Company Registration No. 13779318 (England and Wales)
Oceano Restaurant Limited
Unaudited accounts
for the period from 3 December 2021 to 31 December 2022
Oceano Restaurant Limited
Unaudited accounts
Contents
Oceano Restaurant Limited
Company Information
for the period from 3 December 2021 to 31 December 2022
Directors
Nancy De Paiva De Almeida
Paulo Jorge Teixeira Brites Ladeira
Company Number
13779318 (England and Wales)
Registered Office
381 High Road Leyton
London
E10 5NA
England
Accountants
Saim & Co
Accountants & Tax Consultants
23 Mowbrey Gardens
Loughton
Essex
IG10 2EU
Oceano Restaurant Limited
Statement of financial position
as at 31 December 2022
Cash at bank and in hand
1,789
Creditors: amounts falling due within one year
(20,207)
Net current liabilities
(10,918)
Total assets less current liabilities
7,315
Creditors: amounts falling due after more than one year
(20,000)
Called up share capital
100
Profit and loss account
(12,785)
Shareholders' funds
(12,685)
For the period ending 31 December 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 1 September 2023 and were signed on its behalf by
Nancy De Paiva De Almeida
Director
Company Registration No. 13779318
Oceano Restaurant Limited
Notes to the Accounts
for the period from 3 December 2021 to 31 December 2022
Oceano Restaurant Limited is a private company, limited by shares, registered in England and Wales, registration number 13779318. The registered office is 381 High Road Leyton, London, E10 5NA, England.
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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 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
20% on cost.
Fixtures & fittings
15% on cost.
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Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
Additions
16,700
5,733
22,433
At 31 December 2022
16,700
5,733
22,433
Charge for the period
3,340
860
4,200
At 31 December 2022
3,340
860
4,200
At 31 December 2022
13,360
4,873
18,233
5
Creditors: amounts falling due within one year
2022
Bank loans and overdrafts
10,000
Taxes and social security
6
Loans from directors
8,483
Oceano Restaurant Limited
Notes to the Accounts
for the period from 3 December 2021 to 31 December 2022
6
Creditors: amounts falling due after more than one year
2022
Loans from directors
20,000
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
At 31 December 2022 the company owed £28,483 to directors as a result of loans made to the company. The loans are unsecured and interest free.
The Director's controls the company as a result of controlling directly 100% of the issued share capital.
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Average number of employees
During the period the average number of employees was 3.