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Company Registration No. 14048447 (England and Wales)
Olra Activewear Ltd Unaudited accounts for the year ended 30 April 2024
Olra Activewear Ltd Unaudited accounts Contents
Page
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Olra Activewear Ltd Company Information for the year ended 30 April 2024
Director
Charlotte Holstead
Company Number
14048447 (England and Wales)
Registered Office
7 BERKSHIRE ROAD SALISBURY SP2 8NY ENGLAND
Accountants
RLJB Business Consulting Limited 14 Winchester Road Andover Hampshire SP10 2EG
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Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Olra Activewear Ltd for the year ended 30 April 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Olra Activewear Ltd for the year ended 30 April 2024 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
This report is made solely to the Board of Directors of Olra Activewear Ltd, as a body, in accordance with the terms of our engagement letter dated 16 January 2022. Our work has been undertaken solely to prepare for your approval the accounts of Olra Activewear Ltd and state those matters that we have agreed to state to the Board of Directors of Olra Activewear Ltd, as a body, in this report in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Olra Activewear Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Olra Activewear Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Olra Activewear Ltd. You consider that Olra Activewear Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Olra Activewear Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
RLJB Business Consulting Limited Member in Practice 14 Winchester Road Andover Hampshire SP10 2EG 2 October 2023
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Olra Activewear Ltd Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Inventories
37,758 
26,884 
Debtors
4,377 
(511)
Cash at bank and in hand
15,477 
17,956 
57,612 
44,329 
Creditors: amounts falling due within one year
(23,592)
(14,702)
Net current assets
34,020 
29,627 
Net assets
34,020 
29,627 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
34,010 
29,617 
Shareholders' funds
34,020 
29,627 
For the year ending 30 April 2024 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 10 June 2024 and were signed on its behalf by
Charlotte Holstead Director Company Registration No. 14048447
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Olra Activewear Ltd Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
Olra Activewear Ltd is a private company, limited by shares, registered in England and Wales, registration number 14048447. The registered office is 7 BERKSHIRE ROAD, SALISBURY, SP2 8NY, 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.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
4,377 
- 
Other debtors
- 
(511)
4,377 
(511)
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
2,283 
- 
Trade creditors
8,631 
1,818 
Taxes and social security
4,317 
4,965 
Other creditors
8,354 
7,919 
Loans from directors
7 
- 
23,592 
14,702 
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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