Company Registration No. 13821568 (England and Wales)
OLADOC LIMITED
Unaudited accounts
for the year ended 31 December 2023
OLADOC LIMITED
Unaudited accounts
Contents
OLADOC LIMITED
Company Information
for the year ended 31 December 2023
Directors
Ahmed ADNAN
Nazia PEHLVI
Company Number
13821568 (England and Wales)
Registered Office
BEECH COTTAGE
STREAM ROAD
DUDLEY
DY6 9NW
ENGLAND
Accountants
Tax Accountant | Specialist Tax Consultancy
3 Brindley Place
Birmingham
West Midlands
B1 2JB
OLADOC LIMITED
Statement of financial position
as at 31 December 2023
Tangible assets
34,134
45,512
Cash at bank and in hand
55,330
33,413
Net current assets
55,330
33,413
Total assets less current liabilities
89,464
78,925
Creditors: amounts falling due after more than one year
(960)
(960)
Called up share capital
2
2
Profit and loss account
88,502
77,963
Shareholders' funds
88,504
77,965
For the year ending 31 December 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 directors acknowledge their 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 of Directors and authorised for issue on 26 July 2024 and were signed on its behalf by
Ahmed ADNAN
Director
Company Registration No. 13821568
OLADOC LIMITED
Notes to the Accounts
for the year ended 31 December 2023
OLADOC LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13821568. The registered office is BEECH COTTAGE, STREAM ROAD, DUDLEY, DY6 9NW, 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.
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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Motor vehicles
20% Reducing Balance
4
Tangible fixed assets
Motor vehicles
At 31 December 2023
56,890
Charge for the year
11,378
At 31 December 2023
22,756
At 31 December 2023
34,134
At 31 December 2022
45,512
OLADOC LIMITED
Notes to the Accounts
for the year ended 31 December 2023
5
Creditors: amounts falling due after more than one year
2023
2022
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).