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COMPANY REGISTRATION NUMBER: 10775334
ONE STOP SEARCHES LIMITED
FILLETED UNAUDITED FINANCIAL STATEMENTS
31 March 2023
ONE STOP SEARCHES LIMITED
FINANCIAL STATEMENTS
Year ended 31 March 2023
CONTENTS
PAGE
Balance sheet
1
Notes to the financial statements
2
ONE STOP SEARCHES LIMITED
BALANCE SHEET
31 March 2023
2023
2022
Note
£
£
CURRENT ASSETS
Debtors
5
100
100
Cash at bank and in hand
16,946
--------
----
17,046
100
CREDITORS: amounts falling due within one year
6
( 71,121)
--------
----
NET CURRENT (LIABILITIES)/ASSETS
( 54,075)
100
--------
----
TOTAL ASSETS LESS CURRENT LIABILITIES
( 54,075)
100
--------
----
NET (LIABILITIES)/ASSETS
( 54,075)
100
--------
----
CAPITAL AND RESERVES
Called up share capital
100
100
Profit and loss account
( 54,175)
--------
----
SHAREHOLDERS FUNDS
( 54,075)
100
--------
----
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the profit and loss account has not been delivered.
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.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 27 November 2023 , and are signed on behalf of the board by:
Mr T M D Hobbs
Director
Company registration number: 10775334
ONE STOP SEARCHES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
Year ended 31 March 2023
1. GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Fitzalan House, Fitzalan Court, Fitzalan Road, Cardiff, CF24 0EL.
2. STATEMENT OF COMPLIANCE
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The accounts show that the company had net liabilities of £54,075 at the balance sheet date. The director has therefore had to consider the appropriateness of the going concern basis. The company has been able to finance its operations largely because of support from other creditors. Were this support not available, the company may not be able to continue trading. The director is confident that the company will be able to meet its obligations for at least the next twelve months with the continuing support of these creditors, and therefore consider it appropriate to prepare the accounts on the going concern basis.
Turnover
Fees receivable are recognised in the profit and loss account when a right to consideration has been obtained in exchange for performance of contractual obligations except where that right is contingent on an uncertain future event. Income is recorded at fair value which is based on time spent, after deducting allowances for discounts, credit risk and other uncertainties relating to amounts capable of being billed. For those cases where the ability to recover fees on a matter is contingent, income is not recognised until the contingent event has occurred.
4. EMPLOYEE NUMBERS
The average number of persons employed by the company during the year amounted to 3 (2022: Nil).
5. DEBTORS
2023
2022
£
£
Other debtors
100
100
----
----
6. CREDITORS: amounts falling due within one year
2023
2022
£
£
Social security and other taxes
3,195
Other creditors
67,926
--------
----
71,121
--------
----