Obidosh Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 02786440

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		363,559		376,560

			363,559		376,560
CURRENT ASSETS
Stocks	6	94,033		85,250
Debtors	7	14,888		25,213
Cash at bank and in hand		11,313		3,440

		120,234		113,903
Creditors: Amounts Falling Due Within One Year	8	(75,468 )		(64,739 )

NET CURRENT ASSETS (LIABILITIES)			44,766		49,164

TOTAL ASSETS LESS CURRENT LIABILITIES			408,325		425,724

Creditors: Amounts Falling Due After More Than One Year	9		(1,745 )		(12,224 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(7,719 )		(10,969 )

NET ASSETS			398,861		402,531

CAPITAL AND RESERVES
Called up share capital	10		10,000		10,000
Revaluation reserve	12		298,021		303,094
Profit and Loss Account			90,840		89,437

SHAREHOLDERS' FUNDS			398,861		402,531

Page 1

Page 2

Obidosh Limited

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Graham Pegler

Director

31 October 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Obidosh Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02786440 . The registered office is 96-98 High Street, Hythe, Kent, CT21 5LE.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	4% on cost
Motor Vehicles	10% on cost
Fixtures & Fittings	15% reducing balance

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

Page 3

Page 4

Obidosh Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.6. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 6 (2024: 6)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 April 2024	10,000

As at 31 March 2025	10,000

Amortisation
As at 1 April 2024	10,000

As at 31 March 2025	10,000

Net Book Value
As at 31 March 2025	-

As at 1 April 2024	-

5. Tangible Assets

	Land & Property
	Freehold	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 April 2024	400,000	15,730	40,673	456,403

As at 31 March 2025	400,000	15,730	40,673	456,403

Depreciation
As at 1 April 2024	42,668	1,573	35,602	79,843
Provided during the period	10,667	1,573	761	13,001

As at 31 March 2025	53,335	3,146	36,363	92,844

Net Book Value
As at 31 March 2025	346,665	12,584	4,310	363,559

As at 1 April 2024	357,332	14,157	5,071	376,560

6. Stocks

	2025	2024
	£	£
Stock	94,033	85,250

Page 4

Page 5

Obidosh Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	2,580	2,580
Other debtors	11,945	22,270

	14,525	24,850
Due after more than one year
Other debtors	363	363

	14,888	25,213

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	40,161	31,050
Bank loans and overdrafts	10,479	10,194
Other creditors	12,539	19,052
Taxation and social security	12,289	4,443

	75,468	64,739

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	1,745	12,224

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	10,000	10,000

11. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 April 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 March 2025
	£	£	£	£	£
Mr Graham Pegler	36,876	43,537	-	-	6,661

The above loan is unsecured, interest free and repayable on demand.

12. Reserves

	Revaluation Reserve
	£
As at 1 April 2024	303,094
Transfer to profit and loss	(5,073 )

As at 31 March 2025	298,021

Page 5