Company Registration No. 10279685 (England and Wales)
3842 Osborne Ltd
Unaudited accounts
for the year ended 31 July 2024
3842 Osborne Ltd
Unaudited accounts
Contents
3842 Osborne Ltd
Company Information
for the year ended 31 July 2024
Company Number
10279685 (England and Wales)
Registered Office
Whites Hotel
Osboorne Road
Newcastle upon Tyne
NE2 2AL
Accountants
G W Accountants Ltd
1 Jesmond Business Court
217 Jesmond Road
Newcastle upon Tyne
NE2 1LA
3842 Osborne Ltd
Statement of financial position
as at 31 July 2024
Tangible assets
1,202,549
1,223,174
Cash at bank and in hand
2,770
11,478
Creditors: amounts falling due within one year
(629,745)
(641,990)
Net current liabilities
(626,975)
(630,512)
Total assets less current liabilities
575,574
592,662
Creditors: amounts falling due after more than one year
(478,832)
(527,547)
Called up share capital
100
100
Profit and loss account
96,642
65,015
Shareholders' funds
96,742
65,115
For the year ending 31 July 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 her 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 7 April 2025 and were signed on its behalf by
Mrs Tripta Puri
Director
Company Registration No. 10279685
3842 Osborne Ltd
Notes to the Accounts
for the year ended 31 July 2024
3842 Osborne Ltd is a private company, limited by shares, registered in England and Wales, registration number 10279685. The registered office is Whites Hotel, Osboorne Road, Newcastle upon Tyne, NE2 2AL.
2
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.
These financial statements for the year ended 31 July 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 August 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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
Not depreciated
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 August 2023
1,202,549
150,000
1,352,549
At 31 July 2024
1,202,549
150,000
1,352,549
At 1 August 2023
-
129,375
129,375
Charge for the year
-
20,625
20,625
At 31 July 2024
-
150,000
150,000
At 31 July 2024
1,202,549
-
1,202,549
At 31 July 2023
1,202,549
20,625
1,223,174
3842 Osborne Ltd
Notes to the Accounts
for the year ended 31 July 2024
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
55,930
55,930
Taxes and social security
-
7,245
Loans from directors
573,815
578,815
6
Creditors: amounts falling due after more than one year
2024
2023
Amounts owed to group undertakings and other participating interests
469,718
431,736
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).