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Company Registration No. 13564816 (England and Wales)
Olive Bedford Ltd Unaudited accounts for the year ended 31 August 2024
Olive Bedford Ltd Unaudited accounts Contents
Page
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Olive Bedford Ltd Company Information for the year ended 31 August 2024
Directors
Huseyin Agac Ibrahim Halil Demir
Company Number
13564816 (England and Wales)
Registered Office
Unit 4b Riverside Square Bedford Bedfordshire MK40 1AS England
Accountants
Alpha Tax Advisors Unit 1, Stanier Square Centre Bletchley, Milton Keynes United Kingdom MK2 2FY
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Olive Bedford Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
150,180 
116,285 
Current assets
Inventories
46,354 
8,941 
Debtors
166,092 
(3,056)
Cash at bank and in hand
28,468 
90,931 
240,914 
96,816 
Creditors: amounts falling due within one year
(272,837)
(148,578)
Net current liabilities
(31,923)
(51,762)
Total assets less current liabilities
118,257 
64,523 
Provisions for liabilities
Deferred tax
(3,922)
(3,922)
Net assets
114,335 
60,601 
Capital and reserves
Called up share capital
200 
200 
Profit and loss account
114,135 
60,401 
Shareholders' funds
114,335 
60,601 
For the year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 29 May 2025 and were signed on its behalf by
Huseyin Agac Director Company Registration No. 13564816
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Olive Bedford Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Olive Bedford Ltd is a private company, limited by shares, registered in England and Wales, registration number 13564816. The registered office is Unit 4b, Riverside Square, Bedford, Bedfordshire, MK40 1AS, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20%
Fixtures & fittings
15%
Computer equipment
20%
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 September 2023
72,916 
82,358 
7,370 
162,644 
Additions
4,365 
59,563 
70 
63,998 
At 31 August 2024
77,281 
141,921 
7,440 
226,642 
Depreciation
At 1 September 2023
20,865 
22,854 
2,640 
46,359 
Charge for the year
11,283 
17,860 
960 
30,103 
At 31 August 2024
32,148 
40,714 
3,600 
76,462 
Net book value
At 31 August 2024
45,133 
101,207 
3,840 
150,180 
At 31 August 2023
52,051 
59,504 
4,730 
116,285 
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Olive Bedford Ltd Notes to the Accounts for the year ended 31 August 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
9,997 
(2,953)
Accrued income and prepayments
69,305 
8,654 
Other debtors
86,790 
(8,757)
166,092 
(3,056)
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
138,680 
- 
VAT
26,865 
32,154 
Trade creditors
28,992 
57,668 
Taxes and social security
31,383 
30,395 
Other creditors
32,847 
4,061 
Loans from directors
2,750 
9,300 
Accruals
11,320 
15,000 
272,837 
148,578 
7
Deferred taxation
2024 
2023 
£ 
£ 
Accelerated capital allowances
3,922 
3,922 
2024 
2023 
£ 
£ 
Provision at start of year
3,922 
3,922 
Provision at end of year
3,922 
3,922 
8
Average number of employees
During the year the average number of employees was 35 (2023: 32).
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