Company Registration No. 11698089 (England and Wales)
Online Applications Limited
Unaudited accounts
for the year ended 30 November 2023
Online Applications Limited
Unaudited accounts
Contents
Online Applications Limited
Company Information
for the year ended 30 November 2023
Directors
Khaleel Adam
Mubashar Ullah
Company Number
11698089 (England and Wales)
Online Applications Limited
Statement of financial position
as at 30 November 2023
Tangible assets
58,375
37,541
Cash at bank and in hand
28,625
18,752
Creditors: amounts falling due within one year
(74,754)
(81,657)
Net current liabilities
(41,432)
(62,905)
Net assets/(liabilities)
16,943
(25,364)
Called up share capital
100
100
Capital contribution reserve
8,142
-
Profit and loss account
8,701
(25,464)
Shareholders' funds
16,943
(25,364)
For the year ending 30 November 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 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 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 of Directors and authorised for issue on 17 March 2024 and were signed on its behalf by
Khaleel Adam
Director
Company Registration No. 11698089
Online Applications Limited
Notes to the Accounts
for the year ended 30 November 2023
Online Applications Limited is a private company, limited by shares, registered in England and Wales, registration number 11698089.
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
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 December 2022
10,313
60,096
70,409
At 30 November 2023
10,313
95,058
105,371
At 1 December 2022
2,862
30,006
32,868
Charge for the year
1,118
13,010
14,128
At 30 November 2023
3,980
43,016
46,996
At 30 November 2023
6,333
52,042
58,375
At 30 November 2022
7,451
30,090
37,541
Amounts falling due after more than one year
Amounts due from group undertakings etc.
4,697
-
Online Applications Limited
Notes to the Accounts
for the year ended 30 November 2023
6
Creditors: amounts falling due within one year
2023
2022
Amounts owed to group undertakings and other participating interests
-
20,303
Other creditors
32,675
16,810
Loans from directors
34,062
34,060
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Average number of employees
During the year the average number of employees was 0 (2022: 0).