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REGISTERED NUMBER: 04940068 (England and Wales)






Financial Statements

for the Year Ended 30 June 2024

for

ODYSSEY GROUP HOLDINGS LIMITED

ODYSSEY GROUP HOLDINGS LIMITED (REGISTERED NUMBER: 04940068)

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










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


ODYSSEY GROUP HOLDINGS LIMITED

Company Information
for the Year Ended 30 June 2024







DIRECTOR: P M Ward





SECRETARY: P M Ward





REGISTERED OFFICE: Beacon House
South Road
Weybridge
Surrey
KT13 9DZ





REGISTERED NUMBER: 04940068 (England and Wales)





AUDITORS: Pembroke Briggs Chartered Accountants
Beacon House
South Road
Weybridge
Surrey
KT13 9DZ

ODYSSEY GROUP HOLDINGS LIMITED (REGISTERED NUMBER: 04940068)

Abridged Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 540 3,776
Investments 5 1,127,000 1,127,000
1,127,540 1,130,776

CURRENT ASSETS
Debtors 3,866,266 3,870,662
Cash at bank 106,285 272,269
3,972,551 4,142,931
CREDITORS
Amounts falling due within one
year

251,551

11,169
NET CURRENT ASSETS 3,721,000 4,131,762
TOTAL ASSETS LESS
CURRENT LIABILITIES

4,848,540

5,262,538

CREDITORS
Amounts falling due after more
than one year

1,485,556

2,010,309
NET ASSETS 3,362,984 3,252,229

CAPITAL AND RESERVES
Called up share capital 339,030 339,030
Capital redemption reserve 52,312 52,312
Retained earnings 2,971,642 2,860,887
SHAREHOLDERS' FUNDS 3,362,984 3,252,229

ODYSSEY GROUP HOLDINGS LIMITED (REGISTERED NUMBER: 04940068)

Abridged Balance Sheet - continued
30 June 2024


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 June 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 February 2025 and were signed by:





P M Ward - Director


ODYSSEY GROUP HOLDINGS LIMITED (REGISTERED NUMBER: 04940068)

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


1. STATUTORY INFORMATION

Odyssey Group Holdings 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. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. 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.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at 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.


ODYSSEY GROUP HOLDINGS LIMITED (REGISTERED NUMBER: 04940068)

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


2. ACCOUNTING POLICIES - continued
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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 July 2023
and 30 June 2024 51,680
DEPRECIATION
At 1 July 2023 47,904
Charge for year 3,236
At 30 June 2024 51,140
NET BOOK VALUE
At 30 June 2024 540
At 30 June 2023 3,776

ODYSSEY GROUP HOLDINGS LIMITED (REGISTERED NUMBER: 04940068)

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


5. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 July 2023
and 30 June 2024 1,127,000
NET BOOK VALUE
At 30 June 2024 1,127,000
At 30 June 2023 1,127,000

6. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

S Briggs (Senior Statutory Auditor)
for and on behalf of Pembroke Briggs Chartered Accountants