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Company Registration No. 13035462 (England and Wales)
Objective Ltd Unaudited accounts for the year ended 30 November 2023
Objective Ltd Unaudited accounts Contents
Page
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Objective Ltd Company Information for the year ended 30 November 2023
Director
Haroon Nawaz Kayani
Company Number
13035462 (England and Wales)
Registered Office
63-66 Hatton Garden Fifth Floor, Suite 23 London EC1N 8LE England
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Objective Ltd Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
(87,502)
774,843 
Current assets
Inventories
93,647 
44,540 
Debtors
560,573 
38,526 
Cash at bank and in hand
32,473 
1,896 
686,693 
84,962 
Creditors: amounts falling due within one year
(27,760)
(106,252)
Net current assets/(liabilities)
658,933 
(21,290)
Net assets
571,431 
753,553 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
571,430 
753,552 
Shareholders' funds
571,431 
753,553 
For the year ending 30 November 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 March 2024 and were signed on its behalf by
Haroon Nawaz Kayani Director Company Registration No. 13035462
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Objective Ltd Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
Objective Ltd is a private company, limited by shares, registered in England and Wales, registration number 13035462. The registered office is 63-66 Hatton Garden, Fifth Floor, Suite 23 , London, EC1N 8LE, 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
10
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 December 2022
968,553 
Disposals
(765,490)
At 30 November 2023
203,063 
Depreciation
At 1 December 2022
193,710 
Charge for the year
96,855 
At 30 November 2023
290,565 
Net book value
At 30 November 2023
(87,502)
At 30 November 2022
774,843 
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Objective Ltd Notes to the Accounts for the year ended 30 November 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
267,983 
38,526 
Other debtors
142,590 
- 
410,573 
38,526 
Amounts falling due after more than one year
Other debtors
150,000 
- 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
8,237 
8,069 
Trade creditors
13,159 
17,834 
Taxes and social security
4,037 
4,148 
Other creditors
- 
48,392 
Loans from directors
- 
19,245 
Accruals
2,327 
8,564 
27,760 
106,252 
7
Average number of employees
During the year the average number of employees was 4 (2022: 4).
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