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REGISTERED NUMBER: SC308945 (Scotland)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Omnia Scotland Limited

Omnia Scotland Limited (Registered number: SC308945)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Omnia Scotland Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: T C Campbell
M R A Whittet





SECRETARY: T C Campbell





REGISTERED OFFICE: Drumsheugh Toll
2 Belford Road
Edinburgh
Midlothian
EH4 3BL





REGISTERED NUMBER: SC308945 (Scotland)





ACCOUNTANTS: One Accounting Ltd
Chartered Management Accountants
Drumsheugh Toll
2 Belford Road
Edinburgh
Midlothian
EH4 3BL

Omnia Scotland Limited (Registered number: SC308945)

Statement of Financial Position
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,491 9,888

CURRENT ASSETS
Debtors 5 29,090 20,599
Prepayments and accrued income 1,731 2,103
Cash at bank 111,019 108,457
141,840 131,159
CREDITORS
Amounts falling due within one year 6 57,826 46,358
NET CURRENT ASSETS 84,014 84,801
TOTAL ASSETS LESS CURRENT
LIABILITIES

93,505

94,689

CAPITAL AND RESERVES
Called up share capital 110 110
Retained earnings 93,395 94,579
SHAREHOLDERS' FUNDS 93,505 94,689

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 March 2024 and were signed on its behalf by:




T C Campbell - Director



M R A Whittet - Director


Omnia Scotland Limited (Registered number: SC308945)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Omnia Scotland Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Computer equipments - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

Omnia Scotland Limited (Registered number: SC308945)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipments Totals
£    £    £   
COST
At 1 January 2023 411 48,231 48,642
Additions - 3,591 3,591
At 31 December 2023 411 51,822 52,233
DEPRECIATION
At 1 January 2023 34 38,720 38,754
Charge for year 103 3,885 3,988
At 31 December 2023 137 42,605 42,742
NET BOOK VALUE
At 31 December 2023 274 9,217 9,491
At 31 December 2022 377 9,511 9,888

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 29,089 20,598
Other debtors 1 1
29,090 20,599

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 1,991 2,722
Tax 10,982 7,885
Social security and other taxes (97 ) (204 )
VAT 14,314 11,502
Other creditors 594 625
Credit Cards - 639
Directors' current accounts 6,780 13
Accrued expenses 23,262 23,176
57,826 46,358

7. RELATED PARTY DISCLOSURES

During the year, total dividends of £36,000 (2022 - £38,000) were paid to the directors .