Owen Froebel Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 13971855 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Owen Froebel Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Ms L R Turner

Mr L Moore

Mr P Wilkinson

REGISTERED OFFICE:

Suite 4, Bloxam Court

Corporation Street

Rugby

Warwickshire

CV21 2DU

REGISTERED NUMBER:

13971855 (England and Wales)

ACCOUNTANTS:

Wilson Partners Limited

Chartered Accountants

TOR

Saint-Cloud Way

Maidenhead

Berkshire

SL6 8BN

FIXED ASSETS

Intangible assets

4

13,685

17,106

Tangible assets

5

1,611

-

15,296

17,106

CURRENT ASSETS

Debtors

6

18,068

12,242

Cash at bank

623

18

18,691

12,260

CREDITORS

Amounts falling due within one year

7

(652,306

)

(464,078

)

NET CURRENT LIABILITIES

(633,615

)

(451,818

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(618,319

)

(434,712

)

PROVISIONS FOR LIABILITIES

(403

)

-

NET LIABILITIES

(618,722

)

(434,712

)

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

(618,822

)

(434,812

)

(618,722

)

(434,712

)

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 19 December 2025 and were signed on its behalf by:

Mr L Moore - Director

1.	STATUTORY INFORMATION

Owen Froebel 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.

The accounts are prepared on a going concern basis. The directors consider that the company has sufficient financing available to it to meet its obligations as they fall due for the foreseeable future, that is for at least 12 months from the balance sheet date.

Significant judgements and estimates

In the application of the company's accounting policies the directors are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

The company does not make significant estimates and assumptions concerning the future.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets

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

Financial instruments

Basic financial instruments are recognised at amortised cost using the effective interest method, except for investments in non-convertible preference and non-puttable preference and ordinary shares, which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value, with changes recognised in profit and loss.

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.

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 2 (2024 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 April 2024

and 31 March 2025

17,106

AMORTISATION

Charge for year

3,421

At 31 March 2025

3,421

NET BOOK VALUE

At 31 March 2025

13,685

At 31 March 2024

17,106

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

1,757

At 31 March 2025

1,757

DEPRECIATION

Charge for year

146

At 31 March 2025

146

NET BOOK VALUE

At 31 March 2025

1,611

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Other debtors

18,068

12,242

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade creditors

12,520

10,173

Amounts owed to group undertakings

429,470

346,180

Taxation and social security

4,024

-

Other creditors

206,292

107,725

652,306

464,078

8.	RELATED PARTY DISCLOSURES

At the balance sheet date the company owed money to companies under common control. The balances are unsecured, interest free and repayable on demand. At 31 March 2024, the balances owed to companies under common control were as follows:

Amount owed

to the

company

Elite Shared Services Ltd

102,590

Medical Elite Recruitment and Practice Sales Ltd

346,180

Once Upon A Time Children's Day Nursery Ltd

3,831

452,601

9.	ULTIMATE CONTROLLING PARTY

There is no single ultimate controlling party.