IRIS Accounts Production v25.2.0.378 14640266 Board of Directors 29.2.24 28.2.25 28.2.25 false true false false true false Fair value model iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 14640266 2024-02-28 14640266 2025-02-28 14640266 2024-02-29 2025-02-28 14640266 2023-02-05 14640266 2023-02-06 2024-02-28 14640266 2024-02-28 14640266 ns15:EnglandWales 2024-02-29 2025-02-28 14640266 ns14:PoundSterling 2024-02-29 2025-02-28 14640266 ns10:Director1 2024-02-29 2025-02-28 14640266 ns10:PrivateLimitedCompanyLtd 2024-02-29 2025-02-28 14640266 ns10:SmallEntities 2024-02-29 2025-02-28 14640266 ns10:AuditExempt-NoAccountantsReport 2024-02-29 2025-02-28 14640266 ns10:SmallCompaniesRegimeForDirectorsReport 2024-02-29 2025-02-28 14640266 ns10:SmallCompaniesRegimeForAccounts 2024-02-29 2025-02-28 14640266 ns10:FullAccounts 2024-02-29 2025-02-28 14640266 ns10:Director2 2024-02-29 2025-02-28 14640266 ns10:RegisteredOffice 2024-02-29 2025-02-28 14640266 ns5:CurrentFinancialInstruments 2025-02-28 14640266 ns5:CurrentFinancialInstruments 2024-02-28 14640266 ns5:ShareCapital 2025-02-28 14640266 ns5:ShareCapital 2024-02-28 14640266 ns5:RetainedEarningsAccumulatedLosses 2025-02-28 14640266 ns5:RetainedEarningsAccumulatedLosses 2024-02-28 14640266 ns5:PlantMachinery 2024-02-29 2025-02-28 14640266 ns5:PlantMachinery 2025-02-28 14640266 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-02-28 14640266 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-02-28

REGISTERED NUMBER: 14640266 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

OBW HOLDINGS LIMITED

OBW HOLDINGS LIMITED (REGISTERED NUMBER: 14640266)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

| Page |

Company Information | 1 |

Balance Sheet | 2 |  | to |  | 3

Notes to the Financial Statements | 4 |  | to |  | 6

OBW HOLDINGS LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 28 FEBRUARY 2025

| DIRECTORS: | N O'Brien

| A L Worf

| REGISTERED OFFICE: | C/O DPC

| Stone House

| Stone Road Business Park

| Stoke-On-Trent

| Staffordshire

| ST4 6SR

| REGISTERED NUMBER: | 14640266 (England and Wales)

| ACCOUNTANTS: | DPC Accountants Ltd

| Stone House

| Stone Road Business Park

| Stoke-On-Trent

| ST4 6SR

OBW HOLDINGS LIMITED (REGISTERED NUMBER: 14640266)

BALANCE SHEET

28 FEBRUARY 2025

| 28.2.25 |  | 28.2.24

| Notes | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 270 |  | - |  |

Investment property | 5 | 251,350 |  | 236,251 |  |

251,620 |  | 236,251 |  |

CURRENT ASSETS

Debtors | 6 | 1,695 |  | 1,880 |  |

Cash at bank | 265 |  | 203 |  |

1,960 |  | 2,083 |  |

CREDITORS

Amounts falling due within one year | 7 | (289,785 | ) | (250,551 | ) |

NET CURRENT LIABILITIES | (287,825 | ) | (248,468 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (36,205 | ) | (12,217 | ) |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | (36,305 | ) | (12,317 | ) |

(36,205 | ) | (12,217 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

OBW HOLDINGS LIMITED (REGISTERED NUMBER: 14640266)

BALANCE SHEET - continued

28 FEBRUARY 2025

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 19 November 2025 and were signed on its behalf by:

A L Worf - Director

OBW HOLDINGS LIMITED (REGISTERED NUMBER: 14640266)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

1. | STATUTORY INFORMATION

| OBW HOLDINGS 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.

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.

| SIGNIFICANT JUDGEMENTS AND ESTIMATES

| The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reports. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

| (a) Critical accounting estimates and assumptions

| The company makes estimates and assumptions concerning the future. The resulting accounting estimates will, by definition, seldom equal the related actual results. The estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are addressed below.

| (i) Useful economic lives of tangible assets

| The annual depreciation charge for tangible assets is sensitive to changes in the estimated useful economic lives and residual values of the assets. The useful economic lives and residual values are re-assessed annually. They are amended when necessary to reflect current estimates, based on technological advancement, future investments, economic utilisation and physical condition of the assets. See tangible assets note for the carrying amount of the assets and the accounting policy for the useful economic lives for each class of assets.

| (ii) Impairment of debtors

| The company makes an estimate of the recoverable value of trade and other debtors. When assessing impairment of trade and other debtors, management considers factors including the current credit rating of the debtor, the ageing profile of debtors and historical experience. See debtors note for the net carrying amount of the debtors.

| Valuation of investment property

| As described in the notes to the financial statements, the investment properties are stated in the balance sheet at fair value, based on the valuation performed by the director. The director is of the opinion that the year-end valuation is not materially different to current market prices observed.

| Investment properties have been recognised at fair value by the director and they are of the opinion that there has been no material change since 28 February 2025.

| TANGIBLE FIXED ASSETS

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

OBW HOLDINGS LIMITED (REGISTERED NUMBER: 14640266)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 28 FEBRUARY 2025

2. | ACCOUNTING POLICIES - continued

| INVESTMENT PROPERTY

| Investment properly is initially recorded at cost, which includes purchase price and any directly attributable expenditure.

| Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

| If a reliable measure of fair value is no longer available without undue cost or effort for an item of investment property, it shall be transferred to tangible assets and treated as such until it is expected that fair value will be reliably measurable on an on-going basis.

| 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.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 2 (2024 - 2 ) .

4. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| Additions | 337 |  |

| At 28 February 2025 | 337 |  |

| DEPRECIATION

| Charge for year | 67 |  |

| At 28 February 2025 | 67 |  |

| NET BOOK VALUE

| At 28 February 2025 | 270 |  |

OBW HOLDINGS LIMITED (REGISTERED NUMBER: 14640266)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 28 FEBRUARY 2025

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 29 February 2024 | 236,251 |  |

| Additions | 15,099 |  |

| At 28 February 2025 | 251,350 |  |

| NET BOOK VALUE

| At 28 February 2025 | 251,350 |  |

| At 28 February 2024 | 236,251 |  |

| The directors consider the investment properties to be stated at fair value as at 28 February 2025.

| In respect of tangible assets held at valuation, the aggregate cost, depreciation and carrying amount that would have been recognised if the assets had been carried under the historical cost model are: Aggregate cost £251,350 (2024: £236,251), Aggregate depreciation £nil (2024: £nil) and carrying value £251,350 (2024: £236,251).

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 28.2.25 |  | 28.2.24

£ | £ |

| Other debtors | 1,695 |  | 1,880 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 28.2.25 |  | 28.2.24

£ | £ |

| Other creditors | 289,785 |  | 250,551 |  |