Osborne & Sons (Insurance Consultants) - Accounts to registrar (filleted)

REGISTERED NUMBER: 00748539 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2025

for

Osborne & Sons (Insurance Consultants)

Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D W T Button

B D James

SECRETARY:

REGISTERED OFFICE:

2 Rosehill

Sutton

Surrey

SM1 3EU

REGISTERED NUMBER:

00748539 (England and Wales)

ACCOUNTANTS:

Maddox & Maddox Limited

9 Commercial Yard

Barnard Castle

Co. Durham

DL12 8FE

FIXED ASSETS

Intangible assets

4

82,118

102,647

Tangible assets

5

550,513

551,179

632,631

653,826

CURRENT ASSETS

Debtors

6

252,945

332,372

Cash at bank

276,780

317,273

529,725

649,645

CREDITORS

Amounts falling due within one year

7

406,892

500,945

NET CURRENT ASSETS

122,833

148,700

TOTAL ASSETS LESS CURRENT
LIABILITIES

755,464

802,526

CREDITORS

Amounts falling due after more than
one year

8

94,720

115,881

NET ASSETS

660,744

686,645

CAPITAL AND RESERVES

Called up share capital

140,000

Revaluation reserve

9

520,694

Retained earnings

50

25,951

660,744

686,645

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 3 June 2026 and were signed on its behalf by:

D W T Button - Director

1.	STATUTORY INFORMATION

Osborne & Sons (Insurance Consultants) 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 as modified by the revaluation of certain assets.

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 2020, 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 etc

-

25% on cost

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 10 (2024 - 10 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 October 2024

and 30 September 2025

205,294

AMORTISATION

At 1 October 2024

102,647

Charge for year

20,529

At 30 September 2025

123,176

NET BOOK VALUE

At 30 September 2025

82,118

At 30 September 2024

102,647

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST OR VALUATION

At 1 October 2024

550,000

288,347

838,347

Additions

-

179

At 30 September 2025

550,000

288,526

838,526

DEPRECIATION

At 1 October 2024

-

287,168

Charge for year

-

845

At 30 September 2025

-

288,013

NET BOOK VALUE

At 30 September 2025

550,000

513

550,513

At 30 September 2024

550,000

1,179

551,179

Cost or valuation at 30 September 2025 is represented by:

Plant and

Land and

machinery

buildings

etc

Totals

£

Valuation in 1990

208,072

-

208,072

Valuation in 2003

7,500

-

7,500

Valuation in 2004

82,500

-

82,500

Valuation in 2007

630

-

630

Valuation in 2008

(3,008

)

-

(3,008

)

Valuation in 2014

225,000

-

225,000

Valuation in 2020

200,000

-

200,000

Valuation in 2021

(150,000

)

-

(150,000

)

Valuation in 2022

(50,000

)

-

(50,000

)

Cost

29,306

288,526

317,832

550,000

288,526

838,526

6.

DEBTORS

30.9.25

30.9.24

£

Amounts falling due within one year:

Trade debtors

153,293

177,092

Other debtors

39,287

12,973

192,580

190,065

Amounts falling due after more than one year:

Amounts owed by group undertakings

60,365

142,307

Aggregate amounts

252,945

332,372

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

Bank loans and overdrafts

19,684

Trade creditors

311,496

334,115

Taxation and social security

35,973

128,833

Other creditors

39,739

18,313

406,892

500,945

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR

30.9.25

30.9.24

£

Bank loans

94,720

115,881

9.

RESERVES

Revaluation

reserve

£

At 1 October 2024

and 30 September 2025

520,694

10.	ULTIMATE CONTROLLING PARTY

The controlling party is Indoor Vapour Limited..

The ultimate controlling party is Mr DW Button and Mr BD James..