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REGISTERED NUMBER: 13777755 (England and Wales)






Financial Statements

for the Year Ended 30 April 2023

for

OLIVER SWEENEY GROUP LIMITED

OLIVER SWEENEY GROUP LIMITED (REGISTERED NUMBER: 13777755)

Contents of the Financial Statements
for the Year Ended 30 April 2023










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


OLIVER SWEENEY GROUP LIMITED

Company Information
for the Year Ended 30 April 2023







DIRECTORS: T C Cooper
M H Helfgott
T A Thomson
D Polunina





SECRETARY: W T Tremellen





REGISTERED OFFICE: Block B
Imperial Works
Perren Street
London
NW5 3ED





REGISTERED NUMBER: 13777755 (England and Wales)





AUDITORS: Pembroke Briggs Chartered Accountants
1a The Quadrant Courtyard
Quadrant Way
Weybridge
Surrey
KT13 8DR

OLIVER SWEENEY GROUP LIMITED (REGISTERED NUMBER: 13777755)

Abridged Balance Sheet
30 April 2023

30.4.23 30.4.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 438,588 -
Investments 5 1,232,360 1,232,360
1,670,948 1,232,360

CURRENT ASSETS
Cash at bank 4,555 -

CREDITORS
Amounts falling due within one
year

472,828

35,001
NET CURRENT LIABILITIES (468,273 ) (35,001 )
TOTAL ASSETS LESS
CURRENT LIABILITIES

1,202,675

1,197,359

CREDITORS
Amounts falling due after more
than one year

1,231,359

1,231,359
NET LIABILITIES (28,684 ) (34,000 )

CAPITAL AND RESERVES
Called up share capital 6 1,000 1,000
Retained earnings (29,684 ) (35,000 )
SHAREHOLDERS' FUNDS (28,684 ) (34,000 )

OLIVER SWEENEY GROUP LIMITED (REGISTERED NUMBER: 13777755)

Abridged Balance Sheet - continued
30 April 2023


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 April 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 29 September 2023 and were signed on its behalf by:





T C Cooper - Director


OLIVER SWEENEY GROUP LIMITED (REGISTERED NUMBER: 13777755)

Notes to the Financial Statements
for the Year Ended 30 April 2023


1. STATUTORY INFORMATION

Oliver Sweeney Group Limited 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Intellectual property are being amortised evenly over their estimated useful life of nil years.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year 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.


OLIVER SWEENEY GROUP LIMITED (REGISTERED NUMBER: 13777755)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023


2. ACCOUNTING POLICIES - continued
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 year 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.

3. EMPLOYEES AND DIRECTORS

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

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
Additions 486,639
At 30 April 2023 486,639
AMORTISATION
Amortisation for year 48,051
At 30 April 2023 48,051
NET BOOK VALUE

At 30 April 2023 438,588

OLIVER SWEENEY GROUP LIMITED (REGISTERED NUMBER: 13777755)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023


5. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 May 2022
and 30 April 2023 1,232,360
NET BOOK VALUE
At 30 April 2023 1,232,360
At 30 April 2022 1,232,360

6. CALLED UP SHARE CAPITAL



Allotted, issued and fully paid:
Number: Class: Nominal 30.4.23 30.4.22
value: £    £   
60,033 Ordinary 0.01 600 600
39,966 A Ordinary 0.01 400 400
1,000 1,000

7. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

S Briggs (Senior Statutory Auditor)
for and on behalf of Pembroke Briggs Chartered Accountants

8. CONTINGENT LIABILITIES

A Composite Guarantee dated 29 April 2022 was entered into by Oliver Sweeney Group and Oliver Sweeney Licensing Limited in favour of BGF Nominees Limited.