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REGISTERED NUMBER: 03921734 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2023 TO 30 SEPTEMBER 2024

FOR

S.R. OSBORN & SON LIMITED

S.R. OSBORN & SON LIMITED (REGISTERED NUMBER: 03921734)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2023 TO 30 SEPTEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


S.R. OSBORN & SON LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 APRIL 2023 TO 30 SEPTEMBER 2024







DIRECTORS: D Osborn
J Osborn





REGISTERED OFFICE: The Bungalow,
North Crawley Road
Newport Pagnell
Buckinghamshire
MK16 9HG





REGISTERED NUMBER: 03921734 (England and Wales)





ACCOUNTANTS: Ad Valorem Accountancy Services Limited
Chartered Certified Accountants
2 Manor Farm Court
Old Wolverton Road
Old Wolverton
Buckinghamshire
MK12 5NN

S.R. OSBORN & SON LIMITED (REGISTERED NUMBER: 03921734)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 119,330 133,296

CURRENT ASSETS
Stocks 74,456 74,456
Debtors 5 338,234 37,826
Cash at bank 8,047 134,065
420,737 246,347
CREDITORS
Amounts falling due within one year 6 235,592 84,122
NET CURRENT ASSETS 185,145 162,225
TOTAL ASSETS LESS CURRENT
LIABILITIES

304,475

295,521

CREDITORS
Amounts falling due after more than one
year

7

55,805

-
NET ASSETS 248,670 295,521

CAPITAL AND RESERVES
Called up share capital 8 4 4
Other reserves 37,217 37,217
Retained earnings 211,449 258,300
SHAREHOLDERS' FUNDS 248,670 295,521

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

S.R. OSBORN & SON LIMITED (REGISTERED NUMBER: 03921734)

BALANCE SHEET - continued
30 SEPTEMBER 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 March 2025 and were signed on its behalf by:





D Osborn - Director


S.R. OSBORN & SON LIMITED (REGISTERED NUMBER: 03921734)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2023 TO 30 SEPTEMBER 2024


1. STATUTORY INFORMATION

S.R. Osborn & Son Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

TURNOVER
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 20% on reducing balance

STOCKS
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

TAXATION
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

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.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

S.R. OSBORN & SON LIMITED (REGISTERED NUMBER: 03921734)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2023 TO 30 SEPTEMBER 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 7 (2023 - 7 ) .

4. TANGIBLE FIXED ASSETS
Freehold Plant and Motor Computer
property machinery vehicles equipment Totals
£ £ £ £ £
COST
At 1 April 2023
and 30 September 2024 86,742 125,805 141,587 4,943 359,077
DEPRECIATION
At 1 April 2023 - 113,525 107,704 4,552 225,781
Charge for period - 3,684 10,165 117 13,966
At 30 September 2024 - 117,209 117,869 4,669 239,747
NET BOOK VALUE
At 30 September 2024 86,742 8,596 23,718 274 119,330
At 31 March 2023 86,742 12,280 33,883 391 133,296

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors - 11,119
Other debtors 338,234 26,707
338,234 37,826

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Bank loans and overdrafts 19,893 -
Trade creditors 69,998 25,164
Taxation and social security 71,709 56,079
Other creditors 73,992 2,879
235,592 84,122

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£ £
Bank loans 55,805 -

S.R. OSBORN & SON LIMITED (REGISTERED NUMBER: 03921734)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2023 TO 30 SEPTEMBER 2024


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
4 Ordinary 1 4 4

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 30 September 2024 and the year ended 31 March 2023:

2024 2023
£ £
J Osborn
Balance outstanding at start of period 10,870 57,628
Amounts advanced - 10,870
Amounts repaid (10,870 ) (57,628 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period - 10,870

D Osborn
Balance outstanding at start of period 10,870 57,628
Amounts advanced - 10,870
Amounts repaid (10,870 ) (57,628 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period - 10,870