3 October 2023 false No description of principal activity Taxfiler 2024.6 15184005business:PrivateLimitedCompanyLtd2023-10-032024-10-31 151840052023-10-02 151840052023-10-032024-10-31 15184005business:AuditExempt-NoAccountantsReport2023-10-032024-10-31 15184005business:FilletedAccounts2023-10-032024-10-31 151840052024-10-31 15184005business:Director12023-10-032024-10-31 15184005business:RegisteredOffice2023-10-032024-10-31 15184005core:WithinOneYear2024-10-31 15184005core:ShareCapitalcore:PreviouslyStatedAmount2024-10-31 15184005core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-10-31 15184005core:PreviouslyStatedAmount2024-10-31 15184005business:SmallEntities2023-10-032024-10-31 15184005countries:EnglandWales2023-10-032024-10-31 15184005core:ComputerEquipment2023-10-032024-10-31 15184005core:ComputerEquipment2023-10-02 15184005core:ComputerEquipment2024-10-31 iso4217:GBP xbrli:pure
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
Page
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Oscar Masood Limited Company Information for the period from 3 October 2023 to 31 October 2024
Director
O Masood
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
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Oscar Masood Limited Statement of financial position as at 31 October 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
1,619 
Current assets
Cash at bank and in hand
1,012 
Creditors: amounts falling due within one year
(3,665)
Net current liabilities
(2,653)
Net liabilities
(1,034)
Capital and reserves
Called up share capital
1 
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
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Oscar Masood Limited Notes to the Accounts for the period from 3 October 2023 to 31 October 2024
1
Statutory information
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.
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 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.
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 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 taxation
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.
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 3 October 2023
- 
Additions
1,943 
At 31 October 2024
1,943 
Depreciation
Charge for the period
324 
At 31 October 2024
324 
Net book value
At 31 October 2024
1,619 
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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 
Accruals
150 
3,665 
6
Average number of employees
During the period the average number of employees was 1.
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