OCARINA FINANCIAL SYSTEMS LIMITED

Company Information
for the year from 1 January 2024 to 31 December 2024


Director	HUME, David


Company Secretary	HUME, Noreen Mary


Registered Address	Apple Tree House
	Moor Lane, East Keswick
	Leeds
	LS17 9ES


Registered Number	03670461 (England and Wales)

OCARINA FINANCIAL SYSTEMS LIMITED

Balance Sheet as at
31 December 2024

	2024		2023
	£	£	£	£
Current assets
Debtors	18,661		14,868
Cash at bank and on hand	67,191		56,637
	85,852		71,505
Creditors amounts falling due within one year	(6,820)		(13,821)
Net current assets (liabilities)		79,032		57,684
Total assets less current liabilities		79,032		57,684
Net assets		79,032		57,684
Capital and reserves
Called up share capital		100		100
Profit and loss account		78,932		57,584
Shareholders' funds		79,032		57,684

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Board of Directors on 19 September 2025, and are signed on its behalf by:

HUME, David
Director
Registered Company No. 03670461

OCARINA FINANCIAL SYSTEMS LIMITED

Notes to the Financial Statements
for the year ended 31 December 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

2.	Average number of employees


		2024		2023
	Average number of employees during the year	1		1

3.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 January 24	2,693
	At 31 December 24	2,693
	Depreciation and impairment
	At 01 January 24	2,693
	At 31 December 24	2,693
	Net book value
	At 31 December 24	-
	At 31 December 23	-