Ostberg Sinclair & Co. Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 15126655

Ostberg Sinclair & Co. Ltd

Filleted Unaudited Financial Statements

31 January 2026

Ostberg Sinclair & Co. Ltd

Financial Statements

Year ended 31 January 2026

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

Ostberg Sinclair & Co. Ltd

Statement of Financial Position

31 January 2026

	2026	2025
Note	£	£

Fixed assets

Tangible assets	5	43,625	22,561

Current assets

Debtors	6	1,756,530	750,490
Cash at bank and in hand		1,168,735	424,778
		------------	------------
		2,925,265	1,175,268

Creditors: amounts falling due within one year	7	1,093,607	523,529
		------------	------------
Net current assets		1,831,658	651,739
		------------	---------
Total assets less current liabilities		1,875,283	674,300

Provisions	10,906	–
	------------	---------
Net assets	1,864,377	674,300
	------------	---------

Capital and reserves

Called up share capital	200	200
Profit and loss account	1,864,177	674,100
	------------	---------
Shareholders funds	1,864,377	674,300
	------------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the year ending 31 January 2026 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 financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Ostberg Sinclair & Co. Ltd

Statement of Financial Position (continued)

31 January 2026

These financial statements were approved by the board of directors and authorised for issue on 10 September 2026 , and are signed on behalf of the board by:

G Sinclair	L O Ostberg
Director	Director

Company registration number: 15126655

Ostberg Sinclair & Co. Ltd

Notes to the Financial Statements

Year ended 31 January 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 27 New Dover Road, Canterbury, CT1 3DN, England.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

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.

Revenue recognition

Turnover comprise of professional fees earned from the provision of specialised tax advisory, tax planning, tax compliance and related consultancy services. Revenue is recognised as the services are provided to clients and when the company becomes entitled to consideration for those services. Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered and represents amounts receivable in the ordinary course of business stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Office equipment	-	20% straight line
Computer equipment	-	20% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 37 (2025: 10 ).

5. Tangible assets

	Office equipment	Computer equipment	Total
	£	£	£
Cost
At 1 February 2025	758	25,093	25,851
Additions	5,179	26,948	32,127
	-------	--------	--------
At 31 January 2026	5,937	52,041	57,978
	-------	--------	--------
Depreciation
At 1 February 2025	110	3,180	3,290
Charge for the year	3,790	7,273	11,063
	-------	--------	--------
At 31 January 2026	3,900	10,453	14,353
	-------	--------	--------
Carrying amount
At 31 January 2026	2,037	41,588	43,625
	-------	--------	--------
At 31 January 2025	648	21,913	22,561
	-------	--------	--------

6. Debtors

	2026	2025
	£	£
Trade debtors	1,360,189	406,537
Amounts owed by group undertakings and undertakings in which the company has a participating interest	122,683	267,478
Other debtors	273,658	76,475
	------------	---------
	1,756,530	750,490
	------------	---------

7. Creditors: amounts falling due within one year

	2026	2025
	£	£
Trade creditors	19,559	105,591
Corporation tax	618,389	296,961
Social security and other taxes	411,049	112,329
Other creditors	44,610	8,648
	------------	---------
	1,093,607	523,529
	------------	---------

8. Related party balances

At year end, the company was owed £122,683 (2025: £267,478) in total from associated companies.