Osprey (UK) Limited
Osprey (UK) Limited
Registered number: 03523613
Directors' Report and
Financial Statements
For The Year Ended 31 December 2016
Osprey (UK) Limited
Directors' Report and Unaudited Financial Statements
For The Year Ended 31 December 2016
Directors' Report and Unaudited Financial Statements
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| Company Information | 1 |
| Directors' Report | 2 |
| Accountants' Report | 3 |
| Dormant Profit and Loss Account Statement | 4 |
| Balance Sheet | 5—6 |
| Notes to the Financial Statements | 7—8 |
Osprey (UK) Limited
Company Information
For The Year Ended 31 December 2016
Company Information
| Directors |
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| Company Number |
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| Registered Office | 44 Upper Mulgrave Road |
| Cheam | |
| Surrey | |
| SM2 7AJ | |
| Accountants |
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| Chartered Certified Accountants | |
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| Cheam | |
| Surrey | |
| SM2 7AJ | |
Page 1
Osprey (UK) Limited
Company No. 03523613
Directors' Report For The Year Ended 31 December 2016
Directors' Report
The directors present their report and the financial statements for the year ended 31 December 2016 .
Statement of Directors' Responsibilities
The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). The financial statements are required by law to give a true and fair view of the state of affairs of the company and of the profit or loss for that period. In preparing the financial statements the directors are required to:
- select suitable accounting policies and then apply them consistently;
- make judgments and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Directors
The directors who held office during the year were as follows:
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Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
On behalf of the board
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Page 2
Osprey (UK) Limited
Accountants' Report
For The Year Ended 31 December 2016
Accountants' Report
Report to the directors on the preparation of the unaudited statutory accounts of Osprey (UK) Limited For The Year Ended 31 December 2016
To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Osprey (UK) Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the directors of Osprey (UK) Limited , as a body. Our work has been undertaken solely to prepare for your approval the accounts of Osprey (UK) Limited and state those matters that we have agreed to state to the directors of Osprey (UK) Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Osprey (UK) Limited and its directors as a body for our work or for this report.
It is your duty to ensure that Osprey (UK) Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Osprey (UK) Limited . You consider that Osprey (UK) Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Osprey (UK) Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
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Chartered Certified Accountants
44 Upper Mulgrave Road
Cheam
Surrey
SM2 7AJ
Page 3
Osprey (UK) Limited
Dormant Profit and Loss Account Statement
For The Year Ended 31 December 2016
Dormant Profit and Loss Account Statement
The company has not traded during the year or the preceding financial year. During these years, the company received no income and incurred no expenditure and therefore made neither profit nor loss.
Page 4
Osprey (UK) Limited
Balance Sheet
As at
31 December 2016
Balance Sheet
| 2016 | 2015 | ||||
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| Notes | £ | £ | £ | £ | |
| CURRENT ASSETS | |||||
| Debtors | 2 |
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| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year | 3 |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| Creditors: Amounts Falling Due After More Than One Year | 4 |
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| NET ASSETS |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 5 |
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| Profit and loss account |
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| SHAREHOLDERS' FUNDS | 5,504 | 5,504 | |||
Page 5
Osprey (UK) Limited
Balance Sheet (continued)
As at
31 December 2016
Directors' responsibilities:
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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. -
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
On behalf of the board
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The notes on pages 7 to 8 form part of these financial statements.
Page 6
Osprey (UK) Limited
Notes to the Unaudited Accounts
For The Year Ended 31 December 2016
Notes to the Unaudited Accounts
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
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Debtors
| 2016 | 2015 | ||
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| £ | £ | ||
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| Trade debtors |
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| Prepayments and accrued income |
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Creditors: Amounts Falling Due Within One Year
| 2016 | 2015 | ||
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| £ | £ | ||
| Trade creditors |
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| Corporation tax |
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| Accruals and deferred income |
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Creditors: Amounts Falling Due After More Than One Year
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| £ | £ | ||
| Other creditors |
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| Directors loan account |
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Page 7
Osprey (UK) Limited
Notes to the Unaudited Accounts (continued)
For The Year Ended 31 December 2016
6.
Controlling Party
The directors are considered to be the ultimate controlling party by virtue of their ability to act in concert in respect of the operational and financial policies of the company.
7.
General Information
Osprey (UK) Limited Registered number 03523613 is a limited by shares company incorporated in England & Wales. The Registered Office is 44 Upper Mulgrave Road, Cheam, Surrey, SM2 7AJ.
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