Company Registration No. 11607444 (England and Wales)
THE OFFY WHITSTABLE LTD
Unaudited accounts
for the year ended 31 October 2023
THE OFFY WHITSTABLE LTD
Unaudited accounts
Contents
THE OFFY WHITSTABLE LTD
Company Information
for the year ended 31 October 2023
Company Number
11607444 (England and Wales)
Registered Office
5 HIGH STREET
WHITSTABLE
CT5 1AP
UNITED KINGDOM
Accountants
Meades Accounting Limited
Mill Lane House
Mill Lane
Margate
CT9 1LB
THE OFFY WHITSTABLE LTD
Statement of financial position
as at 31 October 2023
Intangible assets
-
20,000
Tangible assets
3,935
5,267
Cash at bank and in hand
13,455
8,774
Creditors: amounts falling due within one year
(201,405)
(205,802)
Net current liabilities
(98,058)
(137,693)
Total assets less current liabilities
(94,123)
(112,426)
Creditors: amounts falling due after more than one year
(35,000)
-
Provisions for liabilities
Other provisions
(657)
(657)
Net liabilities
(129,780)
(113,083)
Called up share capital
4
4
Profit and loss account
(129,784)
(113,087)
Shareholders' funds
(129,780)
(113,083)
For the year ending 31 October 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 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 30 July 2024 and were signed on its behalf by
J Wood
Director
Company Registration No. 11607444
THE OFFY WHITSTABLE LTD
Notes to the Accounts
for the year ended 31 October 2023
THE OFFY WHITSTABLE LTD is a private company, limited by shares, registered in England and Wales, registration number 11607444. The registered office is 5 HIGH STREET, WHITSTABLE, CT5 1AP, UNITED KINGDOM.
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.
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
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
At 1 November 2022
100,000
At 31 October 2023
100,000
Charge for the year
20,000
At 31 October 2023
100,000
THE OFFY WHITSTABLE LTD
Notes to the Accounts
for the year ended 31 October 2023
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2022
6,573
6,395
1,424
14,392
At 31 October 2023
6,573
6,395
1,424
14,392
At 1 November 2022
3,861
4,441
823
9,125
Charge for the year
693
489
150
1,332
At 31 October 2023
4,554
4,930
973
10,457
At 31 October 2023
2,019
1,465
451
3,935
At 31 October 2022
2,712
1,954
601
5,267
Amounts falling due within one year
Accrued income and prepayments
854
-
7
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
1,787
-
Other creditors
1,519
205,802
Loans from directors
161,848
-
8
Creditors: amounts falling due after more than one year
2023
2022
9
Average number of employees
During the year the average number of employees was 7 (2022: 4).