Company registration number 11768051 (England and Wales)
OM MADE LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JANUARY 2023
OM MADE LTD
CONTENTS
Page
Balance sheet
2
Notes to the financial statements
3 - 4
OM MADE LTD
BALANCE SHEET
AS AT
30 JANUARY 2023
30 January 2023
- 2 -
30 January 2023
31 January 2022
Notes
£
£
£
£
Fixed assets
Tangible assets
3
392
280
Current assets
Cash at bank and in hand
1,239
623
Creditors: amounts falling due within one year
4
(4,888)
(3,246)
Net current liabilities
(3,649)
(2,623)
Net liabilities
(3,257)
(2,343)
Capital and reserves
Called up share capital
5
2
2
Profit and loss reserves
(3,259)
(2,345)
Total equity
(3,257)
(2,343)
The notes on pages 3 to 4 form part of these financial statements.
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
For the financial Period ended 30 January 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the Period in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 27 January 2024 and are signed on its behalf by:
Mrs S Lukawski
Miss S Baggio
Director
Director
Company registration number 11768051 (England and Wales)
OM MADE LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JANUARY 2023
- 3 -
1
Accounting policies
Company information
Om Made Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 107 Victoria Road, London, United Kingdom, NW6 6TD.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Going concern
The accounts are prepared on the going concern basis on the assumption that the company's creditors, in particular the company's directors, continue to provide financial support to the company.
1.3
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates value added tax and other sales taxes.
1.4
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Plant and equipment
20% on cost
2
Employees
The average monthly number of persons (including directors) employed by the company during the Period was:
2023
2022
Number
Number
Total
2
2
OM MADE LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 30 JANUARY 2023
- 4 -
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 February 2022
350
Additions
210
At 30 January 2023
560
Depreciation and impairment
At 1 February 2022
70
Depreciation charged in the Period
98
At 30 January 2023
168
Carrying amount
At 30 January 2023
392
At 31 January 2022
280
4
Creditors: amounts falling due within one year
2023
2022
£
£
Other creditors
4,888
3,246
5
Called up share capital
2023
2022
2023
2022
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary of £1 each
2
2
2
2