REGISTERED NUMBER: 03930655 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st March 2025

for

OMNISCIENT LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

J V O'Riordan

S A O'Riordan

G H Wall

SECRETARY:

J V O'Riordan

REGISTERED OFFICE:

52-54 The Broadway

Haywards Heath

West Sussex

RH16 3AL

REGISTERED NUMBER:

03930655 (England and Wales)

ACCOUNTANTS:

TC Group

Office: Croydon - TC SWP

3rd Floor, Suffolk House

George Street

Croydon

CR0 0YN

FIXED ASSETS

Property, plant and equipment

4

22,803

29,431

Investments

5

4,000

4,000

26,803

33,431

CURRENT ASSETS

Inventories

5,700

5,800

Debtors

6

7,770

-

Cash at bank and in hand

40,544

17,647

54,014

23,447

CREDITORS

Amounts falling due within one year

7

147,328

91,850

NET CURRENT LIABILITIES

(93,314

)

(68,403

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(66,511

)

(34,972

)

CREDITORS

Amounts falling due after more than one year

8

(19,935

)

(19,991

)

PROVISIONS FOR LIABILITIES

(4,333

)

(5,592

)

NET LIABILITIES

(90,779

)

(60,555

)

CAPITAL AND RESERVES

Called up share capital

15

15

Retained earnings

(90,794

)

(60,570

)

SHAREHOLDERS' FUNDS

(90,779

)

(60,555

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15th October 2025 and were signed on its behalf by:

J V O'Riordan - Director

1.	STATUTORY INFORMATION

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

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The company continues to trade profitability and is expected to keep generating positive cash flows for the foreseeable future. The directors therefore continue to adopt the going concern basis of accounting in preparing the annual financial statements.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Stocks

Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2024 - 15 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1st April 2024

80,169

110,401

190,570

Additions

974

-

974

At 31st March 2025

81,143

110,401

191,544

DEPRECIATION

At 1st April 2024

70,428

90,711

161,139

Charge for year

2,679

4,923

7,602

At 31st March 2025

73,107

95,634

168,741

NET BOOK VALUE

At 31st March 2025

8,036

14,767

22,803

At 31st March 2024

9,741

19,690

29,431

5.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

31.3.25

31.3.24

£

£

Licences

4,000

4,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

7,270

-

Directors' current accounts

500

-

7,770

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

4,003

9,911

Trade creditors

22,744

17,056

Social security and other taxes

88,881

45,703

Other creditors

29,000

16,480

Accrued expenses

2,700

2,700

147,328

91,850

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans - 1-2 years

4,148

9,923

Bank loans - 2-5 years

13,015

10,068

Bank loans more 5 yr by instal

2,772

-

19,935

19,991

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

2,772

-

9.	ULTIMATE CONTROLLING PARTY

There is no one controlling party.