Company registration number 05995805 (England and Wales)
OSM ARCHITECTS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023
OSM ARCHITECTS LIMITED
COMPANY INFORMATION
Director
Ilkan Osman
Secretary
Marie Lena
Company number
05995805
Registered office
Unit A Cadmus Court
Cary Avenue
London
England
SE16 7DS
Accountants
Georgiades Charalambou & Co LLP
Chartered Certified Accountants
283 Green Lanes
Palmers Green
London
N13 4XS
OSM ARCHITECTS LIMITED
ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF OSM ARCHITECTS LIMITED FOR THE YEAR ENDED 30 NOVEMBER 2023
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In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of OSM Architects Limited for the year ended 30 November 2023, which comprise the profit and loss account and the balance sheet, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.
This report is made solely to the board of directors of OSM Architects Limited, as a body, in accordance with the terms of our engagement letter dated 25 August 2022. Our work has been undertaken solely to prepare for your approval the financial statements of OSM Architects Limited and state those matters that we have agreed to state to the board of directors of OSM Architects Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than OSM Architects Limited and its board of directors as a body, for our work or for this report.
It is your duty to ensure that OSM Architects Limited has kept adequate accounting records and to prepare statutory financial statements that comply with the requirements of the Companies Act 2006. You consider that OSM Architects 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 OSM Architects 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.
Georgiades Charalambou & Co LLP
27 August 2024
Chartered Certified Accountants
283 Green Lanes
Palmers Green
London
N13 4XS
OSM ARCHITECTS LIMITED
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 30 NOVEMBER 2023
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2023
2022
£
£
Turnover
22,516
25,700
Other income
2
10
Cost of raw materials and consumables
(42)
-
Staff costs
(14,400)
(13,250)
Depreciation and other amounts written off assets
(3,867)
(4,116)
Other charges
(10,191)
(17,093)
Loss for the year before tax
(5,982)
(8,749)
Loss for the year after tax
(5,982)
(8,749)
OSM ARCHITECTS LIMITED
BALANCE SHEET
AS AT
30 NOVEMBER 2023
30 November 2023
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2023
2022
£
£
£
£
Fixed assets
130,125
133,992
Current assets
14,037
36,555
Prepayments and accrued income
482
1,592
Creditors: amounts falling due within one year
(36,508)
(57,021)
Net current liabilities
(21,989)
(18,874)
Total assets less current liabilities
108,136
115,118
Net assets
108,136
115,118
Capital and reserves
108,136
115,118
Notes to the financial statements
1
Employees
The average number of persons (including directors) employed by the company during the year was as follows:
2023
2022
Number
Number
Employees
2
2
OSM Architects Limited is a private company limited by shares incorporated in England and Wales. The registered office is Unit A Cadmus Court, Cary Avenue, London, England, SE16 7DS.
For the year ended 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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 members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and the provisions applicable to companies subject to the small companies regime.
OSM ARCHITECTS LIMITED
BALANCE SHEET (CONTINUED)
AS AT
30 NOVEMBER 2023
30 November 2023
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The financial statements were approved and signed by the director and authorised for issue on 27 August 2024
Ilkan Osman
Director
Company registration number 05995805 (England and Wales)