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Company Registration No. 08359839 (England and Wales)
THE OLIVE SHOP LTD Unaudited accounts for the year ended 31 January 2024
THE OLIVE SHOP LTD Unaudited accounts Contents
Page
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THE OLIVE SHOP LTD Company Information for the year ended 31 January 2024
Director
ROUPAS, John Sarantis
Company Number
08359839 (England and Wales)
Registered Office
47 ALDER ROAD ANDOVER HAMPSHIRE SP11 6YZ UNITED KINGDOM
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THE OLIVE SHOP LTD Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
2,905 
Current assets
Debtors
- 
185 
Cash at bank and in hand
1,291 
- 
1,291 
185 
Creditors: amounts falling due within one year
(130,150)
(124,349)
Net current liabilities
(128,859)
(124,164)
Total assets less current liabilities
(128,859)
(121,259)
Creditors: amounts falling due after more than one year
(6,937)
(12,195)
Net liabilities
(135,796)
(133,454)
Capital and reserves
Share premium
1 
1 
Profit and loss account
(135,797)
(133,455)
Shareholders' funds
(135,796)
(133,454)
For the year ending 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 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 31 January 2024 and were signed on its behalf by
ROUPAS, John Sarantis Director Company Registration No. 08359839
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THE OLIVE SHOP LTD Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
THE OLIVE SHOP LTD is a private company, limited by shares, registered in England and Wales, registration number 08359839. The registered office is 47 ALDER ROAD, ANDOVER, HAMPSHIRE, SP11 6YZ, 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.
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:
Plant & machinery
4
Motor vehicles
4
Computer equipment
4
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 February 2023
786 
10,993 
376 
12,155 
At 31 January 2024
786 
10,993 
376 
12,155 
Depreciation
At 1 February 2023
630 
8,244 
376 
9,250 
Charge for the year
156 
2,749 
- 
2,905 
At 31 January 2024
786 
10,993 
376 
12,155 
Net book value
At 31 January 2024
- 
- 
- 
- 
At 31 January 2023
156 
2,749 
- 
2,905 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
185 
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THE OLIVE SHOP LTD Notes to the Accounts for the year ended 31 January 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
5,063 
5,063 
Loans from directors
125,087 
119,286 
130,150 
124,349 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
6,937 
12,195 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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