Ontix Sites No. 2 Limited 12454949 true 2022-04-01 2023-03-31 2023-03-31 The principal activity of the company is telecommunications company. Digita Accounts Production Advanced 6.30.9574.0 true false 12454949 2022-04-01 2023-03-31 12454949 2023-03-31 12454949 bus:OrdinaryShareClass1 2023-03-31 12454949 core:CurrentFinancialInstruments 2023-03-31 12454949 bus:SmallEntities 2022-04-01 2023-03-31 12454949 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 12454949 bus:AbridgedAccounts 2022-04-01 2023-03-31 12454949 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 12454949 bus:RegisteredOffice 2022-04-01 2023-03-31 12454949 bus:Director1 2022-04-01 2023-03-31 12454949 bus:Director4 2022-04-01 2023-03-31 12454949 bus:Director6 2022-04-01 2023-03-31 12454949 bus:Director8 2022-04-01 2023-03-31 12454949 bus:Director9 2022-04-01 2023-03-31 12454949 bus:OrdinaryShareClass1 2022-04-01 2023-03-31 12454949 bus:EntityHasNeverTraded 2022-04-01 2023-03-31 12454949 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 12454949 1 2022-04-01 2023-03-31 12454949 countries:AllCountries 2022-04-01 2023-03-31 12454949 2021-04-01 2022-03-31 12454949 bus:OrdinaryShareClass1 2022-03-31 12454949 core:CurrentFinancialInstruments 2022-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 12454949

Ontix Sites No. 2 Limited

Annual Report and Unaudited Abridged Financial Statements

for the Year Ended 31 March 2023

 

Ontix Sites No. 2 Limited

Contents

Company Information

1

Abridged Balance Sheet

2

Notes to the Unaudited Abridged Financial Statements

3 to 5

 

Ontix Sites No. 2 Limited

Company Information

Directors

Mr Patrick David Bradd

Mr Anthony Tomlinson

Mr Thorsten Philip-Stuart Johnsen

Mr Neil McRae

Mr Alan Paul Harper

Registered office

320 Garratt Lane
London
SW18 4EJ

Accountants

Franklin, Chartered Accountants
320 Garratt Lane
London
SW18 4EJ

 

Ontix Sites No. 2 Limited

(Registration number: 12454949)
Abridged Balance Sheet as at 31 March 2023

Note

2023
£

2022
£

Current assets

 

Debtors

4

100

100

Capital and reserves

 

Called up share capital

5

100

100

Shareholders' funds

 

100

100

For the financial 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.

For the financial year ending 31 March 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 24 October 2023 and signed on its behalf by:
 

.........................................
Mr Patrick David Bradd
Director

 

Ontix Sites No. 2 Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2023

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
320 Garratt Lane
London
SW18 4EJ

These financial statements were authorised for issue by the Board on 24 October 2023.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

Ontix Sites No. 2 Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2023

Financial instruments

Classification
The Company has chosen to adopt sections 11 and 12 of FRS 102 in respect of financial instruments.

 Recognition and measurement
Financial instruments are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Such assets are subsequently carried at amortised cost using the effective interest method.

At the end of each reporting period, financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate.

 Impairment
Financial instruments are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Such assets are subsequently carried at amortised cost using the effective interest method.

At the end of each reporting period, financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2022 - 0).

4

Debtors

Debtors includes £Nil (2022 - £Nil) due after more than one year.

5

Share capital

Allotted, called up and not fully paid shares

 

2023

2022

 

No.

£

No.

£

Ordinary Shares of £1 each

100

100

100

100

         
 

Ontix Sites No. 2 Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2023

6

Parent and ultimate parent undertaking

Subsidiary

 The company's immediate parent is Ontix Infrastructure Holdings Limited, incorporated in England & Wales.

 The most senior parent entity producing publicly available financial statements is Ontix Infrastructure Holdings Limited. These financial statements are available upon request from Companies House