REGISTERED NUMBER: SC339678 (Scotland)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Omagh Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J Devlin

REGISTERED OFFICE:

Unit 3, Morris Park

37 Rosyth Road

Glasgow

G5 0YD

REGISTERED NUMBER:

SC339678 (Scotland)

ACCOUNTANTS:

KPP Glasgow South Ltd

Chartered Certified Accountants

Unit 3 , 37 Rosyth Road

Morris Park

Glasgow

G5 0YE

FIXED ASSETS

Tangible assets

4

4,014

3,385

CURRENT ASSETS

Stocks

5

222

185

Debtors

6

3,327

-

Cash at bank and in hand

2,521

2,482

6,070

2,667

CREDITORS

Amounts falling due within one year

7

6,604

5,696

NET CURRENT LIABILITIES

(534

)

(3,029

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,480

356

CREDITORS

Amounts falling due after more than one year

8

3,669

6,805

NET LIABILITIES

(189

)

(6,449

)

CAPITAL AND RESERVES

Called up share capital

10

1

1

Retained earnings

(190

)

(6,450

)

SHAREHOLDERS' FUNDS

(189

)

(6,449

)

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

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

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 September 2025 and were signed by:

J Devlin - Director

1.	STATUTORY INFORMATION

Omagh Ltd is a private company, limited by shares , registered in Scotland. 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.

Turnover

Turnover 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

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Stocks

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 April 2024

8,468

4,000

12,468

Additions

1,338

-

1,338

At 31 March 2025

9,806

4,000

13,806

DEPRECIATION

At 1 April 2024

7,048

2,035

9,083

Charge for year

414

295

709

At 31 March 2025

7,462

2,330

9,792

NET BOOK VALUE

At 31 March 2025

2,344

1,670

4,014

At 31 March 2024

1,420

1,965

3,385

5.

STOCKS

31.3.25

31.3.24

£

£

Stocks

222

185

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Directors' current accounts

3,327

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Creditors

1,247

1,299

Loan

836

-

Tax

2,921

1,955

Social security and other taxes

1,600

1,176

Directors' current accounts

-

1,266

6,604

5,696

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Other loans (see note 9)

3,669

6,805

9.

LOANS

An analysis of the maturity of loans is given below:

31.3.25

31.3.24

£

£

Amounts falling due between one and two years:

Other loans - 1-2 years

3,669

6,805

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

1

Ordinary

£1

1

1