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REGISTERED NUMBER: 12240227 (England and Wales)















Oneragtime Woonivers Limited

Unaudited Financial Statements for the Year Ended 31 October 2023






Oneragtime Woonivers Limited (Registered number: 12240227)






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




Page

Chartered Accountants' Report 1

Balance Sheet 2

Notes to the Financial Statements 3


Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Oneragtime Woonivers Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Oneragtime Woonivers Limited for the year ended 31 October 2023 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Oneragtime Woonivers Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Oneragtime Woonivers Limited and state those matters that we have agreed to state to the director of Oneragtime Woonivers Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Oneragtime Woonivers Limited and its director for our work or for this report.

It is your duty to ensure that Oneragtime Woonivers Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Oneragtime Woonivers Limited. You consider that Oneragtime Woonivers Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Oneragtime Woonivers Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Haggards Crowther LLP
Chartered Accountants
2nd Floor, Heathmans House
19 Heathmans Road
London
SW6 4TJ


9 April 2024

Oneragtime Woonivers Limited (Registered number: 12240227)

Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes €    €    €    €   
FIXED ASSETS
Investments 4 117,325 106,699

CURRENT ASSETS
Debtors 5 7,857 6,996
Cash in hand 1,078 1,004
8,935 8,000
CREDITORS
Amounts falling due within one year 6 7,857 6,996
NET CURRENT ASSETS 1,078 1,004
TOTAL ASSETS LESS CURRENT
LIABILITIES

118,403

107,703

CAPITAL AND RESERVES
Called up share capital 7 1,544 1,534
Share premium 8 543,656 532,966
Retained earnings 8 (426,797 ) (426,797 )
SHAREHOLDERS' FUNDS 118,403 107,703

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 9 April 2024 and were signed by:





Mrs S C Hospital - Director


Oneragtime Woonivers Limited (Registered number: 12240227)

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

1. STATUTORY INFORMATION

OneRagtime Woonivers Ltd is a private company, limited by shares, registered in England and Wales. The company's registered number is 12240227 and its registered address is 5 Fleet Place, London, EC4M 7RD.

The presentation currency of the financial statements is the Euro (€).

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

Significant judgements and estimates
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. In the opinion of the directors there are no judgements or key sources of estimation uncertainty that affect the preparation of the financial statements.

Turnover
Turnover is recognised as management fees equal to the professional fees incurred during the year under review.

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.

Investments
Where possible, equity investments are valued in accordance with IPEVC (International Private Equity & Venture Capital) valuation guidelines, otherwise they are valued at cost less impairments.

As the investments are not listed, the valuation is based on the last issued share price and where investments are revalued upwards, the value does not reflect any performance fee due.

Oneragtime Woonivers Limited (Registered number: 12240227)

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

2. ACCOUNTING POLICIES - continued

Going concern
The director has considered a period of at least 12 months from the date of these financial statements. The going concern status of the company is intrinsically linked to the performance of the company into which the investment shown at note 4 to the financial statements has been placed.

In December 2022 the target company raised additional capital by way of an equity issue and the going concern status of the company has been under view since.

The director considers the going concern status of OneRagtime Woonivers Ltd to remain appropriate for a period of 12 months from the date of approval based on the capital needs of the target company having been met.

3. EMPLOYEES AND DIRECTORS

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

4. FIXED ASSET INVESTMENTS
Other
investments
€   
COST
At 1 November 2022 106,699
Additions 10,626
At 31 October 2023 117,325
NET BOOK VALUE
At 31 October 2023 117,325
At 31 October 2022 106,699

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
€    €   
Other debtors 7,857 6,996

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
€    €   
Other creditors 7,857 6,996

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.23 31.10.22
value: €    €   
5,444 Ordinary €0.10 544 534
1,000 Ordinary A €1.00 1,000 1,000
1,544 1,534

Oneragtime Woonivers Limited (Registered number: 12240227)

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

8. RESERVES
Retained Share
earnings premium Totals
€    €    €   

At 1 November 2022 (426,797 ) 532,966 106,169
Profit for the year - -
Share issue - 10,690 10,690
At 31 October 2023 (426,797 ) 543,656 116,859

9. ULTIMATE CONTROLLING PARTY

The immediate and ultimate parent undertaking of the company is OneRagtime Venture Cloud a company incorporated in France with registered number SIREN 831125364 and trading address 60 Rue de Londres, Paris, 75008, France.

The ultimate controlling party is Mrs S C Hospital