OSA Risk Management Limited - Accounts to registrar (filleted) - small 18.2

OSA Risk Management Limited - Accounts to registrar (filleted) - small 18.2

OSA RISK MANAGEMENT LIMITED - Company Information

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REGISTERED NUMBER: 05686928 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31 January 2019

for

OSA RISK MANAGEMENT LIMITED
OSA RISK MANAGEMENT LIMITED (REGISTERED NUMBER: 05686928)






Contents of the Financial Statements
for the Year Ended 31 January 2019




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


OSA RISK MANAGEMENT LIMITED

Company Information
for the Year Ended 31 January 2019







DIRECTORS: K E Dawson
A D Dawson





SECRETARY: A D Dawson





REGISTERED OFFICE: Woodhead Cottage
Moor Road
Burley Woodhead
Ilkley
West Yorkshire
LS29 7BE





REGISTERED NUMBER: 05686928 (England and Wales)





ACCOUNTANTS: Riley & Co Limited
Chartered Accountants
52 St Johns Lane
Halifax
West Yorkshire
HX1 2BW
Page 1
OSA RISK MANAGEMENT LIMITED (REGISTERED NUMBER: 05686928)

Balance Sheet
31 January 2019

31.1.19 31.1.18
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 42,559 45,294

CURRENT ASSETS
Debtors 5 36,408 50,464
Cash at bank 522,693 466,410
559,101 516,874
CREDITORS
Amounts falling due within one year 6 73,654 64,761
NET CURRENT ASSETS 485,447 452,113
TOTAL ASSETS LESS CURRENT LIABILITIES 528,006 497,407

PROVISIONS FOR LIABILITIES 8,086 8,606
NET ASSETS 519,920 488,801

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 518,920 487,801
SHAREHOLDERS' FUNDS 519,920 488,801

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2019 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies
Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the
end of each financial year and of its profit or loss for each financial year in accordance with the requirements of
Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to
financial statements, so far as applicable to the company.

The notes form part of these financial statements

Page 2 continued...
OSA RISK MANAGEMENT LIMITED (REGISTERED NUMBER: 05686928)

Balance Sheet - continued
31 January 2019


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 17 August 2019 and were signed on its behalf
by:





A D Dawson - Director


The notes form part of these financial statements

Page 3
OSA RISK MANAGEMENT LIMITED (REGISTERED NUMBER: 05686928)

Notes to the Financial Statements
for the Year Ended 31 January 2019

1. STATUTORY INFORMATION

OSA Risk Management Limited is a private company, limited by shares , registered in England and Wales. The
company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,
rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 15% on reducing balance and Straight line over 3 years

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the
balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different
from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and
laws that have been enacted or substantively enacted by the year end and that are expected to apply to the
reversal of the timing difference.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's
pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2018 - 2 ) .

Page 4 continued...
OSA RISK MANAGEMENT LIMITED (REGISTERED NUMBER: 05686928)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2019

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2018 84,981
Additions 4,934
At 31 January 2019 89,915
DEPRECIATION
At 1 February 2018 39,687
Charge for year 7,669
At 31 January 2019 47,356
NET BOOK VALUE
At 31 January 2019 42,559
At 31 January 2018 45,294

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.19 31.1.18
£    £   
Trade debtors 36,408 50,464

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.19 31.1.18
£    £   
Taxation and social security 35,965 37,921
Other creditors 37,689 26,840
73,654 64,761

Page 5