OSC Chessington Limited 31/03/2025 iXBRL

Company registration number: 15493563

OSC Chessington Limited

Unaudited filleted abridged financial statements

31 March 2025

OSC Chessington Limited

Contents

Directors and other information

Accountants report

Abridged statement of financial position

Notes to the financial statements

OSC Chessington Limited

Directors and other information


	Directors	Mr Robert Hamer
		Mr George Hamer


	Secretary	Ms Lara Batsch


	Company number	15493563


	Registered office	Unit 1, 104, Leatherhead Road
		Chessington
		Surrey
		KT9 2HY


	Business address	Unit 1, 104 Leathererhead Road
		Chessington
		Surrey
		KT9 2HY


	Accountants	Alan James & Associates
		1 Shepperton Marina
		Felix Lane
		Shepperton
		Middlesex
		TW17 8NS

OSC Chessington Limited

Chartered accountants report to the board of directors on the preparation of the

unaudited statutory financial statements of OSC Chessington Limited

Period ended 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of OSC Chessington Limited for the period ended 31 March 2025 which comprise the abridged statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.

This report is made solely to the board of directors of OSC Chessington Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of OSC Chessington Limited and state those matters that we have agreed to state to the board of directors of OSC Chessington Limited as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than OSC Chessington Limited and its board of directors as a body for our work or for this report.

It is your duty to ensure that OSC Chessington Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of OSC Chessington Limited. You consider that OSC Chessington Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of OSC Chessington Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Alan James & Associates

Chartered Accountants

1 Shepperton Marina

Felix Lane

Shepperton

Middlesex

TW17 8NS

28 October 2025

OSC Chessington Limited

Abridged statement of financial position

31 March 2025

		31/03/25
	Note	£	£

Fixed assets
Tangible assets	5	11,390
		_______
			11,390

Current assets
Stocks		2,510
Debtors		20,729
Cash at bank and in hand		21,018
		_______
		44,257
Creditors: amounts falling due
within one year		( 52,775)
		_______
Net current liabilities			( 8,518)
			_______
Total assets less current liabilities			2,872

			_______
Net assets			2,872
			_______

Capital and reserves
Called up share capital			100
Profit and loss account			2,772
			_______
Shareholders funds			2,872
			_______

For the period ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the abridged statement of comprehensive income has not been delivered.

All of the members have consented to the preparation of the abridged statement of comprehensive income and the abridged statement of financial position for the current period ending 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements were approved by the board of directors and authorised for issue on 28 October 2025 , and are signed on behalf of the board by:

Mr Robert Hamer

Director

Company registration number: 15493563

OSC Chessington Limited

Notes to the financial statements

1. General information

The company is a private company limited by shares, registered in England & Wales. The address of the registered office is OSC Chessington Ltd, Unit 1, 104, Leatherhead Road, Chessington, Surrey, KT9 2HY.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of persons employed by the company during the period amounted to 6

5. Tangible assets


		£
	Cost
	At 15 February 2024	-
	Additions	14,677
		_______
	At 31 March 2025	14,677
		_______
	Depreciation
	At 15 February 2024	-
	Charge for the year	3,287
		_______
	At 31 March 2025	3,287
		_______
	Carrying amount
	At 31 March 2025	11,390
		_______

6. Directors advances, credits and guarantees

	During the period the directors entered into the following advances and credits with the company:

2025
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
	Mr Robert Hamer	-	( 27,030)	1,000	( 26,030)
		_______	_______	_______	_______