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REGISTERED NUMBER: 11242683 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

Onesixtyeight Limited

Onesixtyeight Limited (Registered number: 11242683)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Onesixtyeight Limited

Company Information
for the Year Ended 31 March 2023







DIRECTORS: P Phang
Ms S Y Koh





REGISTERED OFFICE: Inspiration Mews
74b Boston Road
London
W7 2ET





REGISTERED NUMBER: 11242683 (England and Wales)






Onesixtyeight Limited (Registered number: 11242683)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 150,634 159,799

CURRENT ASSETS
Debtors 5 6,000 -
Cash at bank and in hand 4,320 10,076
10,320 10,076
CREDITORS
Amounts falling due within one year 6 - 388
NET CURRENT ASSETS 10,320 9,688
TOTAL ASSETS LESS CURRENT LIABILITIES 160,954 169,487

CREDITORS
Amounts falling due after more than one
year

7

150,750

162,000
NET ASSETS 10,204 7,487

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 10,202 7,485
SHAREHOLDERS' FUNDS 10,204 7,487

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 November 2023 and were signed on its behalf by:





P Phang - Director


Onesixtyeight Limited (Registered number: 11242683)

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

1. STATUTORY INFORMATION

Onesixtyeight Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost
Motor vehicles - 25% on cost

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Freehold Plant and Motor
property machinery vehicles Totals
£    £    £    £   
COST
At 1 April 2022 132,303 3,003 36,662 171,968
Disposals - (3,003 ) - (3,003 )
At 31 March 2023 132,303 - 36,662 168,965
DEPRECIATION
At 1 April 2022 - 3,003 9,166 12,169
Charge for year - - 9,165 9,165
Eliminated on disposal - (3,003 ) - (3,003 )
At 31 March 2023 - - 18,331 18,331
NET BOOK VALUE
At 31 March 2023 132,303 - 18,331 150,634
At 31 March 2022 132,303 - 27,496 159,799

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 6,000 -

Onesixtyeight Limited (Registered number: 11242683)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Directors' current accounts - 388

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.23 31.3.22
£    £   
Directors loan account 150,750 162,000