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REGISTERED NUMBER: 09530508 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

OVER EXPOSED LTD

OVER EXPOSED LTD (REGISTERED NUMBER: 09530508)

Contents of the Financial Statements
for the Year Ended 30 April 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


OVER EXPOSED LTD

Company Information
for the Year Ended 30 April 2024







DIRECTOR: R Martin





REGISTERED OFFICE: 16 Parkside Close
East Horsley
Surrey
KT24 5BY





REGISTERED NUMBER: 09530508 (England and Wales)





ACCOUNTANTS: Russell & Co
Station House
Station Approach
East Horsley
Leatherhead
Surrey
KT24 6QX

OVER EXPOSED LTD (REGISTERED NUMBER: 09530508)

Balance Sheet
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 78,140 64,052

CURRENT ASSETS
Debtors 5 620,852 816,712
Cash at bank 98,228 23,818
719,080 840,530
CREDITORS
Amounts falling due within one year 6 276,590 518,321
NET CURRENT ASSETS 442,490 322,209
TOTAL ASSETS LESS CURRENT
LIABILITIES

520,630

386,261

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 520,530 386,161
SHAREHOLDERS' FUNDS 520,630 386,261

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 January 2025 and were signed by:



R Martin - Director


OVER EXPOSED LTD (REGISTERED NUMBER: 09530508)

Notes to the Financial Statements
for the Year Ended 30 April 2024


1. STATUTORY INFORMATION

Over Exposed Ltd 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.

2. ACCOUNTING POLICIES

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

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 8 ) .

OVER EXPOSED LTD (REGISTERED NUMBER: 09530508)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023 180,718
Additions 41,315
Disposals (14,426 )
At 30 April 2024 207,607
DEPRECIATION
At 1 May 2023 116,666
Charge for year 25,259
Eliminated on disposal (12,458 )
At 30 April 2024 129,467
NET BOOK VALUE
At 30 April 2024 78,140
At 30 April 2023 64,052

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 397,558 805,712
Other debtors 223,294 11,000
620,852 816,712

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 20,833 30,833
Trade creditors 138,520 310,372
Taxation and social security 102,103 161,981
Other creditors 15,134 15,135
276,590 518,321

OVER EXPOSED LTD (REGISTERED NUMBER: 09530508)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024


7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary 1 100 100