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REGISTERED NUMBER: SC363131 (Scotland)















Unaudited Financial Statements

for the Year Ended 31 July 2023

for

OM Carriers Limited

OM Carriers Limited (Registered number: SC363131)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


OM Carriers Limited

Company Information
for the Year Ended 31 July 2023







DIRECTORS: W Hay
H Stewart





REGISTERED OFFICE: 8 Lintmill Terrace
Neilston
G78 3LH





REGISTERED NUMBER: SC363131 (Scotland)





ACCOUNTANTS: KPP Glasgow South Ltd
Chartered Certified Accountants
Unit 3 , 37 Rosyth Road
Morris Park
Glasgow
G5 0YE

OM Carriers Limited (Registered number: SC363131)

Balance Sheet
31 July 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 14,055 6,348

CURRENT ASSETS
Cash at bank and in hand 2,054 6,199

CREDITORS
Amounts falling due within one year 5 9,188 28,503
NET CURRENT LIABILITIES (7,134 ) (22,304 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,921

(15,956

)

CREDITORS
Amounts falling due after more than one
year

6

6,901

9,069
NET ASSETS/(LIABILITIES) 20 (25,025 )

CAPITAL AND RESERVES
Called up share capital 7 2 2
Retained earnings 18 (25,027 )
SHAREHOLDERS' FUNDS 20 (25,025 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

OM Carriers Limited (Registered number: SC363131)

Balance Sheet - continued
31 July 2023


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 19 April 2024 and were signed on its behalf by:





W Hay - Director


OM Carriers Limited (Registered number: SC363131)

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

1. STATUTORY INFORMATION

OM Carriers 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.
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 15% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 August 2022 2,717 66,504 55 69,276
Additions - 12,320 - 12,320
At 31 July 2023 2,717 78,824 55 81,596
DEPRECIATION
At 1 August 2022 2,173 60,706 49 62,928
Charge for year 82 4,530 1 4,613
At 31 July 2023 2,255 65,236 50 67,541
NET BOOK VALUE
At 31 July 2023 462 13,588 5 14,055
At 31 July 2022 544 5,798 6 6,348

OM Carriers Limited (Registered number: SC363131)

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

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Social security and other taxes (5 ) (164 )
Directors' current accounts 7,751 27,825
Accrued expenses 1,442 842
9,188 28,503

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.23 31.7.22
£    £   
Bounce Back Loan 6,901 9,069

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.23 31.7.22
value: £    £   
2 Ordinary £1 2 2