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Company Registration No. 10050381 (England and Wales)
BUYMEONCE LIMITED Unaudited accounts for the year ended 31 March 2023
BUYMEONCE LIMITED Unaudited accounts Contents
Page
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BUYMEONCE LIMITED Company Information for the year ended 31 March 2023
Directors
Tara Kathryn Louse Button-Cohen Jonathan Charles Rider Lily Perina Victoria Thomas Adrian Christopher Cheesley Robert Aidan Roche Hayes Charlotte Mary Johnsen
Secretary
Rachel GALLAGHER
Company Number
10050381 (England and Wales)
Registered Office
Riverside Buildings, County Hall Westminster Bridge Road London SE1 7PB
Accountants
CBBS Ltd 131 Railway Road Rhoose Barry Vale of Glamorgan CF62 3FE
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BUYMEONCE LIMITED Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,119 
5,206 
Investments
80 
80 
3,199 
5,286 
Current assets
Inventories
39,904 
111,332 
Debtors
6,899 
10,777 
Cash at bank and in hand
91,618 
567,800 
138,421 
689,909 
Creditors: amounts falling due within one year
(41,900)
(94,521)
Net current assets
96,521 
595,388 
Total assets less current liabilities
99,720 
600,674 
Creditors: amounts falling due after more than one year
(17,773)
(21,670)
Net assets
81,947 
579,004 
Capital and reserves
Called up share capital
257 
257 
Share premium
2,408,373 
2,408,347 
Profit and loss account
(2,326,683)
(1,829,600)
Shareholders' funds
81,947 
579,004 
For the year ending 31 March 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 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 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 of Directors and authorised for issue on 6 November 2023 and were signed on its behalf by
Tara Kathryn Louse Button-Cohen Director Company Registration No. 10050381
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BUYMEONCE LIMITED Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
BUYMEONCE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10050381. The registered office is Riverside Buildings, County Hall, Westminster Bridge Road, London, SE1 7PB.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Computer equipment
33% straight line
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2022
6,589 
Disposals
(1,410)
At 31 March 2023
5,179 
Depreciation
At 1 April 2022
1,383 
Charge for the year
1,040 
On disposals
(363)
At 31 March 2023
2,060 
Net book value
At 31 March 2023
3,119 
At 31 March 2022
5,206 
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BUYMEONCE LIMITED Notes to the Accounts for the year ended 31 March 2023
5
Investments
Subsidiary undertakings 
£ 
Valuation at 1 April 2022
80 
Valuation at 31 March 2023
80 
The above investment represents the companies 100% ownership of a subsidiary company, BuyMeOnce LLC, an entity registered in the USA.
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
- 
354 
Trade debtors
1,546 
3,266 
Accrued income and prepayments
5,353 
7,157 
6,899 
10,777 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
2,757 
- 
Trade creditors
17,735 
49,903 
Taxes and social security
5,504 
11,051 
Other creditors
1,636 
2,830 
Accruals
14,268 
30,737 
41,900 
94,521 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
17,773 
21,670 
9
Transactions with related parties
At the date of the Balance Sheet the amount owing from connected company undertakings Buy Me Once LLC (USA) was £267,974, however as this amount may not be fully recoverable it has been fully provided during the year so that the amount included in Debtors is £0 (2022 £0).
10
Average number of employees
During the year the average number of employees was 10 (2022: 10).
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