Company Registration No. 12820006 (England and Wales)
OPEN UMBRELLA LTD
Unaudited accounts
for the year ended 31 August 2022
OPEN UMBRELLA LTD
Unaudited accounts
Contents
OPEN UMBRELLA LTD
Company Information
for the year ended 31 August 2022
Directors
Mrs L Devonshire-Mander
Mr J Devonshire-Mander
Company Number
12820006 (England and Wales)
Registered Office
20 HIGH STREET
SHARNBROOK
BEDFORD
MK44 1PG
ENGLAND
Accountants
SQK Accountancy Limited
275 Deansgate
Manchester
North West England
M3 4EL
OPEN UMBRELLA LTD
Accountants' report
Accountants' report to the board of directors of OPEN UMBRELLA LTD on the preparation of the unaudited statutory accounts for the year ended 31 August 2022
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
OPEN UMBRELLA LTD for the year ended
31 August 2022 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of OPEN UMBRELLA LTD, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of OPEN UMBRELLA LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than OPEN UMBRELLA LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that OPEN UMBRELLA LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of OPEN UMBRELLA LTD. You consider that OPEN UMBRELLA LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of OPEN UMBRELLA LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
SQK Accountancy Limited
275 Deansgate
Manchester
North West England
M3 4EL
23 May 2023
OPEN UMBRELLA LTD
Statement of financial position
as at 31 August 2022
Tangible assets
3,718
4,726
Cash at bank and in hand
15,143
18,059
Creditors: amounts falling due within one year
(4,804)
(5,496)
Net current assets
14,413
12,859
Called up share capital
2
2
Profit and loss account
18,129
17,583
Shareholders' funds
18,131
17,585
For the year ending 31 August 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 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 24 May 2023 and were signed on its behalf by
Mr J Devonshire-Mander
Director
Company Registration No. 12820006
OPEN UMBRELLA LTD
Notes to the Accounts
for the year ended 31 August 2022
OPEN UMBRELLA LTD is a private company, limited by shares, registered in England and Wales, registration number 12820006. The registered office is 20 HIGH STREET, SHARNBROOK, BEDFORD, MK44 1PG, 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
20% Reducing Balance
Computer equipment
25% Reducing Balance
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 September 2021
2,641
3,484
6,125
At 31 August 2022
2,726
3,484
6,210
At 1 September 2021
528
871
1,399
Charge for the year
440
653
1,093
At 31 August 2022
968
1,524
2,492
At 31 August 2022
1,758
1,960
3,718
At 31 August 2021
2,113
2,613
4,726
OPEN UMBRELLA LTD
Notes to the Accounts
for the year ended 31 August 2022
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
1,549
3,120
Loans from directors
2,255
-
7
Average number of employees
During the year the average number of employees was 0 (2021: 0).