Odc Europe (Ntl) Limited

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

Registered number: 08519182

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		314		393

			314		393
CURRENT ASSETS
Stocks	5	-		3,900
Debtors	6	18,886		12,401
Cash at bank and in hand		113,297		180,872

		132,183		197,173
Creditors: Amounts Falling Due Within One Year	7	(5,507 )		(81,457 )

NET CURRENT ASSETS (LIABILITIES)			126,676		115,716

TOTAL ASSETS LESS CURRENT LIABILITIES			126,990		116,109

PROVISIONS FOR LIABILITIES
Deferred Taxation			(100 )		(100 )

NET ASSETS			126,890		116,009

Income and Expenditure Account			126,890		116,009

MEMBERS' FUNDS			126,890		116,009

Page 1

Page 2

Odc Europe (Ntl) Limited

Balance Sheet (continued)

As At 31 March 2026

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 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 Income and Expenditure Account.

On behalf of the board

Mr M Ciszewski

Director

11th August 2026

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

1. General Information

Odc Europe (Ntl) Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 08519182 . The registered office is 5 South Parade, Summertown, Oxford, Oxfordshire, OX2 7JL.

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 and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably. The outcome of a transaction can be estimated reliably when all the following conditions are satisfied:-

a) the amount of revenue can be measured reliably;

b) it is probable that the economic benefits associated with the transaction will flow to the entity;

c) the stage of completion of the transaction and the costs to complete the transaction can be measured reliably; and

d) the costs incurred for the transaction and the costs to complete the transaction can be measured reliably.

Revenue for support services is therefore recognised proportionally over the performance of the service contract.

Interest income

Interest income is recognised as interest accrues using the effective interest rate method.

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:

Office Equipment	25% reducing balance basis
Computer Equipment	33% reducing balance basis

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

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 surplus.

Page 3

Page 4

Odc Europe (Ntl) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable surplus for the year. Taxable surplus differs from surplus as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable surplus. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable surplus will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable surplus will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in surplus or deficit for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2025: 3)

4. Tangible Assets

	Office Equipment	Computer Equipment	Total
	£	£	£
Cost
As at 1 April 2025	2,425	958	3,383

As at 31 March 2026	2,425	958	3,383

Depreciation
As at 1 April 2025	2,118	872	2,990
Provided during the period	51	28	79

As at 31 March 2026	2,169	900	3,069

Net Book Value
As at 31 March 2026	256	58	314

As at 1 April 2025	307	86	393

5. Stocks

	2026	2025
	£	£
Work in progress	-	3,900

Page 4

Page 5

Odc Europe (Ntl) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	12,000	-
Prepayments and accrued income	5,129	7,729
Other debtors	88	88
VAT	1,669	4,086
Other taxes and social security	-	498

	18,886	12,401

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Corporation tax	2,186	-
Deferred income	-	38,500
Accruals	2,871	42,557
Directors' loan accounts	450	400

	5,507	81,457

8. Provisions for Liabilities


	Deferred Tax	Total
	£	£
As at 1 April 2025	100	100

Balance at 31 March 2026	100	100

9. Company limited by guarantee

The company is limited by guarantee and has no share capital.

Page 5