Company Registration No. 10274350 (England and Wales)
Ohaks Consults Limited
Unaudited accounts
for the year ended 31 July 2018
Ohaks Consults Limited
Unaudited accounts
Contents
Ohaks Consults Limited
Company Information
for the year ended 31 July 2018
Director
Dr Istiphanus O. Ohakanu
Company Number
10274350 (England and Wales)
Registered Office
16 MOORCROFT LANE
HEREFORD
HR1 1FA
ENGLAND
Ohaks Consults Limited
Statement of financial position
as at
31 July 2018
Tangible assets
18,253
21,368
Cash at bank and in hand
33,440
5,307
Creditors: amounts falling due within one year
(27,808)
(13,623)
Net current assets
63,881
23,321
Total assets less current liabilities
82,134
44,689
Creditors: amounts falling due after more than one year
-
(14,220)
Called up share capital
10
10
Profit and loss account
82,124
30,459
Shareholders' funds
82,134
30,469
For the year ending 31 July 2018 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.
Approved by the Board on 4 February 2019.
Dr Istiphanus O. Ohakanu
Director
Company Registration No. 10274350
Ohaks Consults Limited
Notes to the Accounts
for the year ended 31 July 2018
Ohaks Consults Limited is a private company, limited by shares, registered in England and Wales, registration number 10274350. The registered office is 16 MOORCROFT LANE, HEREFORD, HR1 1FA, 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:
Motor vehicles
18% Straight Line
Computer equipment
10% Straight line
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 August 2017
23,640
2,203
25,843
At 31 July 2018
23,640
3,714
27,354
At 1 August 2017
4,255
220
4,475
Charge for the year
4,255
371
4,626
At 31 July 2018
8,510
591
9,101
At 31 July 2018
15,130
3,123
18,253
At 31 July 2017
19,385
1,983
21,368
Other debtors
58,249
31,637
Ohaks Consults Limited
Notes to the Accounts
for the year ended 31 July 2018
6
Creditors: amounts falling due within one year
2018
2017
Obligations under finance leases and hire purchase contracts
14,264
4,728
Trade creditors
1,200
700
Taxes and social security
12,031
8,195
7
Creditors: amounts falling due after more than one year
2018
2017
Obligations under finance leases and hire purchase contracts
-
14,220
8
Share capital
2018
2017
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10
10
9
Average number of employees
During the year the average number of employees was 2 (2017: 2).