Company Registration No. 06465570 (England and Wales)
Ogilviedavies Ltd
Unaudited accounts
for the year ended 30 January 2024
Ogilviedavies Ltd
Unaudited accounts
Contents
Ogilviedavies Ltd
Company Information
for the year ended 30 January 2024
Director
Rachael Robertson
Secretary
Mr James Robertson
Company Number
06465570 (England and Wales)
Registered Office
Brightwell Grange
Britwell Road, Burnham
Slough
Berkshire
SL1 8DF
England
Accountants
Blue Cube Accountants Limited
Britwell Grange
Britwell Road
Burnham
SL1 8DF
Ogilviedavies Ltd
Statement of financial position
as at 30 January 2024
Tangible assets
161,395
165,962
Cash at bank and in hand
46,006
166,789
Creditors: amounts falling due within one year
(550,914)
(675,753)
Net current liabilities
(307,581)
(263,795)
Total assets less current liabilities
(146,186)
(97,833)
Creditors: amounts falling due after more than one year
(57,995)
(101,781)
Net liabilities
(204,181)
(199,614)
Called up share capital
1
1
Profit and loss account
(204,182)
(199,615)
Shareholders' funds
(204,181)
(199,614)
For the year ending 30 January 2024 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 director acknowledges her 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 and authorised for issue on 2 October 2024 and were signed on its behalf by
Rachael Robertson
Director
Company Registration No. 06465570
Ogilviedavies Ltd
Notes to the Accounts
for the year ended 30 January 2024
Ogilviedavies Ltd is a private company, limited by shares, registered in England and Wales, registration number 06465570. The registered office is Brightwell Grange, Britwell Road, Burnham, Slough, Berkshire, SL1 8DF, England.
These financial statements have been prepared in compliance with FRS 102, ’The Financial Reporting Standard applicable to 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.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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:
Land & buildings
2% Straight Line
Plant & machinery
33.33% Straight Line
Fixtures & fittings
25% Reducing Balance
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 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.
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charge to the profit & loss account in the period to which they relate.
Ogilviedavies Ltd
Notes to the Accounts
for the year ended 30 January 2024
3
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 31 January 2023
301,645
2,300
16,910
320,855
At 30 January 2024
301,645
2,300
20,616
324,561
At 31 January 2023
141,025
1,470
12,398
154,893
Charge for the year
6,033
767
1,473
8,273
At 30 January 2024
147,058
2,237
13,871
163,166
At 30 January 2024
154,587
63
6,745
161,395
At 30 January 2023
160,620
830
4,512
165,962
Amounts falling due within one year
Trade debtors
46,798
121,792
Accrued income and prepayments
1,455
1,518
Other debtors
149,074
121,859
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
51,996
51,750
Trade creditors
14,220
11,355
Taxes and social security
5,186
7,369
Other creditors
368,539
224,528
6
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
Ogilviedavies Ltd
Notes to the Accounts
for the year ended 30 January 2024
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan to Director
(238,347)
334,873
-
96,526
(238,347)
334,873
-
96,526
The loan to the director is interest free and was repaid in March 2024.
9
Transactions with related parties
Included in debtors are the following balances:
Dineandgift.com Limited £1,830 (2023 - £1,630)
Bacana Sangria Limited £17,069 (2023 - £16,269)
Rare & Flare Limited £8,028 (2023 - £3,728)
Filywox Limited £26,000 (2023 - £20,000)
Halstone Limited £46,198 (2023 - £121,192)
Included in creditors is £368,841 (2023 - £223,914) owed to Halstone Limited.
All of the companies named above are owned and controlled by the director.
During the year £1,139,331 (2023 - £807,249) was invoiced to Halstone Limited and £6,000 (2023 - £6,000) was invoiced to Rare & Flare Limited both for management fees.
10
Average number of employees
During the year the average number of employees was 11 (2023: 10).