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Company Registration No. 4365688 (England and Wales)
K Osborne Limited Unaudited accounts for the year ended 31 March 2025
K Osborne Limited Unaudited accounts Contents
Page
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K Osborne Limited Company Information for the year ended 31 March 2025
Directors
Kevin W Osborne Kyle Osborne
Secretary
S J Osborne
Company Number
4365688 (England and Wales)
Registered Office
Dan-y-Coed 1 Graig-y-Fforest Treforest Pontypridd CF37 1UA
Accountants
R H Jeffs & Rowe Ltd 27-28 Gelliwastad Road Pontypridd CF37 2BW
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K Osborne Limited Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
16,537 
Current assets
Debtors
7,205 
3,444 
Cash at bank and in hand
3,183 
6,399 
10,388 
9,843 
Creditors: amounts falling due within one year
(10,254)
(22,776)
Net current assets/(liabilities)
134 
(12,933)
Total assets less current liabilities
134 
3,604 
Creditors: amounts falling due after more than one year
- 
(3,455)
Net assets
134 
149 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
34 
49 
Shareholders' funds
134 
149 
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 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 6 May 2025 and were signed on its behalf by
Kevin W Osborne Director Company Registration No. 4365688
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K Osborne Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
K Osborne Limited is a private company, limited by shares, registered in England and Wales, registration number 4365688. The registered office is Dan-y-Coed , 1 Graig-y-Fforest , Treforest, Pontypridd, CF37 1UA.
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:
Motor vehicles
25% reducing balance
Fixtures & fittings
20% reducing balance
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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K Osborne Limited Notes to the Accounts for the year ended 31 March 2025
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2024
41,850 
1,605 
43,455 
Disposals
(41,850)
(1,605)
(43,455)
At 31 March 2025
- 
- 
- 
Depreciation
At 1 April 2024
25,600 
1,318 
26,918 
Charge for the year
4,062 
58 
4,120 
On disposals
(29,662)
(1,376)
(31,038)
At 31 March 2025
- 
- 
- 
Net book value
At 31 March 2025
- 
- 
- 
At 31 March 2024
16,250 
287 
16,537 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
- 
316 
Other debtors
7,205 
3,128 
7,205 
3,444 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
3,386 
- 
Obligations under finance leases and hire purchase contracts
- 
3,769 
Taxes and social security
6,268 
18,929 
Accruals
600 
78 
10,254 
22,776 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Obligations under finance leases and hire purchase contracts
- 
3,455 
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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