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Company registration number: SC182607
Oilcustom Limited
Unaudited filleted financial statements
28 February 2024
Oilcustom Limited
Contents
Directors and other information
Accountants report
Statement of financial position and notes to the financial statements
Oilcustom Limited
Directors and other information
Director Mr Robert Violet
Company number SC182607
Registered office 4 Hay Terrace
Cockburnspath
Berwickshire
TD13 5XS
Business address 4 Hay Terrace
Cockburnspath
Berwickshire
TD13 5XS
Accountants Ian J Brown & Company
10b High Street
Dunbar
East Lothian
EH42 1EL
Oilcustom Limited
Report to the director on the preparation of the
unaudited statutory financial statements of Oilcustom Limited
Year ended 28 February 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Oilcustom Limited for the year ended 28 February 2024 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of ICAS , we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.
This report is made solely to the director of Oilcustom Limited, as a body, in accordance with the terms of our engagement letter dated 18 October 2021. Our work has been undertaken solely to prepare for your approval the financial statements of Oilcustom Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Oilcustom Limited and its director as a body for our work or for this report.
It is your duty to ensure that Oilcustom Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Oilcustom Limited. You consider that Oilcustom Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Oilcustom Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Ian J Brown & Company
Chartered Accountants
10b High Street
Dunbar
East Lothian
EH42 1EL
21 October 2024
Oilcustom Limited
Statement of financial position
28 February 2024
2024 2023
£ £
Current assets 9,690 8,208
Creditors: amounts falling due within one year ( 9,690) ( 6,614)
_______ _______
Net current (liabilities)/assets - 1,594
_______ _______
Total assets less current liabilities - 1,594
Accruals and deferred income - ( 1,594)
_______ _______
Net assets - -
_______ _______
Capital and reserves - -
_______ _______
Notes to the financial statements
Oilcustom Limited
Year ended 28 February 2024
1. Employee numbers
The average number of persons employed by the company during the year amounted to Nil (2023: 1 ).
2. Directors advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2024
Balance brought forward Advances /(credits) to the director Balance o/standing
£ £ £
Mr Robert Violet - 9,690 9,690
_______ _______ _______
2023
Balance brought forward Advances /(credits) to the director Balance o/standing
£ £ £
Mr Robert Violet 1,543 ( 1,536) 7
_______ _______ _______
For the year ending 28 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
- The member has not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 21 October 2024 , and are signed on behalf of the board by:
Mr Robert Violet
Director
Company registration number: SC182607
The company is a private company limited by shares, registered in Scotland.