OBL Group Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—7

Registered number: 11042743

		2025		2024 as restated
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		2,915		16,338

			2,915		16,338
CURRENT ASSETS
Stocks	6	42,260		33,213
Debtors	7	169,673		214,626
Investments	8	96,517		170,231
Cash at bank and in hand		157,648		157,111

		466,098		575,181
Creditors: Amounts Falling Due Within One Year	9	(214,720 )		(297,086 )

NET CURRENT ASSETS (LIABILITIES)			251,378		278,095

TOTAL ASSETS LESS CURRENT LIABILITIES			254,293		294,433

PROVISIONS FOR LIABILITIES
Deferred Taxation			(729 )		(3,104 )

NET ASSETS			253,564		291,329

CAPITAL AND RESERVES
Called up share capital	10		10		10
Revaluation reserve	12		(22,367 )		61,347
Profit and Loss Account			275,921		229,972

SHAREHOLDERS' FUNDS			253,564		291,329

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OBL Group Limited

Balance Sheet (continued)

As At 30 November 2025

For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

J Harrison

Director

3rd August 2026

The notes on pages 3 to 7 form part of these financial statements.

1. General Information

OBL Group Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11042743 . The registered office is Unit 6 Granary Court, Alton Road, South Warnborough, Hook, RG29 1RP .

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	33.33% SLM
Fixtures & Fittings	25% SLM
Computer Equipment	33.33% SLM

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

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OBL Group Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 11 (2024: 15)

4. Prior Period Adjustment

Management identified an error relating to a posting within the accounting records for the year ended 30th November 2024. A correcting adjustment of £85,369 was made, resulting in an increase in profit for that year by the same amount.

The adjustment represents approximately 5.3% of turnover and has therefore been assessed as material. Accordingly, the comparative figures have been restated, as there has been a change to the previously reported profit before tax, net assets or shareholders' funds and the tax return has been revised to reflect the correction and to ensure all relevant taxes are reported and paid.

The impact of the adjustment on the financial statements is summarised below:

Advertising decrease £85,369

Profit for the year increase £85,369

Management has reviewed the nature of the error and concluded that it arose from an isolated error.

Appropriate corrective action has been taken to prevent a recurrence.

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OBL Group Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

5. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 December 2024	35,981	5,193	13,193	54,367
Additions	141	374	-	515

As at 30 November 2025	36,122	5,567	13,193	54,882

Depreciation
As at 1 December 2024	24,054	3,732	10,243	38,029
Provided during the period	10,178	1,212	2,548	13,938

As at 30 November 2025	34,232	4,944	12,791	51,967

Net Book Value
As at 30 November 2025	1,890	623	402	2,915

As at 1 December 2024	11,927	1,461	2,950	16,338

6. Stocks

	2025	2024 as restated
	£	£
Stock	42,260	33,213

7. Debtors

	2025	2024 as restated
	£	£
Due within one year
Trade debtors	37,315	29,825
Other debtors	132,358	156,419

	169,673	186,244
Due after more than one year
Other debtors	-	28,382

	169,673	214,626

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OBL Group Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

8. Current Asset Investments

	2025	2024 as restated
	£	£
Unlisted investments	96,517	170,231

9. Creditors: Amounts Falling Due Within One Year

	2025	2024 as restated
	£	£
Trade creditors	12,072	66,446
Other creditors	22,518	21,986
Taxation and social security	180,130	208,654

	214,720	297,086

10. Share Capital

	2025	2024 as restated
	£	£
Allotted, Called up and fully paid	10	10

11. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 December 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 30 November 2025
	£	£	£	£	£
Mr James Harrison	137,421	-	54,296	-	83,125

The above loan is unsecured, interest free and repayable on demand.

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OBL Group Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

12. Reserves

	Revaluation reserve	Profit and Loss Account
	£	£
As at 1 December 2024	61,347	229,972
Profit for year	-	94,449

Deficit on revaluation	(83,714)	-

Other comprehensive income for the year	(83,714 )	-

Total comprehensive income for the year	(83,714)	94,449

Dividends paid	-	(48,500)

As at 30 November 2025	(22,367 )	275,921

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