Company Registration No. 08542404 (England and Wales)
Obam Limited
Unaudited accounts
for the period from 1 June 2024 to 31 March 2025
Obam Limited
Unaudited accounts
Contents
Obam Limited
Company Information
for the period from 1 June 2024 to 31 March 2025
Company Number
08542404 (England and Wales)
Registered Office
203 West Street
Fareham
Hampshire
PO16 0EN
England
Accountants
Taxsense
203 West Street
Fareham
Hants
PO16 0EN
Obam Limited
Accountants' report
Accountants' report to the director of Obam Limited on the preparation of the unaudited statutory accounts for the period from 1 June 2024 to 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Obam Limited for the period from
1 June 2024 to
31 March 2025 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Obam Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Obam Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Obam Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Obam Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Obam Limited. You consider that Obam Limited is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of Obam Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Taxsense
203 West Street
Fareham
Hants
PO16 0EN
23 July 2025
Obam Limited
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
58,212
101,714
Creditors: amounts falling due within one year
(62,422)
(127,989)
Net current assets/(liabilities)
4,322
(21,043)
Total assets less current liabilities
5,718
(21,043)
Creditors: amounts falling due after more than one year
(14,154)
(15,098)
Net liabilities
(8,436)
(36,141)
Called up share capital
2
2
Profit and loss account
(8,438)
(36,143)
Shareholders' funds
(8,436)
(36,141)
For the period 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 director acknowledges his 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 and authorised for issue on 23 July 2025 and were signed on its behalf by
Mr AJ Wilkin
Director
Company Registration No. 08542404
Obam Limited
Notes to the Accounts
for the period from 1 June 2024 to 31 March 2025
Obam Limited is a private company, limited by shares, registered in England and Wales, registration number 08542404. The registered office is 203 West Street, Fareham, Hampshire, PO16 0EN, England.
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 period, 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.
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:
Computer equipment
33% Straight Line Method
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Obam Limited
Notes to the Accounts
for the period from 1 June 2024 to 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
42,266
107,650
Taxes and social security
866
-
Loans from directors
7,652
12,529
7
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
14,154
15,098
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director Loan Account
(12,529)
(114,184)
(119,062)
(7,651)
(12,529)
(114,184)
(119,062)
(7,651)
10
Average number of employees
During the period the average number of employees was 4 (2024: 4).