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Company Registration No. 14044510 (England and Wales)
Obsidian Re Ltd Unaudited accounts for the year ended 30 April 2025
Obsidian Re Ltd Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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Obsidian Re Ltd Company Information for the year ended 30 April 2025
Director
Keith Foster
Company Number
14044510 (England and Wales)
Registered Office
71-75 SHELTON STREET COVENT GARDEN LONDON WC2H 9JQ UNITED KINGDOM
Accountants
Julian Cobb 12 Flamingo Drive Stillwater Park Herne Bay Kent CT6 5PY
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Obsidian Re Ltd Accountants' report
Accountants' report to the director of Obsidian Re Ltd (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 30 April 2025.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the year ended 30 April 2025. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
Julian Cobb 12 Flamingo Drive Stillwater Park Herne Bay Kent CT6 5PY 7 October 2025
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Obsidian Re Ltd Statement of financial position as at 30 April 2025
2025
2024
Notes
£
£
Current assets
Debtors
4
100,000
47,200
Cash at bank and in hand
9,001
(4,122)
109,001
43,078
Creditors: amounts falling due within one year
5
(135,147)
(32,410)
Net current (liabilities)/assets
(26,146)
10,668
Total assets less current liabilities
(26,146)
10,668
Creditors: amounts falling due after more than one year
6
131,913
20,000
Net assets
105,767
30,668
Capital and reserves
Called up share capital
20,000
20,000
Capital contribution reserve
83,746
-
Profit and loss account
2,021
10,668
Shareholders' funds
105,767
30,668
For the year ending 30 April 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 7 October 2025 and were signed on its behalf by
Keith Foster Director Company Registration No. 14044510
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Obsidian Re Ltd Notes to the Accounts for the year ended 30 April 2025
1
Statutory information
Obsidian Re Ltd is a private company, limited by shares, registered in England and Wales, registration number 14044510. The registered office is 71-75 SHELTON STREET, COVENT GARDEN, LONDON, WC2H 9JQ, UNITED KINGDOM.
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.
4
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
-
47,200
Other debtors
100,000
-
100,000
47,200
5
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
3,235
497
Loans from directors
131,912
31,913
135,147
32,410
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Loans from directors
(131,913)
(20,000)
£100,000.00 Letter of Credit to the company from KF as required under FCA Guidelines
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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