Company Registration No. 10263657 (England and Wales)
OK COOL LTD
Unaudited accounts
for the year ended 31 December 2023
OK COOL LTD
Unaudited accounts
Contents
OK COOL LTD
Company Information
for the year ended 31 December 2023
Directors
Benjamin Gordon
Elizabeth Stone
John Jolyon Varley
Company Number
10263657 (England and Wales)
Registered Office
71-75 SHELTON STREET
COVENT GARDEN
LONDON
WC2H 9JQ
UNITED KINGDOM
Accountants
Multiply Accountancy Limited
71-75 Shelton Street
London
WC2H 9JQ
OK COOL LTD
Statement of financial position
as at 31 December 2023
Tangible assets
32,641
27,742
Cash at bank and in hand
211,339
349,030
Creditors: amounts falling due within one year
(1,358,131)
(1,258,043)
Net current assets
32,225
86,118
Total assets less current liabilities
64,866
113,860
Creditors: amounts falling due after more than one year
(15,833)
(25,833)
Provisions for liabilities
Deferred tax
(6,202)
(6,519)
Called up share capital
100
100
Profit and loss account
42,731
81,408
Shareholders' funds
42,831
81,508
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 20 September 2024 and were signed on its behalf by
Benjamin Gordon
Director
Company Registration No. 10263657
OK COOL LTD
Notes to the Accounts
for the year ended 31 December 2023
OK COOL LTD is a private company, limited by shares, registered in England and Wales, registration number 10263657. The registered office is 71-75 SHELTON STREET, COVENT GARDEN, LONDON, WC2H 9JQ, UNITED KINGDOM.
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 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.
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:
Computer equipment
30% reducing balance basis
4
Tangible fixed assets
Computer equipment
At 31 December 2023
60,266
Charge for the year
14,188
At 31 December 2023
27,625
At 31 December 2023
32,641
At 31 December 2022
27,742
OK COOL LTD
Notes to the Accounts
for the year ended 31 December 2023
Amounts falling due within one year
Trade debtors
649,720
671,446
Amounts due from group undertakings etc.
344,206
228,788
Accrued income and prepayments
70,113
62,510
Other debtors
114,978
32,387
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
10,000
10,000
Trade creditors
398,821
320,487
Taxes and social security
122,906
278,930
Other creditors
9,180
7,964
Loans from directors
-
58,668
Deferred income
480,644
235,824
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 43 (2022: 33).