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REGISTERED NUMBER: 07909285 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

One53 Limited

One53 Limited (Registered number: 07909285)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


One53 Limited

Company Information
for the Year Ended 31 January 2024







DIRECTORS: G M Stewart
Dr A Stewart





REGISTERED OFFICE: Ground Floor
Marlborough House
298 Regents Park Road
London
N3 2SZ





REGISTERED NUMBER: 07909285 (England and Wales)






One53 Limited (Registered number: 07909285)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 1,162

CURRENT ASSETS
Debtors 5 20,537 2,402
Investments 6 - 144,928
Cash at bank - 19,863
20,537 167,193
CREDITORS
Amounts falling due within one year 7 - 2,708
NET CURRENT ASSETS 20,537 164,485
TOTAL ASSETS LESS CURRENT
LIABILITIES

20,537

165,647

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 20,535 165,645
20,537 165,647

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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.

One53 Limited (Registered number: 07909285)

Balance Sheet - continued
31 January 2024


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 7 February 2024 and were signed on its behalf by:





G M Stewart - Director


One53 Limited (Registered number: 07909285)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

One53 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 and 10% 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.

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 2 (2023 - 2 ) .

One53 Limited (Registered number: 07909285)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2023 8,192
Disposals (8,192 )
At 31 January 2024 -
DEPRECIATION
At 1 February 2023 7,030
Charge for year 283
Eliminated on disposal (7,313 )
At 31 January 2024 -
NET BOOK VALUE
At 31 January 2024 -
At 31 January 2023 1,162

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Other debtors 20,537 2,402

6. CURRENT ASSET INVESTMENTS
31.1.24 31.1.23
£    £   
Listed investments - 144,928

Listed investments are stated at cost. As at 31/01/24 the market value of the investments was NIL (2023 £78,869).

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Other creditors - 2,708