Company Registration No. 08327971 (England and Wales)
On Our Radar Ltd.
Unaudited accounts
for the year ended 31 December 2023
On Our Radar Ltd.
Unaudited accounts
Contents
On Our Radar Ltd.
Company Information
for the year ended 31 December 2023
Directors
Christopher James Walter
Paul Michael Myles
Company Number
08327971 (England and Wales)
Registered Office
Market Unit 5
133a Rye Lane
London
SE15 4BQ
Accountants
Braant Ltd
20 to 22 Wenlock Road
London
N1 7GU
On Our Radar Ltd.
Accountants' report
Accountants' report to the board of directors of On Our Radar Ltd. on the preparation of the unaudited statutory accounts for the year ended 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
On Our Radar Ltd. for the year ended
31 December 2023 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of On Our Radar Ltd., as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of On Our Radar Ltd. and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than On Our Radar Ltd. and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that On Our Radar Ltd. has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of On Our Radar Ltd.. You consider that On Our Radar Ltd. is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of On Our Radar Ltd.. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Braant Ltd
20 to 22 Wenlock Road
London
N1 7GU
31 August 2024
On Our Radar Ltd.
Statement of financial position
as at 31 December 2023
Cash at bank and in hand
115,045
171,859
Creditors: amounts falling due within one year
(151,154)
(109,821)
Net current assets
26,393
143,503
Profit and loss account
26,393
143,503
Shareholders' funds
26,393
143,503
For the year ending 31 December 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 directors acknowledge their 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 of Directors and authorised for issue on 31 August 2024 and were signed on its behalf by
Christopher James Walter
Director
Company Registration No. 08327971
On Our Radar Ltd.
Notes to the Accounts
for the year ended 31 December 2023
On Our Radar Ltd. is a private company, limited by shares, registered in England and Wales, registration number 08327971. The registered office is Market Unit 5, 133a Rye Lane, London, SE15 4BQ.
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 allocation of costs between Cost of Sales and Administrative Expenses has been revised in 2019 to better reflect the allocation of resources by the company. Comparatives have been restated accordingly. Turnover and net profit are not affected by the restatement.
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.
Company Limited By Guarantee
On Our Radar Ltd is a company limited by guarantee and not shares.
It has no shareholders and thus the sum described as Shareholders Funds should properly be listed as Reserves.
As there are no shareholders the company has no share capital and cannot issue dividends. Any other references to shareholders should be ignored.
The Profit and Loss Account on page 10 should properly be titled Income & Expenditure Statement. All other references to profit/loss should refer to surplus/deficit.
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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
On Our Radar Ltd.
Notes to the Accounts
for the year ended 31 December 2023
4
Intangible fixed assets
Other
At 31 December 2023
46,047
At 31 December 2023
46,047
5
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Trade debtors
1,261
49,446
Accrued income and prepayments
33,394
32,019
7
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
1,361
14,081
Other creditors
149,793
74,806
Loans from directors
-
20,934
8
Average number of employees
During the year the average number of employees was 6 (2022: 6).