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REGISTERED NUMBER: 04918363 (England and Wales)















OB HOLDINGS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024






OB HOLDINGS LIMITED (REGISTERED NUMBER: 04918363)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


OB HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: J C O'Brien
M A O'Brien
M L Harris





SECRETARY: M L Harris





REGISTERED OFFICE: Sovereign House
12 Warwick Street
Earlsdon
Coventry
West Midlands
CV5 6ET





REGISTERED NUMBER: 04918363 (England and Wales)





ACCOUNTANTS: Burrows Scarborough
Sovereign House
12 Warwick Street
Coventry
West Midlands
CV5 6ET

OB HOLDINGS LIMITED (REGISTERED NUMBER: 04918363)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 190,502 190,502
Investments 5 - 2
190,502 190,504

CURRENT ASSETS
Debtors 6 14,400 -
Prepayments and accrued income 3,181 3,181
Cash at bank 1,627,102 1,716,683
1,644,683 1,719,864
CREDITORS
Amounts falling due within one year 7 183,842 219,126
NET CURRENT ASSETS 1,460,841 1,500,738
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,651,343

1,691,242

ACCRUALS AND DEFERRED INCOME 1,900 1,850
NET ASSETS 1,649,443 1,689,392

CAPITAL AND RESERVES
Called up share capital 8 2,292 2,292
Capital redemption reserve 208 208
Retained earnings 1,646,943 1,686,892
SHAREHOLDERS' FUNDS 1,649,443 1,689,392

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

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 Profit & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 July 2025 and were signed on its behalf by:





M L Harris - Director


OB HOLDINGS LIMITED (REGISTERED NUMBER: 04918363)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

OB Holdings 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.

The presentation currency of the financial statements is the Pound Sterling (£).


The usual place of business is 12 Warwick St, Coventry CV5 6ET.

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

Rendering of services

When the outcome of a transaction can be estimated reliably, turnover from management charges is recognised by reference to the stage of completion at the balance sheet date.

Dividend income is recognised as the company's right to receive payments is established.

Tangible fixed assets
Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Improvements to property 15% on costs
Fixtures & fittings 15% on costs

Investment properties are held at cost due to the fact that fair value cannot be reliably measured.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, 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 year 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.

OB HOLDINGS LIMITED (REGISTERED NUMBER: 04918363)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
Short Long to and
leasehold leasehold property fittings Totals
£    £    £    £    £   
COST
At 1 January 2024
and 31 December 2024 17,020 257,176 272,634 122,235 669,065
DEPRECIATION
At 1 January 2024
and 31 December 2024 17,020 69,262 270,046 122,235 478,563
NET BOOK VALUE
At 31 December 2024 - 187,914 2,588 - 190,502
At 31 December 2023 - 187,914 2,588 - 190,502

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2024 2
Disposals (2 )
At 31 December 2024 -
NET BOOK VALUE
At 31 December 2024 -
At 31 December 2023 2

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 14,400 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 17,559 23,845
Other creditors 166,283 195,281
183,842 219,126

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2,292 Ordinary £1 2,292 2,292

OB HOLDINGS LIMITED (REGISTERED NUMBER: 04918363)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

2024 2023
£    £   
M A O'Brien
Balance outstanding at start of year - -
Amounts advanced (14,400 ) -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (14,400 ) -

This loan is interest free and repayable on demand.