OSELVAR LTD - Accounts

OSELVAR LTD

Statement of Financial Position

As at 31 July 2025

	£	2025 £	£	2024 £
Fixed assets		734		917
Current assets	48,656		26,099
Creditors: amount falling due within one year	(19,978)		(20,636)
Net current assets/(liabilities)		28,678		5,463
Total assets less current liabilities		29,412		6,380
Accruals and deferred income		(8,494)		(947)
Net assets/(liabilities)		20,918		5,433


Capital and reserves		20,918		5,433

For the year ended 31 July 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 of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.
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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Signed on behalf of the board of directors:

---------------------------------------------

Aslak Hellesoy
Director

Date approved: 12 May 2026

OSELVAR LTD

Notes to the Accounts

For the year ended 31 Jul 2025

Statutory Information

Oselvar Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number 14974425, registration address 49a Highbury New Park, London, N5 2ET, United Kingdom.

The presentation currency is £ sterling.

Accounting Policies

Basis of accounting

The financial statements are prepared under the historical cost convention and in accordance with the FRS 105 Financial Reporting Standard for Micro Entities (effective January 2016).

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Motor Vehicles	20% Reducing Balance
Computer Equipment	20% Reducing Balance
Office Equipment	20% Reducing Balance

Tangible fixed assets

Cost or Valuation	Motor Vehicles	Computer Equipment	Office Equipment	Total
	£	£	£	£
At 01 August 2024	524	219	404	1,147
Additions	-	-	-	-
At 31 July 2025	524	219	404	1,147
Depreciation
At 01 August 2024	105	44	81	230
Charge for year	84	35	64	183
At 31 July 2025	189	79	145	413
Net book values
Closing balance as at 31 July 2025	335	140	259	734
Opening balance as at 01 August 2024	419	175	323	917

3.	Average number of employees Average number of employees during the year was 1 (2024: 1).