O B PAYMENTS LTD

Company Registration Number:
11749409 (England and Wales)

Unaudited abridged accounts for the year ended 31 July 2023

Period of accounts

Start date: 01 August 2022

End date: 31 July 2023

O B PAYMENTS LTD

Contents of the Financial Statements

for the Period Ended 31 July 2023

Balance sheet
Notes

O B PAYMENTS LTD

Balance sheet

As at 31 July 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 333 745
Total fixed assets: 333 745
Current assets
Debtors: 4 79,168 101,750
Cash at bank and in hand: 43 3,506
Total current assets: 79,211 105,256
Creditors: amounts falling due within one year: 5 (88,854) (59,327)
Net current assets (liabilities): (9,643) 45,929
Total assets less current liabilities: (9,310) 46,674
Creditors: amounts falling due after more than one year: 6 (22,027) (15,752)
Provision for liabilities:   (142)
Total net assets (liabilities): (31,337) 30,780
Capital and reserves
Called up share capital: 148 148
Share premium account: 39,852 39,852
Profit and loss account: (71,337) (9,220)
Shareholders funds: (31,337) 30,780

The notes form part of these financial statements

O B PAYMENTS LTD

Balance sheet statements

For the year ending 31 July 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 21 February 2025
and signed on behalf of the board by:

Name: David Carman
Status: Director

The notes form part of these financial statements

O B PAYMENTS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

O B PAYMENTS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

2. Employees

2023 2022
Average number of employees during the period 2 2

O B PAYMENTS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

3. Tangible Assets

Total
Cost £
At 01 August 2022 1,256
At 31 July 2023 1,256
Depreciation
At 01 August 2022 511
Charge for year 412
At 31 July 2023 923
Net book value
At 31 July 2023 333
At 31 July 2022 745

O B PAYMENTS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Debtors

2023 2022
££
Debtors due after more than one year: 79,168 101,750

O B PAYMENTS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

5. Creditors: amounts falling due within one year note

Total for 2022 = 59,327 Total for 2023 = 88,854

O B PAYMENTS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

6. Creditors: amounts falling due after more than one year note

Bank Loans and Overdrafts for:- 2022 = 15,752 2023 = 22,027

O B PAYMENTS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

7. Loans to directors

Name of director receiving advance or credit: David Carman
Description of the loan: Financial loan for home/car
£
Balance at 01 August 2022 25,033
Advances or credits made: 35,154
Balance at 31 July 2023 60,187