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Company Registration No. 12398178 (England and Wales)
Owl + Lark Limited Unaudited accounts for the year ended 31 December 2024
Owl + Lark Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Owl + Lark Limited Company Information for the year ended 31 December 2024
Director
Hafiz Shariff
Company Number
12398178 (England and Wales)
Registered Office
Winterman House 11 Old's Approach Tolpits Lane Watford WD18 9QY United Kingdom
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Owl + Lark Limited Statement of financial position as at 31 December 2024
2024
2023
Notes
£
£
Fixed assets
Tangible assets
5
9,688
2,181
Current assets
Inventories
39,457
86,105
Debtors
6
43,035
34,975
Cash at bank and in hand
(1,445)
39,151
81,047
160,231
Creditors: amounts falling due within one year
7
(27,601)
(187,800)
Net current assets/(liabilities)
53,446
(27,569)
Total assets less current liabilities
63,134
(25,388)
Creditors: amounts falling due after more than one year
8
(312,132)
(142,529)
Net liabilities
(248,998)
(167,917)
Capital and reserves
Called up share capital
88
88
Profit and loss account
(249,086)
(168,005)
Shareholders' funds
(248,998)
(167,917)
For the year ending 31 December 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 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 12 August 2025 and were signed on its behalf by
Hafiz Shariff Director Company Registration No. 12398178
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Owl + Lark Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Owl + Lark Limited is a private company, limited by shares, registered in England and Wales, registration number 12398178. The registered office is Winterman House 11 Old's Approach, Tolpits Lane, Watford, WD18 9QY, 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.
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.
4
Intangible fixed assets
Other
£
Cost
At 1 January 2024
108,342
At 31 December 2024
108,342
Amortisation
At 1 January 2024
108,342
At 31 December 2024
108,342
Net book value
At 31 December 2024
-
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 January 2024
1,124
157
3,389
4,670
Additions
-
7,470
1,356
8,826
At 31 December 2024
1,124
7,627
4,745
13,496
Depreciation
At 1 January 2024
37
8
2,444
2,489
Charge for the year
23
125
1,171
1,319
At 31 December 2024
60
133
3,615
3,808
Net book value
At 31 December 2024
1,064
7,494
1,130
9,688
At 31 December 2023
1,087
149
945
2,181
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Owl + Lark Limited Notes to the Accounts for the year ended 31 December 2024
6
Debtors
2024
2023
£
£
Amounts falling due within one year
Trade debtors
25,202
34,975
Amounts due from group undertakings etc.
17,769
-
Accrued income and prepayments
64
-
43,035
34,975
7
Creditors: amounts falling due within one year
2024
2023
£
£
VAT
15,477
15,275
Trade creditors
2,693
146,495
Taxes and social security
6,802
1,788
Other creditors
2,629
24,242
27,601
187,800
8
Creditors: amounts falling due after more than one year
2024
2023
£
£
Trade creditors
119,565
-
Amounts owed to group undertakings and other participating interests
-
7,900
Other creditors
65,931
90,931
Loans from directors
126,636
43,698
312,132
142,529
9
Average number of employees
During the year the average number of employees was 6 (2023: 1).
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