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Company Registration No. 05592082 (England and Wales)
O. C. Floor Screeding Ltd Unaudited accounts for the year ended 31 October 2023
O. C. Floor Screeding Ltd Unaudited accounts Contents
Page
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O. C. Floor Screeding Ltd Company Information for the year ended 31 October 2023
Director
Bujar Osmani
Secretary
Aoife Connell
Company Number
05592082 (England and Wales)
Registered Office
8 Elton Avenue Greenford London UB6 0PW
Accountants
Anthony Daniel Associates Ltd 10 Julian Place London E14 3AT
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O. C. Floor Screeding Ltd Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
2 
149 
Current assets
Inventories
15,846 
595 
Cash at bank and in hand
37,515 
65,865 
53,361 
66,460 
Creditors: amounts falling due within one year
(54,369)
(65,769)
Net current (liabilities)/assets
(1,008)
691 
Net (liabilities)/assets
(1,006)
840 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
(2,006)
(160)
Shareholders' funds
(1,006)
840 
For the year ending 31 October 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 director acknowledges his 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 8 October 2024 and were signed on its behalf by
Bujar Osmani Director Company Registration No. 05592082
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O. C. Floor Screeding Ltd Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
O. C. Floor Screeding Ltd is a private company, limited by shares, registered in England and Wales, registration number 05592082. The registered office is 8 Elton Avenue, Greenford, London, UB6 0PW.
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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on cost
Motor vehicles
25% on cost
Stocks
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset. Deferred tax assets and liabilities are not discounted.
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O. C. Floor Screeding Ltd Notes to the Accounts for the year ended 31 October 2023
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2022
28,268 
9,200 
37,468 
At 31 October 2023
28,268 
9,200 
37,468 
Depreciation
At 1 November 2022
28,119 
9,200 
37,319 
Charge for the year
147 
- 
147 
At 31 October 2023
28,266 
9,200 
37,466 
Net book value
At 31 October 2023
2 
- 
2 
At 31 October 2022
149 
- 
149 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
- 
780 
Taxes and social security
44,242 
56,089 
Loans from directors
9,427 
8,200 
Accruals
700 
700 
54,369 
65,769 
6
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000 
1,000 
7
Controlling party
The ultimate controlling party is Mr. Bujar Osmani, who is the sole director and holds fifty percent of the company shares.
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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