Caseware UK (AP4) 2022.0.179 2022.0.179 2023-05-312023-05-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2022-06-01falseNo description of principal activity11truetrue 13374036 2022-06-01 2023-05-31 13374036 2021-05-04 2022-05-31 13374036 2023-05-31 13374036 2022-05-31 13374036 c:Director1 2022-06-01 2023-05-31 13374036 d:ComputerEquipment 2022-06-01 2023-05-31 13374036 d:ComputerEquipment 2023-05-31 13374036 d:ComputerEquipment 2022-05-31 13374036 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-06-01 2023-05-31 13374036 d:CurrentFinancialInstruments 2023-05-31 13374036 d:CurrentFinancialInstruments 2022-05-31 13374036 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 13374036 d:CurrentFinancialInstruments d:WithinOneYear 2022-05-31 13374036 d:ShareCapital 2023-05-31 13374036 d:ShareCapital 2022-05-31 13374036 d:RetainedEarningsAccumulatedLosses 2023-05-31 13374036 d:RetainedEarningsAccumulatedLosses 2022-05-31 13374036 c:OrdinaryShareClass1 2022-06-01 2023-05-31 13374036 c:OrdinaryShareClass1 2023-05-31 13374036 c:OrdinaryShareClass1 2022-05-31 13374036 c:FRS102 2022-06-01 2023-05-31 13374036 c:AuditExempt-NoAccountantsReport 2022-06-01 2023-05-31 13374036 c:FullAccounts 2022-06-01 2023-05-31 13374036 c:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31 13374036 2 2022-06-01 2023-05-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 13374036









ONEPOINT2 LEISURE LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MAY 2023

 
ONEPOINT2 LEISURE LIMITED
REGISTERED NUMBER: 13374036

STATEMENT OF FINANCIAL POSITION
AS AT 31 MAY 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
4,516
590

  
4,516
590

Current assets
  

Debtors: amounts falling due within one year
 5 
65,369
4,800

Cash at bank and in hand
 6 
108,510
65,605

  
173,879
70,405

Creditors: amounts falling due within one year
 7 
(81,587)
(49,290)

Net current assets
  
 
 
92,292
 
 
21,115

Total assets less current liabilities
  
96,808
21,705

  

Net assets
  
96,808
21,705


Capital and reserves
  

Called up share capital 
 8 
100
100

Profit and loss account
  
96,708
21,605

  
96,808
21,705


Page 1

 
ONEPOINT2 LEISURE LIMITED
REGISTERED NUMBER: 13374036
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MAY 2023

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




A B Bowers
Director

Date: 6 October 2023

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
ONEPOINT2 LEISURE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

1.


General information

Onepoint2 Leisure Limited is a private company limited by shares and incorporated in England & Wales(13374036). The registered office is at 101 New Cavendish Street, 1st Floor South, London, United Kingdom, W1W 6XH.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

In assessing the ability of the company to operate as a going concern, management have evaluated current and forecasted operational results, and the solvency of the company. As a result, the director considers it appropriate to prepare the financial statements on a going concern basis.
 
Accordingly the director has continued to prepare the financial statements on the going concern basis.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 3

 
ONEPOINT2 LEISURE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

2.Accounting policies (continued)

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Computer equipment
-
33%
Straight line method

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).

Page 4

 
ONEPOINT2 LEISURE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

4.


Tangible fixed assets





Computer equipment

£



Cost or valuation


At 1 June 2022
624


Additions
4,977



At 31 May 2023

5,601



Depreciation


At 1 June 2022
35


Charge for the year on owned assets
1,050



At 31 May 2023

1,085



Net book value



At 31 May 2023
4,516


5.


Debtors

2023
2022
£
£


Trade debtors
46,619
4,800

Prepayments and accrued income
18,750
-

65,369
4,800



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
108,510
65,605

108,510
65,605


Page 5

 
ONEPOINT2 LEISURE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
5,681
3,165

Amounts owed to group undertakings
4,500
-

Corporation tax
27,301
13,986

Other taxation and social security
12,398
1,739

Other creditors
29,207
27,900

Accruals and deferred income
2,500
2,500

81,587
49,290



8.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 (2022 - 100) Ordinary shares of £1.00 each
100
100


 
Page 6