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Company Registration No. 12524341 (England and Wales)
Osprey Furniture Ltd Unaudited accounts for the year ended 31 March 2024
Osprey Furniture Ltd Unaudited accounts Contents
Page
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Osprey Furniture Ltd Company Information for the year ended 31 March 2024
Directors
Aneta Monika Plaszymaka Lukasz Piotr PLASZCZYMAKA
Company Number
12524341 (England and Wales)
Registered Office
Unit 6c England Industrial Estate Wharf Road Scunthorpe England DN17 4JW
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Osprey Furniture Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
33,904 
69,301 
Current assets
Debtors
16,491 
2,073 
Cash at bank and in hand
34,203 
8,418 
50,694 
10,491 
Creditors: amounts falling due within one year
(84,574)
(79,321)
Net current liabilities
(33,880)
(68,830)
Total assets less current liabilities
24 
471 
Creditors: amounts falling due after more than one year
(85,365)
(156,260)
Net liabilities
(85,341)
(155,789)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(85,343)
(155,791)
Shareholders' funds
(85,341)
(155,789)
For the year ending 31 March 2024 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 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 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 of Directors and authorised for issue on 17 April 2024 and were signed on its behalf by
Lukasz Piotr PLASZCZYMAKA Director Company Registration No. 12524341
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Osprey Furniture Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Osprey Furniture Ltd is a private company, limited by shares, registered in England and Wales, registration number 12524341. The registered office is Unit 6c England Industrial Estate , Wharf Road, Scunthorpe, England, DN17 4JW.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
20%
Motor vehicles
25%
Fixtures & fittings
15%
Computer equipment
33%
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2023
66,305 
- 
2,996 
69,301 
Additions
9,476 
8,500 
- 
17,976 
At 31 March 2024
75,781 
8,500 
2,996 
87,277 
Depreciation
Charge for the year
51,410 
531 
1,432 
53,373 
At 31 March 2024
51,410 
531 
1,432 
53,373 
Net book value
At 31 March 2024
24,371 
7,969 
1,564 
33,904 
At 31 March 2023
66,305 
- 
2,996 
69,301 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
16,491 
2,073 
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Osprey Furniture Ltd Notes to the Accounts for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
1,026 
- 
VAT
24,737 
11,933 
Trade creditors
8,683 
- 
Taxes and social security
1,842 
5,171 
Other creditors
- 
62,217 
Loans from directors
48,286 
- 
84,574 
79,321 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
41,947 
17,173 
Obligations under finance leases and hire purchase contracts
6,381 
- 
Loans from directors
37,037 
139,087 
85,365 
156,260 
8
Average number of employees
During the year the average number of employees was 5 (2023: 5).
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