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REGISTERED NUMBER: 06489720 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st March 2025

for

Omniscient Systems Management Limited

Omniscient Systems Management Limited (Registered number: 06489720)

Contents of the Financial Statements
for the Year Ended 31st March 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Omniscient Systems Management Limited

Company Information
for the Year Ended 31st March 2025







DIRECTORS: Mr S Lancashire
Mrs K Lancashire





SECRETARY: Mrs K Lancashire





REGISTERED OFFICE: New Farm - EPOSGEAR
Rolleston Lane
Tutbury
Burton-on-Trent
Staffordshire
DE65 6BW





REGISTERED NUMBER: 06489720 (England and Wales)





ACCOUNTANTS: Adrian Mooy & Co Limited
Chartered Certified Accountants
61 Friar Gate
Derby
DE1 1DJ

Omniscient Systems Management Limited (Registered number: 06489720)

Balance Sheet
31st March 2025

31.3.25 31.3.24
Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 14,257 19,009

CURRENT ASSETS
Inventories 5 820,650 929,722
Debtors 6 - 518
Cash at bank 12,054 13,535
832,704 943,775
CREDITORS
Amounts falling due within one year 7 (115,584 ) (210,595 )
NET CURRENT ASSETS 717,120 733,180
TOTAL ASSETS LESS CURRENT
LIABILITIES

731,377

752,189

CREDITORS
Amounts falling due after more than one
year

8

(125,633

)

-
NET ASSETS 605,744 752,189

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 605,644 752,089
SHAREHOLDERS' FUNDS 605,744 752,189

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 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.

Omniscient Systems Management Limited (Registered number: 06489720)

Balance Sheet - continued
31st March 2025


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 Board of Directors and authorised for issue on 12th May 2025 and were signed on its behalf by:




Mr S Lancashire - Director



Mrs K Lancashire - Director


Omniscient Systems Management Limited (Registered number: 06489720)

Notes to the Financial Statements
for the Year Ended 31st March 2025


1. STATUTORY INFORMATION

Omniscient Systems Management 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
Revenue 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.

Stocks
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Omniscient Systems Management Limited (Registered number: 06489720)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2025


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2024 - 12 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
£   
COST
At 1st April 2024
and 31st March 2025 53,734
DEPRECIATION
At 1st April 2024 34,725
Charge for year 4,752
At 31st March 2025 39,477
NET BOOK VALUE
At 31st March 2025 14,257
At 31st March 2024 19,009

5. INVENTORIES
31.3.25 31.3.24
£    £   
Stocks 820,650 929,722

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors - 518

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans and overdrafts 20,000 -
Other loans 25,000 67,464
Trade creditors 15,533 49,162
Tax (5,936 ) 5,936
VAT 13,074 53,117
Directors' current accounts 41,701 29,451
Accrued expenses 6,212 5,465
115,584 210,595

Omniscient Systems Management Limited (Registered number: 06489720)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2025


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.25 31.3.24
£    £   
Bank loans - 1-2 years 20,000 -
Bank loans - 2-5 years 49,383 -
Other loans - 1-2 years 25,000 -
Other loans - 2-5 years 31,250 -
125,633 -

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.25 31.3.24
value: £    £   
100 Ordinary 1 100 100