The Osborne Investment Co. Limited - Accounts to registrar (filleted) - small 17.3

The Osborne Investment Co. Limited - Accounts to registrar (filleted) - small 17.3

OSBORNE INVESTMENT COMPANY LIMITED (THE) - Company Information

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REGISTERED NUMBER: 00522480













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2017

FOR

THE OSBORNE INVESTMENT CO. LIMITED
THE OSBORNE INVESTMENT CO. LIMITED (REGISTERED NUMBER: 00522480)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2017




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


THE OSBORNE INVESTMENT CO. LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2017







DIRECTORS: Ms H A Davis
D P Lucas





SECRETARY: D P Lucas





REGISTERED OFFICE: 7-9 Station Road
Hesketh Bank
Preston
Lancashire
PR4 6SN





REGISTERED NUMBER: 00522480





ACCOUNTANTS: TLL Accountants
7-9 Station Road
Hesketh Bank
Preston
Lancashire
PR4 6SN
Page 1
THE OSBORNE INVESTMENT CO. LIMITED (REGISTERED NUMBER: 00522480)

ABRIDGED BALANCE SHEET
31ST MARCH 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 2,634 2,634
Investments 4 44,141 44,141
46,775 46,775

CURRENT ASSETS
Debtors 690 341
Cash at bank 226,444 223,120
227,134 223,461
CREDITORS
Amounts falling due within one year 3,610 3,503
NET CURRENT ASSETS 223,524 219,958
TOTAL ASSETS LESS CURRENT
LIABILITIES
270,299
266,733

CAPITAL AND RESERVES
Called up share capital 2 2
Capital Reserve 106,967 106,967
Retained earnings 163,330 159,764
SHAREHOLDERS' FUNDS 270,299 266,733

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2017 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 notes form part of these financial statements

Page 2 continued...
THE OSBORNE INVESTMENT CO. LIMITED (REGISTERED NUMBER: 00522480)

ABRIDGED BALANCE SHEET - continued
31ST MARCH 2017


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31st March 2017 in accordance with Section 444(2A) of the Companies Act 2006.

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 on 12th December 2017 and were signed on its behalf
by:





Ms H A Davis - Director


The notes form part of these financial statements

Page 3
THE OSBORNE INVESTMENT CO. LIMITED (REGISTERED NUMBER: 00522480)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2017

1. STATUTORY INFORMATION

The Osborne Investment Co. Limited is a private company, limited by shares , registered in Not specified/Other.
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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets
Leasehold land being the only asset, no depreciation has been provided , either in current or in previous year.

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. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st April 2016
and 31st March 2017 2,634
NET BOOK VALUE
At 31st March 2017 2,634
At 31st March 2016 2,634

Page 4 continued...
THE OSBORNE INVESTMENT CO. LIMITED (REGISTERED NUMBER: 00522480)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2017

4. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1st April 2016
and 31st March 2017 44,141
NET BOOK VALUE
At 31st March 2017 44,141
At 31st March 2016 44,141

Market value of listed investments at 31st March 2017 - £ 294,623 (2016 - £ 244,115 ).

Page 5