Company Registration No. SC530108 (Scotland)
ONE MIND MARTIAL ARTS ACADEMY LTD
Unaudited accounts
for the year ended 31 March 2024
ONE MIND MARTIAL ARTS ACADEMY LTD
Unaudited accounts
Contents
ONE MIND MARTIAL ARTS ACADEMY LTD
Company Information
for the year ended 31 March 2024
Directors
John Edmiston
Abigail Edmiston
Company Number
SC530108 (Scotland)
Registered Office
100 EASTER BANKTON
LIVINGSTON
WEST LOTHIAN
EH54 9BG
UNITED KINGDOM
ONE MIND MARTIAL ARTS ACADEMY LTD
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
3,586
4,033
Creditors: amounts falling due within one year
(850)
(1,508)
Net current assets
3,236
3,025
Total assets less current liabilities
3,236
3,025
Creditors: amounts falling due after more than one year
(7,217)
(10,630)
Net liabilities
(3,981)
(7,605)
Called up share capital
4
4
Profit and loss account
(3,985)
(7,609)
Shareholders' funds
(3,981)
(7,605)
For the year ending 31 March 2024 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 9 August 2024 and were signed on its behalf by
John Edmiston
Director
Company Registration No. SC530108
ONE MIND MARTIAL ARTS ACADEMY LTD
Notes to the Accounts
for the year ended 31 March 2024
ONE MIND MARTIAL ARTS ACADEMY LTD is a private company, limited by shares, registered in Scotland, registration number SC530108. The registered office is 100 EASTER BANKTON, LIVINGSTON, WEST LOTHIAN, EH54 9BG, UNITED KINGDOM.
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
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
850
1,508
Included within other creditors are loans from directors for £6,114
ONE MIND MARTIAL ARTS ACADEMY LTD
Notes to the Accounts
for the year ended 31 March 2024
6
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
4 Ordinary shares A of £1 each
4
4
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).