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Company Registration No. 08914200 (England and Wales)
ONGALLERY LIMITED Unaudited accounts for the year ended 28 February 2023
ONGALLERY LIMITED Unaudited accounts Contents
Page
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ONGALLERY LIMITED Company Information for the year ended 28 February 2023
Director
Jonathan Peter Roderick Landrey
Company Number
08914200 (England and Wales)
Registered Office
Profile West Suite 2, Floor 1 950 Great West Road Brentford TW8 9ES England
Accountants
Pearl Accountants Limited Profile West, 950 Great West Road Suite 2, Floor 1 Brentford Middlesex TW8 9ES
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of ONGALLERY LIMITED for the year ended 28 February 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of ONGALLERY LIMITED for the year ended 28 February 2023 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
Pearl Accountants Limited Chartered Accountants Profile West, 950 Great West Road Suite 2, Floor 1 Brentford Middlesex TW8 9ES 3 November 2023
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ONGALLERY LIMITED Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Inventories
- 
36,198 
Debtors
2,092 
2,838 
Cash at bank and in hand
393 
- 
2,485 
39,036 
Creditors: amounts falling due within one year
(17,237)
(17,437)
Net current (liabilities)/assets
(14,752)
21,599 
Net (liabilities)/assets
(14,752)
21,599 
Capital and reserves
Called up share capital
610,516 
610,516 
Profit and loss account
(625,268)
(588,917)
Shareholders' funds
(14,752)
21,599 
For the year ending 28 February 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 3 November 2023 and were signed on its behalf by
Jonathan Peter Roderick Landrey Director Company Registration No. 08914200
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ONGALLERY LIMITED Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
ONGALLERY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08914200. The registered office is Profile West Suite 2, Floor 1, 950 Great West Road, Brentford, TW8 9ES, England.
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.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 March 2022
51,409 
Disposals
(51,409)
At 28 February 2023
- 
Amortisation
At 1 March 2022
51,409 
On disposals
(51,409)
At 28 February 2023
- 
Net book value
At 28 February 2023
- 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
338 
338 
Other debtors
1,754 
2,500 
2,092 
2,838 
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ONGALLERY LIMITED Notes to the Accounts for the year ended 28 February 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
17,191 
17,191 
VAT
- 
199 
Trade creditors
66 
67 
Taxes and social security
(20)
(20)
17,237 
17,437 
7
Loans to directors
The amount owed by the director will be paid at the time of signing records or within 9 months of the year end.
8
Average number of employees
During the year the average number of employees was 0 (2022: 1).
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