Registered number
01541974
Omega Process Equipment Ltd
Unaudited Filleted Accounts
31 March 2025
Smithfield Accountants LLP
Chartered Accountants
Suite 1, Unit 2, Stansted Courtyard
Parsonage Road, Takeley, Essex, CM22 6PU
Omega Process Equipment Ltd
Registered number: 01541974
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 4 627 727
Current assets
Stocks 139,622 135,599
Debtors 5 134,722 393,511
Cash at bank and in hand 443,145 364,123
717,489 893,233
Creditors: amounts falling due within one year 6 (209,184) (341,556)
Net current assets 508,305 551,677
Total assets less current liabilities 508,932 552,404
Net assets 508,932 552,404
Capital and reserves
Called up share capital 7 370 370
Profit and loss account 508,562 552,034
Shareholders' funds 508,932 552,404
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The Profit and Loss Account and Directors' Report have not been delivered to the Registrar of Companies.
All members have consented to the abridgement of the Balance Sheet and Accounts.
D E Horton
Director
Approved by the board on 30 September 2025
Omega Process Equipment Ltd
Notes to the Accounts
for the year ended 31 March 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and office equipment 20% cost
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
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.
Leased assets
Assets held under finance leases and hire purchase contracts, which are those where substantially all the risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability.

The interest element of the rental obligations is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding.

Rentals paid under operating leases are charged to income on a straight line basis over the lease term.
Pensions
The company operates a defined contribution pension scheme for the benefit of directors and senior employees, and the pension charge for the year represents the amounts payable by the company to the scheme for the year. There were no outstanding contributions at the Balance Sheet date (2018 - £nil).
3 Taxation
Balance sheet
Corporation tax payable on 01.01.2026 59,169 62,242
3 Wages and NI 2025 2024
Number Number
Average number of persons employed by the company 3 3
4 Tangible fixed assets
Land and buildings Plant and machinery etc Motor vehicles Total
£ £ £ £
Cost
At 1 April 2024 - 98,263 - 98,263
Additions - 140 - 140
Surplus on revaluation - - - -
Disposals - - - -
At 31 March 2025 - 98,403 - 98,403
Depreciation
At 1 April 2024 - 97,536 - 97,536
Charge for the year - 240 - 240
Surplus on revaluation - - - -
On disposals - - - -
At 31 March 2025 - 97,776 - 97,776
Net book value
At 31 March 2025 - 627 - 627
At 31 March 2024 - 727 - 727
5 Debtors 2025 2024
£ £
Trade debtors 122,160 381,846
Other debtors 12,562 11,665
134,722 393,511
6 Creditors: amounts falling due within one year 2025 2024
£ £
Trade creditors 118,954 222,482
Corporation tax 59,169 62,242
Deferred income - -
Other creditors 31,061 56,832
209,184 341,556
7 Share capital Nominal 2025 2025 2024
value Number £ £
Authorised:
Ordinary shares £1 each 10,000 10,000 10,000
Allotted, called up and fully paid:
Ordinary shares £1 each 270 270 270
Redeemable Preference shares £1 each 100 100 100
8 Pension commitments
The company operates a self administered money purchase pension scheme for the benefit of the directors and senior employees. Contributions are made in accordance with the recommendations of the scheme's actuary; the company has no liability for any underfunding, based on the last actuarial report as at 31st March 2005. During the year, a contribution of £30,000 (2024- £30,000) was paid.
9 Related party transactions
The company rents its trading premises from its self administered pension scheme and paid rents of £27,000 (2024 - £27,000) in the year. The rent is an open market rent determined by an independent surveyor.
10 Controlling party
The company is controlled by its directors.
11 Presentation currency
The accounts are presented in British Pounds Sterling.
12 Other information
Omega Process Equipment Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Suite 1, Unit 2
Stansted Courtyard, Parsonage Road
Takeley
Essex
CM22 6PU
Its principal place of business is:
Unit 3 Concorde Business Centre
Airport Industrial Estate
Main Road
Biggin Hill
Kent TN16 3YN
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