Company Registration No. 15645326 (England and Wales)
Oscar Store Ltd
Unaudited accounts
for the year ended 31 March 2026
Oscar Store Ltd
Unaudited accounts
Contents
Oscar Store Ltd
Company Information
for the year ended 31 March 2026
Director
Bahadeen Ali Hassan
Company Number
15645326 (England and Wales)
Registered Office
7a Walm Lane
London
London
NW2 5SJ
England
Accountants
Schiavi Pole Brett Ltd
Unit 2
58 High Street
Pinner
HA5 5PZ
Oscar Store Ltd
Statement of financial position
as at 31 March 2026
Intangible assets
12,000
16,000
Tangible assets
13,177
17,570
Cash at bank and in hand
28,255
637
Creditors: amounts falling due within one year
(99,045)
(90,746)
Net current liabilities
(4,268)
(31,487)
Called up share capital
1,000
1,000
Profit and loss account
19,909
1,083
Shareholders' funds
20,909
2,083
For the year ending 31 March 2026 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 18 May 2026 and were signed on its behalf by
Bahadeen Ali Hassan
Director
Company Registration No. 15645326
Oscar Store Ltd
Notes to the Accounts
for the year ended 31 March 2026
Oscar Store Ltd is a private company, limited by shares, registered in England and Wales, registration number 15645326. The registered office is 7a Walm Lane, London, London, NW2 5SJ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 March 2026 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2024.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% Straight Line
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Oscar Store Ltd
Notes to the Accounts
for the year ended 31 March 2026
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Fixtures & fittings
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2026
2025
Trade creditors
1,662
36,586
Taxes and social security
16,790
2,972
Loans from directors
79,593
51,188
Oscar Store Ltd
Notes to the Accounts
for the year ended 31 March 2026
8
Average number of employees
During the year the average number of employees was 2 (2025: 1).