1 January 2023 false No description of principal activity Taxfiler 2024.6 SC674371business:PrivateLimitedCompanyLtd2023-01-012023-12-31 SC6743712022-12-31 SC6743712023-01-012023-12-31 SC674371business:AuditExemptWithAccountantsReport2023-01-012023-12-31 SC674371business:FilletedAccounts2023-01-012023-12-31 SC6743712023-12-31 SC674371business:Director12023-01-012023-12-31 SC674371business:RegisteredOffice2023-01-012023-12-31 SC6743712022-12-31 SC674371core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 SC674371core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 SC674371core:CapitalRedemptionReservecore:PreviouslyStatedAmount2023-12-31 SC674371core:CapitalRedemptionReservecore:PreviouslyStatedAmount2022-12-31 SC674371core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 SC674371core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 SC674371core:PreviouslyStatedAmount2023-12-31 SC674371core:PreviouslyStatedAmount2022-12-31 SC674371business:SmallEntities2023-01-012023-12-31 SC674371countries:Scotland2023-01-012023-12-31 SC674371core:PlantMachinery2023-01-012023-12-31 SC674371core:FurnitureFittings2023-01-012023-12-31 SC674371core:ComputerEquipment2023-01-012023-12-31 SC674371core:LandBuildings2022-12-31 SC674371core:PlantMachinery2022-12-31 SC674371core:FurnitureFittings2022-12-31 SC674371core:ComputerEquipment2022-12-31 SC674371core:LandBuildings2023-01-012023-12-31 SC674371core:LandBuildings2023-12-31 SC674371core:PlantMachinery2023-12-31 SC674371core:FurnitureFittings2023-12-31 SC674371core:ComputerEquipment2023-12-31 SC674371core:WithinOneYear2023-12-31 SC674371core:WithinOneYear2022-12-31 SC674371core:AfterOneYear2023-12-31 SC674371core:AfterOneYear2022-12-31 SC6743712022-01-012022-12-31 iso4217:GBP xbrli:pure
Company Registration No. SC674371 (Scotland)
OS1A LTD Unaudited accounts for the year ended 31 December 2023
OS1A LTD Unaudited accounts Contents
Page
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OS1A LTD Company Information for the year ended 31 December 2023
Director
Marcin Mioduszewski
Company Number
SC674371 (Scotland)
Registered Office
101 Rose Street South Lane Edinburgh Midlothian EH2 3JG Scotland
Accountants
Euro Lex Ltd 27 Old Gloucester Street London WC1N 3AX
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OS1A LTD Accountants' report
Accountants' report to the director of OS1A LTD on the preparation of the unaudited statutory accounts for the year ended 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of OS1A LTD for the year ended 31 December 2023 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of OS1A LTD, as a body, in accordance with the terms of our engagement letter dated 20 November 2023. Our work has been undertaken solely to prepare for your approval the accounts of OS1A LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than OS1A LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that OS1A 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 OS1A LTD. You consider that OS1A 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 OS1A 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.
Euro Lex Ltd 27 Old Gloucester Street London WC1N 3AX 28 November 2024
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OS1A LTD Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
218,143 
335,129 
Current assets
Inventories
- 
22,000 
Debtors
344,147 
140,410 
Investments
999 
4,358 
Cash at bank and in hand
36,084 
3,664 
381,230 
170,432 
Net current assets
381,230 
170,432 
Total assets less current liabilities
599,373 
505,561 
Provisions for liabilities
Other provisions
- 
121,663 
Net assets
599,373 
627,224 
Capital and reserves
Called up share capital
492,000 
492,000 
Capital redemption reserve
133,438 
136,251 
Profit and loss account
(26,065)
(1,027)
Shareholders' funds
599,373 
627,224 
For the year ending 31 December 2023 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 29 November 2024 and were signed on its behalf by
Marcin Mioduszewski Director Company Registration No. SC674371
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OS1A LTD Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
OS1A LTD is a private company, limited by shares, registered in Scotland, registration number SC674371. The registered office is 101 Rose Street South Lane, Edinburgh, Midlothian, EH2 3JG, Scotland.
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
18%
Fixtures & fittings
25%
Computer equipment
30%
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 January 2023
218,743 
42,216 
62,554 
48,211 
371,724 
Additions
- 
- 
10,014 
- 
10,014 
At 31 December 2023
218,743 
42,216 
72,568 
48,211 
381,738 
Depreciation
At 1 January 2023
- 
7,599 
14,533 
14,463 
36,595 
Charge for the year
16,011 
- 
- 
- 
16,011 
On disposals
- 
34,617 
48,021 
28,351 
110,989 
At 31 December 2023
16,011 
42,216 
62,554 
42,814 
163,595 
Net book value
At 31 December 2023
202,732 
- 
10,014 
5,397 
218,143 
At 31 December 2022
218,743 
34,617 
48,021 
33,748 
335,129 
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OS1A LTD Notes to the Accounts for the year ended 31 December 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
608 
- 
Trade debtors
17,915 
140,410 
Amounts due from group undertakings etc.
179 
- 
Other debtors
161,735 
- 
180,437 
140,410 
Amounts falling due after more than one year
Other debtors
163,710 
- 
6
Investments held as current assets
2023 
2022 
£ 
£ 
Listed investments
999 
4,358 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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