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REGISTERED NUMBER: 12335768 (England and Wales)















Unaudited Financial Statements for the Year Ended 30th November 2023

for

O.B VISION LTD

O.B VISION LTD (Registered number: 12335768)






Contents of the Financial Statements
for the Year Ended 30th November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


O.B VISION LTD

Company Information
for the Year Ended 30th November 2023







DIRECTOR: E L Jones





REGISTERED OFFICE: Glan Dwr
Lon Tan y Bryn
Morfa Nefyn
Pwllheli
Gwynedd
LL53 6BU





REGISTERED NUMBER: 12335768 (England and Wales)





ACCOUNTANTS: A.Hughes-Jones, Dyson & Co.
Capel Moreia
South Penrallt
Caernarfon
Gwynedd
LL55 1NS

O.B VISION LTD (Registered number: 12335768)

Balance Sheet
30th November 2023

30/11/23 30/11/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,737 1,642

CURRENT ASSETS
Debtors 5 11,126 20,917
Cash at bank 13,824 6,255
24,950 27,172
CREDITORS
Amounts falling due within one year 6 9,135 10,691
NET CURRENT ASSETS 15,815 16,481
TOTAL ASSETS LESS CURRENT
LIABILITIES

19,552

18,123

RESERVES
Retained earnings 19,552 18,123
19,552 18,123

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 28th August 2024 and were signed by:





E L Jones - Director


O.B VISION LTD (Registered number: 12335768)

Notes to the Financial Statements
for the Year Ended 30th November 2023

1. STATUTORY INFORMATION

O.B VISION 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.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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).

O.B VISION LTD (Registered number: 12335768)

Notes to the Financial Statements - continued
for the Year Ended 30th November 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st December 2022 1,642
Additions 2,095
At 30th November 2023 3,737
NET BOOK VALUE
At 30th November 2023 3,737
At 30th November 2022 1,642

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/23 30/11/22
£    £   
Trade debtors 11,126 10,326
Other debtors - 10,591
11,126 20,917

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/23 30/11/22
£    £   
Trade creditors 1 1
Taxation and social security 7,081 10,020
Other creditors 2,053 670
9,135 10,691