1 September 2023 false No description of principal activity Taxfiler 2024.5 12828614business:PrivateLimitedCompanyLtd2023-09-012024-08-31 128286142023-08-31 128286142023-09-012024-08-31 12828614business:AuditExempt-NoAccountantsReport2023-09-012024-08-31 12828614business:FilletedAccounts2023-09-012024-08-31 128286142024-08-31 12828614business:Director12023-09-012024-08-31 12828614business:RegisteredOffice2023-09-012024-08-31 128286142023-08-31 12828614core:WithinOneYear2024-08-31 12828614core:WithinOneYear2023-08-31 12828614core:AfterOneYear2024-08-31 12828614core:AfterOneYear2023-08-31 12828614core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-08-31 12828614core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 12828614core:PreviouslyStatedAmount2024-08-31 12828614core:PreviouslyStatedAmount2023-08-31 12828614business:SmallEntities2023-09-012024-08-31 12828614countries:EnglandWales2023-09-012024-08-31 12828614core:LandBuildings2023-09-012024-08-31 12828614core:LandBuildings2023-08-31 12828614core:LandBuildings2024-08-31 128286142022-09-012023-08-31 iso4217:GBP xbrli:pure
Company Registration No. 12828614 (England and Wales)
OPENSIDE INVESTMENTS LIMITED Unaudited accounts for the year ended 31 August 2024
OPENSIDE INVESTMENTS LIMITED Unaudited accounts Contents
Page
- 2 -
OPENSIDE INVESTMENTS LIMITED Company Information for the year ended 31 August 2024
Director
Mr Marcus O'Donnell
Company Number
12828614 (England and Wales)
Registered Office
1 Beverley Close Camberley GU15 1HF United Kingdom
Accountants
Webb-Accounting 1 Beverley Close Camberley Surrey GU15 1HF
- 3 -
OPENSIDE INVESTMENTS LIMITED Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
226,730 
226,730 
Current assets
Debtors
1,354 
1,354 
Cash at bank and in hand
5,452 
2,970 
6,806 
4,324 
Creditors: amounts falling due within one year
(2,719)
(1,969)
Net current assets
4,087 
2,355 
Total assets less current liabilities
230,817 
229,085 
Creditors: amounts falling due after more than one year
(233,000)
(233,000)
Net liabilities
(2,183)
(3,915)
Capital and reserves
Profit and loss account
(2,183)
(3,915)
Shareholders' funds
(2,183)
(3,915)
For the year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 3 October 2024 and were signed on its behalf by
Mr Marcus O'Donnell Director Company Registration No. 12828614
- 4 -
OPENSIDE INVESTMENTS LIMITED Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
OPENSIDE INVESTMENTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12828614. The registered office is 1 Beverley Close, Camberley, GU15 1HF, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Depreciation is not provided on residential property.
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 September 2023
226,730 
At 31 August 2024
226,730 
Depreciation
At 31 August 2024
- 
Net book value
At 31 August 2024
226,730 
At 31 August 2023
226,730 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,354 
1,354 
- 5 -
OPENSIDE INVESTMENTS LIMITED Notes to the Accounts for the year ended 31 August 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Amounts owed to group undertakings and other participating interests
815 
815 
Other creditors
1,154 
1,154 
Loans from directors
750 
- 
2,719 
1,969 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
153,000 
153,000 
Other creditors
80,000 
80,000 
233,000 
233,000 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
- 6 -