Acorah Software Products - Accounts Production 15.0.400 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 11097940 Mr Julian James iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11097940 2022-12-31 11097940 2023-12-31 11097940 2023-01-01 2023-12-31 11097940 frs-core:CurrentFinancialInstruments 2023-12-31 11097940 frs-core:ComputerEquipment 2023-12-31 11097940 frs-core:ComputerEquipment 2023-01-01 2023-12-31 11097940 frs-core:ComputerEquipment 2022-12-31 11097940 frs-core:PlantMachinery 2023-12-31 11097940 frs-core:PlantMachinery 2023-01-01 2023-12-31 11097940 frs-core:PlantMachinery 2022-12-31 11097940 frs-core:ShareCapital 2023-12-31 11097940 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 11097940 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 11097940 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 11097940 frs-bus:SmallEntities 2023-01-01 2023-12-31 11097940 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 11097940 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 11097940 frs-bus:Director1 2023-01-01 2023-12-31 11097940 frs-countries:EnglandWales 2023-01-01 2023-12-31 11097940 2021-12-31 11097940 2022-12-31 11097940 2022-01-01 2022-12-31 11097940 frs-core:CurrentFinancialInstruments 2022-12-31 11097940 frs-core:ShareCapital 2022-12-31 11097940 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 11097940
Oneworld Instech Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Richard Riley & Associates Ltd
Unit 37d Monument Park
Chalgrove
Oxford
Oxfordshire
OX44 7RW
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11097940
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 449 900
449 900
CURRENT ASSETS
Debtors 5 16,500 6,168
Cash at bank and in hand 22,134 4,489
38,634 10,657
Creditors: Amounts Falling Due Within One Year 6 (387,413 ) (358,160 )
NET CURRENT ASSETS (LIABILITIES) (348,779 ) (347,503 )
TOTAL ASSETS LESS CURRENT LIABILITIES (348,330 ) (346,603 )
NET LIABILITIES (348,330 ) (346,603 )
CAPITAL AND RESERVES
Called up share capital 7 74 74
Profit and Loss Account (348,404 ) (346,677 )
SHAREHOLDERS' FUNDS (348,330) (346,603)
Page 1
Page 2
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 member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Julian James
Director
30th July 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Oneworld Instech Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11097940 . The registered office is Unit 37d Monument Business Park, Warpsgrove Lane, Chalgrove, OX44 7RW.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 33.3% on a straight line basis
Computer Equipment 33% on a straight line basis
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2022: 3)
3 3
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 January 2023 3,492 1,350 4,842
As at 31 December 2023 3,492 1,350 4,842
Depreciation
As at 1 January 2023 3,492 450 3,942
Provided during the period - 451 451
As at 31 December 2023 3,492 901 4,393
Net Book Value
As at 31 December 2023 - 449 449
As at 1 January 2023 - 900 900
5. Debtors
2023 2022
£ £
Due within one year
Rent Deposit (2,777 ) -
VAT 19,179 6,168
Net wages 98 -
16,500 6,168
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors (1 ) -
Other taxes and social security 38,722 9,433
Pension payable (1,675 ) 1,054
Accruals and deferred income 3,844 1,150
Amounts owed to group undertakings 346,523 346,523
387,413 358,160
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 74 74
Page 4