Company Registration No. 11020161 (England and Wales)
T Owczarek Ltd
Unaudited accounts
for the year ended 31 October 2024
T Owczarek Ltd
Unaudited accounts
Contents
T Owczarek Ltd
Company Information
for the year ended 31 October 2024
Company Number
11020161 (England and Wales)
Registered Office
112-113 High Street
Lincoln
LN5 7PY
UNITED KINGDOM
Accountants
M D Darby FCPA, CPAA, FIAB, ACCA/Cert:IFR, IFRS, IPSAS, IA
Templar Accounting & Business Support
Services Limited (Incorp: Blake and Co )
112 - 113 High Street,
Lincoln, Lincolnshire
LN5 7PY
T Owczarek Ltd
Statement of financial position
as at 31 October 2024
Tangible assets
9,309
8,636
Cash at bank and in hand
232
26
Creditors: amounts falling due within one year
(1,891)
(1,265)
Net current liabilities
(1,659)
(1,239)
Called up share capital
10
10
Capital contribution reserve
16,000
9,000
Profit and loss account
(8,360)
(1,613)
Shareholders' funds
7,650
7,397
For the year ending 31 October 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and authorised for issue on 26 May 2025 and were signed on its behalf by
Tomasz Owczarek
Director
Company Registration No. 11020161
T Owczarek Ltd
Notes to the Accounts
for the year ended 31 October 2024
T Owczarek Ltd is a private company, limited by shares, registered in England and Wales, registration number 11020161. The registered office is 112-113 High Street, Lincoln, LN5 7PY, UNITED KINGDOM.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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% Reducing balance
Motor vehicles
20% Reducing balance
Fixtures & fittings
20% Reducing balance
Computer equipment
20% Reducing balance
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
T Owczarek Ltd
Notes to the Accounts
for the year ended 31 October 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 November 2023
-
8,700
130
865
9,695
Additions
3,000
-
-
-
3,000
At 31 October 2024
3,000
8,700
130
865
12,695
At 1 November 2023
-
472
77
510
1,059
Charge for the year
600
1,646
10
71
2,327
At 31 October 2024
600
2,118
87
581
3,386
At 31 October 2024
2,400
6,582
43
284
9,309
At 31 October 2023
-
8,228
53
355
8,636
5
Creditors: amounts falling due within one year
2024
2023
Loans from directors
1,511
765
Allotted, called up and fully paid:
10 Ordinary voting shares of £1 each
10
10
7
Capital contribution reserve
A capital contribution has been created by the director to support the training program under taken to date.
This contribution will not be withdraw until positive cashflow has been achieved
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).