Company Registration No. 13155230 (England and Wales)
Osterley Park Group Limited
Unaudited accounts
for the year ended 31 January 2024
Osterley Park Group Limited
Unaudited accounts
Contents
Osterley Park Group Limited
Company Information
for the year ended 31 January 2024
Directors
Dr Prahlad Ram Pharroda
Rahmani Samirolah
Hanuman Ram Pharroda
Company Number
13155230 (England and Wales)
Registered Office
764 Great West Road
Isleworth
Middlesex
TW7 5NA
United Kingdom
Osterley Park Group Limited
Statement of financial position
as at 31 January 2024
Tangible assets
609,528
154,094
Cash at bank and in hand
149,372
26,073
Creditors: amounts falling due within one year
(344,714)
(60,805)
Net current liabilities
(195,342)
(34,732)
Net assets
414,186
119,362
Called up share capital
2
2
Profit and loss account
414,184
119,360
Shareholders' funds
414,186
119,362
For the year ending 31 January 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 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 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 of Directors and authorised for issue on 21 October 2024 and were signed on its behalf by
Dr Prahlad Ram Pharroda
Director
Company Registration No. 13155230
Osterley Park Group Limited
Notes to the Accounts
for the year ended 31 January 2024
Osterley Park Group Limited is a private company, limited by shares, registered in England and Wales, registration number 13155230. The registered office is 764 Great West Road, Isleworth, Middlesex, TW7 5NA, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
15% Reducing balance method
Fixtures & fittings
20% Reducing balance method
Computer equipment
33.33% Reducing balance method
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2023
-
179,399
2,406
181,805
Additions
131,403
408,109
6,188
545,700
At 31 January 2024
131,403
587,508
8,594
727,505
At 1 February 2023
-
26,909
802
27,711
Charge for the year
26,281
63,054
931
90,266
At 31 January 2024
26,281
89,963
1,733
117,977
At 31 January 2024
105,122
497,545
6,861
609,528
At 31 January 2023
-
152,490
1,604
154,094
Osterley Park Group Limited
Notes to the Accounts
for the year ended 31 January 2024
5
Creditors: amounts falling due within one year
2024
2023
Trade creditors
30,020
26,500
Taxes and social security
19,105
4,290
Other creditors
3,725
3,725
Loans from directors
286,754
2,404
6
Average number of employees
During the year the average number of employees was 9 (2023: 4).