Company Registration No. 12385415 (England and Wales)
ONFLO LIMITED
Unaudited accounts
for the year ended 31 January 2024
ONFLO LIMITED
Unaudited accounts
Contents
ONFLO LIMITED
Company Information
for the year ended 31 January 2024
Company Number
12385415 (England and Wales)
Registered Office
4 KING STREET
SPENNYMOOR
DL16 6QG
ENGLAND
Accountants
Fresh Business Solutions Limited
4 King Street
Spennymoor
Durham
DL16 6QG
ONFLO LIMITED
Statement of financial position
as at 31 January 2024
Tangible assets
20,359
23,311
Cash at bank and in hand
45,930
32,603
Creditors: amounts falling due within one year
(49,295)
(38,107)
Net current assets
9,681
271
Total assets less current liabilities
30,040
23,582
Creditors: amounts falling due after more than one year
(21,551)
(29,950)
Net assets/(liabilities)
8,489
(6,368)
Profit and loss account
8,489
(6,368)
Shareholders' funds
8,489
(6,368)
For the year ending 31 January 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 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 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 and authorised for issue on 30 August 2024 and were signed on its behalf by
Anthony Meek
Director
Company Registration No. 12385415
ONFLO LIMITED
Notes to the Accounts
for the year ended 31 January 2024
ONFLO LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12385415. The registered office is 4 KING STREET, SPENNYMOOR, DL16 6QG, ENGLAND.
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
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2023
5,589
28,889
-
34,478
At 31 January 2024
5,882
28,889
266
35,037
At 1 February 2023
2,016
9,151
-
11,167
Charge for the year
513
2,961
37
3,511
At 31 January 2024
2,529
12,112
37
14,678
At 31 January 2024
3,353
16,777
229
20,359
At 31 January 2023
3,573
19,738
-
23,311
Amounts falling due within one year
ONFLO LIMITED
Notes to the Accounts
for the year ended 31 January 2024
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
29,330
21,685
Taxes and social security
6,177
4,270
Loans from directors
9,124
12,077
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
9,399
13,415
8
Average number of employees
During the year the average number of employees was 3 (2023: 2).