Company Registration No. SC630109 (Scotland)
OPC Industries Ltd
Unaudited accounts
for the period from 10 May 2019 to 31 May 2020
OPC Industries Ltd
Unaudited accounts
Contents
OPC Industries Ltd
Company Information
for the period from 10 May 2019 to 31 May 2020
Director
Callum James Stott
Company Number
SC630109 (Scotland)
Registered Office
40A SPEIRS WHARF
GLASGOW
G4 9TH
SCOTLAND
Accountants
TaxKings Ltd
40a Speirs Wharf
Glasgow
G4 9TH
OPC Industries Ltd
Statement of financial position
as at
31 May 2020
Cash at bank and in hand
56,640
Creditors: amounts falling due within one year
(52,118)
Called up share capital
1,000
Profit and loss account
4,629
Shareholders' funds
5,629
For the period ending 31 May 2020 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 19 January 2020 and were signed on its behalf by
Callum James Stott
Director
Company Registration No. SC630109
OPC Industries Ltd
Notes to the Accounts
for the period from 10 May 2019 to 31 May 2020
OPC Industries Ltd is a private company, limited by shares, registered in Scotland, registration number SC630109. The registered office is 40A SPEIRS WHARF, GLASGOW, G4 9TH, SCOTLAND.
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.
These financial statements for the period from 10 May 2019 to 31 May 2020 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 10 May 2019.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
5
Creditors: amounts falling due within one year
2020
Taxes and social security
12,567
Loans from directors
39,501
6
Average number of employees
During the period the average number of employees was 0.