| Obvious Things Ltd |
|
| Report to the director on the preparation of the unaudited statutory accounts of Obvious Things Ltd for the year ended 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 Obvious Things Ltd for the year ended 31 March 2025 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company’s accounting records and from information and explanations you have given us. |
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/ |
| Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. |
|
| Coalesco Accountants Limited |
| Chartered Certified Accountants |
| 156 Russell Drive |
| Wollaton |
| Nottingham |
| Nottinghamshire |
| NG8 2BE |
|
| 21 October 2025 |
|
| Obvious Things Ltd |
| Registered number: |
09470259 |
| Balance Sheet |
| as at 31 March 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
515 |
|
|
496 |
|
| Current assets |
| Debtors |
4 |
|
6,427 |
|
|
8,177 |
|
| Creditors: amounts falling due within one year |
5 |
|
(3,158) |
|
|
(8,497) |
|
| Net current assets/(liabilities) |
|
|
|
3,269 |
|
|
(320) |
|
| Net assets |
|
|
|
3,784 |
|
|
176 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
1 |
|
|
1 |
| Profit and loss account |
|
|
|
3,783 |
|
|
175 |
|
| Shareholder's funds |
|
|
|
3,784 |
|
|
176 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| S J Collison |
| Director |
| Approved by the board on 21 October 2025 |
|
| Obvious Things Ltd |
| Notes to the Accounts |
| for the year ended 31 March 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland. |
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of work carried out in respect of services provided to customers. |
|
|
Tangible fixed assets |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Fixtures, fittings, tools and equipment |
over 2 years straight line |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Plant and machinery etc |
| £ |
|
Cost |
|
At 1 April 2024 |
5,866 |
|
Additions |
626 |
|
At 31 March 2025 |
6,492 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2024 |
5,370 |
|
Charge for the year |
607 |
|
At 31 March 2025 |
5,977 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2025 |
515 |
|
At 31 March 2024 |
496 |
|
|
|
|
|
|
|
|
|
|
|
| 4 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade debtors |
3,477 |
|
- |
|
Directors loan |
|
|
|
|
2,505 |
|
8,009 |
|
Other debtors |
445 |
|
168 |
|
|
|
|
|
|
6,427 |
|
8,177 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans and overdrafts |
1,989 |
|
1,804 |
|
Corporation tax |
1,124 |
|
6,540 |
|
Other creditors |
45 |
|
153 |
|
|
|
|
|
|
3,158 |
|
8,497 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Other information |
|
|
Obvious Things Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
156 Russell Drive |
|
Wollaton |
|
Nottingham |
|
Nottinghamshire |
|
NG8 2BE |