Acorah Software Products - Accounts Production 14.5.501 false true 30 June 2022 1 July 2021 false 1 July 2022 30 June 2023 30 June 2023 07295699 Mr Oluwatosin Williams iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07295699 2022-06-30 07295699 2023-06-30 07295699 2022-07-01 2023-06-30 07295699 frs-core:CurrentFinancialInstruments 2023-06-30 07295699 frs-core:FurnitureFittings 2023-06-30 07295699 frs-core:FurnitureFittings 2022-07-01 2023-06-30 07295699 frs-core:FurnitureFittings 2022-06-30 07295699 frs-core:ShareCapital 2023-06-30 07295699 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30 07295699 frs-bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 07295699 frs-bus:FilletedAccounts 2022-07-01 2023-06-30 07295699 frs-bus:SmallEntities 2022-07-01 2023-06-30 07295699 frs-bus:AuditExempt-NoAccountantsReport 2022-07-01 2023-06-30 07295699 frs-bus:SmallCompaniesRegimeForAccounts 2022-07-01 2023-06-30 07295699 frs-core:UnlistedNon-exchangeTraded 2023-06-30 07295699 frs-core:UnlistedNon-exchangeTraded 2022-06-30 07295699 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2022-06-30 07295699 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-06-30 07295699 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2022-06-30 07295699 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-06-30 07295699 frs-bus:Director1 2022-07-01 2023-06-30 07295699 frs-countries:EnglandWales 2022-07-01 2023-06-30 07295699 2021-06-30 07295699 2022-06-30 07295699 2021-07-01 2022-06-30 07295699 frs-core:CurrentFinancialInstruments 2022-06-30 07295699 frs-core:ShareCapital 2022-06-30 07295699 frs-core:RetainedEarningsAccumulatedLosses 2022-06-30
Registered number: 07295699
O.B W-ONE Ltd
Unaudited Financial Statements
For The Year Ended 30 June 2023
Zenith Accounting & Business Solutions Ltd
Certified Accountants
DFO Consulting - Churchill House
120 Bunns Lane
Mill Hill
London
NW7 2AS
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 07295699
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 1,140
Investments 5 50,646 50,646
50,646 51,786
CURRENT ASSETS
Cash at bank and in hand 52 52
52 52
Creditors: Amounts Falling Due Within One Year 6 (57,738 ) (57,198 )
NET CURRENT ASSETS (LIABILITIES) (57,686 ) (57,146 )
TOTAL ASSETS LESS CURRENT LIABILITIES (7,040 ) (5,360 )
NET LIABILITIES (7,040 ) (5,360 )
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account (7,041 ) (5,361 )
SHAREHOLDERS' FUNDS (7,040) (5,360)
Page 1
Page 2
For the year ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Oluwatosin Williams
Director
2 April 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
O.B W-ONE Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07295699 . The registered office is 3 Bolingbroke Close, Barnet, London, EN4 9EQ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 20% Straight Line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
1 1
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 July 2022 7,600
As at 30 June 2023 7,600
Depreciation
As at 1 July 2022 6,460
Provided during the period 1,140
As at 30 June 2023 7,600
Net Book Value
As at 30 June 2023 -
As at 1 July 2022 1,140
5. Investments
Unlisted
£
Cost
As at 1 July 2022 50,646
As at 30 June 2023 50,646
Provision
As at 1 July 2022 -
As at 30 June 2023 -
Net Book Value
As at 30 June 2023 50,646
As at 1 July 2022 50,646
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Other loans 54,883 54,883
Director's loan account 2,855 2,315
57,738 57,198
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1 1
Page 4