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REGISTERED NUMBER: 14154410 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 7 JUNE 2022 TO 30 JUNE 2023

FOR

THE OLD LIBRARY ULVERSTON LIMITED

THE OLD LIBRARY ULVERSTON LIMITED (REGISTERED NUMBER: 14154410)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 7 JUNE 2022 TO 30 JUNE 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


THE OLD LIBRARY ULVERSTON LIMITED

COMPANY INFORMATION
FOR THE PERIOD 7 JUNE 2022 TO 30 JUNE 2023







DIRECTORS: Mr H Ovaisi
Mr H Ovaisi



REGISTERED OFFICE: Unit 3-4
Daltongate Business Centre
Ulverston
Cumbria
LA12 7AJ



REGISTERED NUMBER: 14154410 (England and Wales)



BANKERS: Revolut Business
7 Westferry Circus
Canary Wharf
London
E14 4HD

THE OLD LIBRARY ULVERSTON LIMITED (REGISTERED NUMBER: 14154410)

ABRIDGED BALANCE SHEET
30 JUNE 2023

Notes £    £   
FIXED ASSETS
Tangible assets 4 104,390

CURRENT ASSETS
Debtors 12,075
Cash at bank 2,127
14,202
CREDITORS
Amounts falling due within one year 50,784
NET CURRENT LIABILITIES (36,582 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

67,808

CAPITAL AND RESERVES
Called up share capital 5 808
Share premium 89,892
Retained earnings (22,892 )
SHAREHOLDERS' FUNDS 67,808

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2023 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 OLD LIBRARY ULVERSTON LIMITED (REGISTERED NUMBER: 14154410)

ABRIDGED BALANCE SHEET - continued
30 JUNE 2023


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

All the members have consented to the preparation of an abridged Balance Sheet for the period ended 30 June 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 April 2024 and were signed on its behalf by:




Mr H Ovaisi - Director



Mr H Ovaisi - Director


THE OLD LIBRARY ULVERSTON LIMITED (REGISTERED NUMBER: 14154410)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 7 JUNE 2022 TO 30 JUNE 2023

1. STATUTORY INFORMATION

The Old Library Ulverston Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

The financial statements have been prepared on the going concern basis the directors having agreed to continue to support the company.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 2% on cost
Fixtures and fittings - 20% on cost

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
Additions 107,071
At 30 June 2023 107,071
DEPRECIATION
Charge for period 2,681
At 30 June 2023 2,681
NET BOOK VALUE
At 30 June 2023 104,390

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
808 Ordinary £1 808

A total of 808 Ordinary shares of £1 were issued during the period as follows:

700 for cash of £ 700
108 for cash of £ 90,000

THE OLD LIBRARY ULVERSTON LIMITED (REGISTERED NUMBER: 14154410)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 7 JUNE 2022 TO 30 JUNE 2023

6. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 30 June 2023:

£   
Mr H Ovaisi
Balance outstanding at start of period -
Amounts advanced 700
Amounts repaid -
Amounts written off -
Amounts waived -
Balance outstanding at end of period 700

The loan is interest free, unsecured and repayable on demand.

7. ULTIMATE CONTROLLING PARTY

The controlling party is Mr H Ovaisi.