Registered number
09223158
Osborn Head Office Limited
Report and Accounts
30 June 2024
Accountancy 4 Wealth Limited
Accountants and Business Advisors
33 Wolverhampton Road
Cannock
Staffordshire
WS11 1AP
Osborn Head Office Limited
Registered number: 09223158
Balance Sheet
as at 30 June 2024
Notes 2024 2022
£ £
Fixed assets
Investments 3 1,100 1,100
Current assets
Debtors 4 1,489,687 1,377,982
Creditors: amounts falling due within one year 5 - (278,295)
Net current assets 1,489,687 1,099,687
Net assets 1,490,787 1,100,787
Capital and reserves
Called up share capital 1,000 1,000
Profit and loss account 1,489,787 1,099,787
Shareholders' funds 1,490,787 1,100,787
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
E Osborn-Wilkes
Director
Approved by the board on 26 July 2024
Osborn Head Office Limited
Notes to the Accounts
for the period from 1 January 2023 to 30 June 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2024 2022
Number Number
Average number of persons employed by the company 3 4
3 Investments
Investments in
subsidiary
undertakings
£
Cost
At 1 January 2023 1,100
At 30 June 2024 1,100
The company holds 20% or more of the share capital of the following companies:
Company Shares held %
Class Holding
Halso UK Fuels Limited Ordinary 100
Halso Boiler Services Limited Ordinary 100
4 Debtors 2024 2022
£ £
Amounts owed by group undertakings and undertakings in which the company has a participating interest 860,312 748,607
Other debtors 629,375 629,375
1,489,687 1,377,982
5 Creditors: amounts falling due within one year 2024 2022
£ £
Amounts owed to group undertakings and undertakings in which the company has a participating interest - 278,295
6 Related party transactions
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland", not to disclose related party transactions with wholly owned subsidiaries within the group.
At the year end the directors loan account for Mrs E Osborn-Wilkes was overdrawn by £475,000.
7 Controlling party
The company is controlled by its directors and shareholders.
Osborn Head Office Limited 09223158 false 2023-01-01 2024-06-30 2024-06-30 VT Final Accounts July 2024 E Osborn-Wilkes No description of principal activity 09223158 2022-01-01 2022-12-31 09223158 core:WithinOneYear 2022-12-31 09223158 core:ShareCapital 2022-12-31 09223158 core:RetainedEarningsAccumulatedLosses 2022-12-31 09223158 2023-01-01 2024-06-30 09223158 bus:PrivateLimitedCompanyLtd 2023-01-01 2024-06-30 09223158 bus:AuditExemptWithAccountantsReport 2023-01-01 2024-06-30 09223158 bus:Director40 2023-01-01 2024-06-30 09223158 bus:FRS102 2023-01-01 2024-06-30 09223158 bus:FilletedAccounts 2023-01-01 2024-06-30 09223158 2024-06-30 09223158 core:WithinOneYear 2024-06-30 09223158 core:ShareCapital 2024-06-30 09223158 core:RetainedEarningsAccumulatedLosses 2024-06-30 09223158 2022-12-31 iso4217:GBP xbrli:pure