Company Registration No. 08399948 (England and Wales)
Edward Olphin Associates Limited
Unaudited accounts
for the year ended 28 February 2019
Edward Olphin Associates Limited
Unaudited accounts
Contents
Edward Olphin Associates Limited
Company Information
for the year ended 28 February 2019
Director
Mr Edward Olphin
Company Number
08399948 (England and Wales)
Registered Office
55 SOUTH PARK DRIVE
PAPWORTH EVERARD
CAMBRIDGE
CB23 7LQ
ENGLAND
Accountants
Know-How Accountancy Limited
22 Bentinck Lane
East Lane
Sigglesthorne
East Riding of Yorkshire
HU11 5QR
Edward Olphin Associates Limited
Statement of financial position
as at
28 February 2019
Cash at bank and in hand
(13,743)
7,748
Creditors: amounts falling due within one year
1,779
10,211
Net current assets
25,625
27,920
Called up share capital
100
100
Profit and loss account
26,140
28,198
Shareholders' funds
26,240
28,298
For the year ending 28 February 2019 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.
Approved by the Board on 25 February 2020.
Mr Edward Olphin
Director
Company Registration No. 08399948
Edward Olphin Associates Limited
Notes to the Accounts
for the year ended 28 February 2019
Edward Olphin Associates Limited is a private company, limited by shares, registered in England and Wales, registration number 08399948. The registered office is 55 SOUTH PARK DRIVE, PAPWORTH EVERARD, CAMBRIDGE, CB23 7LQ, 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.
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:
Fixtures & fittings
Straight line basis over 5 years
Computer equipment
Straight line basis over 3 years
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2018
2,928
-
2,928
At 28 February 2019
2,928
500
3,428
At 1 March 2018
2,550
-
2,550
Charge for the year
96
167
263
At 28 February 2019
2,646
167
2,813
At 28 February 2019
282
333
615
At 28 February 2018
378
-
378
Trade debtors
37,589
9,961
Edward Olphin Associates Limited
Notes to the Accounts
for the year ended 28 February 2019
6
Creditors: amounts falling due within one year
2019
2018
Trade creditors
501
2,391
Taxes and social security
(14,535)
(15,293)
Other creditors
16,954
10,129
Loans from directors
(4,699)
(10,226)
7
Average number of employees
During the year the average number of employees was 2 (2018: 2).