OUR ONES LTD

Company Registration Number:
NI665412 (Northern Ireland)

Unaudited abridged accounts for the year ended 30 October 2022

Period of accounts

Start date: 31 October 2021

End date: 30 October 2022

OUR ONES LTD

Contents of the Financial Statements

for the Period Ended 30 October 2022

Balance sheet
Notes

OUR ONES LTD

Balance sheet

As at 30 October 2022


Notes

2022

2021


£

£
Fixed assets
Tangible assets: 3 288,074 338,734
Total fixed assets: 288,074 338,734
Current assets
Stocks: 28,144 36,402
Debtors:   23,343 6,318
Cash at bank and in hand: 28,674 32,158
Total current assets: 80,161 74,878
Creditors: amounts falling due within one year:   (959,476) (559,433)
Net current assets (liabilities): (879,315) (484,555)
Total assets less current liabilities: (591,241) (145,821)
Creditors: amounts falling due after more than one year:   (234,738) (302,167)
Provision for liabilities: (20,104) (18,833)
Total net assets (liabilities): (846,083) (466,821)
Capital and reserves
Called up share capital: 1 1
Profit and loss account: (846,084) (466,822)
Shareholders funds: (846,083) (466,821)

The notes form part of these financial statements

OUR ONES LTD

Balance sheet statements

For the year ending 30 October 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 26 October 2023
and signed on behalf of the board by:

Name: JANINE KANE
Status: Director

The notes form part of these financial statements

OUR ONES LTD

Notes to the Financial Statements

for the Period Ended 30 October 2022

1. Accounting policies

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

Turnover policy

Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible fixed assets and depreciation policy

Tangible fixed assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible fixed assets, less their estimated residual value, over their expected useful lives as follows:Short leasehold property - NILPlant and machinery - 20% reducing balanceFixtures, fittings and equipment - 20% reducing balance

OUR ONES LTD

Notes to the Financial Statements

for the Period Ended 30 October 2022

2. Employees

2022 2021
Average number of employees during the period 21 16

OUR ONES LTD

Notes to the Financial Statements

for the Period Ended 30 October 2022

3. Tangible Assets

Total
Cost £
At 31 October 2021 377,619
Additions 1,582
Disposals (30,538)
At 30 October 2022 348,663
Depreciation
At 31 October 2021 38,885
Charge for year 21,704
At 30 October 2022 60,589
Net book value
At 30 October 2022 288,074
At 30 October 2021 338,734