REGISTERED NUMBER: 05660418 (England and Wales)

OSBORNES (QUANTITY SURVEYORS) LIMITED

Unaudited Financial Statements for the Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M P D Cakebread

A J Knight

C G Matthews

Ms D J Suffolk

SECRETARY:

M P D Cakebread

REGISTERED OFFICE:

Orchard Court V Binley Business

Park Harry Weston Road

Coventry

CV3 2TQ

REGISTERED NUMBER:

05660418 (England and Wales)

ACCOUNTANTS:

Michael Dufty Partnership Limited

59-61 Charlotte Street

St Pauls Square

Birmingham

West Midlands

B3 1PX

FIXED ASSETS

Tangible assets

4

18,408

24,544

CURRENT ASSETS

Debtors

5

272,960

200,832

Cash at bank and in hand

193,243

237,556

466,203

438,388

CREDITORS

Amounts falling due within one year

6

278,263

241,517

NET CURRENT ASSETS

187,940

196,871

TOTAL ASSETS LESS CURRENT LIABILITIES

206,348

221,415

CREDITORS

Amounts falling due after more than one year

7

(1,809

)

(11,770

)

PROVISIONS FOR LIABILITIES

(4,395

)

(5,883

)

NET ASSETS

200,144

203,762

CAPITAL AND RESERVES

Called up share capital

44

60

Capital redemption reserve

116

100

Retained earnings

199,984

203,602

200,144

203,762

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 October 2025 and were signed on its behalf by:

M P D Cakebread - Director

1.	STATUTORY INFORMATION

Osbornes (Quantity Surveyors) 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 (£).

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.

Improvements to property

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Office equipment

-

25% on reducing balance

Taxation

Taxation for the year 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 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2024 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Office

property

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

37,087

42,671

175,359

255,117

DEPRECIATION

At 1 April 2024

31,650

36,191

162,732

230,573

Charge for year

1,359

1,620

3,157

6,136

At 31 March 2025

33,009

37,811

165,889

236,709

NET BOOK VALUE

At 31 March 2025

4,078

4,860

9,470

18,408

At 31 March 2024

5,437

6,480

12,627

24,544

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

272,960

200,819

Other debtors

-

13

272,960

200,832

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,408

10,649

Trade creditors

35,280

31,312

Taxation and social security

232,575

199,556

278,263

241,517

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

1,809

11,770

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

51,861

46,398

Between one and five years

59,779

7,991

111,640

54,389

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are the directors.