OBSIDIAN DETAILING LTD

Company Registration Number:
08302714 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2023

Period of accounts

Start date: 1 December 2022

End date: 30 November 2023

OBSIDIAN DETAILING LTD

Contents of the Financial Statements

for the Period Ended 30 November 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

OBSIDIAN DETAILING LTD

Directors' report period ended 30 November 2023

The directors present their report with the financial statements of the company for the period ended 30 November 2023

Principal activities of the company

The principal activity of the company is that of motor vehicle detailing.



Directors

The director shown below has held office during the whole of the period from
1 December 2022 to 30 November 2023

Matthew Rowe


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
21 August 2024

And signed on behalf of the board by:
Name: Matthew Rowe
Status: Director

OBSIDIAN DETAILING LTD

Profit And Loss Account

for the Period Ended 30 November 2023

2023 2022


£

£
Turnover: 43,227 50,918
Cost of sales: ( 9,967 ) ( 13,412 )
Gross profit(or loss): 33,260 37,506
Administrative expenses: ( 30,104 ) ( 27,944 )
Operating profit(or loss): 3,156 9,562
Profit(or loss) before tax: 3,156 9,562
Tax: ( 809 ) ( 826 )
Profit(or loss) for the financial year: 2,347 8,736

OBSIDIAN DETAILING LTD

Balance sheet

As at 30 November 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 4,203 5,305
Total fixed assets: 4,203 5,305
Current assets
Cash at bank and in hand: 10,508 12,637
Total current assets: 10,508 12,637
Creditors: amounts falling due within one year: 4 ( 11,117 ) ( 14,696 )
Net current assets (liabilities): (609) (2,059)
Total assets less current liabilities: 3,594 3,246
Total net assets (liabilities): 3,594 3,246
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 3,494 3,146
Total Shareholders' funds: 3,594 3,246

The notes form part of these financial statements

OBSIDIAN DETAILING LTD

Balance sheet statements

For the year ending 30 November 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 21 August 2024
and signed on behalf of the board by:

Name: Matthew Rowe
Status: Director

The notes form part of these financial statements

OBSIDIAN DETAILING LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

    Turnover policy

    Turnover includes invoiced sales excluding VAT.

OBSIDIAN DETAILING LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 1 1

OBSIDIAN DETAILING LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 December 2022 7,343 7,343
Additions 298 298
Disposals
Revaluations
Transfers
At 30 November 2023 7,641 7,641
Depreciation
At 1 December 2022 2,038 2,038
Charge for year 1,400 1,400
On disposals
Other adjustments
At 30 November 2023 3,438 3,438
Net book value
At 30 November 2023 4,203 4,203
At 30 November 2022 5,305 5,305

OBSIDIAN DETAILING LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Taxation and social security 809 826
Other creditors 10,308 13,870
Total 11,117 14,696