Acorah Software Products - Accounts Production 16.2.850 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 12759492 Mr Jason Osler iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12759492 2023-07-31 12759492 2024-07-31 12759492 2023-08-01 2024-07-31 12759492 frs-core:CurrentFinancialInstruments 2024-07-31 12759492 frs-core:MotorVehicles 2024-07-31 12759492 frs-core:MotorVehicles 2023-08-01 2024-07-31 12759492 frs-core:MotorVehicles 2023-07-31 12759492 frs-core:ShareCapital 2024-07-31 12759492 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 12759492 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 12759492 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 12759492 frs-bus:SmallEntities 2023-08-01 2024-07-31 12759492 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 12759492 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 12759492 frs-bus:Director1 2023-08-01 2024-07-31 12759492 frs-countries:EnglandWales 2023-08-01 2024-07-31 12759492 2022-07-31 12759492 2023-07-31 12759492 2022-08-01 2023-07-31 12759492 frs-core:CurrentFinancialInstruments 2023-07-31 12759492 frs-core:ShareCapital 2023-07-31 12759492 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 12759492
OSLER HOLDING LIMITED
Unaudited Financial Statements
For The Year Ended 31 July 2024
B S Panesar & Associates Ltd
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 12759492
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 224,030 -
224,030 -
CURRENT ASSETS
Cash at bank and in hand 1,320,350 10,100
1,320,350 10,100
Creditors: Amounts Falling Due Within One Year 5 (1,605,800 ) (10,720 )
NET CURRENT ASSETS (LIABILITIES) (285,450 ) (620 )
TOTAL ASSETS LESS CURRENT LIABILITIES (61,420 ) (620 )
NET LIABILITIES (61,420 ) (620 )
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account (61,520 ) (720 )
SHAREHOLDERS' FUNDS (61,420) (620)
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 member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Jason Osler
Director
21/04/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
OSLER HOLDING LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 12759492 . The registered office is Osprey House, Brymbo Road, Lymedale Business Park, Newcastle, Staffordshire, ST5 9HX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles Straight line over 5 years
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Motor Vehicles
£
Cost
As at 1 August 2023 -
Additions 280,030
As at 31 July 2024 280,030
Depreciation
As at 1 August 2023 -
Provided during the period 56,000
As at 31 July 2024 56,000
Net Book Value
As at 31 July 2024 224,030
As at 1 August 2023 -
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Amounts owed to participating interests 1,601,000 10,000
Other creditors 4,800 720
1,605,800 10,720
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 2
Page 3
7. Related Party Transactions
During the year, the company received a loan of £1,600,000 from Givenergy PTE Limited, a company incorporated in Singapore. Jason Osler, a director and shareholder of Osler Holdings Limited, is also a director and significant shareholder of Givenergy PTE Limited. As such, this constitutes a related party transaction under FRS 102.
At the balance sheet date, the amount owed to Givenergy PTE Limited was £1,600,000 (2024: £Nil).
The loan is unsecured, interest-free and repayable on demand. No repayments were made during the financial year.
Page 3