Registered Number:12396853 |
For the year ended 31 January 2024
England and Wales
Unaudited Financial Statements
For the year ended 31 January 2024
Octa Group Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Octa Group Limited
Statement of Financial Position
2023
2024
Property, plant and equipment |
8,709
10,887
2
8,709
10,887
Trade and other receivables |
27
17,692
3
11,646
Cash and cash equivalents |
19,765
37,457
11,673
Trade and other payables: amounts falling due within one |
year |
(10,737)
(16,848)
4
936
20,609
Net current assets
Total assets less current liabilities |
29,318
11,823
Trade and other payables: amounts falling due after more |
than one year |
(6,871)
(24,000)
5
5,318
Net assets
4,952
1
1
5,317
4,951
5,318
4,952
Shareholders' funds
For the year ended 31 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 of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
Mr Jozeff Rogers Director |
These financial statements were approved and authorised for issue by the Board on 23 October 2024 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 January 2024
Octa Group Limited
Notes to the Financial Statements
Statutory Information
Octa Group Limited is a private limited company, limited by shares, domiciled in England and Wales, registration |
number 12396853. |
Roysia Suite (First Floor) Upton House
4 Baldock Street
Royston
Hertfordshire
SG8 5AY
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Motor Vehicles
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants received towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred. |
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For the year ended 31 January 2024
Octa Group Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment |
Motor Vehicles
17,010
11,990
(11,990)
17,010
Provision for depreciation and impairment |
6,123
Charge for year
2,178
8,301
8,709
10,887
3. Trade and other receivables |
2023
2024
17,000
-
692
27
27
17,692
4. Trade and other payables: amounts falling due within one year |
2023
2024
1
-
Taxation and social security |
13,218
6,977
3,629
3,760
16,848
10,737
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For the year ended 31 January 2024
Octa Group Limited
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due after more than one year |
2023
2024
20,000
-
4,000
6,871
24,000
6,871
6. Average number of persons employed |
During the year the average number of employees was 1 (2023 : 1)
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