Company Registration No. 04774026 (England and Wales)
One Developments Ltd
Unaudited accounts
for the year ended 31 July 2023
One Developments Ltd
Unaudited accounts
Contents
One Developments Ltd
Company Information
for the year ended 31 July 2023
Director
Mohammed Yusuf Zaman
Company Number
04774026 (England and Wales)
Registered Office
245C HECKMONDWIKE ROAD
DEWSBURY
WEST YORKSHIRE
WF13 3NF
Accountants
AMS Accountants SBU Ltd
Wesley Place
Wellington Road
Dewsbury
WF13 1HD
One Developments Ltd
Statement of financial position
as at 31 July 2023
Tangible assets
198,741
205,624
Cash at bank and in hand
406
4,717
Creditors: amounts falling due within one year
(111,214)
(266,622)
Net current liabilities
(102,625)
(103,629)
Called up share capital
2
2
Profit and loss account
96,114
101,993
Shareholders' funds
96,116
101,995
For the year ending 31 July 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 30 July 2024 and were signed on its behalf by
Mohammed Yusuf Zaman
Director
Company Registration No. 04774026
One Developments Ltd
Notes to the Accounts
for the year ended 31 July 2023
One Developments Ltd is a private company, limited by shares, registered in England and Wales, registration number 04774026. The registered office is 245C HECKMONDWIKE ROAD, DEWSBURY, WEST YORKSHIRE, WF13 3NF.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 August 2022
247,563
30,922
278,485
At 31 July 2023
247,563
30,922
278,485
At 1 August 2022
53,820
19,041
72,861
Charge for the year
3,875
3,008
6,883
At 31 July 2023
57,695
22,049
79,744
At 31 July 2023
189,868
8,873
198,741
At 31 July 2022
193,743
11,881
205,624
Amounts falling due within one year
Trade debtors
5,956
36,000
Other debtors
2,227
122,276
One Developments Ltd
Notes to the Accounts
for the year ended 31 July 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
25,674
143,170
Taxes and social security
-
(1,170)
Other creditors
12,184
3,300
Loans from directors
73,356
121,322
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).