Caseware UK (AP4) 2022.0.179 2022.0.179 2023-04-302023-04-30No description of principal activityfalse2022-05-01false2524trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08507286 2022-05-01 2023-04-30 08507286 2021-05-01 2022-04-30 08507286 2023-04-30 08507286 2022-04-30 08507286 c:Director1 2022-05-01 2023-04-30 08507286 c:Director2 2022-05-01 2023-04-30 08507286 d:Buildings d:LongLeaseholdAssets 2022-05-01 2023-04-30 08507286 d:Buildings d:LongLeaseholdAssets 2023-04-30 08507286 d:Buildings d:LongLeaseholdAssets 2022-04-30 08507286 d:OfficeEquipment 2022-05-01 2023-04-30 08507286 d:OfficeEquipment 2023-04-30 08507286 d:OfficeEquipment 2022-04-30 08507286 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-05-01 2023-04-30 08507286 d:OwnedOrFreeholdAssets 2022-05-01 2023-04-30 08507286 d:Goodwill 2022-05-01 2023-04-30 08507286 d:Goodwill 2023-04-30 08507286 d:Goodwill 2022-04-30 08507286 d:CurrentFinancialInstruments 2023-04-30 08507286 d:CurrentFinancialInstruments 2022-04-30 08507286 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 08507286 d:CurrentFinancialInstruments d:WithinOneYear 2022-04-30 08507286 d:ShareCapital 2023-04-30 08507286 d:ShareCapital 2022-04-30 08507286 d:SharePremium 2023-04-30 08507286 d:SharePremium 2022-04-30 08507286 d:RetainedEarningsAccumulatedLosses 2023-04-30 08507286 d:RetainedEarningsAccumulatedLosses 2022-04-30 08507286 c:OrdinaryShareClass2 2022-05-01 2023-04-30 08507286 c:OrdinaryShareClass2 2023-04-30 08507286 c:OrdinaryShareClass2 2022-04-30 08507286 c:OrdinaryShareClass3 2022-05-01 2023-04-30 08507286 c:OrdinaryShareClass3 2023-04-30 08507286 c:OrdinaryShareClass3 2022-04-30 08507286 c:OrdinaryShareClass4 2022-05-01 2023-04-30 08507286 c:OrdinaryShareClass4 2023-04-30 08507286 c:OrdinaryShareClass4 2022-04-30 08507286 c:OrdinaryShareClass5 2022-05-01 2023-04-30 08507286 c:OrdinaryShareClass5 2023-04-30 08507286 c:OrdinaryShareClass5 2022-04-30 08507286 c:FRS102 2022-05-01 2023-04-30 08507286 c:AuditExempt-NoAccountantsReport 2022-05-01 2023-04-30 08507286 c:FullAccounts 2022-05-01 2023-04-30 08507286 c:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 08507286 d:AcceleratedTaxDepreciationDeferredTax 2023-04-30 08507286 d:AcceleratedTaxDepreciationDeferredTax 2022-04-30 08507286 2 2022-05-01 2023-04-30 08507286 6 2022-05-01 2023-04-30 08507286 d:Goodwill d:OwnedIntangibleAssets 2022-05-01 2023-04-30 iso4217:GBP xbrli:shares xbrli:pure
Registered number: 08507286














OSG ARCHITECTURE LIMITED
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 30 APRIL 2023

 
OSG ARCHITECTURE LIMITED
REGISTERED NUMBER: 08507286

BALANCE SHEET
AS AT 30 APRIL 2023

2023
2022
Note

Fixed assets
  

Intangible assets
 4 
83
1,083

Tangible assets
 5 
40,186
24,877

Investments
 6 
-
44,000

  
40,269
69,960

Current assets
  

Debtors: amounts falling due within one year
 7 
571,459
321,528

Cash at bank and in hand
  
169,934
214,541

  
741,393
536,069

Creditors: amounts falling due within one year
 8 
(285,786)
(166,640)

Net current assets
  
 
 
455,607
 
 
369,429

Total assets less current liabilities
  
495,876
439,389

Provisions for liabilities
  

Deferred tax
 9 
(7,948)
(6,219)

  
 
 
(7,948)
 
 
(6,219)

Net assets
  
£487,928
£433,170


Capital and reserves
  

Called up share capital 
 10 
125
125

Share premium account
  
29,975
29,975

Profit and loss account
  
457,828
403,070

  
£487,928
£433,170


Page 1

 
OSG ARCHITECTURE LIMITED
REGISTERED NUMBER: 08507286

BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 27 October 2023.




