1 February 2023 false No description of principal activity Taxfiler 2024.6 SC375212business:PrivateLimitedCompanyLtd2023-02-012024-01-31 SC3752122023-01-31 SC3752122023-02-012024-01-31 SC375212business:AuditExemptWithAccountantsReport2023-02-012024-01-31 SC375212business:FilletedAccounts2023-02-012024-01-31 SC3752122024-01-31 SC375212business:Director12023-02-012024-01-31 SC375212business:RegisteredOffice2023-02-012024-01-31 SC3752122023-01-31 SC375212core:WithinOneYear2024-01-31 SC375212core:WithinOneYear2023-01-31 SC375212core:ShareCapitalcore:PreviouslyStatedAmount2024-01-31 SC375212core:ShareCapitalcore:PreviouslyStatedAmount2023-01-31 SC375212core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-01-31 SC375212core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-31 SC375212core:PreviouslyStatedAmount2024-01-31 SC375212core:PreviouslyStatedAmount2023-01-31 SC375212business:SmallEntities2023-02-012024-01-31 SC375212countries:Scotland2023-02-012024-01-31 SC375212core:PlantMachinery2023-02-012024-01-31 SC375212core:ComputerEquipment2023-02-012024-01-31 SC375212core:PlantMachinery2023-01-31 SC375212core:ComputerEquipment2023-01-31 SC375212core:PlantMachinery2024-01-31 SC375212core:ComputerEquipment2024-01-31 SC3752122022-02-012023-01-31 iso4217:GBP xbrli:pure
Company Registration No. SC375212 (Scotland)
Osprey Tunnels Limited Unaudited accounts for the year ended 31 January 2024
Osprey Tunnels Limited Unaudited accounts Contents
Page
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Osprey Tunnels Limited Company Information for the year ended 31 January 2024
Director
David Leslie
Company Number
SC375212 (Scotland)
Registered Office
Scones Lethendy Perth PH2 6AB
Accountants
Fraser + Accountants 3 Barossa Place Perth Perthshire PH1 5HG
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Osprey Tunnels Limited Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
85,566 
150,793 
Current assets
Debtors
28,140 
111,292 
Cash at bank and in hand
20,112 
2,841 
48,252 
114,133 
Creditors: amounts falling due within one year
(74,254)
(172,747)
Net current liabilities
(26,002)
(58,614)
Net assets
59,564 
92,179 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
59,563 
92,178 
Shareholders' funds
59,564 
92,179 
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 director acknowledges his 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 and authorised for issue on 28 October 2024 and were signed on its behalf by
David Leslie Director Company Registration No. SC375212
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Osprey Tunnels Limited Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
Osprey Tunnels Limited is a private company, limited by shares, registered in Scotland, registration number SC375212. The registered office is Scones Lethendy , Perth , PH2 6AB.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
20% straight-line
Computer equipment
33% straight-line
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2023
521,189 
416 
521,605 
Disposals
(94,498)
- 
(94,498)
At 31 January 2024
426,691 
416 
427,107 
Depreciation
At 1 February 2023
370,395 
417 
370,812 
Charge for the year
47,125 
(1)
47,124 
On disposals
(76,395)
- 
(76,395)
At 31 January 2024
341,125 
416 
341,541 
Net book value
At 31 January 2024
85,566 
- 
85,566 
At 31 January 2023
150,794 
(1)
150,793 
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Osprey Tunnels Limited Notes to the Accounts for the year ended 31 January 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,216 
- 
Amounts due from group undertakings etc.
26,924 
76,910 
Other debtors
- 
34,382 
28,140 
111,292 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
833 
10,833 
VAT
1,038 
(2,134)
Obligations under finance leases and hire purchase contracts
73,624 
162,992 
Taxes and social security
826 
- 
Other creditors
1,180 
1,180 
Loans from directors
(3,247)
(124)
74,254 
172,747 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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