Registered number: 13017083 | ||||||||
FOR THE YEAR ENDED 30/11/2023 | ||||||||
Prepared By: | ||||||||
PRIMUS ACCOUNTING LTD | ||||||||
896 WOODBOROUGH ROAD | ||||||||
NOTTINGHAM | ||||||||
NG3 5QR |
OSM MANAGEMENT LTD | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 30/11/2023 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 13017083 | ||||||||
ACCOUNTANTS | ||||||||
PRIMUS ACCOUNTING LTD | ||||||||
896 WOODBOROUGH ROAD | ||||||||
NOTTINGHAM | ||||||||
NG3 5QR |
OSM MANAGEMENT LTD | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED30/11/2023 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
OSM MANAGEMENT LTD | ||||||||
BALANCE SHEET AT | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Cash at bank and in hand | ||||||||||
4,199 | 4,187 | |||||||||
CREDITORS: Amounts falling due within one year | 5 | |||||||||
NET CURRENT LIABILITIES | ( | (482,630) | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ( | |||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 6 | |||||||||
Profit and loss account | 9,718 | (104) | ||||||||
SHAREHOLDERS' FUNDS | ( | |||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
OSM MANAGEMENT LTD | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 30/11/2023 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Fixtures and Fittings | straight line 25% | |||||||
Equipment | straight line 25% |
1c. Investment Properties | ||||||||
Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view. |
2. EMPLOYEES | ||||||
2023 | 2022 | |||||
No. | No. | |||||
Average number of employees | - | |||||
OSM MANAGEMENT LTD | ||||||||
3. TANGIBLE FIXED ASSETS | ||||||
Fixtures | ||||||
and Fittings | Equipment | Total | ||||
£ | £ | £ | ||||
Cost | ||||||
At 01/12/2022 | 725 | 230 | 955 | |||
At 30/11/2023 | 725 | 230 | 955 | |||
Depreciation | ||||||
At 01/12/2022 | 181 | 58 | 239 | |||
For the year | 181 | 58 | 239 | |||
At 30/11/2023 | 362 | 116 | 478 | |||
Net Book Amounts | ||||||
At 30/11/2023 | 477 | |||||
At 30/11/2022 | 716 | |||||
4. INVESTMENT PROPERTIES | ||||
Investment | ||||
Properties | Total | |||
£ | £ | |||
Fair value | ||||
At 01/12/2022 | 481,910 | 481,910 | ||
Additions | 174,250 | 174,250 | ||
At 30/11/2023 | 656,160 | 656,160 | ||
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
UK corporation tax | 1,978 | - | ||||||
Directors current account | 203,268 | 152,691 | ||||||
Bank loans and overdrafts | - | 853 | ||||||
Mortgage | 445,772 | 333,273 | ||||||
651,018 | 486,817 | |||||||
OSM MANAGEMENT LTD | ||||||||
6. SHARE CAPITAL | 2023 | 2022 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
100 | 100 | |||||||
100 | 100 | |||||||