Caseware UK (AP4) 2022.0.179 2022.0.179 2022-11-302022-11-301false2021-12-011trueatrue 08781394 2021-12-01 2022-11-30 08781394 2020-12-01 2021-11-30 08781394 2022-11-30 08781394 2021-11-30 08781394 c:Director1 2021-12-01 2022-11-30 08781394 d:CurrentFinancialInstruments 2022-11-30 08781394 d:CurrentFinancialInstruments 2021-11-30 08781394 d:CurrentFinancialInstruments d:WithinOneYear 2022-11-30 08781394 d:CurrentFinancialInstruments d:WithinOneYear 2021-11-30 08781394 d:ShareCapital 2022-11-30 08781394 d:ShareCapital 2021-11-30 08781394 c:OrdinaryShareClass1 2021-12-01 2022-11-30 08781394 c:OrdinaryShareClass1 2022-11-30 08781394 c:EntityHasNeverTraded 2021-12-01 2022-11-30 08781394 c:FRS102 2021-12-01 2022-11-30 08781394 c:AuditExempt-NoAccountantsReport 2021-12-01 2022-11-30 08781394 c:FullAccounts 2021-12-01 2022-11-30 08781394 c:PrivateLimitedCompanyLtd 2021-12-01 2022-11-30 08781394 6 2021-12-01 2022-11-30 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 08781394














OSAC MANAGEMENT LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED  30 NOVEMBER 2022

 
OSAC MANAGEMENT LIMITED
 

CONTENTS



Page
Statement of financial position
 
1
Notes to the financial statements
 
2 - 3


 
OSAC MANAGEMENT LIMITED
REGISTERED NUMBER:08781394

STATEMENT OF FINANCIAL POSITION
AS AT 30 NOVEMBER 2022

2022
2021
Note
£
£

Fixed assets
  

Investments
 4 
3,880,364
3,880,364

Current assets
  

Cash at bank and in hand
  
100
100

Current liabilities
  

Creditors: amounts falling due within one year
 5 
(3,880,364)
(3,880,364)

Net current liabilities
  
 
 
(3,880,264)
 
 
(3,880,264)

  

Net assets
  
100
100


Capital and reserves
  

Called up share capital 
 6 
100
100

  
100
100


For the year ended 30 November 2022 the company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The company has opted not to file the income statement in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 4 September 2023.




T Kohli
Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 
OSAC MANAGEMENT LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2022

1.


General information

Osac Management Limited is a private limited liability company incorporated in England and Wales. Its registered office is at 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire, WD6 1JD.
The principal activity of the company is that of a holding company. It did not trade during the year.
The company's functional and presentational currency is £ sterling.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

 
2.2

Going concern

The company has net current liabilities. The financial statements have been prepared on a going concern basis, the validity of which is dependant on the continued support of the director. The director is satisfied that suitable facilities will continue to be made available for at least twelve months from the date of approval of these financial statements and that the company will be able to meet its working capital requirements for the foreseeable future.

 
2.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.4

Financial instruments

The company only enters into transactions that result in basic financial instruments such as trade and other debtors, trade and other creditors, cash at bank and in hand, and loans with related parties.
Trade debtors, other debtors and loans to related parties are recognised initially at the transaction price less attributable transaction costs. Trade creditors, other creditors and loans from related parties are recognised initially at transaction price plus attributable transaction costs. Subsequently they are measured at amortised cost using the effective interest method, less any impairment losses in the case of trade and other debtors, and loans to related parties. 
Cash and cash equivalents comprise cash balances and call deposits.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2021 - 1).

Page 2

 
OSAC MANAGEMENT LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2022

4.


Fixed asset investments





Investments in subsidiary companies

£



Cost


At 1 December 2021
3,880,364



At 30 November 2022
3,880,364





5.


Creditors: Amounts falling due within one year

2022
2021
£
£

Amounts owed to group undertakings
2,383
2,383

Other creditors
3,877,981
3,877,981

3,880,364
3,880,364



6.


Share capital

2022
2021
£
£
Allotted, called up and fully paid



100 Ordinary shares of £1 each
100
100


Page 3