OSG Tutoring Limited 15103454 false 2023-08-29 2024-12-31 2024-12-31 The principal activity of the company is Educational support services Digita Accounts Production Advanced 6.30.9574.0 true 15103454 2023-08-29 2024-12-31 15103454 2024-12-31 15103454 bus:OrdinaryShareClass1 2024-12-31 15103454 core:CurrentFinancialInstruments 2024-12-31 15103454 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 15103454 core:Non-currentFinancialInstruments 2024-12-31 15103454 core:Non-currentFinancialInstruments core:AfterOneYear 2024-12-31 15103454 core:EntitiesWithJointControlOrSignificantInfluenceOverReportingEntity 2024-12-31 15103454 bus:SmallEntities 2023-08-29 2024-12-31 15103454 bus:AuditExemptWithAccountantsReport 2023-08-29 2024-12-31 15103454 bus:FilletedAccounts 2023-08-29 2024-12-31 15103454 bus:SmallCompaniesRegimeForAccounts 2023-08-29 2024-12-31 15103454 bus:RegisteredOffice 2023-08-29 2024-12-31 15103454 bus:Director1 2023-08-29 2024-12-31 15103454 bus:OrdinaryShareClass1 2023-08-29 2024-12-31 15103454 bus:PrivateLimitedCompanyLtd 2023-08-29 2024-12-31 15103454 bus:Agent1 2023-08-29 2024-12-31 15103454 core:EntitiesWithJointControlOrSignificantInfluenceOverReportingEntity 2023-08-29 2024-12-31 15103454 countries:AllCountries 2023-08-29 2024-12-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 15103454

OSG Tutoring Limited

Annual Report and Unaudited Financial Statements

for the Period from 29 August 2023 to 31 December 2024

 

OSG Tutoring Limited

Company Information

Director

Mr S Islam

Registered office

27 Old Gloucester Street
London
WC1N 3AX

Accountants

Mehta & Tengra 9 Berners Place
London W1T 3AD

 

OSG Tutoring Limited

(Registration number: 15103454)
Balance Sheet as at 31 December 2024

Note

2024
£

Current assets

 

Debtors

4

12,945

Cash at bank and in hand

 

121

 

13,066

Creditors: Amounts falling due within one year

5

(1,320)

Total assets less current liabilities

 

11,746

Creditors: Amounts falling due after more than one year

5

(12,973)

Net liabilities

 

(1,227)

Capital and reserves

 

Called up share capital

6

1

Retained earnings

(1,228)

Shareholders' deficit

 

(1,227)

For the financial period 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 members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 25 June 2025
 

.........................................
Mr S Islam
Director

 

OSG Tutoring Limited

Notes to the Unaudited Financial Statements for the Period from 29 August 2023 to 31 December 2024

1

General information

The company is a private company limited by share capital, incorporated in UK.

The address of its registered office is:
27 Old Gloucester Street
London
WC1N 3AX
England

These financial statements were authorised for issue by the director on 25 June 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

 

OSG Tutoring Limited

Notes to the Unaudited Financial Statements for the Period from 29 August 2023 to 31 December 2024

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1.

4

Debtors

Current

Note

2024
£

Amounts owed by related parties

8

12,279

Accrued income and prepayments

 

666

   

12,945

 

OSG Tutoring Limited

Notes to the Unaudited Financial Statements for the Period from 29 August 2023 to 31 December 2024

5

Creditors

Creditors: amounts falling due within one year

2024
£

Due within one year

Accruals and deferred income

1,320

Creditors: amounts falling due after more than one year

Note

2024
£

Due after one year

 

Loans and borrowings

7

12,973

6

Share capital

Allotted, called up and fully paid shares

2024

No.

£

Ordinary shares of £1 each

1

1

   

7

Loans and borrowings

Non-current loans and borrowings

2024
£

Shareholder's loan

12,973

8

Related party transactions

Summary of transactions with all entities with common control or significant interest


OSG Support Services HK Limited
Providing support services.

 

OSG Tutoring Limited

Notes to the Unaudited Financial Statements for the Period from 29 August 2023 to 31 December 2024

Loans to related parties

2024

Entities with common control or significant influence
£

Total
£

Advanced

12,279

12,279

At end of period

12,279

12,279