Company Registration No. 11953764 (England and Wales)
Open Conservation Technology Ltd
Unaudited accounts
for the year ended 30 April 2026
Open Conservation Technology Ltd
Unaudited accounts
Contents
Open Conservation Technology Ltd
Company Information
for the year ended 30 April 2026
Directors
Andrew Peter Hill
Peter Christopher Prince
Alexander Carl Rogers
Company Number
11953764 (England and Wales)
Registered Office
New Kings Court Tollgate
Chandler's Ford
Eastleigh
SO53 3LG
England
Accountants
BrightFin Accounting & Tax
71-75 Shelton Street
Covent Garden
London
WC2H 9JQ
Open Conservation Technology Ltd
Statement of financial position
as at 30 April 2026
Tangible assets
3,427
4,569
Cash at bank and in hand
1,030,258
925,898
Creditors: amounts falling due within one year
(135,764)
(142,577)
Net current assets
1,082,850
924,950
Net assets
1,086,277
929,519
Called up share capital
3
3
Profit and loss account
1,086,274
929,516
Shareholders' funds
1,086,277
929,519
For the year ending 30 April 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 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 of Directors and authorised for issue on 8 September 2026 and were signed on its behalf by
Andrew Peter Hill
Director
Company Registration No. 11953764
Open Conservation Technology Ltd
Notes to the Accounts
for the year ended 30 April 2026
Open Conservation Technology Ltd is a private company, limited by shares, registered in England and Wales, registration number 11953764. The registered office is New Kings Court Tollgate, Chandler's Ford, Eastleigh, SO53 3LG, 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
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:
Computer equipment
25% reducing balance
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.
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.
Expenditure on research and development is written off in the year in which it is incurred.
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 rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Open Conservation Technology Ltd
Notes to the Accounts
for the year ended 30 April 2026
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Trade debtors
112,854
40,639
Accrued income and prepayments
4,569
5,472
6
Creditors: amounts falling due within one year
2026
2025
Taxes and social security
133,889
134,805
Loans from directors
1,350
6,063
7
Average number of employees
During the year the average number of employees was 2 (2025: 2).