Acorah Software Products - Accounts Production 16.4.675 false true 30 November 2023 1 December 2022 false 1 December 2023 30 November 2024 30 November 2024 10472874 Mr Alexander Hoffman Mr Alexander Hofffman true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10472874 2023-11-30 10472874 2024-11-30 10472874 2023-12-01 2024-11-30 10472874 frs-core:CurrentFinancialInstruments 2024-11-30 10472874 frs-core:Non-currentFinancialInstruments 2024-11-30 10472874 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-11-30 10472874 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 10472874 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-11-30 10472874 frs-core:ShareCapital 2024-11-30 10472874 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 10472874 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 10472874 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 10472874 frs-bus:SmallEntities 2023-12-01 2024-11-30 10472874 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 10472874 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 10472874 1 2023-12-01 2024-11-30 10472874 frs-bus:Director1 2023-12-01 2024-11-30 10472874 frs-countries:EnglandWales 2023-12-01 2024-11-30 10472874 2022-11-30 10472874 2023-11-30 10472874 2022-12-01 2023-11-30 10472874 frs-core:CurrentFinancialInstruments 2023-11-30 10472874 frs-core:Non-currentFinancialInstruments 2023-11-30 10472874 frs-core:ShareCapital 2023-11-30 10472874 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30
Registered number: 10472874
OSTEN SIDE LIMITED
Unaudited Financial Statements
For The Year Ended 30 November 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10472874
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 945,350 915,350
945,350 915,350
CURRENT ASSETS
Debtors 5 23,784 1,000
Cash at bank and in hand 129,794 1,854
153,578 2,854
Creditors: Amounts Falling Due Within One Year 6 (362,986 ) (316,084 )
NET CURRENT ASSETS (LIABILITIES) (209,408 ) (313,230 )
TOTAL ASSETS LESS CURRENT LIABILITIES 735,942 602,120
Creditors: Amounts Falling Due After More Than One Year 7 (700,486 ) (532,641 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (33,000 ) (33,000 )
NET ASSETS 2,456 36,479
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 2,455 36,478
SHAREHOLDERS' FUNDS 2,456 36,479
Page 1
Page 2
For the year ending 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Alexander Hoffman
Director
14th August 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
OSTEN SIDE LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 10472874 . The registered office is 50 Moundfield Road, London, N16 6TB.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold Nil
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 December 2023 915,350
Additions 30,000
As at 30 November 2024 945,350
Net Book Value
As at 30 November 2024 945,350
As at 1 December 2023 915,350
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 23,784 1,000
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Page 4
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 37,048 37,833
Other creditors 325,568 277,901
Accruals and deferred income 370 350
362,986 316,084
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 700,486 532,641
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
9. Ultimate Controlling Party
The company's ultimate controlling party is Mr Alexander Hofffman by virtue of his ownership of 100% of the issued share capital in the company.
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