Company Registration No. 11797400 (England and Wales)
Onlyus Enterprises UK Ltd
Unaudited accounts
for the year ended 31 January 2023
Onlyus Enterprises UK Ltd
Unaudited accounts
Contents
Onlyus Enterprises UK Ltd
Company Information
for the year ended 31 January 2023
Company Number
11797400 (England and Wales)
Registered Office
28 ST. Nicholas Road
Oxford
OX4 4PP
United Kingdom
Accountants
ABR Chartered Accountants
2-4 Eastern Road
St Georges House
Romford
RM1 3PJ
Onlyus Enterprises UK Ltd
Statement of financial position
as at 31 January 2023
Tangible assets
1,508
1,387
Inventories
231,524
73,859
Cash at bank and in hand
3,059
31,974
Creditors: amounts falling due within one year
(254,953)
(94,329)
Net current assets
36,330
45,167
Total assets less current liabilities
37,838
46,554
Creditors: amounts falling due after more than one year
(35,417)
(46,084)
Called up share capital
100
100
Profit and loss account
2,321
370
Shareholders' funds
2,421
470
For the year ending 31 January 2023 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 24 May 2023 and were signed on its behalf by
Qaiser Naveed
Director
Company Registration No. 11797400
Onlyus Enterprises UK Ltd
Notes to the Accounts
for the year ended 31 January 2023
Onlyus Enterprises UK Ltd is a private company, limited by shares, registered in England and Wales, registration number 11797400. The registered office is 28 ST. Nicholas Road, Oxford, OX4 4PP, United Kingdom.
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.
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:
Fixtures & fittings
25% reducing balance
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2022
1,850
-
1,850
At 31 January 2023
1,850
624
2,474
At 1 February 2022
463
-
463
Charge for the year
347
156
503
At 31 January 2023
810
156
966
At 31 January 2023
1,040
468
1,508
At 31 January 2022
1,387
-
1,387
Amounts falling due within one year
Trade debtors
31,700
33,663
Accrued income and prepayments
25,000
-
Onlyus Enterprises UK Ltd
Notes to the Accounts
for the year ended 31 January 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
21,554
7,704
Trade creditors
91,882
22,502
Taxes and social security
10,287
2,106
Accrued preference dividends
-
1,200
Loans from directors
111,684
57,793
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 3 (2022: 0).