OSHIATAU LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023
Oshiatau Ltd is a private company, limited by shares, incorporated in Scotland with registration number SC745758. The registered office address is Pentland House, Saltire Centre, Glenrothes, Fife, Scotland, KY6 2AH.
The Company was incorporated on 29 September 2022 and the accounting period was shortened to 31 March 2023.
The financial statements are presented in Sterling which is the functional currency of the Company and rounded to the nearest £1.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
The following principal accounting policies have been applied:
Investments in subsidiaries are measured at cost less accumulated impairment.
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
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The average monthly number of employees, including directors, during the period was 2.
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