Company Registration No. 06831239 (England and Wales)
Osprey Electrical Limited
Unaudited accounts
for the year ended 29 February 2024
Osprey Electrical Limited
Unaudited accounts
Contents
Osprey Electrical Limited
Company Information
for the year ended 29 February 2024
Company Number
06831239 (England and Wales)
Osprey Electrical Limited
Statement of financial position
as at 29 February 2024
Cash at bank and in hand
361
845
Creditors: amounts falling due within one year
4,922
9,633
Net current assets
11,739
11,582
Called up share capital
2
2
Profit and loss account
12,350
12,397
Shareholders' funds
12,352
12,399
For the year ending 29 February 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 2 December 2024 and were signed on its behalf by
Steven Young
Director
Company Registration No. 06831239
Osprey Electrical Limited
Notes to the Accounts
for the year ended 29 February 2024
Osprey Electrical Limited is a private company, limited by shares, registered in England and Wales, registration number 06831239.
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.
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.
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
25% reducing balance
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
4
Tangible fixed assets
Plant & machinery
At 29 February 2024
20,484
At 29 February 2024
19,871
Amounts falling due after more than one year
Osprey Electrical Limited
Notes to the Accounts
for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
46,623
29,478
Loans from directors
(51,992)
(39,111)
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).