Company No:
Contents
DIRECTOR | O S T Andrews |
REGISTERED OFFICE | Goodwood House |
Blackbrook Park Avenue | |
Taunton | |
TA1 2PX | |
United Kingdom |
COMPANY NUMBER | 13830180 (England and Wales) |
CHARTERED ACCOUNTANTS | Albert Goodman LLP |
Goodwood House | |
Blackbrook Park Avenue | |
Taunton | |
Somerset | |
TA1 2PX |
Note | 31.03.2023 | |
£ | ||
Fixed assets | ||
Tangible assets | 3 |
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Investment property | 4 |
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521,867 | ||
Current assets | ||
Debtors |
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Cash at bank and in hand | 5 |
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15,701 | ||
Creditors: amounts falling due within one year | 6 | (
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Net current liabilities | (539,911) | |
Total assets less current liabilities | (18,044) | |
Net liabilities | (
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Capital and reserves | ||
Called-up share capital | 7 |
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Profit and loss account | (
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Total shareholder's deficit | (
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Director's responsibilities:
The financial statements of OSTA Properties Ltd (registered number:
O S T Andrews
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.
OSTA Properties Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Goodwood House, Blackbrook Park Avenue, Taunton, TA1 2PX, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.
The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.
Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.
Plant and machinery etc. |
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The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
The fair value is determined annually by the director, on an open market value for existing use basis.
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
Period from 05.01.2022 to 31.03.2023 |
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Number | |
Monthly average number of persons employed by the Company during the period, including the director |
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Plant and machinery etc. | Total | ||
£ | £ | ||
Cost | |||
At 05 January 2022 |
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Additions |
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At 31 March 2023 |
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Accumulated depreciation | |||
At 05 January 2022 |
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Charge for the financial period |
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At 31 March 2023 |
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Net book value | |||
At 31 March 2023 |
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Investment property | |
£ | |
Valuation | |
As at 05 January 2022 |
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Additions | 519,762 |
As at 31 March 2023 |
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31.03.2023 | |
£ | |
Cash at bank and in hand |
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31.03.2023 | |
£ | |
Trade creditors |
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Other creditors |
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31.03.2023 | |
£ | |
Allotted, called-up and fully-paid | |
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