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Company Registration No. 4515993 (England and Wales)
On Board Defence Ltd Unaudited accounts for the year ended 31 March 2025
On Board Defence Ltd Unaudited accounts Contents
Page
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On Board Defence Ltd Company Information for the year ended 31 March 2025
Director
Mr. Paul Michael Chase
Company Number
4515993 (England and Wales)
Registered Office
UNIT 3 HASLEMERE WAY BANBURY OXFORDSHIRE OX16 5TY
Accountants
Azoth Digital Accountants Jonathan Scott Hall Thorpe Road Norwich Norfolk NR1 1UH
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On Board Defence Ltd Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Intangible assets
- 
1,072 
Tangible assets
- 
97,192 
- 
98,264 
Current assets
Inventories
109,988 
126,865 
Debtors
42,455 
954,957 
Cash at bank and in hand
82,461 
56,000 
234,904 
1,137,822 
Creditors: amounts falling due within one year
(178,166)
(173,855)
Net current assets
56,738 
963,967 
Total assets less current liabilities
56,738 
1,062,231 
Creditors: amounts falling due after more than one year
(16,363)
(69,400)
Provisions for liabilities
Deferred tax
- 
(3,323)
Net assets
40,375 
989,508 
Capital and reserves
Called up share capital
91 
91 
Capital redemption reserve
10 
10 
Profit and loss account
40,274 
989,407 
Shareholders' funds
40,375 
989,508 
For the year ending 31 March 2025 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 7 May 2025 and were signed on its behalf by
Mr. Paul Michael Chase Director Company Registration No. 4515993
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On Board Defence Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
On Board Defence Ltd is a private company, limited by shares, registered in England and Wales, registration number 4515993. The registered office is UNIT 3 HASLEMERE WAY, BANBURY, OXFORDSHIRE, OX16 5TY.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
20% SLM
Plant & machinery
20% RBM
Motor vehicles
15% RBM
Fixtures & fittings
20% RBM
Computer equipment
20% RBM
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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On Board Defence Ltd Notes to the Accounts for the year ended 31 March 2025
4
Intangible fixed assets
Other 
£ 
Cost
At 1 April 2024
17,855 
Disposals
(17,855)
At 31 March 2025
- 
Amortisation
At 1 April 2024
16,783 
On disposals
(16,783)
At 31 March 2025
- 
Net book value
At 31 March 2025
- 
At 31 March 2024
1,072 
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 April 2024
45,878 
88,328 
7,566 
17,512 
159,284 
Disposals
(45,878)
(88,328)
(7,566)
(17,512)
(159,284)
At 31 March 2025
- 
- 
- 
- 
- 
Depreciation
At 1 April 2024
23,657 
20,958 
6,220 
11,257 
62,092 
On disposals
(23,657)
(20,958)
(6,220)
(11,257)
(62,092)
At 31 March 2025
- 
- 
- 
- 
- 
Net book value
At 31 March 2025
- 
- 
- 
- 
- 
At 31 March 2024
22,221 
67,370 
1,346 
6,255 
97,192 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
30,371 
27,671 
Amounts due from group undertakings etc.
- 
900,328 
Accrued income and prepayments
2,038 
16,912 
Other debtors
10,046 
10,046 
42,455 
954,957 
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On Board Defence Ltd Notes to the Accounts for the year ended 31 March 2025
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
3,918 
10,000 
VAT
47,443 
2,630 
Obligations under finance leases and hire purchase contracts
- 
10,976 
Trade creditors
10,610 
108,801 
Taxes and social security
113,710 
40,470 
Other creditors
- 
431 
Loans from directors
1,880 
25 
Accruals
605 
522 
178,166 
173,855 
8
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
16,363 
14,198 
Obligations under finance leases and hire purchase contracts
- 
55,202 
16,363 
69,400 
9
Average number of employees
During the year the average number of employees was 4 (2024: 4).
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