OTS BROKER LTD Accounts






OTS BROKER LTD

	Company No. 15537049
		Information for Filing with The Registrar
		30 April 2025

The Directors present their report and the accounts for the period ended 30 April 2025.

Principal activities
The principal activity of the company during the period under review was 82990 - Other business support service activities not elsewhere classified.




Directors

The Directors who served at any time during the period were as follows:

J.S. PYRCIOCH









































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

J.S. PYRCIOCH
Director
07 October 2025

at	30 April 2025
Company No.		15537049	Notes	2025
				£
Fixed assets

	Tangible assets		5	3,474

	Investments		6	96,014
				99,488
Current assets

	Debtors		7	438,533

	Cash at bank and in hand			227,311
				665,844
Creditors: Amount falling due within one year			8	(405,314)
Net current assets				260,530
Total assets less current liabilities				360,018




Net assets				360,018

Capital and reserves
	Called up share capital			1



	Profit and loss account		10	360,017

Total equity				360,018



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the period ended 30 April 2025 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 07 October 2024 and signed on its behalf by:
J.S. PYRCIOCH
Director
07 October 2024

for the period ended 30 April 2025

General information

OTS BROKER LTD is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 15537049

Its registered office is:

189 London Road

Staines-Upon-Thames

TW18 4HR

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

OTS Broker Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 189 London Road, Staines- Upon-Thames, TW18 4HR. The company changed its name from On The Spot Customs Ltd to OTS Broker Ltd on 9 May 2024.

Accounting policies

Turnover

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• 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 transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Intangible fixed assets

Intangible fixed assets are carried at cost less accumulated amortisation and impairment losses.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

Freehold buildings

2%% Straight line

Leasehold land and buildings

Over the lease term

Plant and machinery

25%% Straight line

Motor vehicles

25%% Straight line

Furniture, fittings and equipment

25%% Straight line

Research and development costs

Expenditure on research and development is written off in the year it is incurred unless it meets the criteria to allow it to be capitalised. Costs of research are always written off in the year in which they are incurred. Where development costs are recognised as an asset, they are amortised over the period expected to benefit from them. Amortisation of the capitalised costs begins once the developed product comes into use, typically at rate of 33.33% straight line.

Taxation

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

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period 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 assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Freehold investment property

Investment properties are revalued annually and any surplus or deficit is dealt with through the profit and loss account.

No depreciation is provided in respect of investment properties.

Investments

Unlisted investments (except those held as subsidiaries, associates or joint ventures) are recognised initially at fair value less attributable transaction costs. Subsequent to initial recognition, any changes in fair value are recognised in profit and loss.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.

When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of inventories recognised as an expense in the period in which the reversal occurs.

Work in progress is reflected in the accounts on a contract by contract basis by recording revenue and related costs as contract activity progresses.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Foreign currencies

The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.

Transactions in currencies, other than the functional currency of the Company, are recorded at the rate of exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. all differences are taken to the profit and loss account. Non-monetary items that are measured at historic cost in a foreign currency are not retranslated.

Leased assets

Where the company enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.

Leases which do not transfer substantially all the risks and rewards of ownership to the Company are classified as operating leases.

Assets held under finance leases are initially recognised as assets of the Company at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately in profit or loss, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the Company's policy on borrowing costs (see the accounting policy above).

Assets held under finance leases are depreciated in the same way as owned assets.

Operating lease payments are recognised as an expense on a straight-line basis over the lease term.

In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.

Defined contribution pensions

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations.

The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

Provisions

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.

Change in length of the reporting period

Accounting period - The current accounting period covers the 13 months from 1 April 2024 to 30 April 2025, following an extension of the company’s accounting reference date from 31 March to 30 April. The comparative figures cover the 12 months ended 31 March 2024 and are therefore not directly comparable.

4	Employees
			2025
			Number
		The average monthly number of employees (including directors) during the period:	0

5	Tangible fixed assets
			Plant and machinery	Total
			£	£
		Cost or revaluation

		Additions	3,931	3,931



		At 30 April 2025	3,931	3,931
		Depreciation

		Charge for the year	457	457



		At 30 April 2025	457	457
		Net book values
		At 30 April 2025	3,474	3,474

6	Investments
			Investment in Subsidiaries	Other investments	Total
			£	£	£
		Cost or valuation

		Additions	21,014	75,000	96,014


		At 30 April 2025	21,014	75,000	96,014
		Provisions/Impairment





		Net book values
		At 30 April 2025	21,014	75,000	96,014

7	Debtors
			2025
			£
		Trade debtors	260,074
		Amounts owed by group undertakings	81,336




		Other debtors	97,123

			438,533

		Amounts included within Other debtors that fall due after more than one year	75,000

8	Creditors:
		amounts falling due within one year
			2025
			£


		Other loans	42,381

		Trade creditors	85,641

		Taxes and social security	274,941
		Loans from directors	312

		Accruals and deferred income	2,039
			405,314

		During the year, the company entered into a short-term loan facility with Iwoca Ltd, under which it received £38,221 in funding. The loan was subject to arrangement fees of £2,675.47 and bears total interest of £7,421.65 over the term. The total cost of the facility is £48,318.12, and the loan was fully repaid in May 2025, after the financial year-end.No security was provided in respect of this facility, and no charges are registered at Companies House in connection with it.

Share Capital

At 30 April 2025, the company had 1 ordinary share of £1 each in issue and fully paid. All shares carry equal rights to vote, receive dividends and participate in the distribution of assets on winding up. No new shares were issued during the year

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.

Contingent Assets/Liabilities

The company had no contingent assets at the balance sheet date.

he company has provided a £75,000 guarantee deposit to National Westminster Bank Plc in connection with a long-term financing arrangement. This deposit is included within non-current assets but is subject to a fixed charge registered at Companies House on 4 November 2024 under a formal deed.

The deposit may be forfeited in the event of default on the related facility, and is therefore disclosed as a contingent liability.

No other contingent liabilities existed at the balance sheet date.

12	Guarantees and commitments
			2025
			£






		The company has provided a guarantee deposit of £75,000 to National Westminster Bank Plc in connection with a financing arrangement.A fixed charge over this deposit was registered at Companies House on 4 November 2024. The deposit is refundable upon discharge of the related obligations, and the company is not expected to be called upon under the guarantee.No other guarantees or capital commitments existed at the balance sheet date.

13	Dividends
			2025
			£
		Dividends for the period:
		Dividends paid in the period	(619,208)
		Dividends accrued at the period end	619,208