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REGISTERED NUMBER: 10741566 (England and Wales)










Unaudited Financial Statements

for the Year Ended 30 April 2024

for

Open Space Aluminium Limited

Open Space Aluminium Limited (Registered number: 10741566)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Open Space Aluminium Limited

Company Information
for the Year Ended 30 April 2024







DIRECTOR: Mr J Tate





REGISTERED OFFICE: Victoria Street
Leigh
WN7 5SE





REGISTERED NUMBER: 10741566 (England and Wales)





ACCOUNTANTS: Thompson Jones Business Solutions Limited
2 Heap Bridge
Bury
Lancashire
BL9 7HR

Open Space Aluminium Limited (Registered number: 10741566)

Balance Sheet
30 April 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 5 37,948 4,573
Investments 6 - 5,000
37,948 9,573

CURRENT ASSETS
Debtors 7 22,973 42,321
Prepayments and accrued income 2,850 2,850
Cash at bank 14,648 15,993
40,471 61,164
CREDITORS
Amounts falling due within one year 8 (30,486 ) (31,161 )
NET CURRENT ASSETS 9,985 30,003
TOTAL ASSETS LESS CURRENT
LIABILITIES

47,933

39,576

CREDITORS
Amounts falling due after more than one
year

9

(64,937

)

(37,325

)
NET (LIABILITIES)/ASSETS (17,004 ) 2,251

CAPITAL AND RESERVES
Called up share capital 10 2 2
Retained earnings (17,006 ) 2,249
SHAREHOLDERS' FUNDS (17,004 ) 2,251

Open Space Aluminium Limited (Registered number: 10741566)

Balance Sheet - continued
30 April 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 January 2025 and were signed by:





Mr J Tate - Director


Open Space Aluminium Limited (Registered number: 10741566)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Open Space Aluminium Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
The financial statements have been prepared under the historical cost convention.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 33% on cost
Fixtures and fittings - 33% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Open Space Aluminium Limited (Registered number: 10741566)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 May 2023 4,489 11,809 13,583 22,275 52,156
Additions - 36,044 - 3,760 39,804
At 30 April 2024 4,489 47,853 13,583 26,035 91,960
DEPRECIATION
At 1 May 2023 4,136 11,646 10,187 21,614 47,583
Charge for year 347 1,537 3,396 1,149 6,429
At 30 April 2024 4,483 13,183 13,583 22,763 54,012
NET BOOK VALUE
At 30 April 2024 6 34,670 - 3,272 37,948
At 30 April 2023 353 163 3,396 661 4,573

6. FIXED ASSET INVESTMENTS

Investments as follows:
2024 2023
£ £
Investments - 5,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 8,493 40,713
Other debtors 14,480 1,608
22,973 42,321

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 23,319 14,676
Trade creditors 1,509 7,885
Taxation and social security 1,858 4,881
Other creditors 3,800 3,719
30,486 31,161

Open Space Aluminium Limited (Registered number: 10741566)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 64,937 37,325

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2 Ordinary 1 2 2