1 April 2023 v2024.42.1 limited_company_frs_102_section_1a_v1_1_1 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsexbrli:purexbrli:sharesiso4217:GBP076116692023-04-012024-03-31076116692024-03-3107611669bus:Director12023-04-012024-03-3107611669bus:RegisteredOffice2023-04-012024-03-31076116692022-04-012023-03-3107611669core:RetainedEarningsAccumulatedLosses2023-04-0107611669core:RetainedEarningsAccumulatedLosses2022-04-0107611669core:RetainedEarningsAccumulatedLosses2023-04-012024-03-3107611669core:RetainedEarningsAccumulatedLosses2022-04-012023-03-3107611669core:RetainedEarningsAccumulatedLosses2024-03-3107611669core:RetainedEarningsAccumulatedLosses2023-03-31076116692023-03-3107611669core:WithinOneYear2024-03-3107611669core:WithinOneYear2023-03-3107611669core:ShareCapital2024-03-3107611669core:ShareCapital2023-03-3107611669core:OfficeEquipment2023-04-012024-03-3107611669core:PlantMachinery2023-04-0107611669core:PlantMachinery2023-04-012024-03-3107611669core:PlantMachinery2024-03-3107611669core:PlantMachinery2023-03-310761166912023-04-012024-03-3107611669countries:EnglandWales2023-04-012024-03-3107611669bus:AuditExemptWithAccountantsReport2023-04-012024-03-3107611669bus:PrivateLimitedCompanyLtd2023-04-012024-03-3107611669bus:SmallEntities2023-04-012024-03-3107611669bus:FullAccounts2023-04-012024-03-31
Company registration number:
07611669
Ovenden Bookkeeping & Accounting Services Ltd
Unaudited Financial Statements for the year ended
31 March 2024
Ovenden Bookkeeping & Accounting Services Ltd
21 Burr Close, Ramsey, HARWICH, Essex, CO12 5EN, United Kingdom
Ovenden Bookkeeping & Accounting Services Ltd
Officers and Professional Advisers
Year ended
31 March 2024
Director
Mr Alan Ovenden
Registered office
21 Burr Close
Ramsey
Harwich
Essex
CO12 5EN
United Kingdom
Accountant
Ovenden Bookkeeping & Accounting Services Ltd
21 Burr Close
Ramsey
HARWICH
Essex
CO12 5EN
United Kingdom
Ovenden Bookkeeping & Accounting Services Ltd
Director's Report
Year ended
31 March 2024
The director presents the report and the unaudited
financial statements
of the company for the year ended 31 March 2024.

Directors

The director who served the company during the year was as follows:
Mr Alan Ovenden

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on
19 September 2024
and signed on behalf of the board by:
Mr Alan Ovenden
Director
Ovenden Bookkeeping & Accounting Services Ltd
Report to the board of directors on the preparation of the unaudited statutory financial statements of Ovenden Bookkeeping & Accounting Services Ltd
Year ended
31 March 2024
As described on the statement of financial position, the Board of Directors of
Ovenden Bookkeeping & Accounting Services Ltd
are responsible for the preparation of the
financial statements
for the year ended
31 March 2024
, which comprise the income statement, statement of income and retained earnings, statement of financial position and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions I have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to me.
Ovenden Bookkeeping & Accounting Services Ltd
21 Burr Close
Ramsey
HARWICH
Essex
CO12 5EN
United Kingdom
Date:
19 September 2024
Ovenden Bookkeeping & Accounting Services Ltd
Income Statement
Year ended
31 March 2024
20242023
££
Turnover
26,167
 
11,800
 
Gross profit
26,167
 
11,800
 
Administrative expenses
(16,122
)
(10,625
)
Operating profit
10,045
 
1,175
 
Profit before tax
10,045
 
1,175
 
Tax on profit
(1,907
)
(257
)
Profit for the financial year
8,138
 
918
 
The company has no other recognised items of income or expense other than the results for the year as set out above.
Ovenden Bookkeeping & Accounting Services Ltd
Statement of Income and Retained Earnings
Year ended
31 March 2024
20242023
££
Retained earnings at the start of the year
7,485
 
17,067
 
Profit for the financial year
8,138
 
918
 
Dividends declared and paid or payable during the year
(5,000
)
(10,500
)
Retained earnings at the end of the year
10,623
 
7,485
 
Ovenden Bookkeeping & Accounting Services Ltd
Statement of Financial Position
31 March 2024
20242023
Note££
Fixed assets    
Tangible assets 5
705
 
698
 
Current assets    
Debtors 6
1,013
 
2,286
 
Cash at bank and in hand
10,890
 
4,770
 
11,903
 
7,056
 
Creditors: amounts falling due within one year 7
(1,982
)
(266
)
Net current assets
9,921
 
6,790
 
Total assets less current liabilities 10,626   7,488  
Capital and reserves    
Called up share capital
3
 
3
 
Profit and loss account
10,623
 
7,485
 
Shareholders funds
10,626
 
7,488
 
For the year ending
31 March 2024
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
financial statements
have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
These
financial statements
were approved by the board of directors and authorised for issue on
19 September 2024
, and are signed on behalf of the board by:
Mr Alan Ovenden
Director
Company registration number:
07611669
Ovenden Bookkeeping & Accounting Services Ltd
Notes to the Financial Statements
Year ended
31 March 2024

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
21 Burr Close
,
Ramsey
,
Harwich
,
Essex
,
CO12 5EN
, United Kingdom.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Office equipment
20% Per annum reducing balance method

4 Average number of employees

The average number of persons employed by the company during the year was
1
(2023:
1.00
).

5 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 April 2023
6,433
 
Additions
309
 
At
31 March 2024
6,742
 
Depreciation  
At
1 April 2023
5,735
 
Charge
302
 
At
31 March 2024
6,037
 
Carrying amount  
At
31 March 2024
705
 
At 31 March 2023
698
 

6 Debtors

20242023
££
Trade debtors
1,005
 
2,106
 
Other debtors
8
 
180
 
1,013
 
2,286
 

7 Creditors: amounts falling due within one year

20242023
££
Taxation and social security
1,807
 
257
 
Other creditors
175
 
9
 
1,982
 
266