Company Registration No. 10449123 (England and Wales)
OM IS WHERE THE HEART IS LIMITED
Unaudited accounts
for the year ended 31 October 2019
OM IS WHERE THE HEART IS LIMITED
Unaudited accounts
Contents
OM IS WHERE THE HEART IS LIMITED
Company Information
for the year ended 31 October 2019
Directors
ELEANOR LITU
ALEXANDRU LITU
Company Number
10449123 (England and Wales)
Registered Office
23A CARR LANE
SLAITHWAITE
HUDDERSFIELD
HD7 5AG
Accountants
Sara Armitage
Greystones Pike Law Road
Golcar
Huddersfield
HD7 4NL
OM IS WHERE THE HEART IS LIMITED
Statement of financial position
as at
31 October 2019
Tangible assets
73,109
68,619
Cash at bank and in hand
9,170
8,489
Creditors: amounts falling due within one year
(115,857)
(92,450)
Net current liabilities
(86,648)
(67,564)
Total assets less current liabilities
(13,539)
1,055
Creditors: amounts falling due after more than one year
(44,463)
-
Net (liabilities)/assets
(58,002)
1,055
Called up share capital
2
2
Profit and loss account
(58,004)
1,053
Shareholders' funds
(58,002)
1,055
For the year ending 31 October 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 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 15 April 2020 and were signed on its behalf by
ELEANOR LITU
Director
Company Registration No. 10449123
OM IS WHERE THE HEART IS LIMITED
Notes to the Accounts
for the year ended 31 October 2019
OM IS WHERE THE HEART IS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10449123. The registered office is 23A CARR LANE, SLAITHWAITE, HUDDERSFIELD, HD7 5AG.
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:
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 November 2018
36,590
52,032
88,622
Additions
-
17,392
17,392
At 31 October 2019
36,590
69,424
106,014
At 1 November 2018
6,657
13,346
20,003
Charge for the year
4,490
8,412
12,902
At 31 October 2019
11,147
21,758
32,905
At 31 October 2019
25,443
47,666
73,109
At 31 October 2018
29,933
38,686
68,619
OM IS WHERE THE HEART IS LIMITED
Notes to the Accounts
for the year ended 31 October 2019
Accrued income and prepayments
16,397
16,397
7
Creditors: amounts falling due within one year
2019
2018
Trade creditors
5,616
2,357
Taxes and social security
22,041
12,889
Loans from directors
85,015
77,204
8
Creditors: amounts falling due after more than one year
2019
2018
Amounts owed to group undertakings and other participating interests
33,101
-
9
Average number of employees
During the year the average number of employees was 0 (2018: 0).