1 March 2022 true No description of principal activity Taxfiler 2023.10 SC556611business:PrivateLimitedCompanyLtd2022-03-012023-02-28 SC5566112022-02-28 SC556611business:EntityNoLongerTradingButTradedInPast2022-03-012023-02-28 SC5566112022-03-012023-02-28 SC556611business:AuditExemptWithAccountantsReport2022-03-012023-02-28 SC556611business:FilletedAccounts2022-03-012023-02-28 SC5566112023-02-28 SC556611business:Director12022-03-012023-02-28 SC556611business:Director22022-03-012023-02-28 SC556611business:RegisteredOffice2022-03-012023-02-28 SC5566112022-02-28 SC556611core:WithinOneYear2023-02-28 SC556611core:WithinOneYear2022-02-28 SC556611core:AfterOneYear2023-02-28 SC556611core:AfterOneYear2022-02-28 SC556611core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 SC556611core:ShareCapitalcore:PreviouslyStatedAmount2022-02-28 SC556611core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 SC556611core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-02-28 SC556611core:PreviouslyStatedAmount2023-02-28 SC556611core:PreviouslyStatedAmount2022-02-28 SC556611business:SmallEntities2022-03-012023-02-28 SC556611countries:Scotland2022-03-012023-02-28 SC556611core:ComputerEquipment2022-03-012023-02-28 SC556611core:MotorVehicles2022-02-28 SC556611core:ComputerEquipment2022-02-28 SC556611core:MotorVehicles2023-02-28 SC556611core:ComputerEquipment2023-02-28 SC5566112021-03-012022-02-28 iso4217:GBP xbrli:pure
Company Registration No. SC556611 (Scotland)
Odissey Limited Unaudited accounts for the year ended 28 February 2023
Odissey Limited Unaudited accounts Contents
Page
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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
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Odissey Limited Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
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)
Net assets
5,498 
5,498 
Capital and reserves
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
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Odissey Limited Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 
Depreciation
At 1 March 2022
7,346 
1,655 
9,001 
At 28 February 2023
7,346 
1,655 
9,001 
Net book value
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)
Accruals
1,625 
1,625 
15,378 
15,378 
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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 
£ 
£ 
Bank loans
2,660 
2,660 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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