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REGISTERED NUMBER: 09512354 (England and Wales)














OLLIE MARCHON LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024






OLLIE MARCHON LTD (REGISTERED NUMBER: 09512354)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 June 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


OLLIE MARCHON LTD

COMPANY INFORMATION
for the Year Ended 30 June 2024







DIRECTOR: O T V Marchon





REGISTERED OFFICE: 5 Imperial Court
Laporte Way
Luton
Bedfordshire
LU4 8FE





REGISTERED NUMBER: 09512354 (England and Wales)





ACCOUNTANTS: Miller & Co
Chartered Accountants
5 Imperial Court
Laporte Way
Luton
Bedfordshire
LU4 8FE

OLLIE MARCHON LTD (REGISTERED NUMBER: 09512354)

STATEMENT OF FINANCIAL POSITION
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 5 75,152 75,002

CURRENT ASSETS
Debtors 6 204,900 11,926
Investments 7 124,431 -
Cash at bank 395,210 418,679
724,541 430,605
CREDITORS
Amounts falling due within one year 8 134,956 35,514
NET CURRENT ASSETS 589,585 395,091
TOTAL ASSETS LESS CURRENT
LIABILITIES

664,737

470,093

CAPITAL AND RESERVES
Called up, paid and allotted share capital 101 101
Retained earnings 664,636 469,992
SHAREHOLDERS' FUNDS 664,737 470,093

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 November 2024 and were signed by:




O T V Marchon - Director


OLLIE MARCHON LTD (REGISTERED NUMBER: 09512354)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Ollie Marchon Limited is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling, rounded to the nearest pound.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Income recognition
Income is recognised when services have been delivered to customers such that risks and rewards of ownership have transferred to them.

Taxation
Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.

Investments
Investments are recognised at cost less impairment.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

OLLIE MARCHON LTD (REGISTERED NUMBER: 09512354)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 June 2024

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 July 2023 75,002
Additions 150
At 30 June 2024 75,152
NET BOOK VALUE
At 30 June 2024 75,152
At 30 June 2023 75,002

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 10,963
Other debtors 204,900 963
204,900 11,926

7. CURRENT ASSET INVESTMENTS
2024 2023
£    £   
Listed investments 124,431 -

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 452 6,079
Other creditors 134,504 29,435
134,956 35,514

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2024 and 30 June 2023:

2024 2023
£    £   
O T V Marchon
Balance outstanding at start of year (857 ) -
Amounts advanced 5,445 (857 )
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 4,588 (857 )

OLLIE MARCHON LTD (REGISTERED NUMBER: 09512354)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 June 2024

10. RELATED PARTY DISCLOSURES

The director operates a loan account with the company, which is interest free and repayable on demand. Transactions during the year can be found in the table above.

The company also received dividend income in the year from another company in which the director has a material interest.