Company registration number 13348172 (England and Wales)
OSS GROUP HOLDINGS LIMITED
FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 28 FEBRUARY 2022
PAGES FOR FILING WITH REGISTRAR
OSS GROUP HOLDINGS LIMITED
CONTENTS
Page
Balance sheet
1
Statement of changes in equity
2
Notes to the financial statements
3 - 5
OSS GROUP HOLDINGS LIMITED
BALANCE SHEET
AS AT
28 FEBRUARY 2022
28 February 2022
- 1 -
2022
Notes
£
£
Fixed assets
Investments
3
602
Current assets
Debtors
5
600
Creditors: amounts falling due within one year
6
(2)
Net current assets
598
Total assets less current liabilities
1,200
Net assets
1,200
Capital and reserves
Called up share capital
7
1,200
Total equity
1,200
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.
true
For the financial period ended 28 February 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
T
he members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476
.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 27 May 2022 and are signed on its behalf by:
Mr J A E Emerson
Director
Company Registration No. 13348172
OSS GROUP HOLDINGS LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED 28 FEBRUARY 2022
- 2 -
Share capital
Profit and loss reserves
Total
Notes
£
£
£
Balance at 21 April 2021
Period ended 28 February 2022:
Profit and total comprehensive income for the period
-
58,835
58,835
Issue of share capital
7
1,200
-
1,200
Dividends
-
(58,835)
(58,835)
Balance at 28 February 2022
1,200
1,200
OSS GROUP HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 28 FEBRUARY 2022
- 3 -
1
Accounting policies
Company information
OSS Group Holdings Limited is a
private
company
limited by shares
incorporated in
England and Wales
.
The registered office is
Unit 5, Kingsway Business Park, Oldfield Road, Hampton, Middlesex, TW12 2HD.
1.1
Reporting period
These are the first set of accounts since incorporation and hence are for a period shorter than a year.
1.2
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in
sterling
, which is the functional currency of the company.
Monetary a
mounts
in these financial statements are
rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
The company has taken advantage of the exemption under section
399
of the
Companies Act 2006 not to prepare consolidated accounts
, on the basis that the group of which this is the parent qualifies as a small group
. The
financial statements
present information about the company as an individual entity and not about its group
.
1.3
Fixed asset investments
Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses.
The investments are assessed for impairment at each reporting date
and
any
impairment
losses or reversals of impairment losses are recognised immediately in
profit
or
loss
.
A subsidiary is an entity controlled by the company
. Control is
the power to govern the financial and operating policies of
the
entity so as to obtain benefits from its activities.
1.4
Financial instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset
, with
the net amounts presented in the financial statements
,
when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
2
Employees
The average monthly number of persons (including directors) employed by the company during the period was:
2022
Number
Total
3
OSS GROUP HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 28 FEBRUARY 2022
- 4 -
3
Fixed asset investments
2022
£
Shares in group undertakings and participating interests
602
Movements in fixed asset investments
Shares in subsidiaries
£
Cost or valuation
At 21 April 2021
-
Additions
602
At 28 February 2022
602
Carrying amount
At 28 February 2022
602
4
Subsidiaries
Details of the company's subsidiaries at 28 February 2022 are as follows:
Name of undertaking
Registered office
Nature of business
Class of shares held
% Held
Direct
Optima site solutions ltd
England and Wales
Agency
Ordinary
100.00
TC Recruitment
England and Wales
Agency
Ordinary
100.00
5
Debtors
2022
Amounts falling due within one year:
£
Other debtors
600
6
Creditors: amounts falling due within one year
2022
£
Other creditors
2
OSS GROUP HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 28 FEBRUARY 2022
- 5 -
7
Called up share capital
2022
2022
Ordinary share capital
Number
£
Issued and fully paid
Ordinary of £1 each
600
600
Ordinary A of £1 each
250
250
Ordinary B of £1 each
98
98
Ordinary C of £1 each
250
250
Ordinary E of £1 each
2
2
1,200
1,200