Company Registration No. 14678722 (England and Wales)
Obsidian Commercial Development Ltd
Unaudited accounts
for the period from 21 February 2023 to 29 February 2024
Obsidian Commercial Development Ltd
Unaudited accounts
Contents
Obsidian Commercial Development Ltd
Company Information
for the period from 21 February 2023 to 29 February 2024
Company Number
14678722 (England and Wales)
Registered Office
Bridge End Aston Accountants
Bath Road Taplow
Maidenhead
SL6 0AR
England
Obsidian Commercial Development Ltd
Statement of financial position
as at 29 February 2024
Cash at bank and in hand
1,171
Creditors: amounts falling due within one year
(553,751)
Net current liabilities
(501,700)
Called up share capital
100
Profit and loss account
(11,800)
Shareholders' funds
(11,700)
For the period ending 29 February 2024 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 20 November 2024 and were signed on its behalf by
Sardar Ali Khan
Director
Company Registration No. 14678722
Obsidian Commercial Development Ltd
Notes to the Accounts
for the period from 21 February 2023 to 29 February 2024
Obsidian Commercial Development Ltd is a private company, limited by shares, registered in England and Wales, registration number 14678722. The registered office is Bridge End Aston Accountants, Bath Road Taplow, Maidenhead, SL6 0AR, England.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
2% at cost
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Tangible fixed assets
Land & buildings
At 29 February 2024
500,000
Charge for the period
10,000
At 29 February 2024
10,000
At 29 February 2024
490,000
Amounts falling due within one year
Obsidian Commercial Development Ltd
Notes to the Accounts
for the period from 21 February 2023 to 29 February 2024
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Creditors: amounts falling due within one year
2024
Amounts owed to group undertakings and other participating interests
306,600
Loans from directors
246,401
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
Company is controlled by its director by virtue of holding entire issued share capital.
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Average number of employees
During the period the average number of employees was 0.