Company Registration No. SC556611 (Scotland)
Odissey Limited
Unaudited accounts
for the year ended 28 February 2023
Odissey Limited
Unaudited accounts
Contents
Odissey Limited
Company Information
for the year ended 28 February 2023
Directors
Oluwagbemisola Adebimpe MOHIMI,
Roy Oseomoje Mohimi
Company Number
SC556611 (Scotland)
Registered Office
47 Broad Street
Glasgow
G40 2QW
United Kingdom
Odissey Limited
Statement of financial position
as at 28 February 2023
Tangible assets
23,536
23,536
Creditors: amounts falling due within one year
(15,378)
(15,378)
Net current liabilities
(15,378)
(15,378)
Total assets less current liabilities
8,158
8,158
Creditors: amounts falling due after more than one year
(2,660)
(2,660)
Called up share capital
1
1
Profit and loss account
5,497
5,497
Shareholders' funds
5,498
5,498
For the year ending 28 February 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 7 November 2023 and were signed on its behalf by
Oluwagbemisola Adebimpe MOHIMI,
Director
Company Registration No. SC556611
Odissey Limited
Notes to the Accounts
for the year ended 28 February 2023
Odissey Limited is a private company, limited by shares, registered in Scotland, registration number SC556611. The registered office is 47 Broad Street, Glasgow, G40 2QW, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
will be 18%
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2022
29,135
3,402
32,537
At 28 February 2023
29,135
3,402
32,537
At 1 March 2022
7,346
1,655
9,001
At 28 February 2023
7,346
1,655
9,001
At 28 February 2023
21,789
1,747
23,536
At 28 February 2022
21,789
1,747
23,536
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
(23)
(23)
Other creditors
18,508
18,508
Loans from directors
(4,732)
(4,732)
Odissey Limited
Notes to the Accounts
for the year ended 28 February 2023
6
Creditors: amounts falling due after more than one year
2023
2022
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).