OSBORNE DELTA (LIGHTNING CONDUCTORS) LIMITED

Company Registration Number:
01535519 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

OSBORNE DELTA (LIGHTNING CONDUCTORS) LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

OSBORNE DELTA (LIGHTNING CONDUCTORS) LIMITED

Balance sheet

As at 31 December 2024


Notes
2024
2023


£
£
Fixed assets
Tangible assets: 3 16,964 31,211
Total fixed assets: 16,964 31,211
Current assets
Stocks: 3,000 3,000
Debtors: 4 191,220 211,657
Cash at bank and in hand: 123,839 129,673
Total current assets: 318,059 344,330
Creditors: amounts falling due within one year: 5 (79,915) (103,546)
Net current assets (liabilities): 238,144 240,784
Total assets less current liabilities: 255,108 271,995
Provision for liabilities: (1,018) (4,374)
Total net assets (liabilities): 254,090 267,621
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 253,990 267,521
Shareholders funds: 254,090 267,621

The notes form part of these financial statements

OSBORNE DELTA (LIGHTNING CONDUCTORS) LIMITED

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 09 September 2025
and signed on behalf of the board by:

Name: Mrs E J Hill
Status: Director

The notes form part of these financial statements

OSBORNE DELTA (LIGHTNING CONDUCTORS) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover comprises the invoiced value in respect of the sale and installation of lightning conductors supplied by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets and depreciation policy

Tangible fixed assets, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: Plant and machinery - 25% Straight line Motor vehicles - 25% Straight line Fixtures and fittings - 25% Straight line

Other accounting policies

Government grants Government grants received are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants received towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred. Inventories Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Deferred tax Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. Hire purchase and leasing commitments Rentals payable under operating leases are charged against income on a straight line basis over the lease term. The finance element of the rental payment is charged to the profit and loss account on a straight line basis.

OSBORNE DELTA (LIGHTNING CONDUCTORS) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 15 15

OSBORNE DELTA (LIGHTNING CONDUCTORS) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible Assets

Total
Cost £
At 01 January 2024 160,728
Disposals (41,503)
At 31 December 2024 119,225
Depreciation
At 01 January 2024 129,517
Charge for year 15,268
On disposals (42,524)
At 31 December 2024 102,261
Net book value
At 31 December 2024 16,964
At 31 December 2023 31,211

OSBORNE DELTA (LIGHTNING CONDUCTORS) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Debtors

Debtors comprise of: Trade debtors - £101,987 (2023 - £109,492), Amounts owed by group undertakings and participating interests - £78,927 (2023 - £81,709), Other debtors - £10,306 (2023 - £20,456)

OSBORNE DELTA (LIGHTNING CONDUCTORS) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Creditors: amounts falling due within one year note

Trade creditors - £26,904 (2023 - £37,442) Taxation and social security - £26,423 (2023 - £31,864) Other creditors - £26,588 (2023 - £34,240)

OSBORNE DELTA (LIGHTNING CONDUCTORS) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

6. Related party transactions

Parent-subsidiary relationship The company's immediate parent company is ThinkDelta Group Limited, a company incorporated in England and Wales. The immediate parent company's registered office address is: Delta House, Wrigley Street, Oldham, OL4 1SL The company's ultimate parent company is Brightissue Holdings Limited, a company incorporated in England & Wales. The ultimate parent company's registered office address is: Delta House, Wrigley Street, Oldham, OL4 1SL