Company registration number 09400430 (England and Wales)
OSP NO2 LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2024
PAGES FOR FILING WITH REGISTRAR
OSP NO2 LIMITED
BALANCE SHEET
AS AT 28 FEBRUARY 2024
28 February 2024
- 1 -
2024
2023
£
£
£
£
Fixed assets
1,155,306
1,155,306
Current assets
741
308
Creditors: amounts falling due within one year
(605,406)
(615,052)
Net current liabilities
(604,665)
(614,744)
Total assets less current liabilities
550,641
540,562
Creditors: amounts falling due after more than one year
(13,333)
(21,667)
Net assets
537,308
518,895
Capital and reserves
537,308
518,895
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees
During the year, the company advanced £5,300 (2023: £275) to the director, Ms V A Byrne and was repaid £Nil (2023: £Nil) against the same balance. At 28 February 2024, the balance owed by the company to the director, Ms V A Byrne amounted to £18,741 (2023: £24,041).
During the year, the company advanced £5,395 (2023: £375) to the director, Ms L B Owen and was repaid £312 (2023: £312) against the same balance. At 28 February 2024, the balance owed by the company to the director, Ms L B Owen amounted to £19,082 (2023: £24,165).
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
2
2
3
Going concern
At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.
OSP NO2 Limited is a private company limited by shares incorporated in England and Wales. The registered office is Office 30, Basepoint Business Centre, Riverside Court, Beaufort Park Way, Chepstow, Monmouthshire, United Kingdom, NP16 5UH.
For the year ended 28 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
OSP NO2 LIMITED
BALANCE SHEET (CONTINUED)
AS AT 28 FEBRUARY 2024
28 February 2024
- 2 -
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 8 November 2024 and are signed on its behalf by:
Ms V A Byrne
Mrs L B Owen
Director
Director
Company Registration Number 09400430