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Company Registration No. 08537347 (England and Wales)
Online Merchant Connect Limited Unaudited accounts for the year ended 1 June 2024
Online Merchant Connect Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Online Merchant Connect Limited Company Information for the year ended 1 June 2024
Directors
Christian Chmiel Elena Schmidt
Secretary
Christian Chmiel
Company Number
08537347 (England and Wales)
Registered Office
No 1 Royal Exchange London EC3V 3DG England
Accountants
Ingles Accountancy Limited Ingles Manor Castle Hill Avenue Folkestone Kent CT20 2RD
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Online Merchant Connect Limited Statement of financial position as at 1 June 2024
2024
2023
Notes
£
£
Fixed assets
Investments
4
2,015,715
2,015,715
Current assets
Debtors
5
9,018,534
8,918,332
Investments
6
1,520,912
1,520,912
Cash at bank and in hand
812,929
876,744
11,352,375
11,315,988
Creditors: amounts falling due within one year
7
(33,959)
(33,679)
Net current assets
11,318,416
11,282,309
Net assets
13,334,131
13,298,024
Capital and reserves
Share premium
1
1
Profit and loss account
13,334,130
13,298,023
Shareholders' funds
13,334,131
13,298,024
For the year ending 1 June 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 16 February 2026 and were signed on its behalf by
Christian Chmiel Director Company Registration No. 08537347
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Online Merchant Connect Limited Notes to the Accounts for the year ended 1 June 2024
1
Statutory information
Online Merchant Connect Limited is a private company, limited by shares, registered in England and Wales, registration number 08537347. The registered office is No 1 Royal Exchange, London, EC3V 3DG, 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.
4
Investments
Subsidiary undertakings
£
Valuation at 2 June 2023
2,015,715
Valuation at 1 June 2024
2,015,715
5
Debtors
2024
2023
£
£
Amounts falling due within one year
Trade debtors
240,095
154,097
Other debtors
7,154,673
7,154,393
7,394,768
7,308,490
Amounts falling due after more than one year
Amounts due from group undertakings etc.
1,623,766
1,609,842
6
Investments held as current assets
2024
2023
£
£
Listed investments
1,520,912
1,520,912
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Online Merchant Connect Limited Notes to the Accounts for the year ended 1 June 2024
7
Creditors: amounts falling due within one year
2024
2023
£
£
VAT
623
343
Amounts owed to group undertakings and other participating interests
20,383
20,383
Other creditors
12,461
12,461
Accruals
492
492
33,959
33,679
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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