ONEPLACE SOLUTIONS LIMITED

Company Registration Number:
13694268 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2023

Period of accounts

Start date: 01 November 2022

End date: 31 October 2023

ONEPLACE SOLUTIONS LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2023

Company Information - 3
Profit and Loss Account - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

ONEPLACE SOLUTIONS LIMITED

Company Information

for the Period Ended 31 October 2023




Registered office: 14
Victoria Road
Tamworth
England
B79 7HL
Company Registration Number: 13694268 (England and Wales)

ONEPLACE SOLUTIONS LIMITED

Profit and Loss Account

for the Period Ended 31 October 2023


Notes

2023
£

2022
£
Turnover 4,503,035 0
Cost of sales ( 3,790,016 ) -
Gross Profit or (Loss) 713,019 0
Administrative Expenses ( 526,506 ) -
Operating Profit or (Loss) 186,513 0
Profit or (Loss) Before Tax 186,513 0
Tax on Profit ( 41,446 ) -
Profit or (Loss) for Period 145,067 0

The notes form part of these financial statements

ONEPLACE SOLUTIONS LIMITED

Balance sheet

As at 31 October 2023


Notes

2023
£

2022
£
Fixed assets
Total fixed assets: - -
Current assets
Debtors: 4 868,907
Cash at bank and in hand: 47,907 2
Total current assets: 916,814 2
Prepayments and accrued income: 47,792
Creditors: amounts falling due within one year: 5 ( 725,195 )
Net current assets (liabilities): 239,411 2
Total assets less current liabilities: 239,411 2
Accruals and deferred income: ( 144,673 )
Total net assets (liabilities): 94,738 2

The notes form part of these financial statements

ONEPLACE SOLUTIONS LIMITED

Balance sheet continued

As at 31 October 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 94,736
Shareholders funds: 94,738 2

For the year ending 31 October 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 1 May 2024
And Signed On Behalf Of The Board By:

Name: Claire Shaw
Status: Director

The notes form part of these financial statements

ONEPLACE SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

    When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income.

    Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably . The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.

ONEPLACE SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 6 0

    Employees employed from July 2023

ONEPLACE SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 3. Off balance sheet disclosure

    No

ONEPLACE SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Debtors


2023
£

2022
£
Trade debtors 868,907
Total 868,907

Included in trade debtors are amounts totalling £868,907 that are subject to debt factoring

ONEPLACE SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

5.Creditors: amounts falling due within one year note


2023
£

2022
£
Trade creditors 11,841
Taxation and social security 92,869
Other creditors 620,485
Total 725,195

Other creditors were secured by a fixed and floating charge over the assets of the company