OSZTECH LTD - Accounts

OSZTECH LTD - Accounts

OSZTECH LTD - Company Information

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Reports Dated : 27/11/2024 Registered Number: 11836160
England and Wales

 

 

 

OSZTECH LTD


Unaudited Financial Statements
 


Period of accounts

Start date: 01 March 2023

End date: 29 February 2024

OSZTECH LTD
Contents Page
For the year ended 29 February 2024
Director Obinna Chinedu ONYIMADU
Registered Number 11836160
Registered Office 13 Norden Meadows
Maidenhead
England
SL6 4SB
Accountants J and Co. Accountants
85 Great Portland Street
First Floor
LONDON
United Kingdom
W1W 7LT
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Director's report and financial statements
The director presents his/her/their report and accounts for the year ended 29 February 2024.
Principal activities
The principal activity of the company in the period under review was:
Information Technology consultancy activities.

Director
The director who served the company throughout the year was as follows:
Obinna Chinedu ONYIMADU
Political and charitable donations
Charitable donations during the year amounted to £0 (2023 - £12,083). No contributions to political organizations were made during the year.
Statement of director's responsibilities
The director is responsible for preparing the financial statements in accordance with applicable law and regulations.
Company law requires the director to prepare financial statements for each financial year. Under that law the director has 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 of the company for that period. In preparing these financial statements, the director is required to:
  • select suitable accounting policies and then apply them consistently
  • make judgements and estimates that are reasonable and prudent
  • state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements
  • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.


The director is responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the company and enable him to ensure that the financial statements comply with the Companies Act 2006. The director is 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.

On behalf of the board.


----------------------------------
Obinna Chinedu ONYIMADU
Director

Date approved: 27 November 2024
2
 
 
 		 2024
£		   2023
£
Turnover 0    58,800 
Staff costs 0    (29,339)
Depreciations and other amounts written off assets (1,317)   (405)
Other charges (2,434)   (36,441)
Profit/(Loss) for the financial year (3,751)   (7,385)
 
3
  2024   2023
    £ £   £ £
Fixed assets   3,949      1,216 
Current assets 6,559      33,117   
Creditors: amount falling due within one year (19,726)     (39,600)  
Net current assets   (13,167)     (6,483)
Total assets less current liabilities   (9,218)     (5,267)
Accruals and deferred income   (400)     (600)
Net assets   (9,618)     (5,867)
 

         
Capital and reserves   (9,618)     (5,867)
 
NOTES TO THE ACCOUNTS

General Information
OSZTECH LTD is a private company, limited by shares, registered in England and Wales, registration number 11836160, registration address 13 Norden Meadows , Maidenhead , England, SL6 4SB.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
2.

Average number of employees

Average number of employees during the year was 0 (2023 : 1).


For the year ended 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's Responsibilities:
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.

The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the director on 27 November 2024 and were signed by:


--------------------------------
Obinna Chinedu ONYIMADU
Director
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