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REGISTERED NUMBER: 12467442 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Ocri Ltd

Ocri Ltd (Registered number: 12467442)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Ocri Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTORS: O J Rumley
C W Rumley





REGISTERED OFFICE: 7 Soundwell Road
Staple Hill
Bristol
United Kingdom
BS16 4QG





REGISTERED NUMBER: 12467442 (England and Wales)





ACCOUNTANTS: Norton Accountancy Ltd
7 Soundwell Road
Staple Hill
Bristol
BS16 4QG

Ocri Ltd (Registered number: 12467442)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 220,486 200,648

CURRENT ASSETS
Debtors 5 - 236
Cash at bank 8,938 9,025
8,938 9,261
CREDITORS
Amounts falling due within one year 6 202,782 202,447
NET CURRENT LIABILITIES (193,844 ) (193,186 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

26,642

7,462

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 7 31,153 11,153
Retained earnings 7 (4,611 ) (3,791 )
26,642 7,462

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 August 2024 and were signed on its behalf by:





C W Rumley - Director


Ocri Ltd (Registered number: 12467442)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Ocri Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

Ocri Ltd (Registered number: 12467442)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Long and
leasehold fittings Totals
£    £    £   
COST OR VALUATION
At 1 April 2023 200,000 1,536 201,536
Revaluations 20,000 - 20,000
At 31 March 2024 220,000 1,536 221,536
DEPRECIATION
At 1 April 2023 - 888 888
Charge for year - 162 162
At 31 March 2024 - 1,050 1,050
NET BOOK VALUE
At 31 March 2024 220,000 486 220,486
At 31 March 2023 200,000 648 200,648

Cost or valuation at 31 March 2024 is represented by:

Fixtures
Long and
leasehold fittings Totals
£    £    £   
Valuation in 2023 11,153 - 11,153
Valuation in 2024 20,000 - 20,000
Cost 188,847 1,536 190,383
220,000 1,536 221,536

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors - 236

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 135,967 135,967
Directors' current accounts 66,102 65,790
Accruals and deferred income 713 690
202,782 202,447

Ocri Ltd (Registered number: 12467442)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

7. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 April 2023 (3,791 ) 11,153 7,362
Deficit for the year (820 ) (820 )
Long leasehold revaluation - 20,000 20,000
At 31 March 2024 (4,611 ) 31,153 26,542