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Company Registration No. 11205670 (England and Wales)
ONETRUELOVE LTD Unaudited accounts for the year ended 31 March 2024
ONETRUELOVE LTD Unaudited accounts Contents
Page
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ONETRUELOVE LTD Company Information for the year ended 31 March 2024
Director
Mr M East
Company Number
11205670 (England and Wales)
Registered Office
5 Juniper Road Alfold Cranleigh Surrey GU6 8UN
Accountants
SQK Accountancy Limited Use.Space Paddock St Manchester North West England M12 6PN
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ONETRUELOVE LTD Accountants' report
Accountants' report to the director of ONETRUELOVE LTD on the preparation of the unaudited statutory accounts for the year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of ONETRUELOVE LTD for the year ended 31 March 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of ONETRUELOVE LTD, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of ONETRUELOVE LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than ONETRUELOVE LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that ONETRUELOVE LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of ONETRUELOVE LTD. You consider that ONETRUELOVE LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of ONETRUELOVE LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
SQK Accountancy Limited Use.Space Paddock St Manchester North West England M12 6PN 9 September 2024
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ONETRUELOVE LTD Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
930 
2,341 
Current assets
Cash at bank and in hand
890 
1,451 
Creditors: amounts falling due within one year
(113)
(206)
Net current assets
777 
1,245 
Net assets
1,707 
3,586 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
1,706 
3,585 
Shareholders' funds
1,707 
3,586 
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 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 9 September 2024 and were signed on its behalf by
Mr M East Director Company Registration No. 11205670
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ONETRUELOVE LTD Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
ONETRUELOVE LTD is a private company, limited by shares, registered in England and Wales, registration number 11205670. The registered office is 5 Juniper Road, Alfold, Cranleigh, Surrey, GU6 8UN.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
25% Straight line
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 April 2023
6,068 
At 31 March 2024
6,068 
Depreciation
At 1 April 2023
3,727 
Charge for the year
1,411 
At 31 March 2024
5,138 
Net book value
At 31 March 2024
930 
At 31 March 2023
2,341 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
10 
2 
Taxes and social security
- 
204 
Loans from directors
103 
- 
113 
206 
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ONETRUELOVE LTD Notes to the Accounts for the year ended 31 March 2024
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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