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REGISTERED NUMBER: 10792307 (England and Wales)












Unaudited Financial Statements

For The Year Ended 30 June 2024

for

Osco Design Limited

Osco Design Limited (Registered number: 10792307)






Contents of the Financial Statements
For The Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Osco Design Limited

Company Information
For The Year Ended 30 June 2024







DIRECTORS: Ms A E Gurney
J P Massey





SECRETARY: Ms A E Gurney





REGISTERED OFFICE: Units 25 - 27 Mayfield Avenue Ind Est
Fyfield Road
Weyhill
Andover
Hampshire
SP11 8HU





REGISTERED NUMBER: 10792307 (England and Wales)





ACCOUNTANTS: Butler & Co (Bishops Waltham) Limited
Chartered Accountants
Avalon House
Waltham Business Park
Brickyard Road, Swanmore
Southampton
Hampshire
SO32 2SA

Osco Design Limited (Registered number: 10792307)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Investments 5 900,002 900,002

CURRENT ASSETS
Cash at bank 27 1,007

CREDITORS
Amounts falling due within one year 6 456,529 457,661
NET CURRENT LIABILITIES (456,502 ) (456,654 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

443,500

443,348

CAPITAL AND RESERVES
Called up share capital 1,866 1,866
Share premium 351,755 351,755
Retained earnings 89,879 89,727
SHAREHOLDERS' FUNDS 443,500 443,348

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

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

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 March 2025 and were signed on its behalf by:





J P Massey - Director


Osco Design Limited (Registered number: 10792307)

Notes to the Financial Statements
For The Year Ended 30 June 2024

1. STATUTORY INFORMATION

Osco Design 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Preparation of consolidated financial statements
The financial statements contain information about Osco Design Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Significant judgements and estimates
No significant judgements, estimations and uncertainties have arisen in the preparation of the financial statements.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at fair value with gains or losses in profit and loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Osco Design Limited (Registered number: 10792307)

Notes to the Financial Statements - continued
For The Year Ended 30 June 2024

4. EMPLOYEES AND DIRECTORS

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

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST OR VALUATION
At 1 July 2023
and 30 June 2024 900,002
NET BOOK VALUE
At 30 June 2024 900,002
At 30 June 2023 900,002

Cost or valuation at 30 June 2024 is represented by:

Shares in
group
undertakings
£   
Valuation in 2019 543,671
Cost 356,331
900,002

Investments in subsidiaries, associates and jointly controlled entities are measured at fair value with changes in fair value recognised in profit or loss.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Amounts owed to group undertakings 456,529 457,658
Other creditors - 3
456,529 457,661

7. RELATED PARTY DISCLOSURES

Osco Design Limited is the parent company of Osco Europe Limited, a company registered in England and Wales, holding 100% of its share capital.

Osco Design Limited is the parent company of Osco Nominees Limited, a company registered in England and Wales, holding 100% of its share capital.

During the year the company had transactions with related parties, including inter-company loan relationships which were carried out under normal market conditions.