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REGISTERED NUMBER: 08082551 (England and Wales)
















OPEN ARCHITECTURE MANAGEMENT LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024






OPEN ARCHITECTURE MANAGEMENT LTD (REGISTERED NUMBER: 08082551)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


OPEN ARCHITECTURE MANAGEMENT LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: G Friend
S M Mason





REGISTERED OFFICE: 2 Lakeview Stables
Lower St. Clere
Kemsing
Sevenoaks
Kent
TN15 6NL





REGISTERED NUMBER: 08082551 (England and Wales)





ACCOUNTANTS: Lakeview Southern Limited
Chartered Accountants
2 Lakeview Stables
Lower St. Clere
Kemsing
Sevenoaks
Kent
TN15 6NL

OPEN ARCHITECTURE MANAGEMENT LTD (REGISTERED NUMBER: 08082551)

BALANCE SHEET
31 DECEMBER 2024

31.12.24 31.12.23
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 14,250 17,250
Tangible assets 5 8,833 8,883
23,083 26,133

CURRENT ASSETS
Debtors 6 143,022 94,664
Cash at bank and in hand 403,360 391,163
546,382 485,827
CREDITORS
Amounts falling due within one year 7 159,271 154,736
NET CURRENT ASSETS 387,111 331,091
TOTAL ASSETS LESS CURRENT
LIABILITIES

410,194

357,224

PROVISIONS FOR LIABILITIES - 2,221
NET ASSETS 410,194 355,003

CAPITAL AND RESERVES
Called up share capital 72 72
Capital redemption reserve 28 28
Retained earnings 410,094 354,903
SHAREHOLDERS' FUNDS 410,194 355,003

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

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

OPEN ARCHITECTURE MANAGEMENT LTD (REGISTERED NUMBER: 08082551)

BALANCE SHEET - continued
31 DECEMBER 2024


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 28 May 2025 and were signed on its behalf by:





S M Mason - Director


OPEN ARCHITECTURE MANAGEMENT LTD (REGISTERED NUMBER: 08082551)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024


1. STATUTORY INFORMATION

Open Architecture Management Ltd 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

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.

OPEN ARCHITECTURE MANAGEMENT LTD (REGISTERED NUMBER: 08082551)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


2. ACCOUNTING POLICIES - continued

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 10 (2023 - 10 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2024
and 31 December 2024 30,000
AMORTISATION
At 1 January 2024 12,750
Charge for year 3,000
At 31 December 2024 15,750
NET BOOK VALUE
At 31 December 2024 14,250
At 31 December 2023 17,250

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024 20,842
Additions 2,895
At 31 December 2024 23,737
DEPRECIATION
At 1 January 2024 11,959
Charge for year 2,945
At 31 December 2024 14,904
NET BOOK VALUE
At 31 December 2024 8,833
At 31 December 2023 8,883

OPEN ARCHITECTURE MANAGEMENT LTD (REGISTERED NUMBER: 08082551)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 103,994 59,463
Amounts recoverable on contract 3,435 2,500
Other debtors 35,593 32,701
143,022 94,664

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 7,109 7,349
Taxation and social security 145,949 106,749
Other creditors 6,213 40,638
159,271 154,736

8. RELATED PARTY DISCLOSURES

Dividends have been paid to the directors in their capacity as shareholders.

As at the balance sheet date the company owed the directors £144 (2023: £34,844).