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REGISTERED NUMBER: 05190596 (England and Wales)
















OMB RESEARCH LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024






OMB RESEARCH LIMITED (REGISTERED NUMBER: 05190596)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


OMB RESEARCH LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: G C Bird
J A Murray





SECRETARY: G C Bird





REGISTERED OFFICE: 2 Lakeview Stables
Lower St Clere
Kemsing
Sevenoaks
Kent
TN15 6NL





REGISTERED NUMBER: 05190596 (England and Wales)





ACCOUNTANTS: Lakeview Southern Limited
Chartered Accountants
2 Lakeview Stables
Lower St. Clere
Kemsing
Sevenoaks
Kent
TN15 6NL

OMB RESEARCH LIMITED (REGISTERED NUMBER: 05190596)

BALANCE SHEET
30 SEPTEMBER 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,296 5,057

CURRENT ASSETS
Debtors 5 105,401 330,614
Cash at bank and in hand 376,189 293,290
481,590 623,904
CREDITORS
Amounts falling due within one year 6 288,747 443,380
NET CURRENT ASSETS 192,843 180,524
TOTAL ASSETS LESS CURRENT
LIABILITIES

197,139

185,581

PROVISIONS FOR LIABILITIES 1,329 -
NET ASSETS 195,810 185,581

CAPITAL AND RESERVES
Called up share capital 668 668
Retained earnings 195,142 184,913
SHAREHOLDERS' FUNDS 195,810 185,581

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 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.

OMB RESEARCH LIMITED (REGISTERED NUMBER: 05190596)

BALANCE SHEET - continued
30 SEPTEMBER 2024


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 30 October 2024 and were signed on its behalf by:





J A Murray - Director


OMB RESEARCH LIMITED (REGISTERED NUMBER: 05190596)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024


1. STATUTORY INFORMATION

OMB Research 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 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.
Fixtures & fittings - 15% on reducing balance
Office equipment - 15% on reducing balance

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

OMB RESEARCH LIMITED (REGISTERED NUMBER: 05190596)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


4. TANGIBLE FIXED ASSETS
Fixtures Office
& fittings equipment Totals
£    £    £   
COST
At 1 October 2023 1,592 25,101 26,693
Additions - 1,198 1,198
Disposals (966 ) (1,147 ) (2,113 )
At 30 September 2024 626 25,152 25,778
DEPRECIATION
At 1 October 2023 1,290 20,346 21,636
Charge for year 37 721 758
Eliminated on disposal (912 ) - (912 )
At 30 September 2024 415 21,067 21,482
NET BOOK VALUE
At 30 September 2024 211 4,085 4,296
At 30 September 2023 302 4,755 5,057

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 95,081 283,536
Other debtors 4,346 -
Prepayments & accrued income 5,974 47,078
105,401 330,614

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade creditors 599 111,794
Tax 73,312 72,492
Social security and other taxes 29,681 32,196
Other creditors 140 1,983
Directors' current accounts 144,733 184,733
Accruals and deferred income 40,282 40,182
288,747 443,380

The loan from the directors are repayable on demand and interest free.

OMB RESEARCH LIMITED (REGISTERED NUMBER: 05190596)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


7. PENSION COMMITMENTS

The company operates a defined contribution pension scheme, in line with its statutory obligations under auto-enrolment. The contributions in the period were £3,910 (2023: £3,619).

8. RELATED PARTY DISCLOSURES

At 30th September 2024 the company owed the directors £144,733 (2023: £184,733). These loans are interest free and repayable on demand.

9. ULTIMATE CONTROLLING PARTY

The company is under the control of the directors as they own 100% of the issued share capital.