Company Registration number: 10089987

The Osprey Management Group Limited

Contents

Pages

Balance sheet	1 to 2
Notes to the financial statements	3 to 7

The Osprey Management Group Limited

Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	5	81,577	16,620
Current assets
Stocks	6	22,409	16,592
Debtors	7	247,108	188,503
Cash at bank and in hand		351,804	312,263
		621,321	517,358
Creditors: Amounts falling due within one year	8	(449,993)	(321,877)
Net current assets		171,328	195,481
Total assets less current liabilities		252,905	212,101
Creditors: Amounts falling due after more than one year	8	(136,460)	(145,787)
Net assets		116,445	66,314
Capital and reserves
Called up share capital	9	710,178	669,478
Retained earnings		(593,733)	(603,164)
Shareholders' funds		116,445	66,314

The Osprey Management Group Limited

Balance Sheet as at 31 December 2025 (continued)

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

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Company registration number: 10089987

Approved and authorised by the Board on 30 June 2026 and signed on its behalf by:
 

......................................... Mr R W Thompson Director

The Osprey Management Group Limited

Notes to the financial statements for the Year Ended 31 December 2025

1	GENERAL INFORMATION

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
95 Main Road
High Harrington
Workington
CA14 4NQ

These financial statements were authorised for issue by the Board on 30 June 2026.

2	ACCOUNTING POLICIES

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling, which is the functional currency of the entity. Monetary amounts in these financial statements are rounded to the nearest £.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Actual results may differ from these estimates.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

The Osprey Management Group Limited

Notes to the financial statements for the Year Ended 31 December 2025 (continued)

2	ACCOUNTING POLICIES (continued)

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fittings, fixtures and equipment	25% straight line

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension
fund and the company has no legal or constructive obligation to pay further contributions even if the
fund does not hold sufficient assets to pay all employees the benefits relating to employee service in
the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they
are due. If contribution payments exceed the contribution due for service, the excess is recognised as
a prepayment.

The Osprey Management Group Limited

Notes to the financial statements for the Year Ended 31 December 2025 (continued)

2	ACCOUNTING POLICIES (continued)

Financial instruments

Classification
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
 Recognition and measurement
Basic financial instruments are initially recognised at the transaction price.
 Impairment
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

3	STAFF NUMBERS

The average number of persons employed by the company (including directors) during the year, was 77 (2024 - 37).

4	PROFIT BEFORE TAX

Arrived at after charging/(crediting)

	2025 £	2024 £
Depreciation expense	15,384	11,318

The Osprey Management Group Limited

Notes to the financial statements for the Year Ended 31 December 2025 (continued)

5	TANGIBLE ASSETS

	Fixtures and fittings £	Total £
Cost or valuation
At 1 January 2025	204,471	204,471
Additions	80,340	80,340
Disposals	(153,480)	(153,480)
At 31 December 2025	131,331	131,331
Depreciation
At 1 January 2025	187,850	187,850
Charge for the year	15,384	15,384
Eliminated on disposal	(153,480)	(153,480)
At 31 December 2025	49,754	49,754
Carrying amount
At 31 December 2025	81,577	81,577
At 31 December 2024	16,620	16,620

6

STOCKS

	2025 £	2024 £
Stock on hand	22,409	16,592

7

DEBTORS

Current	2025 £	2024 £
Trade debtors	241,822	185,794
Prepayments	4,421	2,653
Other debtors	865	56
	247,108	188,503

The Osprey Management Group Limited

Notes to the financial statements for the Year Ended 31 December 2025 (continued)

8

CREDITORS

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	157,384	133,154
Taxation and social security	93,985	58,743
Accruals and deferred income	12,810	-
Other creditors	185,814	129,980
	449,993	321,877

Creditors: amounts falling due after more than one year

	2025 £	2024 £
Due after one year
Bank loans	28,900	37,129
Related party non-current loans	81,741	108,658
Other creditors	25,819	-
	136,460	145,787

9	SHARE CAPITAL

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
A Ordinary of £1 each	75	75	75	75
B Ordinary of £1 each	5	5	5	5
C Ordinary of £1 each	20	20	20	20
Preference of £1 each	710,078	710,078	669,378	669,378
	710,178	710,178	669,478	669,478