REGISTERED NUMBER: |
Abridged Unaudited Financial Statements |
for the Period |
1 August 2020 to 31 December 2021 |
for |
Ogden Scott Limited |
REGISTERED NUMBER: |
Abridged Unaudited Financial Statements |
for the Period |
1 August 2020 to 31 December 2021 |
for |
Ogden Scott Limited |
Ogden Scott Limited (Registered number: 12088855) |
Contents of the Financial Statements |
for the Period 1 August 2020 to 31 December 2021 |
Page |
Company Information | 1 |
Abridged Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Ogden Scott Limited |
Company Information |
for the Period 1 August 2020 to 31 December 2021 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
8 Marsden Park |
James Nicolson Link |
Clifton Moor |
York |
YO30 4WX |
Ogden Scott Limited (Registered number: 12088855) |
Abridged Balance Sheet |
31 December 2021 |
2021 | 2020 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES | ( |
) | ( |
) |
CAPITAL AND RESERVES |
Called up share capital | 5 |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
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. |
Ogden Scott Limited (Registered number: 12088855) |
Abridged Balance Sheet - continued |
31 December 2021 |
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 and authorised for issue on |
Ogden Scott Limited (Registered number: 12088855) |
Notes to the Financial Statements |
for the Period 1 August 2020 to 31 December 2021 |
1. | STATUTORY INFORMATION |
Ogden Scott Limited is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Changes in accounting policies |
The depreciation policy changed on 1 August 2020 from 33% on a reducing balance basis to 33% on a straight line basis. |
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 |
Computer equipment | - |
Taxation |
Taxation for the period 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 period 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. |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
Ogden Scott Limited (Registered number: 12088855) |
Notes to the Financial Statements - continued |
for the Period 1 August 2020 to 31 December 2021 |
2. | ACCOUNTING POLICIES - continued |
Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
Going concern |
These accounts were prepared on the going concern basis. The largest creditor is a loan from Castlefield Recruitment Limited which is a company that Castlefield Group Limited (owns 75% of Ogden Scott Limited) is the sole shareholder. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
4. | TANGIBLE FIXED ASSETS |
Computer |
equipment |
£ |
COST |
At 1 August 2020 |
Additions |
At 31 December 2021 |
DEPRECIATION |
At 1 August 2020 |
Charge for period |
At 31 December 2021 |
NET BOOK VALUE |
At 31 December 2021 |
At 31 July 2020 |
5. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2021 | 2020 |
value: | £ | £ |
Ordinary A | £1 | 100 | 100 |
Ordinary B | £1 | 300 | - |
400 | 100 |
300 Ordinary A shares of £1 each were allotted and fully paid for |
Ogden Scott Limited (Registered number: 12088855) |
Notes to the Financial Statements - continued |
for the Period 1 August 2020 to 31 December 2021 |
6. | RELATED PARTY DISCLOSURES |
Included within the creditors at the period ended 31st December 2021 is a loan from Castlefield Recruitment Limited (Castlefield Group Limited is the holding company of Castlefield Recruitment) of £83,945.87 (2020 - £0). |
The company rented office space in the year ended 31st December 2021 from Castlefield Recruitment Limited for the sum of £9,000 (2020 - £0). |
7. | POST BALANCE SHEET EVENTS |
On the 31st January 2022 a fixed and floating charge was registered by HSBC UK Bank PLC over all assets. |
8. | ULTIMATE CONTROLLING PARTY |
The controlling party is Castlefield Group Limited. |
9. | EXTENDED ACCOUNTING PERIOD |
The accounts cover an extended period to 31 December 2021. |
This was to bring the year end in line with the parent company, Castlefield Group Limited. As a result of this comparatives may not be entirely comparable. |
10. | PARENT COMPANY |
The parent company is Castlefield Group Limited, registered at 14 King Street, Leeds, LS1 2HL. This is the smallest group in which the accounts of Ogden Scott Limited are consolidated. |