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REGISTERED NUMBER: 08240277 (England and Wales)









Unaudited Financial Statements

for the Year Ended 31 March 2023

for

OneCare-UK Ltd

OneCare-UK Ltd (Registered number: 08240277)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


OneCare-UK Ltd

Company Information
for the Year Ended 31 March 2023







DIRECTOR: Mahmood Awan





REGISTERED OFFICE: 91 Welldon Crescent
Harrow
Middlesex
HA1 1QW





REGISTERED NUMBER: 08240277 (England and Wales)





ACCOUNTANTS: Ahmed & Co
284 Station Road
Harrow
Middlesex
HA1 2EA

OneCare-UK Ltd (Registered number: 08240277)

Balance Sheet
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 69,958 136,462
Investments 5 1,010 1,010
70,968 137,472

CURRENT ASSETS
Debtors 6 1,291,843 771,601
Cash at bank and in hand 496,443 686,269
1,788,286 1,457,870
CREDITORS
Amounts falling due within one year 7 429,338 300,432
NET CURRENT ASSETS 1,358,948 1,157,438
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,429,916

1,294,910

CREDITORS
Amounts falling due after more than one year 8 (27,681 ) (34,250 )

PROVISIONS FOR LIABILITIES (8,321 ) (24,440 )
NET ASSETS 1,393,914 1,236,220

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 1,392,914 1,235,220
SHAREHOLDERS' FUNDS 1,393,914 1,236,220

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 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.

OneCare-UK Ltd (Registered number: 08240277)

Balance Sheet - continued
31 March 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 25 December 2023 and were signed by:





Mahmood Awan - Director


OneCare-UK Ltd (Registered number: 08240277)

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

1. STATUTORY INFORMATION

OneCare-UK Ltd 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.

Preparation of consolidated financial statements
The financial statements contain information about OneCare-UK Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

OneCare-UK Ltd (Registered number: 08240277)

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

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 127 (2022 - 103 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2022 10,470 186,002 11,168 207,640
Additions 44,270 - 1,832 46,102
Disposals - (118,380 ) - (118,380 )
At 31 March 2023 54,740 67,622 13,000 135,362
DEPRECIATION
At 1 April 2022 3,886 59,180 8,112 71,178
Charge for year 12,713 9,723 1,385 23,821
Eliminated on disposal - (29,595 ) - (29,595 )
At 31 March 2023 16,599 39,308 9,497 65,404
NET BOOK VALUE
At 31 March 2023 38,141 28,314 3,503 69,958
At 31 March 2022 6,584 126,822 3,056 136,462

OneCare-UK Ltd (Registered number: 08240277)

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

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 April 2022
and 31 March 2023 63,044
DEPRECIATION
At 1 April 2022 27,582
Charge for year 8,865
At 31 March 2023 36,447
NET BOOK VALUE
At 31 March 2023 26,597
At 31 March 2022 35,462

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2022
and 31 March 2023 1,010
NET BOOK VALUE
At 31 March 2023 1,010
At 31 March 2022 1,010

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 740,645 227,263
Amounts owed by group undertakings 447,151 450,646
Other debtors 104,047 93,692
1,291,843 771,601

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 6,570 6,570
Trade creditors 15,304 4,100
Taxation and social security 191,763 115,885
Other creditors 215,701 173,877
429,338 300,432

OneCare-UK Ltd (Registered number: 08240277)

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

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts 27,681 34,250

9. ULTIMATE CONTROLLING PARTY

The controlling party is Mahmood Awan.

The company is fully owned and controlled by the director and his immediate family members.