OSN Stocktakers Ltd Filleted accounts for Companies House (small and micro)
OSN Stocktakers Ltd Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
12176000
|
|
|
|
Statement of Financial Position |
2022 |
2021 |
||
Note |
£ |
£ |
£ |
Fixed Assets
Intangible assets |
5 |
|
|
|
Current Assets
Debtors |
6 |
|
|
|
Cash at bank and in hand |
|
|
||
-------- |
-------- |
|||
|
|
|||
Creditors: amounts falling due within one year |
7 |
|
|
|
-------- |
-------- |
|||
Net Current Assets |
|
|
||
-------- |
-------- |
|||
Total Assets Less Current Liabilities |
|
|
||
Creditors: amounts falling due after more than one year |
8 |
|
|
|
-------- |
-------- |
|||
Net Assets |
|
|
||
-------- |
-------- |
|||
Capital and Reserves
Called up share capital |
|
|
|
Profit and loss account |
|
|
|
-------- |
-------- |
||
Shareholders Funds |
|
|
|
-------- |
-------- |
||
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
Director's 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
|
Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
22 May 2023
, and are signed on behalf of the board by:
|
|
Director |
|
Company registration number:
12176000
|
Notes to the Financial Statements |
Year Ended 31 August 2022
1.
General Information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is The Chestnuts, The Green, Bitteswell, Lutterworth, Leicestershire, LE17 4SG.
2.
Statement of Compliance
3.
Accounting Policies
Basis of Preparation
Revenue Recognition
Income Tax
Goodwill
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
Goodwill |
- |
|
|
If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
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. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Government Grants
Financial Instruments
Defined Contribution Plans
4.
Employee Numbers
The average number of persons employed by the company during the year amounted to
2
(2021:
4
).
5.
Intangible Assets
Goodwill |
|
£ |
|
Cost |
|
At 1 September 2021 and 31 August 2022 |
|
-------- |
|
Amortisation |
|
At 1 September 2021 |
|
Charge for the year |
|
-------- |
|
At 31 August 2022 |
|
-------- |
|
Carrying amount |
|
At 31 August 2022 |
|
-------- |
|
At 31 August 2021 |
|
-------- |
|
6.
Debtors
2022 |
2021 |
|
£ |
£ |
|
Trade debtors |
|
|
Other debtors |
|
|
-------- |
-------- |
|
|
|
|
-------- |
-------- |
|
7.
Creditors:
amounts falling due within one year
2022 |
2021 |
|
£ |
£ |
|
Bank loans and overdrafts |
|
– |
Corporation tax |
|
|
Social security and other taxes |
|
|
Other creditors |
|
|
-------- |
-------- |
|
|
|
|
-------- |
-------- |
|
8.
Creditors:
amounts falling due after more than one year
2022 |
2021 |
|
£ |
£ |
|
Bank loans and overdrafts |
|
|
-------- |
-------- |
|
9.
Related Party Transactions
During the year, the company paid a dividend of £2,000 (£2,000 2021) to the Director.