OBSO HOLDINGS LTD


Director	SPENCE, Leroy


Registered Address	Stafford Enterprise And Education Park
	Weston Road
	Stafford
	ST18 0BF


Registered Number	14666022 (England and Wales)

Balance Sheet as at
31 December 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	3		42,660		-
			42,660		-
Current assets
Debtors	4	1,475		3,928
Cash at bank and on hand		100		-
		1,575		3,928
Creditors amounts falling due within one year	5	(127,268)		(36,989)
Net current assets (liabilities)			(125,693)		(33,061)
Total assets less current liabilities			(83,033)		(33,061)
Net assets			(83,033)		(33,061)
Capital and reserves
Called up share capital			200		200
Profit and loss account			(83,233)		(33,261)
Shareholders' funds			(83,033)		(33,061)

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 11 September 2026, and are signed on its behalf by:

SPENCE, Leroy
Director
Registered Company No. 14666022

OBSO HOLDINGS LTD

Notes to the Financial Statements
for the year ended 31 December 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Revenue from rendering of services
	Revenue 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.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Intangible assets
	Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.

	Goodwill
	Goodwill arising on an acquisition of a business is carried at cost less accumulated impairment losses, if any. Goodwill is amortised over its expected useful life which is estimated to be ten years. Goodwill is assessed for impairment when there are indicators of impairment and any impairment is charged to the income statement. No reversals of impairment are recognised.

	Trade and other debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Trade and other debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Trade and other creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Share capital
	Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.

	Related parties
	For the purposes of these financial statements, a related party could be a person or an entity. Careful consideration is given to the definition of a related party to ensure that all related party relationships, transactions and balances are identified.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	2		2

3.	Intangible assets

	Goodwill	Total
	£	£
Cost or valuation
Additions	47,400	47,400
At 31 December 25	47,400	47,400
Amortisation and impairment
Charge for year	4,740	4,740
At 31 December 25	4,740	4,740
Net book value
At 31 December 25	42,660	42,660
At 31 December 24	-	-

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Other debtors	1,475	3,387
Prepayments and accrued income	-	541
Total	1,475	3,928

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	16,584	5,819
Amounts owed to related parties	105,924	29,761
Taxation and social security	-	1,409
Other creditors	4,760	-
Total	127,268	36,989

6.	Guarantees provided on behalf of directors
	The bank loan and overdraft are covered by personal guarantees given by directors and secured on assets outside the company.

7.	Related party transactions
	During the year interest free loans were made available to the business by directors of £11,520 (2024 £19,559). There were also interest free loans from associated companies totalling £94,403 at the year end (2024 £10,202).

8.	Parent-subsidiary relationships
	Obso Holdings Ltd is the parent company of Obso Ltd and Obso Global BV. Obso Holdings Ltd and Obso Ltd registered in the UK.