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Company No: 04923164 (England and Wales)

OSIRIAN GROUP LIMITED

Unaudited Financial Statements
For the financial year ended 31 December 2024
Pages for filing with the registrar

OSIRIAN GROUP LIMITED

Unaudited Financial Statements

For the financial year ended 31 December 2024

Contents

OSIRIAN GROUP LIMITED

COMPANY INFORMATION

For the financial year ended 31 December 2024
OSIRIAN GROUP LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 31 December 2024
Director Colin Lapthorn
Secretary Tanya Page
Registered office 25 Underhill
Moulsford
Wallingford
OX10 9JH
United Kingdom
Company number 04923164 (England and Wales)
Accountant Kreston Reeves LLP
2nd Floor
168 Shoreditch High Street
London
E1 6RA

ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF
THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF OSIRIAN GROUP LIMITED

For the financial year ended 31 December 2024

ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF
THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF OSIRIAN GROUP LIMITED (continued)

For the financial year ended 31 December 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Osirian Group Limited for the financial year ended 31 December 2024 which comprise the Balance Sheet and the related notes 1 to 8 from the Company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/regulation.

It is your duty to ensure that Osirian Group Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Osirian Group Limited. You consider that Osirian Group Limited is exempt from the statutory audit requirement for the financial year.

We have not been instructed to carry out an audit or a review of the financial statements of Osirian Group Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

This report is made solely to the Director of Osirian Group Limited, as a body, in accordance with the terms of our engagement letter dated 18 April 2024. Our work has been undertaken solely to prepare for your approval the financial statements of Osirian Group Limited and state those matters that we have agreed to state to the director of Osirian Group Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Osirian Group Limited and its Director as a body for our work or for this report.

Kreston Reeves LLP
Chartered Accountants

2nd Floor
168 Shoreditch High Street
London
E1 6RA

22 May 2025

OSIRIAN GROUP LIMITED

BALANCE SHEET

As at 31 December 2024
OSIRIAN GROUP LIMITED

BALANCE SHEET (continued)

As at 31 December 2024
Note 2024 2023
£ £
Fixed assets
Investments 3 1,100 1,100
1,100 1,100
Current assets
Debtors 4 42,571 44,718
Cash at bank and in hand 40 32
42,611 44,750
Creditors: amounts falling due within one year 5 ( 1,845) ( 4,383)
Net current assets 40,766 40,367
Total assets less current liabilities 41,866 41,467
Net assets 41,866 41,467
Capital and reserves
Called-up share capital 6 991 991
Capital redemption reserve 109 109
Profit and loss account 40,766 40,367
Total shareholders' funds 41,866 41,467

For the financial year ending 31 December 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of Osirian Group Limited (registered number: 04923164) were approved and authorised for issue by the Director on 22 May 2025. They were signed on its behalf by:

Colin Lapthorn
Director
OSIRIAN GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2024
OSIRIAN GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Osirian Group Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 25 Underhill, Moulsford, Wallingford, OX10 9JH, United Kingdom.

The principal activity of the company in the year under review was that of a holding company.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded the nearest £.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the Balance Sheet date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the Balance Sheet date. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Interest income

Interest income is recognised when it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding at the effective interest rate applicable, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to that asset's net carrying amount on initial recognition.

Finance costs

Finance costs are charged to the Statement of Comprehensive Income over the term of the debt using the effective interest method so the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Investments
Investments in subsidiaries are measure at cost less accumulated impairment.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 2 2

3. Fixed asset investments

Investments in subsidiaries

2024
£
Cost
At 01 January 2024 1,100
At 31 December 2024 1,100
Carrying value at 31 December 2024 1,100
Carrying value at 31 December 2023 1,100

4. Debtors

2024 2023
£ £
Amounts owed by Group undertakings 32,481 4,968
Corporation tax 200 0
Other debtors 9,890 39,750
42,571 44,718

5. Creditors: amounts falling due within one year

2024 2023
£ £
Trade creditors 8 281
Taxation and social security 0 3,625
Other creditors 1,837 477
1,845 4,383

6. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
750 A ordinary shares of £ 1.00 each 750 750
241 B ordinary shares of £ 1.00 each 241 241
991 991

7. Related party transactions

During the year Osirian Consulting Limited paid an interim dividend of £100,000 (2023: £100,000) to Osirian Group Limited.

The balance owed to Osirian Consulting Limited at the year end was £32,481 (2023: £4,968) and is included within 'Debtors amounts owed by group undertakings'. Interest of £1,951 (2023: £1,558) has been accrued in relation to the loan.

As at the year end the company was owed £ Nil from C J Lapthorn (2023: £30,000).

8. Ultimate controlling party

The company is under the control of C J Lapthorn.