Registered Number
:
06885148
|
For the year ended 30 November 2020
England and Wales
Unaudited Financial Statements
OSTC CONSULTANTS LIMITED
Statement of Financial Position
2019
2020
Trade and other receivables
|
166,675
-
3
30,546
Cash and cash equivalents
|
26,774
26,774
197,221
Trade and other payables
:
amounts falling due within one
|
year
|
(243,621)
(178,615)
4
(46,400)
(151,841)
Net current liabilities
Total assets less current liabilities
|
(151,841)
(46,400)
(151,841)
Net liabilities
(46,400)
100
100
(151,941)
(46,500)
(151,841)
(46,400)
Shareholders' funds
For the year ended 30 November 2020 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
|
The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2020 in accordance with Section 476 of the Companies Act 2006
|
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
|
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
.
|
In accordance with Section
444
of the Companies Act
2006
,
the Income Statement has not been delivered
.
|
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
|
These financial statements were approved and authorised for issue by the Board on 23 November 2021 and were signed by:
|
The notes form part of these financial statements
|
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For the year ended 30 November 2020
OSTC CONSULTANTS LIMITED
Notes to the Financial Statements
Statutory Information
OSTC CONSULTANTS LIMITED is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
|
registration number
06885148
.
|
Imperial House
21-25 North Street
Bromley
Kent
BR1 1SD
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A of Financial
|
Reporting Standard
102
'
The Financial Reporting Standard applicable in the UK and Republic of Ireland
'
and the
|
Companies Act
2006
.
The financial statements have been prepared under the historical costs convention as
|
modified by the revaluation of certain assets
.
|
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
|
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Computer equipment
2
.
Property
,
plant and equipment
|
1,622
1,622
Provision for depreciation and impairment
|
1,622
1,622
-
-
2 of 3
For the year ended 30 November 2020
OSTC CONSULTANTS LIMITED
Notes to the Financial Statements Continued
3
.
Trade and other receivables
|
2019
2020
Prepayments and accrued income
|
-
159,014
Taxation and social security
|
-
7,661
166,675
-
4
.
Trade and other payables
:
amounts falling due within one year
|
2019
2020
658
74,147
Amounts owed to group undertaking and undertaking in which the
|
company has a participating interest
|
166,874
166,874
Taxation and social security
|
8,483
-
Accruals and deferred income
|
2,600
2,600
178,615
243,621
5
.
Related party transactions
|
The company is a wholly owned group undertaking of O
.
S
.
T
.
C
.
Limited a UK registered company
.
|
Included in the amounts owed to group undertakings as per note
5
to the financial statements is an amount of
|
£
166
,
874
(
2019
:
£
166
,
874
)
owed to O
.
S
.
T
.
C
.
Limited
.
The loan advance was for working capital requirements with
|
no fixed term for repayment
.
|
6
.
Average number of persons employed
|
During the year the average number of employees was 0
3 of 3