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REGISTERED NUMBER: 09632593 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Kevin Osbon Limited

Kevin Osbon Limited (Registered number: 09632593)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Kevin Osbon Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: Mr K A C Osbon





REGISTERED OFFICE: Focus House
Millenium Way West
Phoenix Business Park
Nottingham
NG8 6AS





REGISTERED NUMBER: 09632593 (England and Wales)





ACCOUNTANTS: Franklins
1 Pinnacle Way
Pride Park
Derby
Derbyshire
DE24 8ZS

Kevin Osbon Limited (Registered number: 09632593)

Balance Sheet
31 March 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 4 482,932 359,901
Cash at bank 43,284 64,119
526,216 424,020
CREDITORS
Amounts falling due within one year 5 70,558 82,391
NET CURRENT ASSETS 455,658 341,629
TOTAL ASSETS LESS CURRENT
LIABILITIES

455,658

341,629

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings 455,558 341,529
SHAREHOLDERS' FUNDS 455,658 341,629

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 October 2024 and were signed by:





Mr K A C Osbon - Director


Kevin Osbon Limited (Registered number: 09632593)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Kevin Osbon Limited 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 represents the company's share of the profits of the partnership.

Goodwill
Purchased goodwill is amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives as follows:

Goodwill - five years

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 1 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Due from partnership 410,809 341,102
Other debtors 28,036 18,799
Directors' current accounts 44,087 -
482,932 359,901

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Tax 66,881 36,886
Social security and other taxes 1,417 -
Other creditors 1,138 -
Directors' current accounts - 44,671
Accruals and deferred income 1,122 834
70,558 82,391

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

Kevin Osbon Limited (Registered number: 09632593)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
Mr K A C Osbon
Balance outstanding at start of year - -
Amounts advanced 124,682 -
Amounts repaid (80,595 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 44,087 -

The director's loan account was repaid within nine months of the year end. Interest was charged on the overdrawn director's loan account at HM Revenue & Customs official rate of interest at a rate of 2% per annum to 5th April 2023 and 2.25% per annum thereafter.