Company registration number 09799749 (England and Wales)
THE OPC GROUP LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
PAGES FOR FILING WITH REGISTRAR
THE OPC GROUP LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
The OPC Group Limited
THE OPC GROUP LIMITED
Balance Sheet
as at 30 September 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
5,382
4,416
Current assets
Debtors
4
915,881
518,939
Cash at bank and in hand
21,842
207,821
937,723
726,760
Creditors: amounts falling due within one year
5
(610,820)
(385,150)
Net current assets
326,903
341,610
Total assets less current liabilities
332,285
346,026
Creditors: amounts falling due after more than one year
6
(10,000)
(20,000)
Net assets
322,285
326,026
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
322,185
325,926
Total equity
322,285
326,026

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 10 June 2025
D Waller
Director
Company Registration No. 09799749
THE OPC GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 2 -
1
Accounting policies
Company information

The OPC Group Limited is a private company limited by shares incorporated in England and Wales. The registered office is 71-73 Moore Avenue, Wibsey, Bradford, West Yorkshire, BD6 3HJ.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures, fittings & equipment
15% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

1.5
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

1.6
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

THE OPC GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
1
Accounting policies
(Continued)
- 3 -
1.7
Leases

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
18
18
3
Tangible fixed assets
Fixtures, fittings & equipment
£
Cost
At 1 October 2023
11,812
Additions
1,943
At 30 September 2024
13,755
Depreciation and impairment
At 1 October 2023
7,396
Depreciation charged in the year
977
At 30 September 2024
8,373
Carrying amount
At 30 September 2024
5,382
At 30 September 2023
4,416
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
485,499
427,058
Amounts due from parent undertakings
421,355
80,000
Other debtors
9,027
6,804
Prepayments and accrued income
-
0
5,077
915,881
518,939
THE OPC GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 4 -
5
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans
10,000
10,000
Trade creditors
277,639
244,391
Corporation tax
81,772
55,556
Other taxation and social security
137,408
70,325
Other creditors
98,891
2,378
Accruals and deferred income
5,110
2,500
610,820
385,150
6
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
10,000
20,000
7
Parent company

The parent company of The Office Products Corporation Ltd is Waller Holdings Ltd and its registered office is 200 Pasture Lane, Bradford, West Yorkshire, England, BD7 2SE.

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