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Company Registration No. 11728230 (England and Wales)
Osbourne Upholstery Limited Unaudited accounts for the year ended 31 December 2025
Osbourne Upholstery Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Osbourne Upholstery Limited Company Information for the year ended 31 December 2025
Director
Susan Jane Tusder
Company Number
11728230 (England and Wales)
Registered Office
2 PAUL GARDENS CROYDON SURREY CR0 5QL UNITED KINGDOM
Accountants
Milton & Co (UK) Ltd International Accountants 2 Paul Gardens Croydon Surrey CR0 5QL
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Osbourne Upholstery Limited Statement of financial position as at 31 December 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
4,646
6,217
Current assets
Inventories
5,000
3,000
Cash at bank and in hand
79
134
5,079
3,134
Creditors: amounts falling due within one year
5
(161,986)
(140,369)
Net current liabilities
(156,907)
(137,235)
Total assets less current liabilities
(152,261)
(131,018)
Creditors: amounts falling due after more than one year
6
(1,179)
(5,069)
Net liabilities
(153,440)
(136,087)
Capital and reserves
Called up share capital
7
2
2
Profit and loss account
(153,442)
(136,089)
Shareholders' funds
(153,440)
(136,087)
For the year ending 31 December 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 director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 21 January 2026 and were signed on its behalf by
Susan Jane Tusder Director Company Registration No. 11728230
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Osbourne Upholstery Limited Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
Osbourne Upholstery Limited is a private company, limited by shares, registered in England and Wales, registration number 11728230. The registered office is 2 PAUL GARDENS, CROYDON, SURREY, CR0 5QL, UNITED KINGDOM. The principal place of business is 81 Southern Row, London, W10 5AL, UK.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance basis
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Principal Activity
The principal activity of the Company is that of Upholstering Furniture.
Dividends
The Director does not recommend the payment of any Dividend.
Going concern
The accounts have been drawn up on the going concern basis following the Director’s assessment of the company’s ability to trade for at least 12 months from the date these accounts have been approved. In conclusion, whilst there is some uncertainty, the Director does not believe there is a material uncertainty which casts significant doubt on the company’s ability to continue to trade.
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Osbourne Upholstery Limited Notes to the Accounts for the year ended 31 December 2025
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 January 2025
29,200
At 31 December 2025
29,200
Depreciation
At 1 January 2025
22,983
Charge for the year
1,571
At 31 December 2025
24,554
Net book value
At 31 December 2025
4,646
At 31 December 2024
6,217
5
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
13,064
1,800
Loans from directors
141,682
134,429
Accruals
7,240
4,140
161,986
140,369
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
1,179
5,069
7
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
2 Ordinary shares - Susan Jane Tusder of £1 each
2
2
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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