IRIS Accounts Production v23.2.0.158 13872593 Board of Directors Board of Directors 26.1.22 31.1.23 31.1.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure138725932022-01-25138725932023-01-31138725932022-01-262023-01-31138725932022-01-2513872593ns16:EnglandWales2022-01-262023-01-3113872593ns15:PoundSterling2022-01-262023-01-3113872593ns11:Director12022-01-262023-01-3113872593ns11:Director22022-01-262023-01-3113872593ns11:PrivateLimitedCompanyLtd2022-01-262023-01-3113872593ns11:SmallEntities2022-01-262023-01-3113872593ns11:AuditExempt-NoAccountantsReport2022-01-262023-01-3113872593ns11:SmallCompaniesRegimeForDirectorsReport2022-01-262023-01-3113872593ns11:SmallCompaniesRegimeForAccounts2022-01-262023-01-3113872593ns11:FullAccounts2022-01-262023-01-3113872593ns11:OrdinaryShareClass12022-01-262023-01-3113872593ns11:RegisteredOffice2022-01-262023-01-3113872593ns6:CurrentFinancialInstruments2023-01-3113872593ns6:ShareCapital2023-01-3113872593ns6:RetainedEarningsAccumulatedLosses2023-01-3113872593ns6:FurnitureFittings2022-01-262023-01-3113872593ns6:ComputerEquipment2022-01-262023-01-3113872593ns6:FurnitureFittings2023-01-3113872593ns6:ComputerEquipment2023-01-3113872593ns11:OrdinaryShareClass12023-01-31
REGISTERED NUMBER: 13872593 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 26 JANUARY 2022 TO 31 JANUARY 2023

FOR

OBSIDIANET LTD

OBSIDIANET LTD (REGISTERED NUMBER: 13872593)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 26 JANUARY 2022 TO 31 JANUARY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


OBSIDIANET LTD

COMPANY INFORMATION
FOR THE PERIOD 26 JANUARY 2022 TO 31 JANUARY 2023







DIRECTORS: F Vararu
A A Vararu





REGISTERED OFFICE: Room 73, The Mansion House Wrest Park
Silsoe
Bedford
United Kingdom
MK45 4HR





REGISTERED NUMBER: 13872593 (England and Wales)





ACCOUNTANTS: MDG Business Associates Limited
Room 73
Wrest House
Wrest Park
Silsoe
Bedfordshire
MK45 4HR

OBSIDIANET LTD (REGISTERED NUMBER: 13872593)

BALANCE SHEET
31 JANUARY 2023

Notes £    £   
FIXED ASSETS
Tangible assets 4 2,341

CURRENT ASSETS
Debtors 5 28,674
Cash at bank 7,152
35,826
CREDITORS
Amounts falling due within one year 6 7,565
NET CURRENT ASSETS 28,261
TOTAL ASSETS LESS CURRENT
LIABILITIES

30,602

CAPITAL AND RESERVES
Called up share capital 7 1,000
Retained earnings 29,602
SHAREHOLDERS' FUNDS 30,602

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

The members have not required the company to obtain an audit of its financial statements for the period 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 October 2023 and were signed on its behalf by:




A A Vararu - Director



F Vararu - Director


OBSIDIANET LTD (REGISTERED NUMBER: 13872593)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 26 JANUARY 2022 TO 31 JANUARY 2023

1. STATUTORY INFORMATION

Obsidianet 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.
Fixtures and fittings - 20% on cost
Computer equipment - 20% on cost

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
Cost
Additions 534 2,108 2,642
At 31 January 2023 534 2,108 2,642
Depreciation
Charge for period 65 236 301
At 31 January 2023 65 236 301
Net book value
At 31 January 2023 469 1,872 2,341

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Directors' loan account 28,674

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Corporation tax 6,665
Accruals and deferred income 900
7,565

OBSIDIANET LTD (REGISTERED NUMBER: 13872593)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 26 JANUARY 2022 TO 31 JANUARY 2023

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
1,000 Ordinary 1 1,000

Upon incorporation 1,000 Ordinary shares of £1 each were issued at par.

8. RELATED PARTY DISCLOSURES

Included within debtors is an amount of £28,674 due from the directors to the company. Interest of £699 has been charged on this balance at 2.5% during the period, and this balance was repaid post year end.