Company Registration No. 11373011 (England and Wales)
Olive And Apple Limited
Unaudited accounts
for the year ended 31 May 2024
Olive And Apple Limited
Unaudited accounts
Contents
Olive And Apple Limited
Company Information
for the year ended 31 May 2024
Company Number
11373011 (England and Wales)
Registered Office
35 Chestnut Avenue
Belper
DE56 1LY
Accountants
RLTP Accountants
Suite 8, Riverside Business Centre
Foundry Lane
Milford, Belper
Derbyshire
DE56 0RN
Olive And Apple Limited
Statement of financial position
as at 31 May 2024
Tangible assets
8,840
11,982
Cash at bank and in hand
4,074
4,624
Creditors: amounts falling due within one year
(15,156)
(14,823)
Net current liabilities
(3,231)
(3,469)
Called up share capital
20
20
Profit and loss account
5,589
8,493
Shareholders' funds
5,609
8,513
For the year ending 31 May 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 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 1 July 2024 and were signed on its behalf by
Mr Andrew Pakes
Director
Company Registration No. 11373011
Olive And Apple Limited
Notes to the Accounts
for the year ended 31 May 2024
Olive And Apple Limited is a private company, limited by shares, registered in England and Wales, registration number 11373011. The registered office is 35 Chestnut Avenue, Belper, DE56 1LY.
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:
Fixtures & fittings
25% RB
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2023
9,481
27,726
3,231
40,438
At 31 May 2024
10,480
27,726
3,231
41,437
At 1 June 2023
6,134
19,098
3,224
28,456
Charge for the year
1,978
2,157
6
4,141
At 31 May 2024
8,112
21,255
3,230
32,597
At 31 May 2024
2,368
6,471
1
8,840
At 31 May 2023
3,347
8,628
7
11,982
Amounts falling due within one year
Olive And Apple Limited
Notes to the Accounts
for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
197
155
Loans from directors
10,033
11,211
7
Average number of employees
During the year the average number of employees was 7 (2023: 7).