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REGISTERED NUMBER: 02166704 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2024

for

Oslo Computers Limited

Oslo Computers Limited (Registered number: 02166704)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Oslo Computers Limited

Company Information
for the Year Ended 31 October 2024







DIRECTOR: Mrs S Godley





REGISTERED OFFICE: 4 Lavender Grove
Beeston
Nottingham
Nottinghamshire
NG9 1QJ





REGISTERED NUMBER: 02166704 (England and Wales)





ACCOUNTANTS: CVH Accounting
210 Lower Regent Street
Beeston
Nottingham
NG9 2DD

Oslo Computers Limited (Registered number: 02166704)

Balance Sheet
31 October 2024

31.10.24 31.10.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 428,163 428,303

CURRENT ASSETS
Cash at bank 10,106 9,337

CREDITORS
Amounts falling due within one year 5 47,643 53,708
NET CURRENT LIABILITIES (37,537 ) (44,371 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

390,626

383,932

CREDITORS
Amounts falling due after more than one
year

6

59,264

69,822
NET ASSETS 331,362 314,110

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 331,262 314,010
331,362 314,110

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 April 2025 and were signed by:




Mrs S Godley - Director


Oslo Computers Limited (Registered number: 02166704)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

Oslo Computers 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

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.

3. EMPLOYEES AND DIRECTORS

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

Oslo Computers Limited (Registered number: 02166704)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

4. TANGIBLE FIXED ASSETS
Freehold Computer
property equipment Totals
£    £    £   
COST
At 1 November 2023
and 31 October 2024 428,156 5,730 433,886
DEPRECIATION
At 1 November 2023 - 5,583 5,583
Charge for year - 140 140
At 31 October 2024 - 5,723 5,723
NET BOOK VALUE
At 31 October 2024 428,156 7 428,163
At 31 October 2023 428,156 147 428,303

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Other loans 15,865 20,318
Trade creditors 1 -
Tax 4,079 5,936
Directors' current accounts 26,630 26,440
Accrued expenses 1,068 1,014
47,643 53,708

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.24 31.10.23
£    £   
Other loans more 5yrs instal 59,264 69,822

Amounts falling due in more than five years:

Repayable by instalments
Other loans more 5yrs instal 59,264 69,822

7. SECURED DEBTS

The following secured debts are included within creditors:

31.10.24 31.10.23
£    £   
Other loans 75,129 90,140

The Building Society loan is secured by a fixed charge on the freehold properties.