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Registered number: 13543208
One Way Holdings Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Sempar Accountancy and Tax Limited
Unit 3, Riverside 2
Campbell Road
Stoke on Trent
Staffordshire
ST4 4RJ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13543208
31 March 2024 31 March 2023
Notes £ £ £ £
FIXED ASSETS
Investments 4 190 95
190 95
CURRENT ASSETS
Debtors 5 95,706 200
Cash at bank and in hand 131 -
95,837 200
NET CURRENT ASSETS (LIABILITIES) 95,837 200
TOTAL ASSETS LESS CURRENT LIABILITIES 96,027 295
Creditors: Amounts Falling Due After More Than One Year 6 (95,601 ) -
NET ASSETS 426 295
CAPITAL AND RESERVES
Called up share capital 7 200 200
Profit and Loss Account 226 95
SHAREHOLDERS' FUNDS 426 295
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Page 2
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 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 Wayne Bennett
Director
5 September 2024
The notes on pages 3 to 4 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
One Way Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13543208 . The registered office is 25 Uttoxeter Road , Stoke-On-Trent, ST3 1NY.
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. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.3. Consolidation
The company has taken advantage of the option not to prepare consolidated financial statements on the basis that the company and its subsidiary undertaking comprise a small group as defined by Companies Act 2006.
2.4. Investments
Investment in subsidiaries are included at cost less impairment.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Investments
Unlisted
£
Cost
As at 1 April 2023 95
Additions 95
As at 31 March 2024 190
Provision
As at 1 April 2023 -
As at 31 March 2024 -
...CONTINUED
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Net Book Value
As at 31 March 2024 190
As at 1 April 2023 95
Investments include shares a wholly owned subsidiary, One Way Group Limited. The company is incorporated in England & Wales.
5. Debtors
31 March 2024 31 March 2023
£ £
Due within one year
Other debtors 100 100
Amounts owed by subsidiaries 95,606 100
95,706 200
6. Creditors: Amounts Falling Due After More Than One Year
31 March 2024 31 March 2023
£ £
Directors loan account 95,601 -
7. Share Capital
31 March 2024 31 March 2023
£ £
Allotted, Called up and fully paid 200 200
8. Directors Advances, Credits and Guarantees
Dividends paid to the director and their spouse in the year totalled £138,500 (2023: £21,100). 
9. Related Party Transactions
Dividends received from subsidiary companies in the year was £139,000 (2023: £21,200).
Included in debtors due within one year is a balance of £95,606 (2023: £100) owed by subsidiary companies. 
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