REGISTERED NUMBER: 10352361 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2025

for

Obsequio Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

W J Evans

Dr G J Evans

REGISTERED OFFICE:

Riverside House

Upper Wharf

Fareham

Hampshire

PO16 0LY

REGISTERED NUMBER:

10352361 (England and Wales)

ACCOUNTANTS:

Ency Associates

Chartered Certified Accountants

Printware Court

Cumberland Business Centre

Northumberland Road

Portsmouth

Hampshire

PO5 1DS

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

1,055,880

1,077,722

1,055,880

1,077,722

CURRENT ASSETS

Stocks

5,669

10,975

Debtors

6

11,172

13,449

Cash at bank

47,936

36,136

64,777

60,560

CREDITORS

Amounts falling due within one year

7

557,595

543,478

NET CURRENT LIABILITIES

(492,818

)

(482,918

)

TOTAL ASSETS LESS CURRENT LIABILITIES

563,062

594,804

CREDITORS

Amounts falling due after more than one year

8

(500,252

)

(552,513

)

PROVISIONS FOR LIABILITIES

(184

)

-

NET ASSETS

62,626

42,291

CAPITAL AND RESERVES

Called up share capital

3,000

3,000

Retained earnings

59,626

39,291

62,626

42,291

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

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

The directors acknowledge their 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 Board of Directors and authorised for issue on 28 May 2026 and were signed on its behalf by:

Dr G J Evans - Director

1.	STATUTORY INFORMATION

Obsequio 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.

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 2017, is being amortised evenly over its estimated useful life of five 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.

Freehold property

-

2% on cost

Plant & machinery

-

25% on cost

Motor vehicles

-

20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year 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 year 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 September 2024

and 31 August 2025

20,000

AMORTISATION

At 1 September 2024

and 31 August 2025

20,000

NET BOOK VALUE

At 31 August 2025

-

At 31 August 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 September 2024

1,083,993

66,576

1,150,569

Additions

-

403

403

At 31 August 2025

1,083,993

66,979

1,150,972

DEPRECIATION

At 1 September 2024

7,402

65,445

72,847

Charge for year

21,680

565

22,245

At 31 August 2025

29,082

66,010

95,092

NET BOOK VALUE

At 31 August 2025

1,054,911

969

1,055,880

At 31 August 2024

1,076,591

1,131

1,077,722

6.

DEBTORS

31.8.25

31.8.24

£

£

Amounts falling due within one year:

Trade debtors

4,102

7,957

Other debtors

4,070

2,492

8,172

10,449

Amounts falling due after more than one year:

Other debtors

3,000

3,000

Aggregate amounts

11,172

13,449

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans and overdrafts

33,041

18,496

Trade creditors

2,064

10,382

Taxation and social security

23,190

11,467

Other creditors

499,300

503,133

557,595

543,478

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans

500,252

552,513

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

356,089

428,613

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.8.25

31.8.24

£

£

Bank loans

533,293

571,009

The bank borrowings are secured by a fixed and floating charge over all property of the company.