ODIN NETWORKS LTD

Company Registration Number:
11744874 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2025

Period of accounts

Start date: 1 April 2024

End date: 31 March 2025

ODIN NETWORKS LTD

Contents of the Financial Statements

for the Period Ended 31 March 2025

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

ODIN NETWORKS LTD

Directors' report period ended 31 March 2025

The directors present their report with the financial statements of the company for the period ended 31 March 2025

Principal activities of the company

The directors present their report and accounts for the year ended 31 March 2025. Directors The following directors held office during the whole of the period: Mr Paul Ballentyne Mr Steven Hollinshead Statement of directors' responsibilities The directors are responsible for preparing the report and accounts in accordance with applicable law and regulations. Company law requires the directors to prepare accounts for each financial year. Under that law, the directors have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these accounts, the directors are required to: - select suitable accounting policies and then apply them consistently; - make judgements and estimates that are reasonable and prudent; - prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business. The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.



Directors

The director shown below has held office during the whole of the period from
1 April 2024 to 31 March 2025

Paul Ballentyne

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
25 September 2025

And signed on behalf of the board by:
Name: Paul Ballentyne
Status: Director

ODIN NETWORKS LTD

Profit And Loss Account

for the Period Ended 31 March 2025

2025 2024


£
£
Turnover: 65,301 83,399
Cost of sales: ( 46,792 ) ( 64,761 )
Gross profit(or loss): 18,509 18,638
Administrative expenses: ( 13,777 ) ( 14,243 )
Operating profit(or loss): 4,732 4,395
Interest receivable and similar income: 10 7
Profit(or loss) before tax: 4,742 4,402
Tax: ( 1,327 ) ( 1,369 )
Profit(or loss) for the financial year: 3,415 3,033

ODIN NETWORKS LTD

Balance sheet

As at 31 March 2025

Notes 2025 2024


£
£
Fixed assets
Tangible assets: 3 6,727 8,968
Total fixed assets: 6,727 8,968
Current assets
Cash at bank and in hand: 7,824 3,276
Total current assets: 7,824 3,276
Creditors: amounts falling due within one year: 4 ( 3,492 ) ( 4,600 )
Net current assets (liabilities): 4,332 (1,324)
Total assets less current liabilities: 11,059 7,644
Total net assets (liabilities): 11,059 7,644
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 10,959 7,544
Total Shareholders' funds: 11,059 7,644

The notes form part of these financial statements

ODIN NETWORKS LTD

Balance sheet statements

For the year ending 31 March 2025 the company was entitled to exemption 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.

This report was approved by the board of directors on 25 September 2025
and signed on behalf of the board by:

Name: Paul Ballentyne
Status: Director

The notes form part of these financial statements

ODIN NETWORKS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Tangible fixed assets and depreciation Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:

ODIN NETWORKS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 0 0

ODIN NETWORKS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2024 16,309 8,889 25,198
Additions
Disposals
Revaluations
Transfers
At 31 March 2025 16,309 8,889 25,198
Depreciation
At 1 April 2024 10,767 5,463 16,230
Charge for year 1,385 856 2,241
On disposals
Other adjustments
At 31 March 2025 12,152 6,319 18,471
Net book value
At 31 March 2025 4,157 2,570 6,727
At 31 March 2024 5,542 3,426 8,968

ODIN NETWORKS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Creditors: amounts falling due within one year note

2025 2024
£ £
Taxation and social security 1,837 1,652
Other creditors 1,655 2,948
Total 3,492 4,600

ODIN NETWORKS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

5. Loans to directors

Name of director receiving advance or credit: Paul Ballentyne
Description of the transaction:
Personal Money expenses
£
Balance at 31 March 2024 2,948
Advances or credits made:
Advances or credits repaid: 1,293
Balance at 31 March 2025 1,655