Company Registration No. 13116945 (England and Wales)
T1D ONELIFE LIMITED
Unaudited accounts
for the year ended 31 January 2024
T1D ONELIFE LIMITED
Unaudited accounts
Contents
T1D ONELIFE LIMITED
Company Information
for the year ended 31 January 2024
Directors
Mr A Wilson
Mrs D Wilson
Dr M Campbell
Company Number
13116945 (England and Wales)
Registered Office
Argent House
Hook Rise South
Surbiton
Surrey
KT6 7LD
United Kingdom
T1D ONELIFE LIMITED
Statement of financial position
as at 31 January 2024
Cash at bank and in hand
40
264
Creditors: amounts falling due within one year
(6,877)
(9,650)
Net current liabilities
(6,837)
(9,386)
Net liabilities
(6,541)
(9,053)
Called up share capital
13
13
Profit and loss account
(6,554)
(9,066)
Shareholders' funds
(6,541)
(9,053)
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 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 18 October 2024 and were signed on its behalf by
Mr A Wilson
Director
Company Registration No. 13116945
T1D ONELIFE LIMITED
Notes to the Accounts
for the year ended 31 January 2024
T1D ONELIFE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13116945. The registered office is Argent House, Hook Rise South, Surbiton, Surrey, KT6 7LD, 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.
These financial statements for the year ended 31 January 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 February 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
T1D ONELIFE LIMITED
Notes to the Accounts
for the year ended 31 January 2024
5
Creditors: amounts falling due within one year
2024
2023
Loans from directors
6,836
4,674
6
Transactions with related parties
At the start of the year A Wilson was owed £4,673, advances during the year were £2,163. At the year end A Wilson was owed £6,836. This amount is included in 'Loans from Directors' in the creditors note. The loan is interest free.
At the start of the year Ambly Accountants Ltd a company owned by A Wilson and D Wilson was owed £4,950. During the year this amount has been written off.
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).