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REGISTERED NUMBER: SC339678 (Scotland)















Unaudited Financial Statements

for the Year Ended 31 March 2023

for

Omagh Ltd

Omagh Ltd (Registered number: SC339678)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Omagh Ltd

Company Information
for the Year Ended 31 March 2023







DIRECTOR: J Devlin





REGISTERED OFFICE: Unit 3, Morris Park
37 Rosyth Road
Glasgow
G5 0YD





REGISTERED NUMBER: SC339678 (Scotland)





ACCOUNTANTS: KPP Glasgow South Ltd
Chartered Certified Accountants
Unit 3 , 37 Rosyth Road
Morris Park
Glasgow
G5 0YE

Omagh Ltd (Registered number: SC339678)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,982 4,685

CURRENT ASSETS
Stocks 5 167 152
Debtors 6 5,715 5,715
Cash at bank and in hand 2,692 2,225
8,574 8,092
CREDITORS
Amounts falling due within one year 7 4,694 3,453
NET CURRENT ASSETS 3,880 4,639
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,862

9,324

CREDITORS
Amounts falling due after more than one
year

8

9,718

12,338
NET LIABILITIES (1,856 ) (3,014 )

CAPITAL AND RESERVES
Called up share capital 10 1 1
Retained earnings (1,857 ) (3,015 )
SHAREHOLDERS' FUNDS (1,856 ) (3,014 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Omagh Ltd (Registered number: SC339678)

Balance Sheet - continued
31 March 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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

The financial statements were approved by the director and authorised for issue on 11 October 2023 and were signed by:





J Devlin - Director


Omagh Ltd (Registered number: SC339678)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Omagh Ltd is a private company, limited by shares , registered in Scotland. 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 4 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1 April 2022
and 31 March 2023 8,468 4,000 12,468
DEPRECIATION
At 1 April 2022 6,503 1,280 7,783
Charge for year 295 408 703
At 31 March 2023 6,798 1,688 8,486
NET BOOK VALUE
At 31 March 2023 1,670 2,312 3,982
At 31 March 2022 1,965 2,720 4,685

5. STOCKS
31.3.23 31.3.22
£    £   
Stocks 167 152

Omagh Ltd (Registered number: SC339678)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Debtors 5,715 5,715

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Creditors 1,201 1,199
Tax 1,955 1,739
Social security and other taxes 275 461
Directors' current accounts 1,263 54
4,694 3,453

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.23 31.3.22
£    £   
Other loans (see note 9) 9,718 12,338

9. LOANS

An analysis of the maturity of loans is given below:

31.3.23 31.3.22
£    £   
Amounts falling due between one and two years:
Other loans - 1-2 years 9,718 12,338

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.23 31.3.22
value: £    £   
1 Ordinary £1 1 1