Company Registration No. 07073885 (England and Wales)
O-JAY TRADING LIMITED
ANNUAL REPORT AND UNAUDITED ACCOUNTS
for the year ended 31 December 2021
O-JAY TRADING LIMITED
ANNUAL REPORT AND UNAUDITED ACCOUNTS
Contents
O-JAY TRADING LIMITED
Company Information
for the year ended 31 December 2021
Company Number
07073885 (England and Wales)
Registered Office
28 MEREFIELD STREET
ROCHDALE
LANCASHIRE
OL11 3RU
O-JAY TRADING LIMITED
Statement of financial position
as at
31 December 2021
Tangible assets
2,063
2,437
Inventories
39,157
38,254
Cash at bank and in hand
17,741
49,556
Creditors: amounts falling due within one year
(10,125)
(13,069)
Net current assets
73,731
76,303
Total assets less current liabilities
75,794
78,740
Creditors: amounts falling due after more than one year
(62,336)
(65,691)
Called up share capital
100
100
Profit and loss account
13,358
12,949
Shareholders' funds
13,458
13,049
For the year ending 31 December 2021 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 30 September 2022 and were signed on its behalf by
MOHAMMED SAEED
Director
Company Registration No. 07073885
O-JAY TRADING LIMITED
Notes to the Accounts
for the year ended 31 December 2021
O-JAY TRADING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07073885. The registered office is 28 MEREFIELD STREET, ROCHDALE, LANCASHIRE, OL11 3RU.
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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2021
950
1,000
10,468
12,418
At 31 December 2021
1,915
1,000
10,468
13,383
At 1 January 2021
830
100
9,051
9,981
Charge for the year
192
100
1,047
1,339
At 31 December 2021
1,022
200
10,098
11,320
At 31 December 2021
893
800
370
2,063
At 31 December 2020
120
900
1,417
2,437
O-JAY TRADING LIMITED
Notes to the Accounts
for the year ended 31 December 2021
5
Debtors: amounts falling due within one year
2021
2020
6
Creditors: amounts falling due within one year
2021
2020
Trade creditors
6,225
8,355
Taxes and social security
3,900
4,714
7
Creditors: amounts falling due after more than one year
2021
2020
Loans from directors
23,191
23,191
8
Average number of employees
During the year the average number of employees was 6 (2020: 6).