2 01/03/2023 28/02/2024 2024-02-28 true false false false false false false true false false true false false false false false true false No description of principal activities is disclosed 2023-03-01 Sage Accounts Production 23.0 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP NI054032 2023-03-01 2024-02-28 NI054032 2024-02-28 NI054032 2023-02-28 NI054032 2022-03-01 2023-02-28 NI054032 2023-02-28 NI054032 2022-02-28 NI054032 bus:RegisteredOffice 2023-03-01 2024-02-28 NI054032 bus:LeadAgentIfApplicable 2023-03-01 2024-02-28 NI054032 bus:Director1 2023-03-01 2024-02-28 NI054032 bus:Director2 2023-03-01 2024-02-28 NI054032 bus:CompanySecretary1 2023-03-01 2024-02-28 NI054032 core:WithinOneYear 2024-02-28 NI054032 core:WithinOneYear 2023-02-28 NI054032 bus:Director1 2023-02-28 NI054032 bus:Director1 2024-02-28 NI054032 bus:Director2 2023-02-28 NI054032 bus:Director2 2024-02-28 NI054032 bus:Director1 2022-02-28 NI054032 bus:Director1 2023-02-28 NI054032 bus:Director2 2022-02-28 NI054032 bus:Director2 2023-02-28 NI054032 bus:Director1 2022-03-01 2023-02-28 NI054032 bus:Director2 2022-03-01 2023-02-28 NI054032 bus:Micro-entities 2023-03-01 2024-02-28 NI054032 bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-28 NI054032 bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-28 NI054032 bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-28 NI054032 bus:FullAccounts 2023-03-01 2024-02-28
Company registration number: NI054032
OLS Trading Limited
Trading as Frank's Bar
Unaudited filleted financial statements
28 February 2024
OLS Trading Limited
Contents
Directors and other information
Statement of financial position and notes to the financial statements
OLS Trading Limited
Directors and other information
Directors Mr Oliver Swift
Mr Leo Swift
Secretary Mr Leo Swift
Company number NI054032
Registered office 181 Main Street
Lisnaskea
Co. Fermanagh
BT92 0JE
Business address 181 Main Street
Lisnaskea
Co. Fermanagh
BT92 0JE
Accountants Crudden Dolan Ltd
23-25 Darling Street
Enniskillen
Fermanagh
BT74 7DP
Bankers Bank of Ireland
141 Main Street
Lisnaskea
BT92 0JE
OLS Trading Limited
Statement of financial position
28 February 2024
2024 2023
£ £
Fixed assets 10,804 12,673
_______ _______
Current assets 227,875 212,275
Creditors: amounts falling due within one year ( 45,489) ( 40,766)
_______ _______
Net current assets 182,386 171,509
_______ _______
Total assets less current liabilities 193,190 184,182
Accruals and deferred income ( 7,655) ( 7,466)
_______ _______
Net assets 185,535 176,716
_______ _______
Capital and reserves 185,535 176,716
_______ _______
OLS Trading Limited
Year ended 28 February 2024
Notes to the financial statements
1. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2023: 2 ).
2. Directors advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2024
Balance brought forward Advances /(credits) to the directors Amounts repaid Balance o/standing
£ £ £ £
Mr Oliver Swift ( 344) - - ( 344)
Mr Leo Swift ( 134) ( 62,460) 61,748 ( 846)
_______ _______ _______ _______
( 478) ( 62,460) 61,748 ( 1,190)
_______ _______ _______ _______
2023
Balance brought forward Advances /(credits) to the directors Amounts repaid Balance o/standing
£ £ £ £
Mr Oliver Swift ( 12,819) ( 42,025) 54,500 ( 344)
Mr Leo Swift ( 157) ( 47,476) 47,499 ( 134)
_______ _______ _______ _______
( 12,976) ( 89,501) 101,999 ( 478)
_______ _______ _______ _______
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 members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
- The directors acknowledge their 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 31 July 2024 , and are signed on behalf of the board by:
Mr Oliver Swift
Director
Company registration number: NI054032
The company is a private company limited by shares, registered in Northern Ireland.