OSI INVESTMENT UK LIMITED

OSI INVESTMENT UK LIMITED

OSI INVESTMENT UK LIMITED - Company Information

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OSI INVESTMENT UK LIMITED

Company Registration Number:
07386082 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2022

Period of accounts

Start date: 01 January 2022

End date: 31 December 2022

OSI INVESTMENT UK LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2022

Balance sheet
Notes

OSI INVESTMENT UK LIMITED

Balance sheet

As at 31 December 2022


Notes
2022
2021


£
£
Current assets
Debtors: 3 57,149 57,149
Total current assets: 57,149 57,149
Net current assets (liabilities): 57,149 57,149
Total assets less current liabilities: 57,149 57,149
Total net assets (liabilities): 57,149 57,149
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 57,148 57,148
Shareholders funds: 57,149 57,149

The notes form part of these financial statements

OSI INVESTMENT UK LIMITED

Balance sheet statements

For the year ending 31 December 2022 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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 & loss account.

This report was approved by the board of directors on 04 September 2023
and signed on behalf of the board by:

Name: S DeMeulenaere
Status: Director

The notes form part of these financial statements

OSI INVESTMENT UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

OSI INVESTMENT UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

2. Employees

2022 2021
Average number of employees during the period 0 0

OSI INVESTMENT UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Debtors

2022 2021
££
Debtors due after more than one year: 0 0

Amounts due within one year £57,149 comprise amounts due from group undertakings.

OSI INVESTMENT UK LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Related party transactions

Contingent liabilitiesIn August 2022, the OSI Group LLC renewed global loan facilities with various international banks. Total borrowings under these facilities as at 31 December 2022 were £530,000,000 (2021: £532,000,000). All borrowings are secured by fixed and floating charges over the majority of assets and undertakings of the Company and other companies in the OSI Group. These charges are supported by unlimited cross guarantees and by fixed charges and share pledges over the shares held by the Company. In addition, OSI Investment UK Limited has entered into cross guarantees in respect of borrowings of other companies in the OSI Group LLC group. The directors do not expect any material loss to the Company to arise in respect of the guarantees.Ultimate parent undertakingThe directors regard OSI International Holdings Limited, a Company incorporated in England, as the immediate parent company by virtue of its 100% shareholding in the company. The directors regard OSI Group LLC, a company incorporated in the United States of America, as both the ultimate parent company and the ultimate controlling party by virtue of its shareholding in the immediate parent company. The smallest and largest group in which the results of OSI Investment UK Limited are consolidated and publicly available is that of Gands (U.K.), the UK parent company. The largest group for which group financial statements are prepared is OSI Group LLC. Copies of Gands (U.K.)’s financial statements are publicly available from Companies House, Cardiff. The financial statements of OSI Group LLC are not publicly available.