ACCOUNTS - Final Accounts

Registered number: 01950720

OSPREY CORPORATION LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2026

OSPREY CORPORATION LIMITED

REGISTERED NUMBER: 01950720

BALANCE SHEET

AS AT 31 JANUARY 2026

		2026		2025
Note

Fixed assets
Tangible assets	4		3,205		1,873
			3,205		1,873
Current assets
Debtors: amounts falling due within one year	5	14,506		42,192
Cash at bank and in hand	6	332,619		394,208
		347,125		436,400
Creditors: amounts falling due within one year	7	(108,010)		(146,466)
Net current assets			239,115		289,934
Total assets less current liabilities			242,320		291,807
Creditors: amounts falling due after more than one year	8		-		(3,957)

Net assets			£242,320		£287,850

Capital and reserves
Called up share capital	6,448	6,448
Capital redemption reserve	5,100	5,100
Profit and loss account	230,772	276,302
	£242,320	£287,850

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OSPREY CORPORATION LIMITED

REGISTERED NUMBER: 01950720

BALANCE SHEET (CONTINUED)

AS AT 31 JANUARY 2026

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit 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 financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 19 May 2026.

___________________________ D W Missions	___________________________ A S Patridge
Director	Director

The notes on pages 3 to 7 form part of these financial statements.

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OSPREY CORPORATION LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

1.	General information

Osprey Corporation Limited is a private limited company incorporated in England and Wales.

The registered office of the company is:
   175 John Wilson Business Park
   Harvey Drive
   Whitstable
   Kent
   CT5 3RB

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

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OSPREY CORPORATION LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

2.Accounting policies (continued)

2.3

Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

				Plant and machinery	-	20% straight line basis
				Office equipment	-	33% straight line basis

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.7

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

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OSPREY CORPORATION LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

2.Accounting policies (continued)

2.8

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.9

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

2.10

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.11

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

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

Employees

The average monthly number of employees, including directors, during the year was 4 (2025 - 4).

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OSPREY CORPORATION LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

4.	Tangible fixed assets

	Plant and machinery	Office equipment	Total
Cost or valuation
At 1 February 2025	21,551	10,266	31,817
Additions	1,970	-	1,970
At 31 January 2026	23,521	10,266	33,787
Depreciation
At 1 February 2025	19,678	10,266	29,944
Charge for the year on owned assets	638	-	638
At 31 January 2026	20,316	10,266	30,582
Net book value
At 31 January 2026	£3,205	£-	£3,205
At 31 January 2025	£1,873	£-	£1,873

Debtors

2026

2025


Trade debtors	4,809	27,652
Other debtors	7,030	3,362
Prepayments and accrued income	2,667	11,178
	£14,506	£42,192

6.	Cash and cash equivalents
					2026	2025

	Cash at bank and in hand	£332,619	£394,208

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OSPREY CORPORATION LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

7.	Creditors: Amounts falling due within one year
					2026	2025

Bank loans	3,538	10,000
Trade creditors	22,999	66,791
Corporation tax	-	7,030
Other taxation and social security	6,745	7,830
Other creditors	28,253	25,278
Accruals and deferred income	46,475	29,537
	£108,010	£146,466

8.	Creditors: Amounts falling due after more than one year
					2026	2025

	Bank loans	£-	£3,957

9.	Loans
	Analysis of the maturity of loans is given below:
		2026	2025

Amounts falling due within one year
Bank loans	3,538	10,000
	3,538	10,000

Amounts falling due 2-5 years
Bank loans	-	3,957
	-	3,957

	£3,538	£13,957

10.	Pension commitments

The company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £5,312 (2025 - £5,213). Contributions totalling £597 (2025 - £575) were payable to the fund at the balance sheet date and are included in creditors.

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