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Company Registration No. 12784594 (England and Wales)
Ossett Emporium Ltd Unaudited accounts for the year ended 31 July 2024
Ossett Emporium Ltd Unaudited accounts Contents
Page
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Ossett Emporium Ltd Company Information for the year ended 31 July 2024
Directors
Martin Hancox Chloe Hancox
Company Number
12784594 (England and Wales)
Registered Office
UNIT 2 & 3 SEEMORE SHOPPING CENTRE DALE STREET OSSETT WF5 9BN ENGLAND
Accountants
Clear Accountancy Services (Yorkshire) Ltd 10 New Street Ossett West Yorkshire WF5 8BH
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Ossett Emporium Ltd Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
9,400 
18,800 
Tangible assets
17,806 
23,694 
27,206 
42,494 
Current assets
Inventories
42,457 
42,092 
Debtors
303 
356 
Cash at bank and in hand
7,499 
19,502 
50,259 
61,950 
Creditors: amounts falling due within one year
(49,960)
(71,240)
Net current assets/(liabilities)
299 
(9,290)
Net assets
27,505 
33,204 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
27,405 
33,104 
Shareholders' funds
27,505 
33,204 
For the year ending 31 July 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 directors acknowledge their 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 of Directors and authorised for issue on 1 March 2025 and were signed on its behalf by
Martin Hancox Director Company Registration No. 12784594
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Ossett Emporium Ltd Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Ossett Emporium Ltd is a private company, limited by shares, registered in England and Wales, registration number 12784594. The registered office is UNIT 2 & 3 SEEMORE SHOPPING CENTRE, DALE STREET, OSSETT, WF5 9BN, 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 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:
Computer equipment
15%
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 August 2023
47,000 
At 31 July 2024
47,000 
Amortisation
At 1 August 2023
28,200 
Charge for the year
9,400 
At 31 July 2024
37,600 
Net book value
At 31 July 2024
9,400 
At 31 July 2023
18,800 
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Ossett Emporium Ltd Notes to the Accounts for the year ended 31 July 2024
5
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 August 2023
30,058 
1,681 
31,739 
At 31 July 2024
30,058 
1,681 
31,739 
Depreciation
At 1 August 2023
7,515 
530 
8,045 
Charge for the year
5,636 
252 
5,888 
At 31 July 2024
13,151 
782 
13,933 
Net book value
At 31 July 2024
16,907 
899 
17,806 
At 31 July 2023
22,543 
1,151 
23,694 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
303 
356 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
4,494 
4,818 
Taxes and social security
1,446 
2,578 
Loans from directors
44,020 
63,844 
49,960 
71,240 
8
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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