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Company Registration No. 11674534 (England and Wales)
O&A Design London Ltd Unaudited accounts for the year ended 30 November 2023
O&A Design London Ltd Unaudited accounts Contents
Page
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O&A Design London Ltd Company Information for the year ended 30 November 2023
Director
Ms Anna Borisovna Agapova
Company Number
11674534 (England and Wales)
Registered Office
UNIT 14,CHELSEA WHARF,15 LOTS ROAD,LONDO LOTS ROAD LONDON SW10 0QJ ENGLAND
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O&A Design London Ltd Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Inventories
115,070 
132,414 
Debtors
97,154 
68,901 
Cash at bank and in hand
10,962 
29,046 
223,186 
230,361 
Creditors: amounts falling due within one year
(349,603)
(275,359)
Net current liabilities
(126,417)
(44,998)
Net liabilities
(126,417)
(44,998)
Capital and reserves
Called up share capital
100 
100 
Share premium
355,640 
355,640 
Profit and loss account
(482,157)
(400,738)
Shareholders' funds
(126,417)
(44,998)
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 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 12 August 2024 and were signed on its behalf by
Ms Anna Borisovna Agapova Director Company Registration No. 11674534
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O&A Design London Ltd Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
O&A Design London Ltd is a private company, limited by shares, registered in England and Wales, registration number 11674534. The registered office is UNIT 14,CHELSEA WHARF,15 LOTS ROAD,LONDO, LOTS ROAD, LONDON, SW10 0QJ, 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.
Going concern
The company is being supported in the form of investments from the shareholders to cover the costs. This support will continue for the foreseeable future and therefore the directors believe the company to be going concern.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
4
Inventories
2023 
2022 
£ 
£ 
Finished goods
115,070 
132,414 
115,070 
132,414 
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
16,164 
2,705 
Trade debtors
- 
4,104 
Accrued income and prepayments
1,042 
1,042 
Other debtors
79,948 
61,050 
97,154 
68,901 
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O&A Design London Ltd Notes to the Accounts for the year ended 30 November 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
48,891 
22,033 
Amounts owed to group undertakings and other participating interests
298,515 
171,751 
Other creditors
1,697 
75,692 
Accruals
500 
5,883 
349,603 
275,359 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
760 X shares of £0.10 each
76 
76 
240 Y Shares of £0.10 each
24 
24 
100 
100 
8
Transactions with related parties
O&A Design Limited, a company incorporated in the UK with registration number 10664141 and holder of 76% of the issued share capital, is both the immediate and ultimate parent company. Throughout the year, it provided a loan of £126,764 to the company to cover operating expenses. As of November 30, 2023, the outstanding balance owed to the parent company, which is unsecured interest-free and repayable on demand, totals £298,515.
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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