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REGISTERED NUMBER: 07722948 (England and Wales)





UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2023

FOR

1TO1 GROUP LIMITED

PREVIOUSLY KNOWN AS
FLORES MUNDI LIMITED

1TO1 GROUP LIMITED (REGISTERED NUMBER: 07722948)
PREVIOUSLY KNOWN AS FLORES MUNDI LIMITED

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


1TO1 GROUP LIMITED
PREVIOUSLY KNOWN AS FLORES MUNDI LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2023







DIRECTORS: Mr J L Floor
Ms H S Floor





REGISTERED OFFICE: Unit 2B, Morelands Court
Hensting Lane
Fisher’s Pond
Winchester
Hampshire
SO50 7HH





REGISTERED NUMBER: 07722948 (England and Wales)





ACCOUNTANTS: Martin and Company
25 St Thomas Street
Winchester
Hampshire
SO23 9HJ

1TO1 GROUP LIMITED (REGISTERED NUMBER: 07722948)
PREVIOUSLY KNOWN AS FLORES MUNDI LIMITED

BALANCE SHEET
31ST DECEMBER 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 202,008 -
Tangible assets 5 6,471 -
208,479 -

CURRENT ASSETS
Debtors 6 406,573 3
Cash at bank 33,852 -
440,425 3
CREDITORS
Amounts falling due within one year 7 462,207 -
NET CURRENT (LIABILITIES)/ASSETS (21,782 ) 3
TOTAL ASSETS LESS CURRENT
LIABILITIES

186,697

3

CREDITORS
Amounts falling due after more than one
year

8

(162,634

)

-

PROVISIONS FOR LIABILITIES (1,109 ) -
NET ASSETS 22,954 3

CAPITAL AND RESERVES
Called up share capital 10 100 3
Retained earnings 22,854 -
SHAREHOLDERS' FUNDS 22,954 3

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2023 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.

1TO1 GROUP LIMITED (REGISTERED NUMBER: 07722948)
PREVIOUSLY KNOWN AS FLORES MUNDI LIMITED

BALANCE SHEET - continued
31ST DECEMBER 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2nd April 2024 and were signed on its behalf by:





Ms H S Floor - Director


1TO1 GROUP LIMITED (REGISTERED NUMBER: 07722948)
PREVIOUSLY KNOWN AS FLORES MUNDI LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023


1. STATUTORY INFORMATION

1to1 Group 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2023, is being amortised evenly over its estimated useful life of five years.

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 - Straight line over 3 years

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

1TO1 GROUP LIMITED (REGISTERED NUMBER: 07722948)
PREVIOUSLY KNOWN AS FLORES MUNDI LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2023


2. ACCOUNTING POLICIES - continued

Reporting period
The financial statements for the comparative period ending 31 December 2022 were shortened and covered a period of 6 months, during which the company was dormant.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 60 (2022 - NIL ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
Additions 231,904
At 31st December 2023 231,904
AMORTISATION
Charge for year 29,896
At 31st December 2023 29,896
NET BOOK VALUE
At 31st December 2023 202,008

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 7,700
At 31st December 2023 7,700
DEPRECIATION
Charge for year 1,229
At 31st December 2023 1,229
NET BOOK VALUE
At 31st December 2023 6,471

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 338,634 -
Other debtors 67,939 3
406,573 3

1TO1 GROUP LIMITED (REGISTERED NUMBER: 07722948)
PREVIOUSLY KNOWN AS FLORES MUNDI LIMITED

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2023


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 24,513 -
Taxation and social security 210,942 -
Other creditors 226,752 -
462,207 -

Other creditors totalling £48,200 (2022: £nil) are guaranteed by way of a joint and several personal guarantee given by the directors.

Other creditors totalling £65,350 (2022: £nil) relate to an invoice finance facility and are guaranteed by a fixed and floating charge over the assets of the business

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Other creditors 162,634 -

Other creditors totalling £162,634 (2022: £nil) are guaranteed by way of a joint and several personal guarantee given by the directors.

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.12.23 31.12.22
£    £   
Within one year 38,379 -
Between one and five years 98,522 -
136,901 -

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
25 Ordinary A shares 1 25 3
75 Ordinary B shares 1 75 -
100 3

The following shares were allotted and fully paid for cash at par during the year:

22 Ordinary A shares shares of 1 each
75 Ordinary B shares shares of 1 each