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REGISTERED NUMBER: 09747604 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

OCRAB LIMITED

OCRAB LIMITED (REGISTERED NUMBER: 09747604)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


OCRAB LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTOR: Miss A Bass





SECRETARY:





REGISTERED OFFICE: Create Business Hub
Ground Floor
5 Rayleigh Road
Hutton, Brentwood.
Essex
CM13 1AB





REGISTERED NUMBER: 09747604 (England and Wales)





ACCOUNTANTS: Tish Press & Company
Create Business Hub
Ground Floor
5 Rayleigh Road
Hutton, Brentwood.
Essex
CM13 1AB

OCRAB LIMITED (REGISTERED NUMBER: 09747604)

BALANCE SHEET
30 NOVEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 3,199 3,998
Tangible assets 5 95,738 203,528
Investments 6 74,600 87,600
173,537 295,126

CURRENT ASSETS
Debtors 7 97,098 59,249
Cash at bank and in hand 175,028 202,361
272,126 261,610
CREDITORS
Amounts falling due within one year 8 266,986 287,781
NET CURRENT ASSETS/(LIABILITIES) 5,140 (26,171 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

178,677

268,955

CREDITORS
Amounts falling due after more than one
year

9

6,966

12,287
NET ASSETS 171,711 256,668

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 11 171,611 256,568
SHAREHOLDERS' FUNDS 171,711 256,668

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

OCRAB LIMITED (REGISTERED NUMBER: 09747604)

BALANCE SHEET - continued
30 NOVEMBER 2023


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 September 2024 and were signed by:





Miss A Bass - Director


OCRAB LIMITED (REGISTERED NUMBER: 09747604)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1. STATUTORY INFORMATION

Ocrab 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

OCRAB LIMITED (REGISTERED NUMBER: 09747604)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2022 - 16 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 December 2022
and 30 November 2023 19,060
AMORTISATION
At 1 December 2022 15,062
Amortisation for year 799
At 30 November 2023 15,861
NET BOOK VALUE
At 30 November 2023 3,199
At 30 November 2022 3,998

5. TANGIBLE FIXED ASSETS
Fixtures
Short and Motor Computer
leasehold fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 December 2022 8,806 295,180 113,265 10,249 427,500
Additions - - - 417 417
Disposals - (155,153 ) (82,955 ) - (238,108 )
At 30 November 2023 8,806 140,027 30,310 10,666 189,809
DEPRECIATION
At 1 December 2022 - 166,652 51,280 6,040 223,972
Charge for year - 17,711 3,104 925 21,740
Eliminated on disposal - (115,152 ) (36,489 ) - (151,641 )
At 30 November 2023 - 69,211 17,895 6,965 94,071
NET BOOK VALUE
At 30 November 2023 8,806 70,816 12,415 3,701 95,738
At 30 November 2022 8,806 128,528 61,985 4,209 203,528

OCRAB LIMITED (REGISTERED NUMBER: 09747604)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 December 2022
and 30 November 2023 30,310
DEPRECIATION
At 1 December 2022 14,791
Charge for year 3,104
At 30 November 2023 17,895
NET BOOK VALUE
At 30 November 2023 12,415
At 30 November 2022 15,519

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 December 2022 87,600
Disposals (13,000 )
At 30 November 2023 74,600
NET BOOK VALUE
At 30 November 2023 74,600
At 30 November 2022 87,600

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 74,320 41,989
Other debtors 15,275 15,275
Directors Loan Account 4,473 -
VAT 3,030 1,985
97,098 59,249

OCRAB LIMITED (REGISTERED NUMBER: 09747604)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 145,833 208,333
Hire purchase contracts 5,180 5,180
Trade creditors 92,083 45,933
Amounts owed to participating interests - 2,353
Tax 18,555 8,078
Social security and other taxes 1,747 2,617
Other creditors 3,588 12,492
Directors' current accounts - 2,795
266,986 287,781

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts 6,966 12,287

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary 100 100 100

11. RESERVES
Retained
earnings
£   

At 1 December 2022 256,568
Profit for the year 1,333
Dividends (86,290 )
At 30 November 2023 171,611