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REGISTERED NUMBER: 10317656 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31 August 2024

for

Keith Olive Decorators Limited

Keith Olive Decorators Limited (Registered number: 10317656)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Keith Olive Decorators Limited

Company Information
for the Year Ended 31 August 2024







DIRECTORS: Mr Keith Olive
Mrs Gillian Olive





REGISTERED OFFICE: 11 Aire Drive
Bradshaw
Bolton
Lancashire
BL2 3FX





REGISTERED NUMBER: 10317656 (England and Wales)





ACCOUNTANTS: Mike Egan & Co Limited
Chartered Accountants
168 Lee Lane
Horwich
Bolton
Lancashire
BL6 7AF

Keith Olive Decorators Limited (Registered number: 10317656)

Balance Sheet
31 August 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 29,398 39,196

CURRENT ASSETS
Debtors 5 1,908 -
Cash at bank 127,008 167,175
128,916 167,175
CREDITORS
Amounts falling due within one year 6 (34,489 ) (36,702 )
NET CURRENT ASSETS 94,427 130,473
TOTAL ASSETS LESS CURRENT
LIABILITIES

123,825

169,669

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 123,823 169,667
SHAREHOLDERS' FUNDS 123,825 169,669

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 28 May 2025 and were signed on its behalf by:





Mr Keith Olive - Director


Keith Olive Decorators Limited (Registered number: 10317656)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Keith Olive Decorators 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.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 5 (2023 - 7 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 September 2023
and 31 August 2024 90,833 3,166 668 94,667
DEPRECIATION
At 1 September 2023 52,515 2,397 559 55,471
Charge for year 9,579 192 27 9,798
At 31 August 2024 62,094 2,589 586 65,269
NET BOOK VALUE
At 31 August 2024 28,739 577 82 29,398
At 31 August 2023 38,318 769 109 39,196

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Tax 1,908 -

Keith Olive Decorators Limited (Registered number: 10317656)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 1 -
Tax 26,609 27,969
Social security and other taxes 2,121 2,086
VAT 3,259 2,000
Directors' loan accounts 234 2,382
Accrued expenses 2,265 2,265
34,489 36,702