OMW ACCOUNTANCY LTD


Director	WARD, Oliver Miles


Registered Address	5 Monks Way
	Swaythling
	Southampton
	SO18 2LR


Registered Number	08573862 (England and Wales)

Balance Sheet as at
30 June 2025

	Notes	30 Jun 2025		31 Mar 2024
		£	£	£	£
Fixed assets
Tangible assets	4		1,758		2,557
			1,758		2,557
Current assets
Debtors		4,124		4,961
Cash at bank and on hand		53,435		11,230
		57,559		16,191
Creditors amounts falling due within one year	5	(71,761)		(29,280)
Net current assets (liabilities)			(14,202)		(13,089)
Total assets less current liabilities			(12,444)		(10,532)
Net assets			(12,444)		(10,532)
Capital and reserves
Profit and loss account			(12,444)		(10,532)
Shareholders' funds			(12,444)		(10,532)

The company was entitled to exemption from audit for this reporting period 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 their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 12 September 2025, and are signed on its behalf by:

WARD, Oliver Miles
Director
Registered Company No. 08573862

OMW ACCOUNTANCY LTD

Notes to the Financial Statements
for the period ended 30 June 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Intangible assets
	Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

2.	Average number of employees


		2025		2024
	Average number of employees during the year	1		1

3.	Intangible assets

	Goodwill	Total
	£	£
Cost or valuation
At 01 April 24	10,600	10,600
At 30 June 25	10,600	10,600
Amortisation and impairment
At 01 April 24	10,600	10,600
At 30 June 25	10,600	10,600
Net book value
At 30 June 25	-	-
At 31 March 24	-	-

4.	Tangible fixed assets

	Plant & machinery	Office Equipment	Total
	£	£	£
Cost or valuation
At 01 April 24	7,272	1,974	9,246
At 30 June 25	7,272	1,974	9,246
Depreciation and impairment
At 01 April 24	5,826	863	6,689
Charge for year	452	347	799
At 30 June 25	6,278	1,210	7,488
Net book value
At 30 June 25	994	764	1,758
At 31 March 24	1,446	1,111	2,557

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Bank borrowings and overdrafts	13	-
Amounts owed to related parties	32,592	42
Taxation and social security	3,814	3,271
Accrued liabilities and deferred income	35,342	25,967
Total	71,761	29,280