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REGISTERED NUMBER: 10431152 (England and Wales)

















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST OCTOBER 2023

FOR

OBSTRAT LTD

OBSTRAT LTD (REGISTERED NUMBER: 10431152)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST OCTOBER 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


OBSTRAT LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST OCTOBER 2023







DIRECTORS: Mr. F A Chaka
Mr H Dadabhoy
Mr H Shaikh





REGISTERED OFFICE: 130-132 Regent Road
Leicester
LE1 7PG





REGISTERED NUMBER: 10431152 (England and Wales)





ACCOUNTANTS: Watergates Ltd
109 Coleman Road
Leicester
LE5 4LE

OBSTRAT LTD (REGISTERED NUMBER: 10431152)

STATEMENT OF FINANCIAL POSITION
31ST OCTOBER 2023

31/10/23 31/10/22
Notes £    £   
FIXED ASSETS
Investments 4 300,000 300,000

CURRENT ASSETS
Debtors 5 768,051 747,859
Cash at bank and in hand 16,659 34,682
784,710 782,541
CREDITORS: AMOUNTS FALLING DUE
WITHIN ONE YEAR

6

(27,729

)

(40,426

)
NET CURRENT ASSETS 756,981 742,115
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,056,981

1,042,115

CREDITORS: AMOUNTS FALLING DUE
AFTER MORE THAN ONE YEAR

7

(1,055,831

)

(1,036,989

)
NET ASSETS 1,150 5,126

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 1,050 5,026
SHAREHOLDERS' FUNDS 1,150 5,126

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st October 2023.

The members have not required the Company to obtain an audit of its financial statements for the year ended 31st October 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.

OBSTRAT LTD (REGISTERED NUMBER: 10431152)

STATEMENT OF FINANCIAL POSITION - continued
31ST OCTOBER 2023


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 28th July 2024 and were signed on its behalf by:





Mr. F A Chaka - Director


OBSTRAT LTD (REGISTERED NUMBER: 10431152)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST OCTOBER 2023


1. STATUTORY INFORMATION

Obstrat 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

INVESTMENTS IN SUBSIDIARIES
Investments in subsidiary undertakings are recognised at cost.

TAXATION
Taxation for the year 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 statement of financial position date.

DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

OBSTRAT LTD (REGISTERED NUMBER: 10431152)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST OCTOBER 2023


4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1st November 2022
and 31st October 2023 300,000
NET BOOK VALUE
At 31st October 2023 300,000
At 31st October 2022 300,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/10/23 31/10/22
£    £   
Other debtors 768,051 747,859

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/10/23 31/10/22
£    £   
Trade creditors 5,730 -
Taxation and social security 1,555 29,860
Other creditors 20,444 10,566
27,729 40,426

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/10/23 31/10/22
£    £   
Other creditors 1,055,831 1,036,989

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31/10/23 31/10/22
value: £    £   
100 ORDINARY 1 100 100