Company registration number:
NI054032
OLS Trading Limited
Trading as
Frank's Bar
Unaudited filleted financial statements
28 February 2019
OLS Trading Limited
Contents
Directors and other information
Statement of financial position and notes to the financial statements
OLS Trading Limited
Directors and other information
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Directors
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Mr Oliver Swift
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Mr Leo Swift
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Secretary
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Mr Leo Swift
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Company number
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NI054032
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Registered office
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181 Main Street
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Lisnaskea
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Co. Fermanagh
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BT92 0JE
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Business address
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181 Main Street
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Lisnaskea
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Co. Fermanagh
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BT92 0JE
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Accountants
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Crudden Dolan Ltd
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23-25 Darling Street
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Enniskillen
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Fermanagh
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BT74 7DP
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OLS Trading Limited
Statement of financial position
28 February 2019
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2019
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2018
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£
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£
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Fixed assets
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10,554
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8,559
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_______
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_______
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Current assets
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117,888
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98,876
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Creditors: amounts falling due within one year
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(
71,539)
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(
68,108)
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_______
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_______
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Net current assets
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46,349
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30,768
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_______
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_______
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Total assets less current liabilities
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56,903
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39,327
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Accruals and deferred income
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(
1,125)
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(
1,125)
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_______
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_______
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Net assets
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55,778
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38,202
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_______
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_______
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Capital and reserves
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55,778
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38,202
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_______
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_______
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OLS Trading Limited
Year ended 28 February 2019
Notes to the financial statements
1.
Employee numbers
The average number of persons employed by the company during the year amounted to
3
(2018:
3
).
2.
Directors advances, credits and guarantees
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During the year the directors entered into the following advances and credits with the company:
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2019
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Balance brought forward
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Advances /(credits) to the directors
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Amounts repaid
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Balance o/standing
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£
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£
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£
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£
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Mr Oliver Swift
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(
3,651)
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(
4,284)
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7,287
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(
648)
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Mr Leo Swift
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(
38,119)
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(
4,284)
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3,665
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(
38,738)
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_______
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_______
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_______
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_______
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(
41,770)
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(
8,568)
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10,952
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(
39,386)
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_______
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_______
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_______
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_______
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2018
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Balance brought forward
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Advances /(credits) to the directors
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Amounts repaid
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Balance o/standing
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£
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£
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£
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£
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Mr Oliver Swift
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(
2,396)
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(
8,790)
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7,535
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(
3,651)
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Mr Leo Swift
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(
54,595)
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-
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16,476
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(
38,119)
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_______
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_______
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_______
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_______
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(
56,991)
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(
8,790)
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24,011
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(
41,770)
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_______
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_______
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_______
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_______
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For the year ending 28 February 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
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The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
30 September 2019
, and are signed on behalf of the board by:
Mr Oliver Swift
Director
Company registration number:
NI054032
The company is a private company limited by shares, registered in Northern Ireland.