Company Registration No. 10174230 (England and Wales)
Onex Solutions Ltd
Unaudited accounts
for the year ended 31 March 2022
Onex Solutions Ltd
Unaudited accounts
Contents
Onex Solutions Ltd
Company Information
for the year ended 31 March 2022
Company Number
10174230 (England and Wales)
Registered Office
UNIT C RADFORD BUSINESS CENTRE
RADFORD CRESCENT
BILLERICAY
CM12 0DP
ENGLAND
Accountants
Tove Accountancy Limited
Office 6, Town Hall
86 Watling Street East
Towcester
Northants
NN12 6BS
Onex Solutions Ltd
Statement of financial position
as at 31 March 2022
Cash at bank and in hand
30,326
16,094
Creditors: amounts falling due within one year
(10,021)
(16,905)
Net current assets
26,740
24,061
Total assets less current liabilities
26,740
24,165
Creditors: amounts falling due after more than one year
(17,706)
(18,365)
Called up share capital
100
100
Profit and loss account
8,934
5,700
Shareholders' funds
9,034
5,800
For the year ending 31 March 2022 the company was entitled to exemption from audit 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 17 August 2022 and were signed on its behalf by
Stuart Edwards
Director
Company Registration No. 10174230
Onex Solutions Ltd
Notes to the Accounts
for the year ended 31 March 2022
Onex Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 10174230. The registered office is UNIT C RADFORD BUSINESS CENTRE, RADFORD CRESCENT, BILLERICAY, CM12 0DP, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
20% straight line
4
Tangible fixed assets
Computer equipment
Onex Solutions Ltd
Notes to the Accounts
for the year ended 31 March 2022
5
Debtors: amounts falling due within one year
2022
2021
Trade debtors
6,435
24,872
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
5,857
-
Taxes and social security
1,369
4,146
Loans from directors
406
11,255
7
Creditors: amounts falling due after more than one year
2022
2021
8
Average number of employees
During the year the average number of employees was 1 (2021: 0).