Registration number: 06853461

OPRL Limited

Contents

Company Information	1
Statement of Comprehensive Income	2
Balance Sheet	3
Statement of Changes in Equity	4
Notes to the Financial Statements	5 to 10

OPRL Limited

Company Information

Chair

S J R Davies

Executive Chair

S J R Davies

Directors

P D Ward K G Worrall J P Hayler J M Piper A E MacCaig P J Maddox L M Crichton

Company secretary

R Laking

Registered office

320 Garratt Lane London SW18 4EJ

Senior Statutory Auditor

Beverley Tate

Auditors

Brown Butler, Chartered Accountants Leigh House 28-32 St Paul's Street Leeds, LS1 2JT

OPRL Limited

Statement of Comprehensive Income for the Year Ended 30 June 2025

	2025 £	2024 £
Surplus for the year	205,215	226,506
Total comprehensive income for the year	205,215	226,506

OPRL Limited

(Registration number: 06853461)
Balance Sheet as at 30 June 2025

	Note	2025 £	2024 £
Fixed Assets
Intangible assets	4	44,047	48,250
Tangible Assets	5	15,031	18,759
		59,078	67,009
Current assets
Debtors	6	472,528	404,779
Cash at bank and in hand		1,297,956	992,097
		1,770,484	1,396,876
Creditors: Amounts falling due within one year	7	(1,351,032)	(1,201,775)
Net current assets		419,452	195,101
Total assets less current liabilities		478,530	262,110
Provisions for liabilities		(14,769)	(3,564)
Net assets		463,761	258,546
Reserves
General Funds		463,761	258,546
Surplus		463,761	258,546

These financial statements have been prepared and 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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 18 November 2025 and signed on its behalf by:
 

......................................... S J R Davies Chair and Executive Chair

OPRL Limited

Statement of Changes in Equity for the Year Ended 30 June 2025

	Retained earnings £	Total £
At 1 July 2024	258,546	258,546
Surplus for the year	205,215	205,215
At 30 June 2025	463,761	463,761

	Retained earnings £	Total £
At 1 July 2023	32,040	32,040
Surplus for the year	226,506	226,506
At 30 June 2024	258,546	258,546

OPRL Limited

Notes to the Financial Statements for the Year Ended 30 June 2025

1	General information

The company is a company limited by guarantee, incorporated in England & Wales, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

The address of its registered office is:
320 Garratt Lane
London
SW18 4EJ

These financial statements were authorised for issue by the Board on 18 November 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 on a going concern basis using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The presentation currency is £ sterling and the financial statements have been rounded to the nearest £1.

Audit report

The Independent Auditor's Report was unqualified.

The name of the Senior Statutory Auditor who signed the audit report on 18 November 2025 was Beverley Tate, who signed for and on behalf of Brown Butler, Chartered Accountants.

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

Revenue recognition

Membership income is recognised evenly over the period of membership with amounts in respect of future periods included in deferred income within creditors. All other income is recognised 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 activites.

OPRL Limited

Notes to the Financial Statements for the Year Ended 30 June 2025

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible Assets

Tangible Assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets over their estimated useful lives as follows:

Asset class	Depreciation method and rate
Computer Equipment	Straight Line basis at 33% per annum
Furniture & Fittings	Straight Line basis at 20% per annum

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Software	Straight Line basis at 33% per annum
Trust Mark Development	Straight Line basis at 20% per annum

Cash at bank and in hand

Cash at bank and in hand 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.

OPRL Limited

Notes to the Financial Statements for the Year Ended 30 June 2025

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.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Research & Development

In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research is recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised on a straight line basis over their expected useful economic lives. Amortisation begins when the intangible asset is available for use, ie when it is in the location and condition necesary to be useable in the manner intended by management.

OPRL Limited

Notes to the Financial Statements for the Year Ended 30 June 2025

Financial instruments

Classification
The Company has chosen to adopt sections 11 and 12 of FRS 102 in respect of financial instruments.

 Recognition and measurement
Financial instruments are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Such assets are subsequently carried at amortised cost using the effective interest method.


 Impairment
At the end of each reporting period, financial and non-financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 19 (2024 - 15).

4	Intangible assets

	Software  £	Total £
Cost or valuation
At 1 July 2024	49,750	49,750
Additions acquired separately	11,405	11,405
Disposals	(7,500)	(7,500)
At 30 June 2025	53,655	53,655
Amortisation
At 1 July 2024	1,500	1,500
Amortisation charge	8,108	8,108
At 30 June 2025	9,608	9,608
Carrying amount
At 30 June 2025	44,047	44,047
At 30 June 2024	48,250	48,250

Amount Written Off

OPRL Limited

Notes to the Financial Statements for the Year Ended 30 June 2025

The amount written off the b2b labels research is included in administrative expenses in the profit and loss account.

5	Tangible Assets

	Furniture, fittings and equipment  £	Total £
Cost
At 1 July 2024	32,303	32,303
Additions	3,873	3,873
At 30 June 2025	36,176	36,176
Depreciation
At 1 July 2024	13,544	13,544
Charge for the year	7,601	7,601
At 30 June 2025	21,145	21,145
Carrying amount
At 30 June 2025	15,031	15,031
At 30 June 2024	18,759	18,759

6

Debtors

Current	2025 £	2024 £
Trade debtors	403,409	369,743
Prepayments	59,200	32,509
Other debtors	9,919	2,527
	472,528	404,779

OPRL Limited

Notes to the Financial Statements for the Year Ended 30 June 2025

7

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	74,731	5,149
Taxation and social security	157,169	108,107
Accruals and deferred income	1,119,132	1,088,519
	1,351,032	1,201,775

8	Obligations under leases and hire purchase contracts

Operating leases

The total of future minimum lease payments is as follows:

	2025 £	2024 £
Not later than one year	26,271	-
Later than one year and not later than five years	10,946	-
	37,217	-

The amount of non-cancellable operating lease payments recognised as an expense during the year was £15,325 (2024 - £Nil).

9	Related party transactions

Directors' remuneration

The directors' remuneration for the year was as follows:

	2025 £	2024 £
Remuneration	29,416	94,817
Contributions paid to money purchase schemes	-	3,352
	29,416	98,169

In addition the company paid £13,876 (2024 - £10,213) in respect of consultancy services provided by directors.