Company Registration No. 08833276 (England and Wales)
Olden Property Consulting Limited
Unaudited accounts
for the year ended 31 January 2018
Olden Property Consulting Limited
Unaudited accounts
Contents
Olden Property Consulting Limited
Company Information
for the year ended 31 January 2018
Directors
Julia Olden
Thomas Olden
Company Number
08833276 (England and Wales)
Registered Office
29 PRINCES STREET
TURNBRIDGE WELLS
TN2 4SL
Accountants
Cashel Financial
97 Ballynahinch Rd
Dromara
Co Down
BT25 2AL
Olden Property Consulting Limited
Statement of financial position
as at
31 January 2018
Tangible assets
1,866
1,116
Cash at bank and in hand
134,531
108,819
Creditors: amounts falling due within one year
(43,235)
(60,497)
Net current assets
114,060
82,908
Net assets
115,926
84,024
Called up share capital
2
2
Profit and loss account
115,924
84,022
Shareholders' funds
115,926
84,024
For the year ending 31 January 2018 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.
Approved by the Board on 10 September 2018.
Thomas Olden
Director
Company Registration No. 08833276
Olden Property Consulting Limited
Notes to the Accounts
for the year ended 31 January 2018
Olden Property Consulting Limited is a private company, limited by shares, registered in England and Wales, registration number 08833276. The registered office is 29 PRINCES STREET, TURNBRIDGE WELLS, TN2 4SL.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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% on reducing balance
Computer equipment
33.33% on cost
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2017
794
2,538
3,332
At 31 January 2018
1,367
3,389
4,756
At 1 February 2017
459
1,757
2,216
Charge for the year
160
514
674
At 31 January 2018
619
2,271
2,890
At 31 January 2018
748
1,118
1,866
At 31 January 2017
335
781
1,116
Olden Property Consulting Limited
Notes to the Accounts
for the year ended 31 January 2018
Trade debtors
21,920
33,704
Accrued income and prepayments
494
529
6
Creditors: amounts falling due within one year
2018
2017
Trade creditors
791
1,246
Taxes and social security
41,332
54,489
Loans from directors
1,112
2,062
7
Average number of employees
During the year the average number of employees was 2 (2017: 2).