Company Registration No. 11439737 (England and Wales)
Olson Limited
Unaudited accounts
for the year ended 30 June 2025
Olson Limited
Unaudited accounts
Contents
Olson Limited
Company Information
for the year ended 30 June 2025
Directors
Chrissie Dallas Nicholson
Matthew James Nicholson
Company Number
11439737 (England and Wales)
Registered Office
1st Floor, Unit 4 Thornbury Office Park
Midland Way
Thornbury
Bristol
BS35 2BS
United Kingdom
Accountants
Williams Martin Limited
1st Floor, Unit 4, Thornbury Office Park
Midland Way
Thornbury
Bristol
South Glos
BS35 2BS
Olson Limited
Statement of financial position
as at 30 June 2025
Tangible assets
16,397
3,012
Cash at bank and in hand
18,057
30,536
Creditors: amounts falling due within one year
(14,091)
(12,906)
Net current assets
8,716
22,713
Total assets less current liabilities
25,113
25,725
Creditors: amounts falling due after more than one year
(8,128)
(2,041)
Called up share capital
100
100
Profit and loss account
16,885
23,584
Shareholders' funds
16,985
23,684
For the year ending 30 June 2025 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 12 September 2025 and were signed on its behalf by
Chrissie Dallas Nicholson
Director
Company Registration No. 11439737
Olson Limited
Notes to the Accounts
for the year ended 30 June 2025
Olson Limited is a private company, limited by shares, registered in England and Wales, registration number 11439737. The registered office is 1st Floor, Unit 4 Thornbury Office Park, Midland Way, Thornbury, Bristol, BS35 2BS, 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
25% straight line
Motor vehicles
25% reducing balance
Fixtures & fittings
25% straight line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2024
6,330
-
1,931
8,261
Additions
1,717
12,328
647
14,692
At 30 June 2025
8,047
12,328
2,578
22,953
At 1 July 2024
3,934
-
1,315
5,249
Charge for the year
930
-
377
1,307
At 30 June 2025
4,864
-
1,692
6,556
At 30 June 2025
3,183
12,328
886
16,397
At 30 June 2024
2,396
-
616
3,012
Olson Limited
Notes to the Accounts
for the year ended 30 June 2025
Amounts falling due within one year
Accrued income and prepayments
4,750
-
6
Creditors: amounts falling due within one year
2025
2024
Obligations under finance leases and hire purchase contracts
2,980
1,166
Taxes and social security
7,157
5,518
Loans from directors
289
581
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
8,128
2,041
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).