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REGISTERED NUMBER: 11793020 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

OSA Digital Ltd

OSA Digital Ltd (Registered number: 11793020)

Contents of the Financial Statements
for the Year Ended 31 January 2024










Page

Company Information 1

Chartered Certified Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


OSA Digital Ltd

Company Information
for the Year Ended 31 January 2024







DIRECTORS: G W Hickman
J L Hickman





SECRETARY: G W Hickman





REGISTERED OFFICE: 25 Britannia Crescent
Wivenhoe
Colchester
Essex
CO7 9PF





REGISTERED NUMBER: 11793020 (England and Wales)





ACCOUNTANTS: JTF
Chartered Certified Accountants
Electra House
1A Gilberd Road
Colchester
Essex
CO2 7LR

Chartered Certified Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
OSA Digital Ltd


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of OSA Digital Ltd for the year ended 31 January 2024 which comprise the Income Statement, Balance Sheet and the related notes 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 http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of OSA Digital Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of OSA Digital Ltd and state those matters that we have agreed to state to the Board of Directors of OSA Digital Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that OSA Digital Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of OSA Digital Ltd. You consider that OSA Digital Ltd 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 OSA Digital Ltd. 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.






JTF
Chartered Certified Accountants
Electra House
1A Gilberd Road
Colchester
Essex
CO2 7LR


18 October 2024

OSA Digital Ltd (Registered number: 11793020)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 849 851

CURRENT ASSETS
Debtors 5 3,945 2,645
Cash at bank 926 1,367
4,871 4,012
CREDITORS
Amounts falling due within one year 6 11,680 4,295
NET CURRENT LIABILITIES (6,809 ) (283 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(5,960

)

568

PROVISIONS FOR LIABILITIES - 75
NET (LIABILITIES)/ASSETS (5,960 ) 493

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (6,060 ) 393
SHAREHOLDERS' FUNDS (5,960 ) 493

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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.

OSA Digital Ltd (Registered number: 11793020)

Balance Sheet - continued
31 January 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 Board of Directors and authorised for issue on 18 October 2024 and were signed on its behalf by:





G W Hickman - Director


OSA Digital Ltd (Registered number: 11793020)

Notes to the Financial Statements
for the Year Ended 31 January 2024


1. STATUTORY INFORMATION

OSA Digital Ltd 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment - 20% on 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
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

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

OSA Digital Ltd (Registered number: 11793020)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2023 1,316
Additions 275
At 31 January 2024 1,591
DEPRECIATION
At 1 February 2023 465
Charge for year 277
At 31 January 2024 742
NET BOOK VALUE
At 31 January 2024 849
At 31 January 2023 851

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 3,945 2,645

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade creditors 551 226
Other creditors 11,129 4,069
11,680 4,295

7. RELATED PARTY DISCLOSURES

During the year the company was provided with an interest-free loan, repayable on demand, by one of the directors. The balance at the end of the year was in the sum of £10,829 (2023: £3,769l).

8. GOING CONCERN

At the balance sheet date the company had net liabilities and net current liabilities. However, these are represented by a loan from a director who has provided assurances that repayment will not be requested until such time as the company can afford to without jeopardising its ability to continue trading. The director has also given assurances that if necessary, additional funds will be loaned to the company to enable it to continue trading for at least 12 months from the date of signing the accounts. Therefore the directors consider that the company is a going concern.