Company registration number 08446665 (England and Wales)
PHIL OSBORNE LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
PAGES FOR FILING WITH REGISTRAR
PHIL OSBORNE LTD
CONTENTS
Page
Balance sheet and notes to the financial statements
1 - 2
PHIL OSBORNE LTD
BALANCE SHEET
AS AT 31 MARCH 2023
31 March 2023
- 1 -
2023
2022
£
£
£
£
Fixed assets
11,304
13,299
Current assets
1,156,275
1,214,660
Creditors: amounts falling due within one year
(1,181,125)
(1,227,430)
Net current liabilities
(24,850)
(12,770)
Total assets less current liabilities
(13,546)
529
Net (liabilities)/assets
(13,546)
529
Capital and reserves
(13,546)
529
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2023
2022
Number
Number
Employees
2
2
2
Going Concern
The company had net current liabilities of £24,850 (2022: £12,770) and net liabilities of £13,546 (2022: net current assets of £529).
The director is currently considering the future of the Company, however the accounts have been prepared under the going concern basis since the director will continue to support the company in the interim period to enable the company to meet it's liabilities as they fall due.
PHIL OSBORNE LTD
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023
31 March 2023
- 2 -
Phil Osborne Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Fitzroy House, Crown Street, Ipswich, Suffolk, IP1 3LG.
For the year ended 31 March 2023 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.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' 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 10 November 2023 and are signed on its behalf by:
Mr P D Osborne
Director
Company Registration Number 08446665