IRIS Accounts Production v24.1.0.578 04254663 director 1.9.23 31.8.24 31.8.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh042546632023-08-31042546632024-08-31042546632023-09-012024-08-31042546632022-08-31042546632022-09-012023-08-31042546632023-08-3104254663ns15:EnglandWales2023-09-012024-08-3104254663ns14:PoundSterling2023-09-012024-08-3104254663ns10:Director12023-09-012024-08-3104254663ns10:PrivateLimitedCompanyLtd2023-09-012024-08-3104254663ns10:SmallEntities2023-09-012024-08-3104254663ns10:AuditExempt-NoAccountantsReport2023-09-012024-08-3104254663ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-3104254663ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-3104254663ns10:FullAccounts2023-09-012024-08-3104254663ns10:CompanySecretary12023-09-012024-08-3104254663ns10:RegisteredOffice2023-09-012024-08-3104254663ns5:CurrentFinancialInstruments2024-08-3104254663ns5:CurrentFinancialInstruments2023-08-3104254663ns5:Non-currentFinancialInstruments2024-08-3104254663ns5:Non-currentFinancialInstruments2023-08-3104254663ns5:ShareCapital2024-08-3104254663ns5:ShareCapital2023-08-3104254663ns5:RetainedEarningsAccumulatedLosses2024-08-3104254663ns5:RetainedEarningsAccumulatedLosses2023-08-3104254663ns5:FurnitureFittings2023-09-012024-08-3104254663ns5:MotorVehicles2023-09-012024-08-3104254663ns5:ComputerEquipment2023-09-012024-08-3104254663ns5:FurnitureFittings2023-08-3104254663ns5:MotorVehicles2023-08-3104254663ns5:ComputerEquipment2023-08-3104254663ns5:FurnitureFittings2024-08-3104254663ns5:MotorVehicles2024-08-3104254663ns5:ComputerEquipment2024-08-3104254663ns5:FurnitureFittings2023-08-3104254663ns5:MotorVehicles2023-08-3104254663ns5:ComputerEquipment2023-08-3104254663ns5:CostValuation2023-08-3104254663ns5:AdditionsToInvestments2024-08-3104254663ns5:CostValuation2024-08-3104254663ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-08-3104254663ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-08-3104254663ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2024-08-3104254663ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-08-3104254663ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-08-3104254663ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-08-31
REGISTERED NUMBER: 04254663 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

FOR

OFFICE STORAGE SOLUTIONS LIMITED

OFFICE STORAGE SOLUTIONS LIMITED (REGISTERED NUMBER: 04254663)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


OFFICE STORAGE SOLUTIONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTOR: Mr Philip Gustave Jarvis





SECRETARY: Mrs Suzanne Barbara Jarvis





REGISTERED OFFICE: Create Business Hub
Ground Floor
5 Rayleigh Road
Hutton, Brentwood.
Essex
CM13 1AB





REGISTERED NUMBER: 04254663 (England and Wales)





ACCOUNTANTS: Tish Press & Company
Create Business Hub
Ground Floor
5 Rayleigh Road
Hutton, Brentwood.
Essex
CM13 1AB

OFFICE STORAGE SOLUTIONS LIMITED (REGISTERED NUMBER: 04254663)

BALANCE SHEET
31 AUGUST 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 31,506 39,760
Investments 5 318,072 231,399
349,578 271,159

CURRENT ASSETS
Debtors 6 178,373 234,902
Cash at bank and in hand 105,075 84,584
283,448 319,486
CREDITORS
Amounts falling due within one year 7 184,684 222,359
NET CURRENT ASSETS 98,764 97,127
TOTAL ASSETS LESS CURRENT
LIABILITIES

448,342

368,286

CREDITORS
Amounts falling due after more than one
year

8

(7,910

)

(18,219

)

PROVISIONS FOR LIABILITIES (7,408 ) (8,127 )
NET ASSETS 433,024 341,940

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 432,924 341,840
SHAREHOLDERS' FUNDS 433,024 341,940

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

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

OFFICE STORAGE SOLUTIONS LIMITED (REGISTERED NUMBER: 04254663)

BALANCE SHEET - continued
31 AUGUST 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 director and authorised for issue on 19 November 2024 and were signed by:





Mr Philip Gustave Jarvis - Director


OFFICE STORAGE SOLUTIONS LIMITED (REGISTERED NUMBER: 04254663)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1. STATUTORY INFORMATION

Office Storage Solutions 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.

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.
Fixtures, fittings and equipment - 15% on reducing balance
Motor vehicles - 25% on 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 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.

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 ) .

OFFICE STORAGE SOLUTIONS LIMITED (REGISTERED NUMBER: 04254663)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

4. TANGIBLE FIXED ASSETS
Fixtures,
fittings
and Motor Computer
equipment vehicles equipment Totals
£    £    £    £   
COST
At 1 September 2023 43,254 67,755 - 111,009
Additions 133 - - 133
Reclassification/transfer (6,833 ) - 6,833 -
At 31 August 2024 36,554 67,755 6,833 111,142
DEPRECIATION
At 1 September 2023 20,660 50,589 - 71,249
Charge for year 3,256 4,292 839 8,387
Reclassification/transfer (5,824 ) - 5,824 -
At 31 August 2024 18,092 54,881 6,663 79,636
NET BOOK VALUE
At 31 August 2024 18,462 12,874 170 31,506
At 31 August 2023 22,594 17,166 - 39,760

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 September 2023 231,399
Additions 86,673
At 31 August 2024 318,072
NET BOOK VALUE
At 31 August 2024 318,072
At 31 August 2023 231,399

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 167,888 224,565
Other debtors 9,270 9,270
Prepayments and accrued income 1,215 1,067
178,373 234,902

OFFICE STORAGE SOLUTIONS LIMITED (REGISTERED NUMBER: 04254663)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,311 10,056
Trade creditors 73,819 118,791
Tax 63,308 56,333
VAT 34,006 34,659
Directors' current accounts 1,040 520
Accruals and deferred income 2,200 2,000
184,684 222,359

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1-2 years 7,910 10,311
Bank loans - 2-5 years - 7,908
7,910 18,219