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REGISTERED NUMBER: 09394355 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 January 2024

for

On Site Servicing Limited

On Site Servicing Limited (Registered number: 09394355)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

On Site Servicing Limited

Company Information
for the Year Ended 31 January 2024







DIRECTOR: C Faux





SECRETARY: Mrs C Faux





REGISTERED OFFICE: 28 High Street
Southoe
St. Neots
Cambridgeshire
PE19 5YE





REGISTERED NUMBER: 09394355 (England and Wales)





ACCOUNTANTS: GREGORY WILDMAN
The Granary
Crowhill Farm
Ravensden Road
Wilden
Bedfordshire
MK44 2QS

On Site Servicing Limited (Registered number: 09394355)

Statement of Financial Position
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,533 2,066

CURRENT ASSETS
Debtors 5 1,027 2,656
Cash at bank 16,923 16,472
17,950 19,128
CREDITORS
Amounts falling due within one year 6 18,048 17,764
NET CURRENT (LIABILITIES)/ASSETS (98 ) 1,364
TOTAL ASSETS LESS CURRENT LIABILITIES 2,435 3,430

PROVISIONS FOR LIABILITIES 481 393
NET ASSETS 1,954 3,037

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 1,854 2,937
SHAREHOLDERS' FUNDS 1,954 3,037

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 director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 October 2024 and were signed by:





C Faux - Director


On Site Servicing Limited (Registered number: 09394355)

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

1. STATUTORY INFORMATION

On Site Servicing Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

There were no material departures from that standard.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services
Revenue from motor vehicle servicing is recognised when work has been completed.

Tangible fixed assets
Tangible fixed assets are included at cost less depreciation and impairment. Depreciation has been computed to write off the cost of tangible fixed assets over their expected useful lives as follows:

Plant and machinery - 20% reducing balance
Motor vehicles - 25% reducing balance
Computer equipment - 25% 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 statement of financial position date.

Deferred tax
Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes.

Tax deferred or accelerated is accounted for in respect of all material timing differences.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

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

On Site Servicing Limited (Registered number: 09394355)

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

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 February 2023 3,150 2,600 803 6,553
Additions 1,129 - - 1,129
At 31 January 2024 4,279 2,600 803 7,682
DEPRECIATION
At 1 February 2023 1,763 2,147 803 4,713
Charge for year 323 113 - 436
At 31 January 2024 2,086 2,260 803 5,149
NET BOOK VALUE
At 31 January 2024 2,193 340 - 2,533
At 31 January 2023 1,387 453 - 1,840

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 814 2,458
Prepayments 213 198
1,027 2,656

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade creditors - 300
Tax (343 ) 1,172
VAT 4,814 -
Directors' current accounts 12,827 15,602
Accrued expenses 750 690
18,048 17,764

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.24 31.1.23
value: £    £   
100 Ordinary £1 100 100

8. RELATED PARTY DISCLOSURES

The amount outstanding at the year-end to Mr Faux was £12,827 (2023 - £15,602).

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
On Site Servicing Limited

The following reproduces the text of the report prepared for the director 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 Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director 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 On Site Servicing Limited for the year ended 31 January 2024 which comprise the Income Statement, Other Comprehensive Income, Statement of Financial Position, Statement of Changes in Equity 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of On Site Servicing Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of On Site Servicing Limited and state those matters that we have agreed to state to the director of On Site Servicing Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than On Site Servicing Limited and its director for our work or for this report.

It is your duty to ensure that On Site Servicing Limited 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 On Site Servicing Limited. You consider that On Site Servicing Limited 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 On Site Servicing Limited. 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.






GREGORY WILDMAN
The Granary
Crowhill Farm
Ravensden Road
Wilden
Bedfordshire
MK44 2QS


30 October 2024