Oisin Rogers Ltd 07909822 false 2023-02-01 2024-01-31 2024-01-31 The principal activity of the company is Other professional, scientific and technical activities not elsewhere classified Digita Accounts Production Advanced 6.30.9574.0 true true 07909822 2023-02-01 2024-01-31 07909822 2024-01-31 07909822 bus:OrdinaryShareClass1 bus:CumulativeShares 2024-01-31 07909822 core:CurrentFinancialInstruments 2024-01-31 07909822 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-31 07909822 core:FurnitureFittings 2024-01-31 07909822 bus:SmallEntities 2023-02-01 2024-01-31 07909822 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 07909822 bus:FilletedAccounts 2023-02-01 2024-01-31 07909822 bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 07909822 bus:RegisteredOffice 2023-02-01 2024-01-31 07909822 bus:Director1 2023-02-01 2024-01-31 07909822 bus:Director2 2023-02-01 2024-01-31 07909822 bus:OrdinaryShareClass1 bus:CumulativeShares 2023-02-01 2024-01-31 07909822 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 07909822 bus:Agent1 2023-02-01 2024-01-31 07909822 core:ComputerEquipment 2023-02-01 2024-01-31 07909822 core:FurnitureFittings 2023-02-01 2024-01-31 07909822 countries:UnitedKingdom 2023-02-01 2024-01-31 07909822 2023-01-31 07909822 core:FurnitureFittings 2023-01-31 07909822 2022-02-01 2023-01-31 07909822 2023-01-31 07909822 bus:OrdinaryShareClass1 bus:CumulativeShares 2023-01-31 07909822 core:CurrentFinancialInstruments 2023-01-31 07909822 core:CurrentFinancialInstruments core:WithinOneYear 2023-01-31 07909822 core:FurnitureFittings 2023-01-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 07909822

Oisin Rogers Ltd

Unaudited Filleted Financial Statements

for the Year Ended 31 January 2024

 

Oisin Rogers Ltd

Contents

Company Information

1

Accountants' Report

2

Balance Sheet

3

Notes to the Unaudited Financial Statements

4 to 8

 

Oisin Rogers Ltd

Company Information

Directors

Mrs Tracey Rogers

Mr Oisin Rogers

Registered office

3rd Floor
166 College Road
Harrow
Middlesex
HA1 1BH

Accountants

MG Group (Professional Services) Limited
Chartered Accountants
166 College Road
Harrow
Middlesex
HA1 1BH

 

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Oisin Rogers Ltd
for the Year Ended 31 January 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Oisin Rogers Ltd for the year ended 31 January 2024 as set out on pages 3 to 8 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 at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Oisin Rogers Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Oisin Rogers Ltd and state those matters that we have agreed to state to the Board of Directors of Oisin Rogers Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Oisin Rogers Ltd and its Board of Directors as a body for our work or for this report.

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

......................................

MG Group (Professional Services) Limited
Chartered Accountants
166 College Road
Harrow
Middlesex
HA1 1BH

30 October 2024

 

Oisin Rogers Ltd

(Registration number: 07909822)
Balance Sheet as at 31 January 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

1,550

1,914

Current assets

 

Debtors

5

20,288

46,746

Cash at bank and in hand

 

15,326

16,132

 

35,614

62,878

Creditors: Amounts falling due within one year

6

(36,971)

(33,722)

Net current (liabilities)/assets

 

(1,357)

29,156

Net assets

 

193

31,070

Capital and reserves

 

Called up share capital

8

100

100

Retained earnings

93

30,970

Shareholders' funds

 

193

31,070

For the financial 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.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 30 October 2024 and signed on its behalf by:
 

.........................................
Mr Oisin Rogers
Director

 

Oisin Rogers Ltd

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

1

General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
3rd Floor
166 College Road
Harrow
Middlesex
HA1 1BH
England

These financial statements were authorised for issue by the Board on 30 October 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

 

Oisin Rogers Ltd

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

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Furniture and Fittings

25% RBM

Computer Equipment

25% RBM

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

Oisin Rogers Ltd

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

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2023 - 2).

 

Oisin Rogers Ltd

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

4

Tangible assets

Fixtures and fittings
£

Total
£

Cost or valuation

At 1 February 2023

3,324

3,324

At 31 January 2024

3,324

3,324

Depreciation

At 1 February 2023

1,410

1,410

Charge for the year

364

364

At 31 January 2024

1,774

1,774

Carrying amount

At 31 January 2024

1,550

1,550

At 31 January 2023

1,914

1,914

5

Debtors

Current

2024
£

2023
£

Trade debtors

-

14,549

Other debtors

20,288

32,197

 

20,288

46,746

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Taxation and social security

32,220

29,833

Accruals and deferred income

4,751

3,889

36,971

33,722

 

Oisin Rogers Ltd

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

7

Related party transactions

During the year, the company made the following related party transactions:

Director

At the Balance sheet date, the amount due (to)/from the Directors was £20,289 (2023: 198). Interest was charged at an annual rate of 2.25%. The amount is unsecured and repayable on demand.

 

8

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary Share Capital of £1 each

100

100

100

100