Company Registration No. 09192292 (England and Wales)
OBR Projects Limited
Unaudited accounts
for the year ended 31 August 2024
OBR Projects Limited
Unaudited accounts
Contents
OBR Projects Limited
Company Information
for the year ended 31 August 2024
Directors
Mr G O'Brien
Mrs H O'Brien
Company Number
09192292 (England and Wales)
Registered Office
7 LAKESIDE DRIVE
SOUTHWATER
HORSHAM
RH13 9TR
Accountants
M&T Accounting Limited
24 Great Lime Kilns
Southwater
Horsham
West Sussex
RH13 9JL
OBR Projects Limited
Statement of financial position
as at 31 August 2024
Tangible assets
20,552
26,354
Cash at bank and in hand
51,011
50,265
Creditors: amounts falling due within one year
(1,286)
(1,455)
Net current assets
52,183
50,387
Total assets less current liabilities
72,735
76,741
Provisions for liabilities
Deferred tax
(2,990)
(2,794)
Called up share capital
2
2
Profit and loss account
69,743
73,945
Shareholders' funds
69,745
73,947
For the year ending 31 August 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 directors acknowledge their 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 of Directors and authorised for issue on 19 May 2025 and were signed on its behalf by
Mr G O'Brien
Director
Company Registration No. 09192292
OBR Projects Limited
Notes to the Accounts
for the year ended 31 August 2024
OBR Projects Limited is a private company, limited by shares, registered in England and Wales, registration number 09192292. The registered office is 7 LAKESIDE DRIVE, SOUTHWATER, HORSHAM, RH13 9TR.
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.
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.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% reducing balance
Computer equipment
33% straight line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset.
Deferred tax assets and liabilities are not discounted.
OBR Projects Limited
Notes to the Accounts
for the year ended 31 August 2024
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 September 2023
39,334
4,508
43,842
Disposals
-
(1,205)
(1,205)
At 31 August 2024
39,334
4,589
43,923
At 1 September 2023
14,279
3,209
17,488
Charge for the year
6,264
824
7,088
On disposals
-
(1,205)
(1,205)
At 31 August 2024
20,543
2,828
23,371
At 31 August 2024
18,791
1,761
20,552
At 31 August 2023
25,055
1,299
26,354
Amounts falling due within one year
Accrued income and prepayments
367
377
6
Creditors: amounts falling due within one year
2024
2023
Loans from directors
1,136
1,203
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).