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Company Registration No. 11579428 (England and Wales)
On Time Personnel Ltd Unaudited accounts for the year ended 31 December 2023
On Time Personnel Ltd Unaudited accounts Contents
Page
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On Time Personnel Ltd Company Information for the year ended 31 December 2023
Director
E N Ford
Company Number
11579428 (England and Wales)
Registered Office
THE CORNER HOUSE 4, BEAUMONT ROAD CHURCH STRETTON SHROPSHIRE SY6 6BN ENGLAND
Accountants
S A Acc'y Ltd The Corner House 4 Beaumont Road Church Stretton Shropshire SY6 6BN
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On Time Personnel Ltd Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,496 
3,744 
Current assets
Debtors
7,962 
81,267 
Cash at bank and in hand
114 
1,253 
8,076 
82,520 
Creditors: amounts falling due within one year
(31,854)
(55,804)
Net current (liabilities)/assets
(23,778)
26,716 
Total assets less current liabilities
(21,282)
30,460 
Provisions for liabilities
Deferred tax
(474)
(711)
Net (liabilities)/assets
(21,756)
29,749 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(21,757)
29,748 
Shareholders' funds
(21,756)
29,749 
For the year ending 31 December 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 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 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 and authorised for issue on 28 March 2024 and were signed on its behalf by
E N Ford Director Company Registration No. 11579428
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On Time Personnel Ltd Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
On Time Personnel Ltd is a private company, limited by shares, registered in England and Wales, registration number 11579428. The registered office is THE CORNER HOUSE, 4, BEAUMONT ROAD, CHURCH STRETTON, SHROPSHIRE, SY6 6BN, ENGLAND.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
20% per annum on cost
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2023
6,240 
At 31 December 2023
6,240 
Depreciation
At 1 January 2023
2,496 
Charge for the year
1,248 
At 31 December 2023
3,744 
Net book value
At 31 December 2023
2,496 
At 31 December 2022
3,744 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
7,746 
- 
Trade debtors
216 
81,267 
7,962 
81,267 
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On Time Personnel Ltd Notes to the Accounts for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
- 
16,067 
Trade creditors
3,212 
3,213 
Taxes and social security
- 
3,732 
Loans from directors
27,647 
31,147 
Accruals
995 
1,645 
31,854 
55,804 
Innovation Finance Ltd have a Fixed and Floating charge, registered at Companies House on 26th February 2019.
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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