Oh-Saucey Ltd - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 13160728 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2023

for

Oh-Saucey Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Report of the Accountants

6

DIRECTORS:

C G Morgan

Miss Z E O'Connor

REGISTERED OFFICE:

Bewl Bridge Barn

Hastings Road

Tunbridge Wells

Kent

TN3 8JJ

REGISTERED NUMBER:

13160728 (England and Wales)

ACCOUNTANTS:

Leon & Company

Chartered Accountants

100 High Ash Drive

Alwoodley

Leeds

West Yorkshire

LS17 8RE

FIXED ASSETS

Tangible assets

4

758

1,010

CURRENT ASSETS

Stocks

2,000

4,000

Debtors

5

3,464

7,389

Cash at bank

50

8,335

5,514

19,724

CREDITORS

Amounts falling due within one year

6

31,497

32,736

NET CURRENT LIABILITIES

(25,983

)

(13,012

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(25,225

)

(12,002

)

CAPITAL AND RESERVES

Called up share capital

7

1

1

Retained earnings

(25,226

)

(12,003

)

SHAREHOLDERS' FUNDS

(25,225

)

(12,002

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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

The financial statements were approved by the Board of Directors and authorised for issue on 18 January 2024 and were signed on its behalf by:

C G Morgan - Director

1.	STATUTORY INFORMATION

Oh-Saucey Ltd 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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 February 2022

and 31 January 2023

500

659

188

1,347

DEPRECIATION

At 1 February 2022

125

165

47

337

Charge for year

94

123

35

252

At 31 January 2023

219

288

82

589

NET BOOK VALUE

At 31 January 2023

281

371

106

758

At 31 January 2022

375

494

141

1,010

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.23

31.1.22

£

£

Trade debtors

464

2,317

Other debtors

3,000

5,000

VAT

-

72

3,464

7,389

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.23

31.1.22

£

£

Social security and other taxes

177

-

VAT

223

-

Other creditors

53

7,000

Directors' current accounts

27,894

23,786

Accrued expenses

3,150

1,950

31,497

32,736

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.23

31.1.22

value:

£

£

1,000

Ordinary

.001

1

1

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included in creditors is an amount of £27,894 owing to the directors. The loans are interest free and repayable on demand.

9.	RELATED PARTY DISCLOSURES

During the year the company made various transactions with associated companies;

Maplatform Limited and Cgmedia Limited.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 January 2023 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Leon & Company

Chartered Accountants

100 High Ash Drive

Alwoodley

Leeds

West Yorkshire

LS17 8RE

Date: .............................................