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Company Registration No. 11159703 (England and Wales)
OEBD LTD Unaudited accounts for the year ended 30 January 2024
OEBD LTD Unaudited accounts Contents
Page
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OEBD LTD Company Information for the year ended 30 January 2024
Director
Aaron Wint
Company Number
11159703 (England and Wales)
Registered Office
71-75 SHELTON STREET COVENT GARDEN LONDON WC2H 9JQ United Kingdom
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OEBD LTD Statement of financial position as at 30 January 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Inventories
18,092 
47,391 
Debtors
115,169 
190,410 
Cash at bank and in hand
32,585 
30,286 
165,846 
268,087 
Creditors: amounts falling due within one year
(76,187)
(169,437)
Net current assets
89,659 
98,650 
Total assets less current liabilities
89,659 
98,650 
Creditors: amounts falling due after more than one year
(34,494)
(43,469)
Net assets
55,165 
55,181 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
55,164 
55,180 
Shareholders' funds
55,165 
55,181 
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 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 30 October 2024 and were signed on its behalf by
Aaron Wint Director Company Registration No. 11159703
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OEBD LTD Notes to the Accounts for the year ended 30 January 2024
1
Statutory information
OEBD LTD is a private company, limited by shares, registered in England and Wales, registration number 11159703. 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
67,976 
141,904 
Trade debtors
29,483 
46,445 
Other debtors
17,710 
2,061 
115,169 
190,410 
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OEBD LTD Notes to the Accounts for the year ended 30 January 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
6,474 
30,740 
Trade creditors
3,756 
1,474 
Taxes and social security
19,519 
33,932 
Other creditors
20,353 
47,271 
Loans from directors
24,585 
54,520 
Accruals
1,500 
1,500 
76,187 
169,437 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
34,494 
43,469 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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