REGISTERED NUMBER: 15873871 (England and Wales)

Osborn Construction Limited

Unaudited Financial Statements

for the Period 3 August 2024 to 31 August 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr R L Osborn

SECRETARY:

Mrs S C Osborn

REGISTERED OFFICE:

Atlantic House

8 Bell Lane

Uckfield

East Sussex

TN22 1QL

REGISTERED NUMBER:

15873871 (England and Wales)

ACCOUNTANTS:

Swindells LLP

Chartered Accountants

Atlantic House

8 Bell Lane

Bellbrook Industrial Estate

Uckfield

East Sussex

TN22 1QL

FIXED ASSETS

Intangible assets

4

5,400

Tangible assets

5

11,895

17,295

CURRENT ASSETS

Stocks

1,120

Debtors

6

24,130

Cash at bank

10,032

35,282

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

7

25,064

NET CURRENT ASSETS

10,218

TOTAL ASSETS LESS CURRENT LIABILITIES

27,513

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

8

(8,377

)

PROVISIONS FOR LIABILITIES

(2,974

)

NET ASSETS

16,162

CAPITAL AND RESERVES

Called up share capital

10

100

Retained earnings

16,062

SHAREHOLDERS' FUNDS

16,162

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 1 May 2026 and were signed by:

Mr R L Osborn - Director

1.	STATUTORY INFORMATION

Osborn Construction 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.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2024, is being amortised evenly over its estimated useful life of ten years.

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.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Taxation

Taxation for the period 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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

Additions

6,000

At 31 August 2025

6,000

AMORTISATION

Charge for period

600

At 31 August 2025

600

NET BOOK VALUE

At 31 August 2025

5,400

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

Additions

961

14,900

15,861

At 31 August 2025

961

14,900

15,861

DEPRECIATION

Charge for period

241

3,725

3,966

At 31 August 2025

241

3,725

3,966

NET BOOK VALUE

At 31 August 2025

720

11,175

11,895

Fixed assets includes assets under hire purchase agreements with a net book value of £11,175. Depreciation for the period on those assets was £3,725.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

7,816

Other debtors

16,314

24,130

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Hire purchase contracts

2,665

Trade creditors

6,458

Taxation and social security

13,587

Other creditors

2,354

25,064

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Hire purchase contracts

8,377

9.	SECURED DEBTS

The following secured debts are included within creditors:

£

Hire purchase contracts

11,042

Borrowings under hire purchase agreements are secured upon the assets concerned.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

80

Ordinary A

£1

80

20

Ordinary B

£1

20

100

Eighty Ordinary A shares of £1 each and twenty Ordinary B shares of £1 each were issued on incorporation.

11.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the period the company made advances to the director totalling £37,441 and received repayments totalling £36,137. Interest was charged on the outstanding balance of £45. At the balance sheet date, the director owed the company £1,349. This loan is unsecured and repayable on demand.

12.	RELATED PARTY DISCLOSURES

During the period, total dividends of £12,000 were paid to the director .