Company registration number 01459761 (England and Wales)
OSWESTRY INDUSTRIAL BUILDINGS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
PAGES FOR FILING WITH REGISTRAR
OSWESTRY INDUSTRIAL BUILDINGS LIMITED
BALANCE SHEET
AS AT
30 JUNE 2024
30 June 2024
- 1 -
2024
2023
£
£
£
£
Fixed assets
477,087
477,213
Current assets
405,894
446,303
Creditors: amounts falling due within one year
(184,843)
(237,701)
Net current assets
221,051
208,602
Total assets less current liabilities
698,138
685,815
Net assets
698,138
685,815
Capital and reserves
698,138
685,815
Notes to the financial statements
1
Advances, credit and guarantees of former directors

At the year end an amount of £181,273 (202 3 £212,574) was owed to the company by a former director.

During the year an amount of £29,324 was written off by majority agreement of the shareholders. Additionally a net repayment of £1,977 was made during the year.

Interest was charged on the balance during the year at the official rate of 2.25%.

2
Employees

The average number of persons, including directors, employed by the company during the year wa s as follows:

2024
2023
Number
Number
Employees
0
0
3
True and fair override

The financial statements have been prepared to give a 'true and fair view' and have departed from the

requirements of FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' only to

the extent required to provide this 'true and fair view'. This departure is the non-depreciation of the company's

investment properties, on the basis that the very long expected useful life and high residual value of those

properties negates the relevance of depreciation and to include such a charge would be to distort the 'true and

fair view' presented.

Oswestry Industrial Buildings Limited is a private company limited by shares incorporated in England and Wales. The registered office is St Davids Court, Union Street, Wolverhampton, West Midlands, United Kingdom, WV1 3JE.

For the year ended 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

OSWESTRY INDUSTRIAL BUILDINGS LIMITED
BALANCE SHEET (CONTINUED)
AS AT
30 JUNE 2024
30 June 2024
- 2 -

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime', and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 31 March 2026 and are signed on its behalf by:
Mr I Arnold
Director
Company registration number 01459761 (England and Wales)
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