IRIS Accounts Production v24.1.9.2 04157203 director 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh041572032023-03-31041572032024-03-31041572032023-04-012024-03-31041572032022-03-31041572032022-04-012023-03-31041572032023-03-3104157203ns15:EnglandWales2023-04-012024-03-3104157203ns14:PoundSterling2023-04-012024-03-3104157203ns10:Director12023-04-012024-03-3104157203ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3104157203ns10:SmallEntities2023-04-012024-03-3104157203ns10:AuditExemptWithAccountantsReport2023-04-012024-03-3104157203ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3104157203ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3104157203ns10:FullAccounts2023-04-012024-03-3104157203ns10:CompanySecretary12023-04-012024-03-3104157203ns10:RegisteredOffice2023-04-012024-03-3104157203ns5:CurrentFinancialInstruments2024-03-3104157203ns5:CurrentFinancialInstruments2023-03-3104157203ns5:Non-currentFinancialInstruments2024-03-3104157203ns5:Non-currentFinancialInstruments2023-03-3104157203ns5:ShareCapital2024-03-3104157203ns5:ShareCapital2023-03-3104157203ns5:RetainedEarningsAccumulatedLosses2024-03-3104157203ns5:RetainedEarningsAccumulatedLosses2023-03-3104157203ns5:PlantMachinery2023-04-012024-03-3104157203ns5:PlantMachinery2023-03-3104157203ns5:PlantMachinery2024-03-3104157203ns5:PlantMachinery2023-03-3104157203ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-03-3104157203ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2024-03-3104157203ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-04-012024-03-3104157203ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-03-3104157203ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3104157203ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-31
REGISTERED NUMBER: 04157203 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Ogden Holdings Limited

Ogden Holdings Limited (Registered number: 04157203)

Contents of the Financial Statements
for the Year Ended 31 March 2024










Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Ogden Holdings Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: Mr S F Ogden





SECRETARY: Mrs C Ogden





REGISTERED OFFICE: 25 Holmley Bank
Dronfield
Sheffield
S18 2HP





REGISTERED NUMBER: 04157203 (England and Wales)





ACCOUNTANTS: Landin Wilcock & Co
Chartered Accountants
68 Queen Street
Sheffield
South Yorkshire
S1 1WR

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Ogden Holdings Limited


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Director's Report are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Ogden Holdings Limited for the year ended 31 March 2024 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Ogden Holdings Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Ogden Holdings Limited and state those matters that we have agreed to state to the director of Ogden Holdings Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ogden Holdings Limited and its director for our work or for this report.

It is your duty to ensure that Ogden Holdings Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Ogden Holdings Limited. You consider that Ogden Holdings Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Ogden Holdings Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Landin Wilcock & Co
Chartered Accountants
68 Queen Street
Sheffield
South Yorkshire
S1 1WR


19 June 2024

Ogden Holdings Limited (Registered number: 04157203)

Balance Sheet
31 March 2024

31/3/24 31/3/23
Notes £    £   
FIXED ASSETS
Tangible assets 4 316,112 344,239

CURRENT ASSETS
Stocks 10,000 10,000
Debtors 5 - 83,282
Cash at bank and in hand 3,350 22,053
13,350 115,335
CREDITORS
Amounts falling due within one year 6 (182,728 ) (280,340 )
NET CURRENT LIABILITIES (169,378 ) (165,005 )
TOTAL ASSETS LESS CURRENT LIABILITIES 146,734 179,234

CREDITORS
Amounts falling due after more than one
year

7

-

(7,917

)

PROVISIONS FOR LIABILITIES (58,350 ) (63,585 )
NET ASSETS 88,384 107,732

CAPITAL AND RESERVES
Called up share capital 20,000 20,000
Retained earnings 68,384 87,732
88,384 107,732

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Ogden Holdings Limited (Registered number: 04157203)

Balance Sheet - continued
31 March 2024


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 director and authorised for issue on 19 June 2024 and were signed by:





Mr S F Ogden - Director


Ogden Holdings Limited (Registered number: 04157203)

Notes to the Financial Statements
for the Year Ended 31 March 2024


1. STATUTORY INFORMATION

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

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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 the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on reducing balance, 15% on reducing balance and 10% on reducing balance

Tangible fixed assets are initially measured at cost. Subsequently, they are measured at cost less accumulated depreciation and impairment losses.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Financial instruments
Financial assets and financial liabilities are recognised when the company becomes party to the contractual provisions of the instrument. Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the asset of the company after deducting all of its liabilities.


Ogden Holdings Limited (Registered number: 04157203)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024


2. ACCOUNTING POLICIES - continued
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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

Government grants
The company has received grants towards the cost of plant and machinery, with the grant being crystalized in the balance sheet, and amortised using a rate comparable to the rate of depreciation used on the associated assets.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Ogden Holdings Limited (Registered number: 04157203)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 800,964
Additions 7,925
Disposals (13,503 )
At 31 March 2024 795,386
DEPRECIATION
At 1 April 2023 456,725
Charge for year 35,624
Eliminated on disposal (13,075 )
At 31 March 2024 479,274
NET BOOK VALUE
At 31 March 2024 316,112
At 31 March 2023 344,239

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 April 2023 155,457
Transfer to ownership (38,457 )
At 31 March 2024 117,000
DEPRECIATION
At 1 April 2023 47,153
Charge for year 8,647
Transfer to ownership (19,631 )
At 31 March 2024 36,169
NET BOOK VALUE
At 31 March 2024 80,831
At 31 March 2023 108,304

Ogden Holdings Limited (Registered number: 04157203)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Other debtors - 83,282

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Hire purchase contracts 3,767 28,771
Trade creditors 12,487 2,085
Taxation and social security 13,028 11,669
Other creditors 153,446 237,815
182,728 280,340

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31/3/24 31/3/23
£    £   
Hire purchase contracts - 3,767
Other creditors - 4,150
- 7,917

8. SECURED DEBTS

The following secured debts are included within creditors:

31/3/24 31/3/23
£    £   
Hire purchase contracts 3,767 32,538