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Company Registration No. 08608382 (England and Wales)
Ogs Cooling Limited Unaudited accounts for the year ended 31 December 2024
Ogs Cooling Limited Unaudited accounts Contents
Page
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Ogs Cooling Limited Company Information for the year ended 31 December 2024
Director
Mr D M O'Gorman
Company Number
08608382 (England and Wales)
Registered Office
Malt House Studios 4 Brook Street Bishops Waltham Southampton Hampshire SO32 1AX United Kingdom
Accountants
Meon Valley Accounting Ltd Malt House Studios 4 Brook Street Bishops Waltham Hampshire SO32 1AX
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Ogs Cooling Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
6,052 
8,069 
Current assets
Debtors
29,922 
26,500 
Cash at bank and in hand
48,277 
17,945 
78,199 
44,445 
Creditors: amounts falling due within one year
(53,169)
(41,560)
Net current assets
25,030 
2,885 
Total assets less current liabilities
31,082 
10,954 
Creditors: amounts falling due after more than one year
(2,500)
(8,944)
Provisions for liabilities
Deferred tax
(1,392)
(1,694)
Net assets
27,190 
316 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
27,090 
216 
Shareholders' funds
27,190 
316 
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 18 June 2025 and were signed on its behalf by
Mr D M O'Gorman Director Company Registration No. 08608382
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Ogs Cooling Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Ogs Cooling Limited is a private company, limited by shares, registered in England and Wales, registration number 08608382. The registered office is Malt House Studios, 4 Brook Street, Bishops Waltham, Southampton, Hampshire, SO32 1AX, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% reducing balance
Computer equipment
33% straight line
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Ogs Cooling Limited Notes to the Accounts for the year ended 31 December 2024
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
25,502 
750 
26,252 
At 31 December 2024
25,502 
750 
26,252 
Depreciation
At 1 January 2024
17,433 
750 
18,183 
Charge for the year
2,017 
- 
2,017 
At 31 December 2024
19,450 
750 
20,200 
Net book value
At 31 December 2024
6,052 
- 
6,052 
At 31 December 2023
8,069 
- 
8,069 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
29,437 
21,247 
Other debtors
485 
5,253 
29,922 
26,500 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
6,000 
6,000 
VAT
11,851 
5,863 
Obligations under finance leases and hire purchase contracts
444 
5,344 
Trade creditors
2,133 
196 
Taxes and social security
28,183 
20,670 
Other creditors
3,545 
2,487 
Loans from directors
13 
- 
Accruals
1,000 
1,000 
53,169 
41,560 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
2,500 
8,500 
Obligations under finance leases and hire purchase contracts
- 
444 
2,500 
8,944 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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