___________________________
Mr S M Gee
___________________________
Mr K E Owen
Director
Director

The notes on pages 3 to 9 form part of these financial statements.

Page 2

 
OSG ARCHITECTURE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

1.


General information

OSG Architecture Limited is a private company limited by shares. The company registration number is 08507286 and is incorporated in England and Wales. 
       The registered office of the company is:
       Henwood House
       Henwood
       Ashford
       Kent
       TN24 8DH

2.Accounting policies

 
2.1

Basis of preparation of financial statements

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:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
OSG ARCHITECTURE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

2.Accounting policies (continued)

 
2.3

Intangible assets

Goodwill

Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the Statement of Income and Retained Earnings over its useful economic life.

Other intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Long-term leasehold property
-
Office equipment
-
25% reducing balance / straight line basis

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of Income and Retained Earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

 
2.6

Debtors

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.

Page 4

 
OSG ARCHITECTURE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

2.Accounting policies (continued)

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of Income and Retained Earnings in the same period as the related expenditure.

 
2.10

Dividends

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.

 
2.11

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.12

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.13

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 5

 
OSG ARCHITECTURE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

2.Accounting policies (continued)

 
2.14

Provisions for liabilities

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.
Provisions are charged as an expense to profit or loss in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the Balance Sheet.

 
2.15

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


3.


Employees

The average monthly number of employees, including directors, during the year was 25 (2022 - 24).

Page 6

 
OSG ARCHITECTURE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

4.


Intangible assets




Goodwill



Cost


At 1 May 2022
10,000



At 30 April 2023

10,000



Amortisation


At 1 May 2022
8,917


Charge for the year on owned assets
1,000



At 30 April 2023

9,917



Net book value



At 30 April 2023
£83



At 30 April 2022
£1,083



Page 7

 
OSG ARCHITECTURE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

5.


Tangible fixed assets





Long-term leasehold property
Office equipment
Total



Cost or valuation


At 1 May 2022
-
58,284
58,284


Additions
10,493
17,511
28,004



At 30 April 2023

10,493
75,795
86,288



Depreciation


At 1 May 2022
-
33,407
33,407


Charge for the year on owned assets
2,099
10,596
12,695



At 30 April 2023

2,099
44,003
46,102



Net book value



At 30 April 2023
£8,394
£31,792
£40,186



At 30 April 2022
£-
£24,877
£24,877


6.


Fixed asset investments





Investments in subsidiary companies





At 1 May 2022
44,000


Disposals
(44,000)



At 30 April 2023
£-





7.


Debtors

2023
2022


Trade debtors
530,282
259,156

Other debtors
360
45,526

Prepayments and accrued income
40,817
16,846

£571,459
£321,528


Page 8

 
OSG ARCHITECTURE LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

8.


Creditors: Amounts falling due within one year

2023
2022

Trade creditors
2,838
8,912

Corporation tax
86,874
32,227

Other taxation and social security
152,116
113,983

Other creditors
6,877
4,144

Accruals and deferred income
37,081
7,374

£285,786
£166,640



9.


Deferred taxation




2023





At beginning of year
(6,219)


Charged to profit or loss
(1,729)



At end of year
£(7,948)

The provision for deferred taxation is made up as follows:

2023
2022


Accelerated capital allowances
7,948
6,219

£7,948
£6,219


10.


Share capital

2023
2022
Allotted, called up and fully paid



500 (2022 - 500) A Ordinary shares of £0.10 each
50.00
50.00
500 (2022 - 500) B Ordinary shares of £0.10 each
50.00
50.00
125 (2022 - 125) C Ordinary shares of £0.10 each
12.50
12.50
125 (2022 - 125) D Ordinary shares of £0.10 each
12.50
12.50

£125.00

£125.00



11.


Pension commitments

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £55,800  (2022: £70,200).

Page 9