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Company Registration No. 06248118 (England and Wales)
Feature One Limited Unaudited accounts for the year ended 31 May 2023
Feature One Limited Unaudited accounts Contents
Page
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Feature One Limited Company Information for the year ended 31 May 2023
Directors
Mr E J Tull Mr B P O'Connor
Company Number
06248118 (England and Wales)
Registered Office
Stour Space Studio 14/15 London E3 2PA United Kingdom
Accountants
Wyatts Partnership Ltd 247 Church Street London N16 9HP
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Feature One Limited Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
370 
Current assets
Debtors
16 
- 
Cash at bank and in hand
485 
4,163 
501 
4,163 
Creditors: amounts falling due within one year
(4,782)
(5,876)
Net current liabilities
(4,281)
(1,713)
Net liabilities
(4,281)
(1,343)
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
(5,281)
(2,343)
Shareholders' funds
(4,281)
(1,343)
For the year ending 31 May 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 2 February 2024 and were signed on its behalf by
Mr B P O'Connor Director Company Registration No. 06248118
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Feature One Limited Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
Feature One Limited is a private company, limited by shares, registered in England and Wales, registration number 06248118. The registered office is Stour Space, Studio 14/15, London, E3 2PA, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight Line
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 June 2022
5,610 
At 31 May 2023
5,610 
Depreciation
At 1 June 2022
5,240 
Charge for the year
370 
At 31 May 2023
5,610 
Net book value
At 31 May 2023
- 
At 31 May 2022
370 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
16 
- 
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Feature One Limited Notes to the Accounts for the year ended 31 May 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
- 
294 
Taxes and social security
- 
1,911 
Loans from directors
3,282 
2,171 
Accruals
1,500 
1,500 
4,782 
5,876 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000 
1,000 
8
Controlling party
The Company was under the control of Mr E J Tull and Mr B P O'Connor throughout the current and previous year. Mr Mr Tull and Mr O'Connor are the managing directors and majority shareholders No transactions with related parties were undertaken such as are required to be declared under the Financial Reporting Standards for Smaller Entities effective January 2015
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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