Offpaper Limited 11629619 false 2023-11-01 2024-10-31 2024-10-31 The principal activity of the company is online job market place Digita Accounts Production Advanced 6.30.9574.0 true true 11629619 2023-11-01 2024-10-31 11629619 2024-10-31 11629619 bus:OrdinaryShareClass1 bus:Non-cumulativeShares 2024-10-31 11629619 core:CurrentFinancialInstruments 2024-10-31 11629619 core:CurrentFinancialInstruments core:WithinOneYear 2024-10-31 11629619 core:Non-currentFinancialInstruments 2024-10-31 11629619 core:Non-currentFinancialInstruments core:AfterOneYear 2024-10-31 11629619 bus:SmallEntities 2023-11-01 2024-10-31 11629619 bus:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 11629619 bus:FilletedAccounts 2023-11-01 2024-10-31 11629619 bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 11629619 bus:RegisteredOffice 2023-11-01 2024-10-31 11629619 bus:Director1 2023-11-01 2024-10-31 11629619 bus:OrdinaryShareClass1 bus:Non-cumulativeShares 2023-11-01 2024-10-31 11629619 bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 11629619 countries:England 2023-11-01 2024-10-31 11629619 2022-11-01 2023-10-31 11629619 2023-10-31 11629619 bus:OrdinaryShareClass1 bus:Non-cumulativeShares 2023-10-31 11629619 core:CurrentFinancialInstruments 2023-10-31 11629619 core:CurrentFinancialInstruments core:WithinOneYear 2023-10-31 11629619 core:Non-currentFinancialInstruments 2023-10-31 11629619 core:Non-currentFinancialInstruments core:AfterOneYear 2023-10-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 11629619

Offpaper Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 October 2024

Offpaper Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 6

Offpaper Limited

Company Information

Director | Mr R Abrahams

Registered office | 48 Wick Road Teddington TW11 9DW

Accountants | Clever Accounts Limited Brookfield Court Selby Road Leeds LS25 1NB

Offpaper Limited

(Registration number: 11629619)
Balance Sheet as at 31 October 2024

| Note | 2024 £ | 2023 £
Fixed assets |  |  |
Other financial assets |  | 4 | 4
Current assets |  |  |
Debtors | 4 | 13,977 | 13,977
Cash at bank and in hand |  | 538 | 6,976
|  | 14,515 | 20,953
Creditors: Amounts falling due within one year | 5 | (8,025) | (7,950)
Net current assets |  | 6,490 | 13,003
Total assets less current liabilities |  | 6,494 | 13,007
Creditors: Amounts falling due after more than one year | 5 | (4,132) | (9,042)
Net assets |  | 2,362 | 3,965
Capital and reserves |  |  |
Called up share capital | 6 | 1 | 1
Retained earnings |  | 2,361 | 3,964
Shareholders' funds |  | 2,362 | 3,965

For the financial year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Offpaper Limited

(Registration number: 11629619)
Balance Sheet as at 31 October 2024

Approved and authorised by the director on 13 October 2025

.........................................

Mr R Abrahams
Director

Offpaper Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

1 | General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
48 Wick Road
Teddington
TW11 9DW

These financial statements were authorised for issue by the director on 13 October 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Offpaper Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

4 | Debtors

Current | Note | 2024 £ | 2023 £
Amounts owed by related parties |  | 13,977 | 13,977
|  | 13,977 | 13,977

Offpaper Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024

5 | Creditors

Creditors: amounts falling due within one year

| 2024 £ | 2023 £
Due within one year |  |
Other creditors | 8,025 | 7,950

Creditors: amounts falling due after more than one year

| Note | 2024 £ | 2023 £
Due after one year |  |  |
Loans and borrowings | 7 | 4,132 | 9,042

6 | Share capital

Allotted, called up and fully paid shares

| 2024 | 2023
| No. | £ | No. | £
Ordinary of £1 each | 1 | 1 | 1 | 1

7 | Loans and borrowings

Non-current loans and borrowings

| 2024 £ | 2023 £
Bank borrowings | 4,132 | 9,042