Open Format Technologies Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2

Registered number: 14549226

		31 December 2024		31 December 2023
	Notes	£	£	£	£
FIXED ASSETS

CURRENT ASSETS
Debtors	4	293		528
Cash at bank and in hand		33,710		288,461

		34,003		288,989
Creditors: Amounts Falling Due Within One Year	5	(695,863 )		(559,353 )

NET CURRENT ASSETS (LIABILITIES)			(661,860 )		(270,364 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(661,860 )		(270,364 )

NET LIABILITIES			(661,860 )		(270,364 )

CAPITAL AND RESERVES
Called up share capital	6		5		5
Profit and Loss Account			(661,865 )		(270,369 )

SHAREHOLDERS' FUNDS			(661,860)		(270,364)

For the year ending 31 December 2024 the company was entitled to exemption from audit 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 directors acknowledge 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 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

Mrs Sarah Weller

Director

23 September 2025

The notes on page 2 form part of these financial statements.

1. General Information

Open Format Technologies Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14549226 . The registered office is Henge Barn, Pury Hill Business Park, Alderton Road, Towcester, Northamptonshire, NN12 7LS.

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. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern. The company will continue with the support of the directors.

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:

3. Average Number of Employees

Average number of employees, including directors, during the year was: 5 (2023: 1)

4. Debtors

	31 December 2024	31 December 2023
	£	£
Due within one year
Other debtors	293	528

5. Creditors: Amounts Falling Due Within One Year

	31 December 2024	31 December 2023
	£	£
Trade creditors	-	5,013
Other creditors	695,863	550,678
Taxation and social security	-	3,662

	695,863	559,353

6. Share Capital

	31 December 2024	31 December 2023
	£	£
Allotted, Called up and fully paid	5	5