Company registration number 12921692 (England and Wales)
CHARLIE OSCAR GROUP LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024
PAGES FOR FILING WITH REGISTRAR
CHARLIE OSCAR GROUP LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 6
CHARLIE OSCAR GROUP LIMITED (REGISTERED NUMBER: 12921692)
BALANCE SHEET
AS AT
31 DECEMBER 2024
31 December 2024
- 1 -
31 December 2024
31 October 2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
25,269
8,068
Current assets
Debtors
4
604,194
153,220
Cash at bank and in hand
388,877
138,045
993,071
291,265
Creditors: amounts falling due within one year
5
(317,380)
(147,254)
Net current assets
675,691
144,011
Total assets less current liabilities
700,960
152,079
Provisions for liabilities
(6,138)
-
0
Net assets
694,822
152,079
Capital and reserves
Called up share capital
10
10
Share premium account
714,990
714,990
Profit and loss reserves
(20,178)
(562,921)
Total equity
694,822
152,079
CHARLIE OSCAR GROUP LIMITED (REGISTERED NUMBER: 12921692)
BALANCE SHEET (CONTINUED)
AS AT
31 DECEMBER 2024
31 December 2024
- 2 -

For the financial period ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 8 September 2025 and are signed on its behalf by:
Mr J Connelly
Mr E Richmond
Director
Director
CHARLIE OSCAR GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024
- 3 -
1
Accounting policies
Company information

Charlie Oscar Group Limited is a private company limited by shares incorporated in England and Wales. The registered office is 22a Lethermarket Street, London, England, SE1 3HP.

1.1
Reporting period

During the period, the company extended its accounting reference date from 31 October to 31 December. As a result, the current accounting period covers 14 months from 1 November 2023 to 31 December 2024 compared to the previous period of 12 months. Accordingly, the amounts presented in the financial statements are not entirely comparable.

1.2
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £1.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.3
Turnover

Turnover is recognised at the fair value of consideration received or receivable for the services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates. The following criteria must also be met before turnover is recognised.

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

- The amount of turnover can be measured reliably

- It is probable that the company will receive the consideration due under the contract

- The stage of completion of the contract at the end of the reporting period can be measured reliably; and

- The costs incurred and the costs to complete the contract can be measured reliably.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
25% reducing balance
Computers
25% reducing balance
CHARLIE OSCAR GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 DECEMBER 2024
1
Accounting policies
(Continued)
- 4 -

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.6
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2
Employees

The average monthly number of persons (including directors) employed by the company during the period was:

2024
2023
Number
Number
Total
27
12
CHARLIE OSCAR GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 DECEMBER 2024
- 5 -
3
Tangible fixed assets
Fixtures and fittings
Computers
Total
£
£
£
Cost
At 1 November 2023
-
0
12,771
12,771
Additions
1,366
23,295
24,661
Disposals
-
0
(2,130)
(2,130)
At 31 December 2024
1,366
33,936
35,302
Depreciation and impairment
At 1 November 2023
-
0
4,703
4,703
Depreciation charged in the period
302
6,465
6,767
Eliminated in respect of disposals
-
0
(1,437)
(1,437)
At 31 December 2024
302
9,731
10,033
Carrying amount
At 31 December 2024
1,064
24,205
25,269
At 31 October 2023
-
0
8,068
8,068
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
533,454
115,020
Other debtors
70,740
38,200
604,194
153,220
5
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
49,168
35,821
Taxation and social security
219,667
69,709
Other creditors
48,545
41,724
317,380
147,254
6
Operating lease commitments
As lessee
CHARLIE OSCAR GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 DECEMBER 2024
6
Operating lease commitments
(Continued)
- 6 -

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:

2024
2023
£
£
Total commitments
364,000
468,000
7
Related party transactions

Included within other debtors is a balance of £0 (2023: £200) owed from a connected company with the same directors.

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