OGS MECHANICS SOUTH LTD


Director	STOICA, Ovidiu George


Registered Address	Grove House
	2 Woodberry Grove
	London
	N12 0DR


Registered Number	15401111 (England and Wales)

Balance Sheet as at
31 January 2026

	Notes	2026		2025
		£	£	£	£
Current assets
Debtors		12,467		3,220
Cash at bank and on hand		3,402		4,808
		15,869		8,028
Creditors amounts falling due within one year	3	(69,560)		(28,858)
Net current assets (liabilities)			(53,691)		(20,830)
Total assets less current liabilities			(53,691)		(20,830)
Creditors amounts falling due after one year	4		(6,000)		-
Net assets			(59,691)		(20,830)
Capital and reserves
Called up share capital			100		100
Profit and loss account			(59,791)		(20,930)
Shareholders' funds			(59,691)		(20,830)

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 27 October 2026, and are signed on its behalf by:

STOICA, Ovidiu George
Director
Registered Company No. 15401111

OGS MECHANICS SOUTH LTD

Notes to the Financial Statements
for the year ended 31 January 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Turnover policy
	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.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

2.	Average number of employees


		2026		2025
	Average number of employees during the year	3		3

3.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	58,502	10,784
Taxation and social security	6,931	7,573
Other creditors	2,327	8,701
Accrued liabilities and deferred income	1,800	1,800
Total	69,560	28,858

4.	Creditors: amounts due after one year

	2026	2025
	£	£
Bank borrowings and overdrafts	6,000	-
Total	6,000	-

5.	Related party transactions
	As at the balance sheet date, the company owed OGS Mechanics Keys Ltd £33,600 (2025 - £6,500). The company also owed OGS Mechanics Stock Ltd £24,904 (2025 - £4,283).

6.	Controlling party
	The ultimate controlling party is OGS Mechanics Keys Limited.