ONE2ONE BUSINESS CONSULTANTS C.I.C.

Company Registration Number:
10228006 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2022

Period of accounts

Start date: 1 January 2022

End date: 31 December 2022

ONE2ONE BUSINESS CONSULTANTS C.I.C.

Contents of the Financial Statements

for the Period Ended 31 December 2022

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

ONE2ONE BUSINESS CONSULTANTS C.I.C.

Directors' report period ended 31 December 2022

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

Directors

The director shown below has held office during the whole of the period from
1 January 2022 to 31 December 2022

Ali Sharif


The director shown below has held office during the period of
14 July 2022 to 31 December 2022

Adam Ali


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
30 September 2023

And signed on behalf of the board by:
Name: Ali Sharif
Status: Director

ONE2ONE BUSINESS CONSULTANTS C.I.C.

Profit And Loss Account

for the Period Ended 31 December 2022

2022 18 months to 31 December 2021


£

£
Turnover: 0 119,868
Cost of sales: 0 ( 11,006 )
Gross profit(or loss): 0 108,862
Distribution costs: 0 0
Administrative expenses: ( 410,935 ) ( 746,620 )
Other operating income: 229 256,477
Operating profit(or loss): (410,706) (381,281)
Interest receivable and similar income: 33 1
Interest payable and similar charges: ( 5,965 ) ( 3,518 )
Profit(or loss) before tax: (416,638) (384,798)
Tax: 0 0
Profit(or loss) for the financial year: (416,638) (384,798)

ONE2ONE BUSINESS CONSULTANTS C.I.C.

Balance sheet

As at 31 December 2022

Notes 2022 18 months to 31 December 2021


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 26,346 50,992
Investments:   0 0
Total fixed assets: 26,346 50,992
Current assets
Stocks:   0 0
Debtors: 4 187,674 364,114
Cash at bank and in hand: 2,207 15,892
Investments:   0 0
Total current assets: 189,881 380,006
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 5 ( 992,820 ) ( 773,342 )
Net current assets (liabilities): (802,939) (393,336)
Total assets less current liabilities: (776,593) ( 342,344)
Creditors: amounts falling due after more than one year: 6 ( 63,386 ) ( 80,997 )
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): (839,979) (423,341)
Capital and reserves
Called up share capital: 100 100
Share premium account: 0 0
Other reserves: 0 0
Profit and loss account: (840,079 ) (423,441 )
Total Shareholders' funds: ( 839,979 ) (423,341)

The notes form part of these financial statements

ONE2ONE BUSINESS CONSULTANTS C.I.C.

Balance sheet statements

For the year ending 31 December 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 September 2023
and signed on behalf of the board by:

Name: Ali Sharif
Status: Director

The notes form part of these financial statements

ONE2ONE BUSINESS CONSULTANTS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 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 is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.Sale of goodsTurnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.Rendering of servicesTurnover 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.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:Plant & Machinery: 25% Straight LineMotor Vehicles: 25% Straight LineFixtures & Fittings: 25% Straight LineComputer Equipment: 25% Straight Line

    Other accounting policies

    Leasing and Hire Purchase ContractsAssets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.

ONE2ONE BUSINESS CONSULTANTS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2022

  • 2. Employees

    2022 18 months to 31 December 2021
    Average number of employees during the period 16 24

ONE2ONE BUSINESS CONSULTANTS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2022 27,161 602 5,382 66,011 99,156
Additions
Disposals
Revaluations
Transfers
At 31 December 2022 27,161 602 5,382 66,011 99,156
Depreciation
At 1 January 2022 18,858 596 3,956 24,754 48,164
Charge for year 6,790 6 1,347 16,503 24,646
On disposals
Other adjustments
At 31 December 2022 25,648 602 5,303 41,257 72,810
Net book value
At 31 December 2022 1,513 0 79 24,754 26,346
At 31 December 2021 8,303 6 1,426 41,257 50,992

ONE2ONE BUSINESS CONSULTANTS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Debtors

2022 18 months to 31 December 2021
£ £
Trade debtors 0 2,250
Prepayments and accrued income 0 0
Other debtors 187,674 361,864
Total 187,674 364,114

ONE2ONE BUSINESS CONSULTANTS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2022

5. Creditors: amounts falling due within one year note

2022 18 months to 31 December 2021
£ £
Bank loans and overdrafts 9,398 9,398
Amounts due under finance leases and hire purchase contracts 6,869 6,257
Trade creditors 197,831 197,831
Taxation and social security 4,035 19,284
Accruals and deferred income 4,421 2,544
Other creditors 770,266 538,028
Total 992,820 773,342

ONE2ONE BUSINESS CONSULTANTS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2022

6. Creditors: amounts falling due after more than one year note

2022 18 months to 31 December 2021
£ £
Bank loans and overdrafts 25,721 35,119
Amounts due under finance leases and hire purchase contracts 37,665 45,878
Total 63,386 80,997

COMMUNITY INTEREST ANNUAL REPORT

ONE2ONE BUSINESS CONSULTANTS C.I.C.

Company Number: 10228006 (England and Wales)

Year Ending: 31 December 2022

Company activities and impact

One2One Business Consultants C.I.C. have been working closely with the local communities by supporting the development and delivery of services to help community projects throughout local and national boroughs. Focusing on meeting the needs of the vulnerable and socially isolated, we work in the heart of the community to develop volunteer-driven solutions. From lunch clubs to transport, gardening services to supporting community buildings we can help your community. Our training and apprenticeship programs have equipped our apprentices with life changing skills, which have further developed them to sustain long term employment. We have supported many local individuals with the skills they need to thrive in the not-for-profit world. From free of charge One2one advice sessions to full-day workshops.

Consultation with stakeholders

Only the director of the company.

Directors' remuneration

The aggregate amount of emoluments paid to directors in respect of the qualifying services was £24,000.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
30 September 2023

And signed on behalf of the board by:
Name: Ali Sharif
Status: Director