OSA Door Parts Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 04267836

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		254,984		112,586

			254,984		112,586
CURRENT ASSETS
Stocks	5	997,359		892,992
Debtors	6	1,031,136		1,203,298
Cash at bank and in hand		602,250		725,261

		2,630,745		2,821,551
Creditors: Amounts Falling Due Within One Year	7	(1,125,042 )		(1,382,525 )

NET CURRENT ASSETS (LIABILITIES)			1,505,703		1,439,026

TOTAL ASSETS LESS CURRENT LIABILITIES			1,760,687		1,551,612

PROVISIONS FOR LIABILITIES
Deferred Taxation			(5,544 )		(7,713 )

NET ASSETS			1,755,143		1,543,899

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			1,755,043		1,543,799

SHAREHOLDERS' FUNDS			1,755,143		1,543,899

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OSA Door Parts Limited

Balance Sheet (continued)

As At 31 March 2025

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Treve Hendry

Director

27/11/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

OSA Door Parts Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04267836 . The registered office is Unit 4, Ashville Industrial Estate, Ashville Way, Runcorn, Cheshire, WA7 3EZ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods. Turnover is reduced for estimated customer returns

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	10-33% straight line
Motor Vehicles	25% straight line
Fixtures & Fittings	10-33% straight line
Computer Equipment	33% straight line

2.4. Stocks and Work in Progress

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

2.5. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.6. Taxation

The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a nondiscounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 20 (2024: 20)

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OSA Door Parts Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost
As at 1 April 2024	241,542	23,583	265,125
Additions	198,529	-	198,529

As at 31 March 2025	440,071	23,583	463,654

Depreciation
As at 1 April 2024	135,343	17,196	152,539
Provided during the period	50,236	5,895	56,131

As at 31 March 2025	185,579	23,091	208,670

Net Book Value
As at 31 March 2025	254,492	492	254,984

As at 1 April 2024	106,199	6,387	112,586

5. Stocks

	2025	2024
	£	£
Materials	972,407	800,430
Finished goods	24,952	92,562

	997,359	892,992

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	905,121	926,742
Other debtors	126,015	276,556

	1,031,136	1,203,298

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	207,820	427,557
Amounts owed to group undertakings	426,033	400,839
Other creditors	71,890	120,052
Taxation and social security	419,299	434,077

	1,125,042	1,382,525

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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OSA Door Parts Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

9. Ultimate Controlling Party

The company's ultimate controlling party is Argent Industrial Limited (South Africa) by virtue of his ownership of 100% of the issued share capital in the company. The company is a wholly owned subsidiary of Argent Industrial Ltd, a company incorporated in the Republic of South Africa.

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