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Company Registration No. 08403569 (England and Wales)
OSC SOLUTIONS LIMITED Unaudited accounts for the year ended 31 December 2022
OSC SOLUTIONS LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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OSC SOLUTIONS LIMITED Company Information for the year ended 31 December 2022
Director
Mr P S Crossley
Company Number
08403569 (England and Wales)
Registered Office
UNIT 27 STATION HILL THURSTON BURY ST. EDMUNDS SUFFOLK IP31 3QU ENGLAND
Accountants
ABBEYGATE ACCOUNTANCY LTD UNIT 27 STATION HILL THURSTON BURY ST. EDMUNDS ENGLAND IP31 3QU
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OSC SOLUTIONS LIMITED Statement of financial position as at 31 December 2022
2022
2021
Notes
£
£
Fixed assets
Tangible assets
4
-
2,196
Investments
5
-
45,000
-
47,196
Current assets
Debtors
6
2,867
52,867
Cash at bank and in hand
449
2,892
3,316
55,759
Creditors: amounts falling due within one year
7
(1,480)
(1,646)
Net current assets
1,836
54,113
Total assets less current liabilities
1,836
101,309
Creditors: amounts falling due after more than one year
8
(48,273)
(50,000)
Provisions for liabilities
Deferred tax
-
(417)
Net (liabilities)/assets
(46,437)
50,892
Capital and reserves
Called up share capital
2
2
Profit and loss account
(46,439)
50,890
Shareholders' funds
(46,437)
50,892
For the year ending 31 December 2022 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 21 September 2023 and were signed on its behalf by
Mr P S Crossley Director Company Registration No. 08403569
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OSC SOLUTIONS LIMITED Notes to the Accounts for the year ended 31 December 2022
1
Statutory information
OSC SOLUTIONS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08403569. The registered office is UNIT 27 STATION HILL, THURSTON, BURY ST. EDMUNDS, SUFFOLK, IP31 3QU, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Fixtures & fittings
25% on reducing balance
4
Tangible fixed assets
Fixtures & fittings
£
Cost or valuation
At cost
At 1 January 2022
5,507
Disposals
(5,507)
At 31 December 2022
-
Depreciation
At 1 January 2022
3,311
On disposals
(3,311)
At 31 December 2022
-
Net book value
At 31 December 2022
-
At 31 December 2021
2,196
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OSC SOLUTIONS LIMITED Notes to the Accounts for the year ended 31 December 2022
5
Investments
Other investments
£
Valuation at 1 January 2022
45,000
Disposals
(45,000)
Valuation at 31 December 2022
-
6
Debtors
2022
2021
£
£
Amounts falling due within one year
Other debtors
2,867
2,867
Amounts falling due after more than one year
Other debtors
-
50,000
7
Creditors: amounts falling due within one year
2022
2021
£
£
VAT
569
-
Loans from directors
911
1,646
1,480
1,646
8
Creditors: amounts falling due after more than one year
2022
2021
£
£
Bank loans
48,273
50,000
9
Average number of employees
During the year the average number of employees was 0 (2021: 2).
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