
4,966 
8,901 
1,782 
15,649 
At 31 May 2022
6,208 
11,126 
1,880 
19,214 
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OLIVE TREE (KIRKLEES) LTD Notes to the Accounts for the year ended 31 May 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
85,443 
87,653 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
25,801 
21,112 
Accruals
- 
1,700 
25,801 
22,812 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
40,827 
47,700 
8
Average number of employees
During the year the average number of employees was 18 (2022: 17).
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