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REGISTERED NUMBER: 08390934 (England and Wales)














OPPO BROTHERS LIMITED

REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018






OPPO BROTHERS LIMITED (REGISTERED NUMBER: 08390934)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018




Page

Company Information 1

Report of the Directors 2

Balance Sheet 3

Notes to the Financial Statements 5


OPPO BROTHERS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2018







DIRECTORS: M I Escolme
C F Thuillier
H N Thuillier





SECRETARY: H F Thuillier





REGISTERED OFFICE: Studio 3.05 Food Exchange
New Covent Garden Market
London
Greater London
SW8 5BL





REGISTERED NUMBER: 08390934 (England and Wales)





ACCOUNTANTS: Morris Crocker
Chartered Accountants
Station House
North Street
Havant
Hampshire
PO9 1QU

OPPO BROTHERS LIMITED (REGISTERED NUMBER: 08390934)

REPORT OF THE DIRECTORS
FOR THE YEAR ENDED 31 MARCH 2018

The directors present their report with the financial statements of the company for the year ended 31 March 2018.

PRINCIPAL ACTIVITY
The principal activities of Oppo Brothers Ltd for the year were production of low calorie ice cream, selling this
to retailers and wholesalers across the UK and Europe, and generating PR, sampling at events, running store
promotions and building digital presence to drive consumer purchasing in store.

REVIEW OF BUSINESS
The level of business grew significantly, with new supermarket listings in the UK and successful launches into
five major supermarket chains in Europe.

FUTURE DEVELOPMENTS
Oppo Brothers Ltd will continue to develop in line with its mission to create temptation you never need to
resist. This includes launching new flavours and a line of single-serve low-calorie cheesecakes in UK
supermarkets, and continuing to grow awareness for Oppo Ice Cream and Puds across Europe to build rate
of sale in Retailers and Wholesalers.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 April 2017 to the date of this
report.

M I Escolme
C F Thuillier
H N Thuillier

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006
relating to small companies.

ON BEHALF OF THE BOARD:





C F Thuillier - Director


8 June 2018

OPPO BROTHERS LIMITED (REGISTERED NUMBER: 08390934)

BALANCE SHEET
31 MARCH 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 16,180 9,486

CURRENT ASSETS
Stocks 526,276 260,523
Debtors 5 819,316 112,184
Cash at bank 157,192 418,980
1,502,784 791,687
CREDITORS
Amounts falling due within one year 6 1,083,427 148,466
NET CURRENT ASSETS 419,357 643,221
TOTAL ASSETS LESS CURRENT
LIABILITIES

435,537

652,707

CREDITORS
Amounts falling due after more than one
year

7

-

464,300
NET ASSETS 435,537 188,407

CAPITAL AND RESERVES
Called up share capital 9 10,415 10,415
Share premium 696,111 696,111
Retained earnings (270,989 ) (518,119 )
SHAREHOLDERS' FUNDS 435,537 188,407

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a) ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the
Companies Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affairs of the company as at
the end of each financial year and of its profit or loss for each financial year in accordance with the
requirements of Sections 394 and 395 and which otherwise comply with the requirements of the
Companies Act 2006 relating to financial statements, so far as applicable to the company.

OPPO BROTHERS LIMITED (REGISTERED NUMBER: 08390934)

BALANCE SHEET - continued
31 MARCH 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 8 June 2018 and were signed on its
behalf by:





C F Thuillier - Director


OPPO BROTHERS LIMITED (REGISTERED NUMBER: 08390934)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018

1. STATUTORY INFORMATION

Oppo Brothers Limited is a private company, limited by shares , registered in England and Wales. The
company's registered number and registered office address can be found on the Company Information
page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,
rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - over the period of the lease
Plant and machinery - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for
obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,
except to the extent that it relates to items recognised in other comprehensive income or directly in
equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been
enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at
the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods
different from those in which they are recognised in financial statements. Deferred tax is measured
using tax rates and laws that have been enacted or substantively enacted by the year end and that are
expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable
that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2017 - 8 ) .

OPPO BROTHERS LIMITED (REGISTERED NUMBER: 08390934)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2018

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2017 17,908
Additions 15,662
Disposals (3,545 )
At 31 March 2018 30,025
DEPRECIATION
At 1 April 2017 8,422
Charge for year 7,468
Eliminated on disposal (2,045 )
At 31 March 2018 13,845
NET BOOK VALUE
At 31 March 2018 16,180
At 31 March 2017 9,486

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 745,530 103,520
Other debtors 73,786 8,664
819,316 112,184

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade creditors 455,266 133,037
Taxation and social security 42,277 13,829
Other creditors 585,884 1,600
1,083,427 148,466

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2018 2017
£    £   
Other creditors - 464,300

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2018 2017
£    £   
Within one year 9,103 -

OPPO BROTHERS LIMITED (REGISTERED NUMBER: 08390934)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2018

9. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2018 2017
value: £    £   
1,041,478 Ordinary 0.01 10,415 10,415