OS Constructions Limited - Filleted accounts

Registered number

03509434

OS Constructions Limited

Filleted Accounts

28 February 2025

OS Constructions Limited
Registered number:		03509434
Balance Sheet
as at 28 February 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		30,205			33,289

Current assets
Stocks		10,000			10,000
Debtors	4	68,932			9,187
Cash at bank and in hand		38,730			26,968
		117,662			46,155

Creditors: amounts falling due within one year	5	(76,893)			(41,922)

Net current assets			40,769			4,233

Total assets less current liabilities			70,974			37,522

Creditors: amounts falling due after more than one year	6		(7,131)			(11,979)



Net assets			63,843			25,543

Capital and reserves
Called up share capital			1,000			1,000
Profit and loss account			62,843			24,543

Shareholders' funds			63,843			25,543

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
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.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




D Simmonds
Director
Approved by the board on 1 September 2025

OS Constructions Limited
Notes to the Accounts
for the year ended 28 February 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery			variable % per annum of cost
	Fixtures, fittings, tools and equipment			variable % per annum of cost

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					3		3


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 March 2024	5,373		4,007		66,979		76,359
	Additions	180		-		-		180
	At 28 February 2025	5,553		4,007		66,979		76,539

	Depreciation
	At 1 March 2024	5,303		2,490		35,277		43,070
	Charge for the year	18		76		3,170		3,264
	At 28 February 2025	5,321		2,566		38,447		46,334

	Net book value
	At 28 February 2025	232		1,441		28,532		30,205
	At 29 February 2024	70		1,517		31,702		33,289


4	Debtors					2025		2024
£							£

	Trade debtors					68,932		6,144
	Other debtors					-		3,043
						68,932		9,187


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					319		1,925
	Obligations under finance lease and hire purchase contracts					8,997		9,390
	Trade creditors					50,271		21,013
	Taxation and social security costs					3,985		3,529
	Other creditors					13,321		6,065
						76,893		41,922


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Obligations under finance lease and hire purchase contracts					-		6,738
	Other creditors					7,131		5,241
						7,131		11,979


7	Other information

	OS Constructions Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Greenacres
	Old Lyndhurst Road
	Southampton
	Hampshire
	SO40 2NL