1 February 2022 false No description of principal activity Taxfiler 2023.10 13132210business:PrivateLimitedCompanyLtd2022-02-012023-01-31 131322102022-01-31 131322102022-02-012023-01-31 13132210business:AuditExempt-NoAccountantsReport2022-02-012023-01-31 13132210business:FilletedAccounts2022-02-012023-01-31 131322102023-01-31 13132210business:Director12022-02-012023-01-31 13132210business:RegisteredOffice2022-02-012023-01-31 131322102022-01-31 13132210core:WithinOneYear2023-01-31 13132210core:WithinOneYear2022-01-31 13132210core:AfterOneYear2023-01-31 13132210core:AfterOneYear2022-01-31 13132210core:ShareCapitalcore:PreviouslyStatedAmount2023-01-31 13132210core:ShareCapitalcore:PreviouslyStatedAmount2022-01-31 13132210core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-31 13132210core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-01-31 13132210core:PreviouslyStatedAmount2023-01-31 13132210core:PreviouslyStatedAmount2022-01-31 13132210business:SmallEntities2022-02-012023-01-31 13132210countries:EnglandWales2022-02-012023-01-31 13132210core:LandBuildings2022-01-31 13132210core:FurnitureFittings2022-01-31 13132210core:LandBuildings2022-02-012023-01-31 13132210core:FurnitureFittings2022-02-012023-01-31 13132210core:LandBuildings2023-01-31 13132210core:FurnitureFittings2023-01-31 131322102021-02-012022-01-31 iso4217:GBP xbrli:pure
Company Registration No. 13132210 (England and Wales)
Ontatile Ltd Unaudited accounts for the year ended 31 January 2023
Ontatile Ltd Unaudited accounts Contents
Page
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Ontatile Ltd Company Information for the year ended 31 January 2023
Director
Kearabiloe Nkomo
Company Number
13132210 (England and Wales)
Registered Office
3 Roche Close Rochford Essex SS4 1PX England
Accountants
TAWANDA GROUP LTD INNOVATION CENTRE MEDWAY MAIDSTONE ROAD CHATHAM KENT ME5 9FD
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Ontatile Ltd Statement of financial position as at 31 January 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
906,137 
608,101 
Current assets
Cash at bank and in hand
2,598 
1,262 
Creditors: amounts falling due within one year
- 
(1,562)
Net current assets/(liabilities)
2,598 
(300)
Total assets less current liabilities
908,735 
607,801 
Creditors: amounts falling due after more than one year
(937,134)
(607,800)
Net (liabilities)/assets
(28,399)
1 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(28,400)
- 
Shareholders' funds
(28,399)
1 
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 16 November 2023 and were signed on its behalf by
Kearabiloe Nkomo Director Company Registration No. 13132210
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Ontatile Ltd Notes to the Accounts for the year ended 31 January 2023
1
Statutory information
Ontatile Ltd is a private company, limited by shares, registered in England and Wales, registration number 13132210. The registered office is 3 Roche Close, Rochford, Essex, SS4 1PX, 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.
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:
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2022
606,951 
1,150 
608,101 
Additions
325,000 
- 
325,000 
Disposals
(26,964)
- 
(26,964)
At 31 January 2023
904,987 
1,150 
906,137 
Depreciation
At 31 January 2023
- 
- 
- 
Net book value
At 31 January 2023
904,987 
1,150 
906,137 
At 31 January 2022
606,951 
1,150 
608,101 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Loans from directors
- 
1,562 
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Ontatile Ltd Notes to the Accounts for the year ended 31 January 2023
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
659,726 
607,800 
Other creditors
277,408 
- 
937,134 
607,800 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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