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REGISTERED NUMBER: 09948256 (England and Wales)















Unaudited Financial Statements

for the Period 1 February 2023 to 31 March 2024

for

Online Power Systems Limited

Online Power Systems Limited (Registered number: 09948256)






Contents of the Financial Statements
for the Period 1 February 2023 to 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Online Power Systems Limited

Company Information
for the Period 1 February 2023 to 31 March 2024







DIRECTOR: Mrs D K Hosmer





REGISTERED OFFICE: 12 Meadowsweet Way
Horton Heath
Eastleigh
Hampshire
SO50 7PD





REGISTERED NUMBER: 09948256 (England and Wales)





ACCOUNTANTS: Don Roper Accountant Limited
Linden Lea
Allington Lane
West End
Southampton
Hampshire
SO30 3HQ

Online Power Systems Limited (Registered number: 09948256)

Balance Sheet
31 March 2024

31.3.24 31.1.23
Notes £    £   
CURRENT ASSETS
Debtors 4 - 5,345
Cash at bank 4 267
4 5,612
CREDITORS
Amounts falling due within one year 5 12,180 235
NET CURRENT (LIABILITIES)/ASSETS (12,176 ) 5,377
TOTAL ASSETS LESS CURRENT
LIABILITIES

(12,176

)

5,377

CREDITORS
Amounts falling due after more than one
year

6

-

13,613
NET LIABILITIES (12,176 ) (8,236 )

CAPITAL AND RESERVES
Called up share capital 7 2 2
Retained earnings 8 (12,178 ) (8,238 )
SHAREHOLDERS' FUNDS (12,176 ) (8,236 )

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

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

The director acknowledges her 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.

Online Power Systems Limited (Registered number: 09948256)

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 30 September 2024 and were signed by:





Mrs D K Hosmer - Director


Online Power Systems Limited (Registered number: 09948256)

Notes to the Financial Statements
for the Period 1 February 2023 to 31 March 2024

1. STATUTORY INFORMATION

Online Power Systems 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.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2023 - NIL).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.1.23
£    £   
Sch 455 tax charge - 4,545
VAT - 800
- 5,345

Online Power Systems Limited (Registered number: 09948256)

Notes to the Financial Statements - continued
for the Period 1 February 2023 to 31 March 2024

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.1.23
£    £   
Corporation tax (2,838 ) (1,179 )
Directors' current accounts 13,998 414
Accrued expenses 1,020 1,000
12,180 235

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.3.24 31.1.23
£    £   
Bank loans - 2-5 years - 13,613

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.1.23
value: £    £   
2 Ordinary £1 2 2

8. RESERVES
Retained
earnings
£   

At 1 February 2023 (9,017 )
Deficit for the period (3,161 )
At 31 March 2024 (12,178 )

Online Power Systems Limited (Registered number: 09948256)

Notes to the Financial Statements - continued
for the Period 1 February 2023 to 31 March 2024

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 March 2024 and the year ended 31 January 2023:

31.3.24 31.1.23
£    £   
Mrs D K Hosmer
Balance outstanding at start of period (414 ) 6,764
Amounts advanced 854 -
Amounts repaid (14,438 ) (7,178 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period (13,998 ) (414 )

10. RELATED PARTY DISCLOSURES

The company was under the control of Mrs D K Hosmer throughout the current and previous period. Mrs D K Hosmer is the managing directors..

No transactions with related parties were undertaken such as are required to be disclosed under Section 1a (Small Entities) for Financial Reporting Standard 102.