Registered number
09864975
OYB Investments Ltd
Filleted Accounts
30 November 2024
OYB Investments Ltd
Registered number: 09864975
Balance Sheet
as at 30 November 2024
Notes 2024 2023
£ £
Fixed assets
Investments 3 117,500 -
Current assets
Debtors 4 238,875 -
Cash at bank and in hand 5,050 -
243,925 -
Creditors: amounts falling due within one year 5 (85,475) (1,471)
Net current assets/(liabilities) 158,450 (1,471)
Total assets less current liabilities 275,950 (1,471)
Creditors: amounts falling due after more than one year 6 (261,409) -
Net assets/(liabilities) 14,541 (1,471)
Capital and reserves
Called up share capital 10 10
Profit and loss account 14,531 (1,481)
Shareholders' funds 14,541 (1,471)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
S Dodhia
Director
Approved by the board on 23 January 2025
OYB Investments Ltd
Notes to the Accounts
for the year ended 30 November 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Investments
Other
investments
£
Cost
Additions 117,500
At 30 November 2024 117,500
4 Debtors 2024 2023
£ £
Other debtors 238,875 -
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 80,000 -
Directors loans 1,121 1,471
Taxation and social security costs 4,004 -
Other creditors 350 -
85,475 1,471
6 Creditors: amounts falling due after one year 2024 2023
£ £
Other creditors 261,409 -
7 Other information
OYB Investments Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Lorelei
8 Ember Lane,
Esher,
Surrey,
KT10 8ER
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