09828579falsesupply of serviced offices and related goods and services2024-08-012025-07-31http://www.companieshouse.gov.uk/2024-07-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-07-31http://www.companieshouse.gov.uk/cd:Director12024-08-012025-07-31http://www.companieshouse.gov.uk/pt:ShareCapital2025-07-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2024-07-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-07-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2025-07-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-08-012025-07-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2025-07-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-08-012025-07-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-08-012025-07-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-07-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-07-31http://www.companieshouse.gov.uk/2024-08-012025-07-31http://www.companieshouse.gov.uk/2024-07-31http://www.companieshouse.gov.uk/cd:FRS1022024-08-012025-07-31http://www.companieshouse.gov.uk/2025-07-31http://www.companieshouse.gov.uk/cd:FullAccounts2024-08-012025-07-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-08-012025-07-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 09828579
OFFICE 28 LTD
ACCOUNTS
FOR THE YEAR ENDED 31/07/2025
Prepared By:
JAN G GROMADZKI
CHARTERED ACCOUNTANT
13 WOLVERHAMPTON ROAD
CODSALL
WOLVERHAMPTON
WEST MIDLANDS
WV8 1PT
OFFICE 28 LTD
ACCOUNTS
FOR THE YEAR ENDED 31/07/2025
DIRECTORS
LAWRIE ELWELL
REGISTERED OFFICE
50 SEDGLEY ROAD
PENN COMMON
WOLVERHAMPTON
WEST MIDLANDS
WV4 5LE
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 09828579
BANKERS
LLOYDS BANK plc
ACCOUNTANTS
JAN G GROMADZKI
CHARTERED ACCOUNTANT
13 WOLVERHAMPTON ROAD
CODSALL
WOLVERHAMPTON
WEST MIDLANDS
WV8 1PT
OFFICE 28 LTD
ACCOUNTS
FOR THEYEARENDED31/07/2025
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
OFFICE 28 LTD
BALANCE SHEET AT 31/07/2025
20252024
Notes££
FIXED ASSETS
Tangible assets297,721110,365
CURRENT ASSETS
Stock4,9204,840
Debtors481,19386,129
Cash at bank and in hand76,63043,238
162,743134,207
CREDITORS: Amounts falling due within one year578,76472,368
NET CURRENT ASSETS83,97961,839
TOTAL ASSETS LESS CURRENT LIABILITIES181,700172,204
PROVISIONS FOR LIABILITIES AND CHARGES711,80811,313
NET ASSETS169,892160,891
CAPITAL AND RESERVES
Called up share capital8100100
Profit and loss account169,792160,791
SHAREHOLDERS' FUNDS169,892160,891
For the year ending 31/07/2025 the company was entitled to exemption 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 directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 24/04/2026 and signed on their behalf by
.............................
LAWRIE ELWELL
Director
OFFICE 28 LTD
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/07/2025
1. ACCOUNTING POLICIES
1g. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual values, over their expected useful lives.
At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is an indication that any items have suffered impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any.
Fixtures And Fittingsstraight line10%
Equipmentstraight line10%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1e. Basis Of Accounting FRS 1021 a
The accounts, which are stated in United Kingdom Pounds Sterling, have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1f. Turnover
Turnover represents the invoiced value for the provision of serviced offices and secretarial and administration services, net of value added tax and trade discounts, derived from ordinary activities.
1g. Basis Of Accounting
The accounts which are stated in United Kingdom Pounds Sterling, have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
OFFICE 28 LTD
2. TANGIBLE FIXED ASSETS
Fixtures
and FittingsEquipmentTotal
£££
Cost
At 01/08/2024171,14265,746236,888
Additions10,1471,93912,086
Disposals(400)(1,400)(1,800)
At 31/07/2025180,88966,285247,174
Depreciation
At 01/08/202497,90328,620126,523
Disposals(400)(1,400)(1,800)
For the year18,1006,63024,730
At 31/07/2025115,60333,850149,453
Net Book Amounts
At 31/07/202565,28632,43597,721
At 31/07/202473,23937,126110,365
3. STOCK 20252024
££
Stock comprises:
Stock4,9204,840
4,9204,840
4. DEBTORS 20252024
££
Amounts falling due within one year
Trade debtors27,26825,708
Other debtors8,6756,175
Elwood Recruitment Services Limited42,90652,906
Prepayments2,3441,340
81,19386,129
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20252024
££
UK corporation tax10,73113,788
VAT8,0648,110
PAYE control1,2921,640
Salaries and wages control1515
Directors current account20,75914,759
Trade creditors14,19612,804
Other creditors17,43215,967
Accruals6,2755,285
78,76472,368
OFFICE 28 LTD
6. EMPLOYEES
20252024
No.No.
Average number of employees22
Key management personnel is restricted to that of the director.
7. PROVISIONS FOR LIABILITIES 20252024
££
Deferred taxation11,80811,313
11,80811,313
8. SHARE CAPITAL 20252024
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100
9. OTHER FINANCIAL COMMITMENTS
At 31/07/2025 the company was committed to making the following payments under non-cancellable operating leases:
20252024
££
Operating Leases which expire:
Within one year10,1612,715
Within two to five years57,76431,051
10. CONTROLLING PARTY
The company is wholly owned by the director Mr L Elwell.
11. RELATED PARTY TRANSACTIONS
The director, Mr L Elwell, received a dividend of £ 24,000 in the year ended 31 July 2025 (2024 -£ 24,000).
12. GENERAL INFORMATION
Office 28 Ltd is a private company limited by shares and incorporated in England. Its registered office is 50 Sedgley Road, Penn Common, Wolverhampton, West Midlands, WV4 5LE.
The financial statements are presented in United Kingdom Pounds Sterling, which is the functional currency of the compsany.
OFFICE 28 LTD
13. NATURE OF OPERATIONS AND PRINCIPAL ACTIVITY
The company operates as a provider of serviced offices and secretarial and administrative services, all of which is carried out within the United Kingdom.