Company No:
Contents
Note | 30.06.2023 | 30.06.2022 | ||
€ | € | |||
Fixed assets | ||||
Tangible assets | 3 |
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0 | 4,129 | |||
Current assets | ||||
Debtors | 4 |
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125,037 | 114,084 | |||
Creditors: amounts falling due within one year | 5 |
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Net current assets/(liabilities) | 125,037 | (1,040) | ||
Total assets less current liabilities | 125,037 | 3,089 | ||
Net assets |
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Capital and reserves | ||||
Called-up share capital | 6 |
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Profit and loss account |
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Total shareholder's funds |
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Director's responsibilities:
The financial statements of OSRA Malta Ltd (registered number:
Dr Trudy Pisani
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial period, unless otherwise stated.
OSRA Malta Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 2nd Floor Stratus House Emperor Way, Exeter Business Park, Exeter, EX1 3QS, United Kingdom. The principal place of business is 2nd Floor Stratus House Emperor Way, Exeter Business Park, 2nd Floor Stratus House Emperor Way, Exeter Business Park.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in EUR which is the functional currency of the Company and rounded to the nearest €.
In 2023 the directors made the decision that the Company would cease trading, and in March 2023 disposed of the trade to a third party. As a result the financial statements have been prepared on a basis other than the going concern basis of preparation. The directors have included in the financial statements any provision for future costs of terminating the business, which were committed to at the balance sheet date and where appropriate the Company's assets have been written down to their net realisable value.
Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.
Plant and machinery |
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Assets, other than those measured at fair value, are assessed for indicators of impairment at each Statement of Financial Position date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.
Year ended 30.06.2023 |
Period from 01.01.2021 to 30.06.2022 |
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Number | Number | ||
Monthly average number of persons employed by the Company during the year, including the director |
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Plant and machinery | Total | ||
€ | € | ||
Cost | |||
At 01 July 2022 |
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Disposals | (
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At 30 June 2023 |
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Accumulated depreciation | |||
At 01 July 2022 |
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Charge for the financial year |
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Disposals | (
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At 30 June 2023 |
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Net book value | |||
At 30 June 2023 |
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At 30 June 2022 |
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30.06.2023 | 30.06.2022 | ||
€ | € | ||
Amounts owed by Group undertakings |
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Other debtors |
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30.06.2023 | 30.06.2022 | ||
€ | € | ||
Amounts owed to Group undertakings |
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Accruals |
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30.06.2023 | 30.06.2022 | ||
€ | € | ||
Allotted, called-up and fully-paid | |||
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Other related party transactions
30.06.2023 | 30.06.2022 | ||
€ | € | ||
Amounts owed (to)/by parent companies | 125,037 | (112,724) | |
Amounts owed by companies under common control | 0 | 114,084 |