ONSKY LTD

Company Registration Number:
12388806 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2022

Period of accounts

Start date: 01 February 2021

End date: 31 January 2022

ONSKY LTD

Contents of the Financial Statements

for the Period Ended 31 January 2022

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 11

ONSKY LTD

Company Information

for the Period Ended 31 January 2022




Director: CRISTINA ELEONORA IONESCU
Registered office: 143
Onslow Gardens
London
England
E18 1NA
Company Registration Number: 12388806 (England and Wales)

ONSKY LTD

Directors' Report Period Ended 31 January 2022

The directors present their report with the financial statements of the company for the period ended 31 January 2022

Principal Activities

The principal activity of the business was retail sale via mail order houses or via Internet and other retail sale not in stores, stalls or markets.

Directors

The director(s) shown below were appointed to the company during the period
CRISTINA ELEONORA IONESCU
01 February 2021

This report was approved by the board of directors on 30 June 2022
And Signed On Behalf Of The Board By:

Name: CRISTINA ELEONORA IONESCU
Status: Director

ONSKY LTD

Balance sheet

As at 31 January 2022


Notes

2022
£
13 months to
31 Jan 2021
£
Fixed assets
Tangible assets: 5 2,835 3,150
Total fixed assets: 2,835 3,150
Current assets
Stocks: 22,541 5,998
Cash at bank and in hand: 30,126 41,502
Total current assets: 52,667 47,500
Creditors: amounts falling due within one year: 6 ( 2,624 ) ( 398 )
Net current assets (liabilities): 50,043 47,102
Total assets less current liabilities: 52,878 50,252
Creditors: amounts falling due after more than one year: 7 ( 44,675 ) ( 50,000 )
Total net assets (liabilities): 8,203 252

The notes form part of these financial statements

ONSKY LTD

Balance sheet continued

As at 31 January 2022


Notes

2022
£
13 months to
31 Jan 2021
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 8,202 251
Shareholders funds: 8,203 252

For the year ending 31 January 2022 the company was entitled to exemption 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 directors acknowledge 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 30 June 2022
And Signed On Behalf Of The Board By:

Name: CRISTINA ELEONORA IONESCU
Status: Director

The notes form part of these financial statements

ONSKY LTD

Notes to the Financial Statements

for the Period Ended 31 January 2022

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover comprises of sales from ordinary activities less sales tax and any trade discounts.

    Tangible fixed assets depreciation policy

    All tangible fixed assets are depreciated at a rate of 10% per annum on reducing balance basis.

ONSKY LTD

Notes to the Financial Statements

for the Period Ended 31 January 2022

  • 2. Employees


    2022
    13 months to
    31 Jan 2021
    Average number of employees during the period 2 1

ONSKY LTD

Notes to the Financial Statements

for the Period Ended 31 January 2022

  • 3. Off balance sheet disclosure

    No

ONSKY LTD

Notes to the Financial Statements

for the Period Ended 31 January 2022

4. Dividends


2022
£
13 months to
31 Jan 2021
£
Dividends paid 8,202 203

ONSKY LTD

Notes to the Financial Statements

for the Period Ended 31 January 2022

5. Tangible assets

Fixtures & fittings Office equipment Total
Cost £ £ £
At 01 February 2021 1,800 1,350 3,150
Additions - - -
Disposals - - -
Revaluations - - -
Transfers - - -
At 31 January 2022 1,800 1,350 3,150
Depreciation
At 01 February 2021 - - -
Charge for year 180 135 315
On disposals - - -
Other adjustments - - -
At 31 January 2022 180 135 315
Net book value
At 31 January 2022 1,620 1,215 2,835
At 31 January 2021 1,800 1,350 3,150

ONSKY LTD

Notes to the Financial Statements

for the Period Ended 31 January 2022

6.Creditors: amounts falling due within one year note


2022
£
13 months to
31 Jan 2021
£
Taxation and social security 1,924 48
Other creditors 700 350
Total 2,624 398

ONSKY LTD

Notes to the Financial Statements

for the Period Ended 31 January 2022

7.Creditors: amounts falling due after more than one year


2022
£
13 months to
31 Jan 2021
£
Bank loans and overdrafts 44,675 50,000
Total 44,675 50,000