Registered number
08556921
ONEACAR LTD
Filleted Accounts
30 June 2024
ONEACAR LTD
Registered number: 08556921
Balance Sheet
as at 30 June 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 16,927 17,324
Current assets
Debtors 4 33,160 16,130
Cash at bank 58,777 86,807
91,937 102,937
Creditors: amounts falling due within one year 5 (25,612) (60,330)
Net current assets 66,325 42,607
Total assets less current liabilities 83,252 59,931
Creditors: amounts falling due after more than one year 6 (11,958) (15,993)
Net assets 71,294 43,938
Capital and reserves
Called up share capital 4 4
Profit and loss account 71,290 43,934
Shareholders' funds 71,294 43,938
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
P J Hobart
Director
Approved by the board on 13 August 2024
ONEACAR LTD
Notes to the Accounts
for the year ended 30 June 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Equipment 20% on the reducing balance basis
Motor vehicle 25% on the reducing balance basis
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Equipment Motor vehicle Total
£ £ £
Cost
At 1 July 2023 8,246 20,000 28,246
Additions 4,772 - 4,772
At 30 June 2024 13,018 20,000 33,018
Depreciation
At 1 July 2023 5,922 5,000 10,922
Charge for the year 1,419 3,750 5,169
At 30 June 2024 7,341 8,750 16,091
Net book value
At 30 June 2024 5,677 11,250 16,927
At 30 June 2023 2,324 15,000 17,324
4 Debtors 2024 2023
£ £
Trade debtors 33,160 16,130
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors and accruals 760 660
Taxation 24,757 27,518
Director's loan account 95 32,152
25,612 60,330
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loan 11,958 15,993
7 Other information
ONEACAR LTD is a private company limited by shares and incorporated in England. Its registered office is:
39 Sycamore Close
Fulwood
Preston
PR2 9NA
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