REGISTERED NUMBER: 11803987 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Osborn Homes (East Anglia) Limited

Page

Abridged Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

38,506

74,660

CURRENT ASSETS

Stocks

2,280,795

2,421,154

Debtors

7,903

13,834

Cash at bank

334,686

54,157

2,623,384

2,489,145

CREDITORS

Amounts falling due within one year

1,723,224

1,712,983

NET CURRENT ASSETS

900,160

776,162

TOTAL ASSETS LESS CURRENT LIABILITIES

938,666

850,822

PROVISIONS FOR LIABILITIES

9,626

18,665

NET ASSETS

929,040

832,157

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

928,940

832,057

929,040

832,157

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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 8 December 2025 and were signed on its behalf by:

Mr A Osborn - Director

Mrs E Osborn - Director

1.	STATUTORY INFORMATION

Osborn Homes (East Anglia) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

11803987

Registered office:

Highinfield House

Audley End

Burston

Diss

Norfolk

IP22 5TX

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.

Plant and machinery

-

15% on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

20% on cost

Computer equipment

-

20% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

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 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.

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 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

111,285

Additions

13,486

Disposals

(42,043

)

At 31 March 2025

82,728

DEPRECIATION

At 1 April 2024

36,625

Charge for year

21,609

Eliminated on disposal

(14,012

)

At 31 March 2025

44,222

NET BOOK VALUE

At 31 March 2025

38,506

At 31 March 2024

74,660