1 January 2023 false No description of principal activity Taxfiler 2024.5 10263657business:PrivateLimitedCompanyLtd2023-01-012023-12-31 102636572022-12-31 102636572023-01-012023-12-31 10263657business:AuditExemptWithAccountantsReport2023-01-012023-12-31 10263657business:FilletedAccounts2023-01-012023-12-31 102636572023-12-31 10263657business:Director12023-01-012023-12-31 10263657business:Director22023-01-012023-12-31 10263657business:Director32023-01-012023-12-31 10263657business:RegisteredOffice2023-01-012023-12-31 102636572022-12-31 10263657core:WithinOneYear2023-12-31 10263657core:WithinOneYear2022-12-31 10263657core:AfterOneYear2023-12-31 10263657core:AfterOneYear2022-12-31 10263657core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 10263657core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 10263657core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 10263657core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 10263657core:PreviouslyStatedAmount2023-12-31 10263657core:PreviouslyStatedAmount2022-12-31 10263657business:SmallEntities2023-01-012023-12-31 10263657countries:EnglandWales2023-01-012023-12-31 10263657core:ComputerEquipment2023-01-012023-12-31 10263657core:ComputerEquipment2022-12-31 10263657core:ComputerEquipment2023-12-31 102636572022-01-012022-12-31 iso4217:GBP xbrli:pure
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
Page
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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
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OK COOL LTD Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
32,641 
27,742 
Current assets
Debtors
1,179,017 
995,131 
Cash at bank and in hand
211,339 
349,030 
1,390,356 
1,344,161 
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)
Net assets
42,831 
81,508 
Capital and reserves
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
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OK COOL LTD Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
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.
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.
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 
£ 
Cost or valuation
At cost 
At 1 January 2023
41,378 
Additions
20,215 
Disposals
(1,327)
At 31 December 2023
60,266 
Depreciation
At 1 January 2023
13,636 
Charge for the year
14,188 
On disposals
(199)
At 31 December 2023
27,625 
Net book value
At 31 December 2023
32,641 
At 31 December 2022
27,742 
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OK COOL LTD Notes to the Accounts for the year ended 31 December 2023
5
Debtors
2023 
2022 
£ 
£ 
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 
1,179,017 
995,131 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
10,000 
10,000 
VAT
149,215 
80,031 
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 
Accruals
187,365 
266,139 
Deferred income
480,644 
235,824 
1,358,131 
1,258,043 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
15,833 
25,833 
8
Average number of employees
During the year the average number of employees was 43 (2022: 33).
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