IRIS Accounts Production v23.3.0.418 05005659 Board of Directors 1.4.22 31.3.23 31.3.23 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure050056592022-03-31050056592023-03-31050056592022-04-012023-03-31050056592021-03-31050056592021-04-012022-03-31050056592022-03-3105005659ns16:EnglandWales2022-04-012023-03-3105005659ns15:PoundSterling2022-04-012023-03-3105005659ns11:Director12022-04-012023-03-3105005659ns11:PrivateLimitedCompanyLtd2022-04-012023-03-3105005659ns11:SmallEntities2022-04-012023-03-3105005659ns11:AuditExemptWithAccountantsReport2022-04-012023-03-3105005659ns11:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3105005659ns11:SmallCompaniesRegimeForAccounts2022-04-012023-03-3105005659ns11:FullAccounts2022-04-012023-03-3105005659ns11:Director22022-04-012023-03-3105005659ns11:CompanySecretary12022-04-012023-03-3105005659ns11:RegisteredOffice2022-04-012023-03-3105005659ns6:CurrentFinancialInstruments2023-03-3105005659ns6:CurrentFinancialInstruments2022-03-3105005659ns6:ShareCapital2023-03-3105005659ns6:ShareCapital2022-03-3105005659ns6:RetainedEarningsAccumulatedLosses2023-03-3105005659ns6:RetainedEarningsAccumulatedLosses2022-03-3105005659ns6:ComputerEquipment2022-04-012023-03-3105005659ns6:ComputerEquipment2022-03-3105005659ns6:ComputerEquipment2023-03-3105005659ns6:ComputerEquipment2022-03-3105005659ns6:WithinOneYearns6:CurrentFinancialInstruments2023-03-3105005659ns6:WithinOneYearns6:CurrentFinancialInstruments2022-03-31
REGISTERED NUMBER: 05005659 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 March 2023

for

Oscarjames Ltd

Oscarjames Ltd (Registered number: 05005659)






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




Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 4 to 5


Oscarjames Ltd

Company Information
for the Year Ended 31 March 2023







DIRECTORS: Mrs D M Whiteside
O T M Whiteside





SECRETARY: O T M Whiteside





REGISTERED OFFICE: 5 West Court
Enterprise Road
Maidstone
Kent
ME15 6JD





REGISTERED NUMBER: 05005659 (England and Wales)





ACCOUNTANTS: Charcroft Baker LLP
Chartered Accountants
5 West Court
Enterprise Road
Maidstone
Kent
ME15 6JD

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Oscarjames Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Oscarjames Ltd for the year ended 31 March 2023 which comprise the Income Statement, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Oscarjames Ltd, as a body, in accordance with the terms of our engagement letter dated 18 September 2018. Our work has been undertaken solely to prepare for your approval the financial statements of Oscarjames Ltd and state those matters that we have agreed to state to the Board of Directors of Oscarjames Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Oscarjames Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Oscarjames Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Oscarjames Ltd. You consider that Oscarjames Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Oscarjames Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Charcroft Baker LLP
Chartered Accountants
5 West Court
Enterprise Road
Maidstone
Kent
ME15 6JD


16 October 2023

Oscarjames Ltd (Registered number: 05005659)

Statement of Financial Position
31 March 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 - -

CURRENT ASSETS
Debtors 5 54,018 10,057
Cash at bank 128,562 113,179
182,580 123,236
CREDITORS
Amounts falling due within one year 6 146,888 91,143
NET CURRENT ASSETS 35,692 32,093
TOTAL ASSETS LESS CURRENT
LIABILITIES

35,692

32,093

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 35,690 32,091
SHAREHOLDERS' FUNDS 35,692 32,093

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 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.

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 Board of Directors and authorised for issue on 16 October 2023 and were signed on its behalf by:





O T M Whiteside - Director


Oscarjames Ltd (Registered number: 05005659)

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

1. STATUTORY INFORMATION

Oscarjames Ltd 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 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.

Revenue is recognised in turnover on long-term contracts when the final outcome can be estimated reliably by reference to the stage of completion of the contract.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Computer equipment - 33% on cost

Leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 April 2022
and 31 March 2023 1,350
DEPRECIATION
At 1 April 2022
and 31 March 2023 1,350
NET BOOK VALUE
At 31 March 2023 -
At 31 March 2022 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 50,623 8,387
Other debtors 3,395 1,670
54,018 10,057

Oscarjames Ltd (Registered number: 05005659)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 532 1,596
Taxation and social security 15,683 9,055
Other creditors 130,673 80,492
146,888 91,143

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included in other creditors is £127,043 (2022: £65,023) due to the directors in respect of their loan accounts. The loans are interest free, unsecured and repayable on demand.