Company Registration No. SC522519 (Scotland)
OASONS VERIFICATION & INSPECTION LTD
Unaudited accounts
for the year ended 5 April 2023
OASONS VERIFICATION & INSPECTION LTD
Unaudited accounts
Contents
OASONS VERIFICATION & INSPECTION LTD
Company Information
for the year ended 5 April 2023
Director
Chikadibia Christopher OBI-OFODILE
Company Number
SC522519 (Scotland)
Registered Office
58 CHARLESTON ROAD NORTH
COVE
ABERDEEN
ABERDEENSHIRE
AB12 3SZ
SCOTLAND
OASONS VERIFICATION & INSPECTION LTD
Statement of financial position
as at 5 April 2023
Tangible assets
1,238
1,024
Cash at bank and in hand
6,099
5,364
Creditors: amounts falling due within one year
(13,256)
(11,301)
Net current assets
29,292
29,202
Total assets less current liabilities
30,530
30,226
Creditors: amounts falling due after more than one year
(12,000)
(22,895)
Called up share capital
5
5
Profit and loss account
18,525
7,326
Shareholders' funds
18,530
7,331
For the year ending 5 April 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and authorised for issue on 29 January 2023 and were signed on its behalf by
Chikadibia Christopher OBI-OFODILE
Director
Company Registration No. SC522519
OASONS VERIFICATION & INSPECTION LTD
Notes to the Accounts
for the year ended 5 April 2023
OASONS VERIFICATION & INSPECTION LTD is a private company, limited by shares, registered in Scotland, registration number SC522519. The registered office is 58 CHARLESTON ROAD NORTH, COVE, ABERDEEN, ABERDEENSHIRE, AB12 3SZ, SCOTLAND.
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:
Fixtures & fittings
25% Reducing Balance
Computer equipment
33% on cost
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 6 April 2022
1,452
4,263
5,715
At 5 April 2023
1,452
5,096
6,548
At 6 April 2022
558
4,133
4,691
Charge for the year
298
321
619
At 5 April 2023
856
4,454
5,310
At 5 April 2023
596
642
1,238
At 5 April 2022
894
130
1,024
OASONS VERIFICATION & INSPECTION LTD
Notes to the Accounts
for the year ended 5 April 2023
Amounts falling due within one year
Trade debtors
12,449
10,022
Other debtors
24,000
24,000
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
3,930
3,259
Loans from directors
6,133
4,226
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).