Obex Limited - Accounts to registrar (filleted) - small 18.2
Obex Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30TH NOVEMBER 2019 |
| FOR |
| OBEX LIMITED |
| OBEX LIMITED (REGISTERED NUMBER: 05293757) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30TH NOVEMBER 2019 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| OBEX LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 30TH NOVEMBER 2019 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Manufactory House |
| Bell Lane |
| Hertford |
| Hertfordshire |
| SG14 1BP |
| OBEX LIMITED (REGISTERED NUMBER: 05293757) |
| BALANCE SHEET |
| 30TH NOVEMBER 2019 |
| 2019 | 2018 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
7 |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| 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. |
| OBEX LIMITED (REGISTERED NUMBER: 05293757) |
| BALANCE SHEET - continued |
| 30TH NOVEMBER 2019 |
| 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 |
| OBEX LIMITED (REGISTERED NUMBER: 05293757) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30TH NOVEMBER 2019 |
| 1. | STATUTORY INFORMATION |
| Obex Limited is a |
| registered number and registered office address can be found on the Company Information page. |
| 2. | ACCOUNTING POLICIES |
| Accounting convention |
| These financial statements have been prepared in accordance with the provisions of Section 1A"Small Entities" |
| of the Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic |
| of Ireland" and Companies Act 2006. The financial statements have been prepared under the historical cost |
| convention. |
| Going concern justification |
| The director has assessed various factors and risks affecting the company and its ability in these difficult |
| economic times to continue to trade as a going concern. The director has not identified any material uncertainties |
| or risks related to events or conditions that could effect the carrying values of the company's assets and liabilities |
| as at the balance sheet date. Therefore the financial statements for the year ended 30th November 2018 have |
| been prepared using the going concern basis of accounting. |
| Revenue |
| Revenue - Described as turnover - is the value of goods (net of VAT) provided to customers during the year, plus |
| the value of work (net of VAT) performed during the year with respect to services. |
| Revenue is recognised on the sale of goods when the goods are delivered and title has passed. Revenue is |
| recognised on the provision of services once completed. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| 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. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| OBEX LIMITED (REGISTERED NUMBER: 05293757) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30TH NOVEMBER 2019 |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| At 1st December 2018 |
| Additions |
| Disposals | ( |
) |
| At 30th November 2019 |
| DEPRECIATION |
| At 1st December 2018 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 30th November 2019 |
| NET BOOK VALUE |
| At 30th November 2019 |
| At 30th November 2018 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Hire purchase contracts |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Hire purchase contracts |