OSC GROUP LIMITED

Company Registration Number:
10266687 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2023

Period of accounts

Start date: 1 July 2022

End date: 30 June 2023

OSC GROUP LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

OSC GROUP LIMITED

Directors' report period ended 30 June 2023

The directors present their report with the financial statements of the company for the period ended 30 June 2023

Principal activities of the company

Investment activities



Directors

The director shown below has held office during the whole of the period from
1 July 2022 to 30 June 2023

Oliver Nobahar-Cookson


Secretary Juan Douglas Hull Brown

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
31 March 2024

And signed on behalf of the board by:
Name: Juan Douglas Hull Brown
Status: Secretary

OSC GROUP LIMITED

Profit And Loss Account

for the Period Ended 30 June 2023

2023 2022


£

£
Turnover: 50,879 35,042
Cost of sales: 0 0
Gross profit(or loss): 50,879 35,042
Distribution costs: 0 0
Administrative expenses: ( 439,733 ) ( 254,723 )
Other operating income: 0 0
Operating profit(or loss): (388,854) (219,681)
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: (388,854) (219,681)
Tax: 0 0
Profit(or loss) for the financial year: (388,854) (219,681)

OSC GROUP LIMITED

Balance sheet

As at 30 June 2023

Notes 2023 2022


£

£
Called up share capital not paid: 1 1
Fixed assets
Intangible assets: 3 194,941 194,941
Tangible assets: 4 424 2,729
Investments:   0 0
Total fixed assets: 195,365 197,670
Current assets
Stocks:   0 0
Debtors: 5 562,156 507,471
Cash at bank and in hand: 16,834 118,155
Investments:   0 0
Total current assets: 578,990 625,626
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 6 ( 2,401,360 ) ( 2,061,447 )
Net current assets (liabilities): (1,822,370) (1,435,821)
Total assets less current liabilities: (1,627,004) ( 1,238,150)
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): (1,627,004) (1,238,150)
Capital and reserves
Called up share capital: 1 1
Share premium account: 0 0
Other reserves: 0 0
Profit and loss account: (1,627,005 ) (1,238,151 )
Total Shareholders' funds: ( 1,627,004 ) (1,238,150)

The notes form part of these financial statements

OSC GROUP LIMITED

Balance sheet statements

For the year ending 30 June 2023 the company was entitled to exemption 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 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.

This report was approved by the board of directors on 31 March 2024
and signed on behalf of the board by:

Name: Oliver Nobahar-Cookson
Status: Director

The notes form part of these financial statements

OSC GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Office Equipment was depreciated at 33%Furniture, fixtures and fittings was depreciated at 25%A straight line depreciation basis was used.

    Valuation information and policy

    Investment property is subsequently measured at fair value as and when a valuation is obtained which is anticipated to be every 5 years.

OSC GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 7 4

OSC GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 July 2022 0 194,941 194,941
Additions 0 0 0
Disposals 0 0 0
Revaluations 0 0 0
Transfers 0 0 0
At 30 June 2023 0 194,941 194,941
Amortisation
At 1 July 2022 0 0 0
Charge for year 0 0 0
On disposals 0 0 0
Other adjustments 0 0 0
At 30 June 2023 0 0 0
Net book value
At 30 June 2023 0 194,941 194,941
At 30 June 2022 0 194,941 194,941

OSC GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 July 2022 0 0 0 9,865 0 9,865
Additions 0 0 0 0 0 0
Disposals 0 0 0 0 0 0
Revaluations 0 0 0 0 0 0
Transfers 0 0 0 0 0 0
At 30 June 2023 0 0 0 9,865 0 9,865
Depreciation
At 1 July 2022 0 0 0 7,136 0 7,136
Charge for year 0 0 0 2,305 0 2,305
On disposals 0 0 0 0 0 0
Other adjustments 0 0 0 0 0 0
At 30 June 2023 0 0 0 9,441 0 9,441
Net book value
At 30 June 2023 0 0 0 424 0 424
At 30 June 2022 0 0 0 2,729 0 2,729

OSC GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

5. Debtors

2023 2022
£ £
Trade debtors 558,020 507,471
Prepayments and accrued income 0 0
Other debtors 4,136 0
Total 562,156 507,471
Debtors due after more than one year: 0 0

OSC GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

6. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 2,386,471 2,040,210
Taxation and social security 0 0
Accruals and deferred income 14,889 21,237
Total 2,401,360 2,061,447

OSC GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

7. Loans to directors

Name of director receiving advance or credit: Oliver Nobahar-Cookson
Description of the transaction:
Shareholder loan
£
Balance at 30 June 2022 2,040,210
Advances or credits made:
Advances or credits repaid: 2,410
Balance at 30 June 2023 2,037,800