IRIS Accounts Production v24.3.0.553 13922159 Board of Directors 1.3.23 29.2.24 29.2.24 false true false false true false Ordinary 1.00000 Ordinary A 1.00000 Ordinary B 1.00000 Ordinary C 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh139221592023-02-28139221592024-02-29139221592023-03-012024-02-29139221592022-02-16139221592022-02-172023-02-28139221592023-02-2813922159ns15:EnglandWales2023-03-012024-02-2913922159ns14:PoundSterling2023-03-012024-02-2913922159ns10:Director12023-03-012024-02-2913922159ns10:PrivateLimitedCompanyLtd2023-03-012024-02-2913922159ns10:SmallEntities2023-03-012024-02-2913922159ns10:AuditExempt-NoAccountantsReport2023-03-012024-02-2913922159ns10:SmallCompaniesRegimeForDirectorsReport2023-03-012024-02-2913922159ns10:SmallCompaniesRegimeForAccounts2023-03-012024-02-2913922159ns10:FullAccounts2023-03-012024-02-2913922159ns10:OrdinaryShareClass12023-03-012024-02-2913922159ns10:OrdinaryShareClass22023-03-012024-02-2913922159ns10:OrdinaryShareClass32023-03-012024-02-2913922159ns10:OrdinaryShareClass42023-03-012024-02-2913922159ns5:CurrentFinancialInstruments2024-02-2913922159ns5:CurrentFinancialInstruments2023-02-2813922159ns5:ShareCapital2024-02-2913922159ns5:ShareCapital2023-02-2813922159ns5:RetainedEarningsAccumulatedLosses2024-02-2913922159ns5:RetainedEarningsAccumulatedLosses2023-02-2813922159ns5:CostValuation2024-02-2913922159ns10:OrdinaryShareClass12024-02-2913922159ns10:OrdinaryShareClass22024-02-2913922159ns10:OrdinaryShareClass32024-02-2913922159ns10:OrdinaryShareClass42024-02-29
REGISTERED NUMBER: 13922159 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

O4P LTD

O4P LTD (REGISTERED NUMBER: 13922159)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024










Page

Balance sheet 1

Notes to the financial statements 2


O4P LTD (REGISTERED NUMBER: 13922159)

BALANCE SHEET
29 FEBRUARY 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Investments 4 50 50

Current assets
Debtors 5 279,654 105,599
Cash at bank 3,994 82,003
283,648 187,602
Creditors
Amounts falling due within one year 6 1,659 2,243
Net current assets 281,989 185,359
Total assets less current liabilities 282,039 185,409

Capital and reserves
Called up share capital 7 4 4
Retained earnings 282,035 185,405
Shareholders' funds 282,039 185,409

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Statement of comprehensive income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 October 2024 and were signed on its behalf by:





Mr H P C Sykes - Director


O4P LTD (REGISTERED NUMBER: 13922159)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024


1. Statutory information

O4P Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 13922159. The registered office is 7 & 8 Church Street, Wimborne, Dorset, BH21 1JH and business address is The Moon and Sixpence, Midgeham, Fordingbridge, Hampshire, SP6 3BY.

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.

Investments in associates
Investments in associate undertakings are recognised at cost.

Taxation
Taxation for the year 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.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Financial instruments
Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities.

At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate.

3. Employees and directors

The average number of employees during the year was 2 (2023 - 2 ) .

O4P LTD (REGISTERED NUMBER: 13922159)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024


4. Fixed asset investments
Interest
in
associate
£   
Cost
At 1 March 2023
and 29 February 2024 50
Net book value
At 29 February 2024 50
At 28 February 2023 50

5. Debtors: amounts falling due within one year
2024 2023
£    £   
Other debtors 279,654 105,599

6. Creditors: amounts falling due within one year
2024 2023
£    £   
Other creditors 49 49
Directors' current accounts 356 1,001
Accruals and deferred income 1,254 1,193
1,659 2,243

7. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary £1 1 1
1 Ordinary A £1 1 1
1 Ordinary B £1 1 1
1 Ordinary C £1 1 1
4 4

8. Ultimate controlling party

The company is under the control of the director, Mr H Sykes, by virtue of his 100% holding of the voting share capital of the company.