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REGISTERED NUMBER: 03388385 (England and Wales)










Financial Statements

for the Year Ended 30 November 2024

for

Odyn Systems Limited

Odyn Systems Limited (Registered number: 03388385)






Contents of the Financial Statements
for the Year Ended 30 November 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Odyn Systems Limited

Company Information
for the Year Ended 30 November 2024







DIRECTOR: Miss J C Pope





SECRETARY:





REGISTERED OFFICE: 20 Crewe Road
Sandbach
Cheshire
CW11 4NE





REGISTERED NUMBER: 03388385 (England and Wales)





ACCOUNTANTS: John Greenall & Co Limited
20 Crewe Road
Sandbach
Cheshire
CW11 4NE

Odyn Systems Limited (Registered number: 03388385)

Balance Sheet
30 November 2024

30.11.24 30.11.23
Notes £    £   
CURRENT ASSETS
Debtors 5 201,252 219,676
Cash at bank 24,381 18,668
225,633 238,344
CREDITORS
Amounts falling due within one year 6 62,377 73,663
NET CURRENT ASSETS 163,256 164,681
TOTAL ASSETS LESS CURRENT
LIABILITIES

163,256

164,681

CAPITAL AND RESERVES
Called up share capital 1 1
Capital redemption reserve 99 99
Retained earnings 163,156 164,581
SHAREHOLDERS' FUNDS 163,256 164,681

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 director and authorised for issue on 13 August 2025 and were signed by:





Miss J C Pope - Director


Odyn Systems Limited (Registered number: 03388385)

Notes to the Financial Statements
for the Year Ended 30 November 2024

1. STATUTORY INFORMATION

Odyn Systems Limited 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost and 20% on reducing balance
Computer equipment - 25% on cost

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Odyn Systems Limited (Registered number: 03388385)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 December 2023
and 30 November 2024 8,858 2,160 11,018
DEPRECIATION
At 1 December 2023
and 30 November 2024 8,858 2,160 11,018
NET BOOK VALUE
At 30 November 2024 - - -
At 30 November 2023 - - -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade debtors 200,918 219,676
Other debtors 334 -
201,252 219,676

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade creditors (8 ) 6,180
Taxation and social security 45,745 50,894
Other creditors 16,640 16,589
62,377 73,663