Company Registration No. 15184005 (England and Wales)
Oscar Masood Limited
Unaudited accounts
for the period from 3 October 2023 to 31 October 2024
Oscar Masood Limited
Unaudited accounts
Contents
Oscar Masood Limited
Company Information
for the period from 3 October 2023 to 31 October 2024
Company Number
15184005 (England and Wales)
Registered Office
61 Plodder Lane
Farnworth
Bolton
BL4 0BX
England
Accountants
Daniel Sam Limited
61 Plodder Lane
Farnworth
Bolton
BL4 0BX
Oscar Masood Limited
Statement of financial position
as at 31 October 2024
Cash at bank and in hand
1,012
Creditors: amounts falling due within one year
(3,665)
Net current liabilities
(2,653)
Profit and loss account
(1,035)
Shareholders' funds
(1,034)
For the period ending 31 October 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 6 January 2025 and were signed on its behalf by
O Masood
Director
Company Registration No. 15184005
Oscar Masood Limited
Notes to the Accounts
for the period from 3 October 2023 to 31 October 2024
Oscar Masood Limited is a private company, limited by shares, registered in England and Wales, registration number 15184005. The registered office is 61 Plodder Lane, Farnworth, Bolton, BL4 0BX, England.
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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 been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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 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:
Computer equipment
20% on cost
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
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Tangible fixed assets
Computer equipment
Oscar Masood Limited
Notes to the Accounts
for the period from 3 October 2023 to 31 October 2024
5
Creditors: amounts falling due within one year
2024
Loans from directors
3,515
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Average number of employees
During the period the average number of employees was 1.