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REGISTERED NUMBER: 07944015 (England and Wales)















Financial Statements for the Year Ended 28th February 2023

for

One Concept Design Limited

One Concept Design Limited (Registered number: 07944015)






Contents of the Financial Statements
for the Year Ended 28th February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


One Concept Design Limited

Company Information
for the Year Ended 28th February 2023







DIRECTOR: Dean Thomas Plant





REGISTERED OFFICE: Red Marley
Buckley Hill Lane
Milnrow
Rochdale
OL16 4BU





REGISTERED NUMBER: 07944015 (England and Wales)





ACCOUNTANT: Frazer Waite Desmier Limited
Peine House
Hind Hill Street
Heywood
Lancashire
OL10 1JZ

One Concept Design Limited (Registered number: 07944015)

Balance Sheet
28th February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,237 -

CURRENT ASSETS
Debtors 5 55,138 85,267
Cash at bank and in hand 163,337 213,637
218,475 298,904
CREDITORS
Amounts falling due within one year 6 30,786 48,126
NET CURRENT ASSETS 187,689 250,778
TOTAL ASSETS LESS CURRENT
LIABILITIES

188,926

250,778

CREDITORS
Amounts falling due after more than one
year

7

-

34,508
NET ASSETS 188,926 216,270

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 8 188,925 216,269
SHAREHOLDERS' FUNDS 188,926 216,270

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

One Concept Design Limited (Registered number: 07944015)

Balance Sheet - continued
28th February 2023


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 director and authorised for issue on 1st December 2023 and were signed by:





Dean Thomas Plant - Director


One Concept Design Limited (Registered number: 07944015)

Notes to the Financial Statements
for the Year Ended 28th February 2023

1. STATUTORY INFORMATION

One Concept Design 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 etc - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

One Concept Design Limited (Registered number: 07944015)

Notes to the Financial Statements - continued
for the Year Ended 28th February 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1st March 2022 1,999 - 1,999
Additions - 1,291 1,291
At 28th February 2023 1,999 1,291 3,290
DEPRECIATION
At 1st March 2022 1,999 - 1,999
Charge for year - 54 54
At 28th February 2023 1,999 54 2,053
NET BOOK VALUE
At 28th February 2023 - 1,237 1,237
At 28th February 2022 - - -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade debtors 1,500 18,000
Director's loan account 31,464 45,093
Corporation tax 22,174 22,174
55,138 85,267

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Bank loans and overdrafts - 6,902
Corporation tax 15,756 24,350
Social security and other taxes 128 124
Other taxation 12,902 14,750
Accrued expenses 2,000 2,000
30,786 48,126

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.2.23 28.2.22
£    £   
Bank loans - 1-2 years - 8,282
Bank loans - 2-5 years - 24,846
Bank loans more 5 yr by instal - 1,380
- 34,508

One Concept Design Limited (Registered number: 07944015)

Notes to the Financial Statements - continued
for the Year Ended 28th February 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
28.2.23 28.2.22
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 1,380

8. RESERVES
Retained
earnings
£   

At 1st March 2022 216,269
Profit for the year 13,056
Dividends (40,400 )
At 28th February 2023 188,925

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28th February 2023 and 28th February 2022:

28.2.23 28.2.22
£    £   
Dean Thomas Plant
Balance outstanding at start of year 45,093 57,970
Amounts repaid (13,629 ) (12,877 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 31,464 45,093

10. ULTIMATE CONTROLLING PARTY

Dean Thomas Plant controls the company through his holding of ordinary share capital.