Company Registration No. 11644793 (England and Wales)
'O VER BOROUGH LTD
Unaudited accounts
for the year ended 30 April 2022
'O VER BOROUGH LTD
Unaudited accounts
Contents
'O VER BOROUGH LTD
Company Information
for the year ended 30 April 2022
Company Number
11644793 (England and Wales)
Registered Office
IBC 4-12 REGENT STREET
ST. JAMES'S
LONDON
SW1Y 4PE
ENGLAND
'O VER BOROUGH LTD
Statement of financial position
as at 30 April 2022
Tangible assets
6,116
6,594
Cash at bank and in hand
181,104
359,313
Creditors: amounts falling due within one year
(434,636)
(327,704)
Net current assets
512,794
625,476
Total assets less current liabilities
518,910
632,070
Creditors: amounts falling due after more than one year
(208,250)
(245,000)
Net assets
310,660
387,070
Called up share capital
1,000
1,000
Profit and loss account
309,660
386,070
Shareholders' funds
310,660
387,070
For the year ending 30 April 2022 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.
The financial statements were approved by the Board and authorised for issue on 5 July 2023 and were signed on its behalf by
Mauro Palomba
Director
Company Registration No. 11644793
'O VER BOROUGH LTD
Notes to the Accounts
for the year ended 30 April 2022
'O VER BOROUGH LTD is a private company, limited by shares, registered in England and Wales, registration number 11644793. The registered office is IBC 4-12 REGENT STREET, ST. JAMES'S, LONDON, SW1Y 4PE, 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:
Plant & machinery
25% Straight Line
Fixtures & fittings
25% Straight Line
Computer equipment
25% Straight Line
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Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2021
3,021
2,876
1,083
6,980
At 30 April 2022
3,021
4,364
1,083
8,468
At 1 May 2021
251
-
135
386
Charge for the year
755
940
271
1,966
At 30 April 2022
1,006
940
406
2,352
At 30 April 2022
2,015
3,424
677
6,116
At 30 April 2021
2,770
2,876
948
6,594
'O VER BOROUGH LTD
Notes to the Accounts
for the year ended 30 April 2022
Amounts falling due within one year
Amounts due from group undertakings etc.
735,881
543,563
Accrued income and prepayments
-
31,000
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2022
2021
Trade creditors
215,601
119,014
Amounts owed to group undertakings and other participating interests
28,191
29,832
Taxes and social security
39,779
78,825
Other creditors
66,024
29,086
Loans from directors
19,494
-
7
Creditors: amounts falling due after more than one year
2022
2021
Bank loans
208,250
245,000
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Average number of employees
During the year the average number of employees was 21 (2021: 21).