08702500falserecruitment consultancy2023-10-012024-09-30http://www.companieshouse.gov.uk/2023-09-30http://www.companieshouse.gov.uk/pt:ShareCapital2023-09-30http://www.companieshouse.gov.uk/cd:Director12023-10-012024-09-30http://www.companieshouse.gov.uk/pt:ShareCapital2024-09-30http://www.companieshouse.gov.uk/pt:FurnitureFittings2023-09-30http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-09-30http://www.companieshouse.gov.uk/pt:FurnitureFittings2024-09-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-10-012024-09-30http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-09-30http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-10-012024-09-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22023-10-012024-09-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass32023-10-012024-09-30http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-10-012024-09-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass42023-10-012024-09-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-09-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-09-30http://www.companieshouse.gov.uk/2023-10-012024-09-30http://www.companieshouse.gov.uk/2023-09-30http://www.companieshouse.gov.uk/cd:FRS1022023-10-012024-09-30http://www.companieshouse.gov.uk/2024-09-30http://www.companieshouse.gov.uk/cd:FullAccounts2023-10-012024-09-30http://www.companieshouse.gov.uk/pt:LandBuildings2023-09-30http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-10-012024-09-30http://www.companieshouse.gov.uk/pt:LandBuildings2024-09-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 08702500

OML (Partners) Limited

ACCOUNTS
FOR THE YEAR ENDED 30/09/2024

Prepared By:
DBR Accounts Ltd
Association of Chartered Certified Accountants
1 Station Court
Station Approach
Wickford
Essex
SS11 7AT

OML (Partners) Limited

ACCOUNTS
FOR THE YEAR ENDED 30/09/2024
DIRECTORS
C Ashdown
REGISTERED OFFICE
1 Station Court
Station Approach
Wickford
Essex
SS11 7AT
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 08702500
ACCOUNTANTS
DBR Accounts Ltd
Association of Chartered Certified Accountants
1 Station Court
Station Approach
Wickford
Essex
SS11 7AT

OML (Partners) Limited

ACCOUNTS
FOR THEYEARENDED30/09/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

OML (Partners) Limited

BALANCE SHEET AT 30/09/2024
20242023
Notes££
FIXED ASSETS
Tangible assets270,05922,324
CURRENT ASSETS
Debtors369,15128,573
Cash at bank and in hand26,48365,753
95,63494,326
CREDITORS: Amounts falling due within one year4135,632112,388
NET CURRENT LIABILITIES(39,998)(18,062)
TOTAL ASSETS LESS CURRENT LIABILITIES30,0614,262
CAPITAL AND RESERVES
Called up share capital6103103
Profit and loss account29,9584,159
SHAREHOLDERS' FUNDS30,0614,262
For the year ending 30/09/2024 the company was entitled to exemption 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 directors acknowledge their 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 07/10/2024 and signed on their behalf by
.............................
C Ashdown
Director

OML (Partners) Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/09/2024
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 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Land And Buildingsstraight line2%
Fixtures And Fittingsreducing balance15%
Equipmentreducing balance25%
1c. Pension Costs
The company contributes to a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1d. Foreign Currency
Transactions in currencies, other than the functional currency of the company, are recorded at the rate of the exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items that are measured at the historic cost in a foreign currency are not retranslated.
1e. Taxation
Taxation represents the tax currently payable. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
1f. Financial Instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are initially measured at amortised cost.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

OML (Partners) Limited

1g. Equity Instruments
Equity instruments issued by the company are recorded at fair value of proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.
2. TANGIBLE FIXED ASSETS
Land AndFixtures
Buildingsand FittingsEquipmentTotal
££££
Cost
At 01/10/202324,6235,00033,07662,699
Additions50,000--50,000
At 30/09/202474,6235,00033,076112,699
Depreciation
At 01/10/20236,8331,38832,15440,375
For the year1,4925422312,265
At 30/09/20248,3251,93032,38542,640
Net Book Amounts
At 30/09/202466,2983,07069170,059
At 30/09/202317,7903,61292222,324
3. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors66,43826,850
Other debtors2,7131,723
69,15128,573
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax42,70735,134
VAT1,8516,311
Directors current account76,5377,244
Pension schemes12,00061,317
Accruals2,5372,382
135,632112,388

OML (Partners) Limited

5. EMPLOYEES
20242023
No.No.
Average number of employees11
6. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
100 A Ordinary shares of £1 each100100
1 Class B shares of £1 each11
1 Class C shares of £1 each11
1 Ordinary shares of £1 each11
103103
7. CONTROLLING PARTY
C Ashdown is the ultimate controlling party by virtue of her sole directorship and majority ownership of the company's issued share capital.