Company Registration No. 11106438 (England and Wales)
THE ONE VERSE LIMITED
Unaudited accounts
for the year ended 31 May 2024
THE ONE VERSE LIMITED
Unaudited accounts
Contents
THE ONE VERSE LIMITED
Company Information
for the year ended 31 May 2024
Director
Abdur Rob DEWAN-SYED
Company Number
11106438 (England and Wales)
Registered Office
116 MILE END ROAD
LONDON
E1 4UN
UNITED KINGDOM
Accountants
RK ACCOUNTANTS LTD
HALL 1 THE WHITECHAPEL CENTRE
85 MYRDLE STREET
LONDON
E1 1HL
THE ONE VERSE LIMITED
Statement of financial position
as at 31 May 2024
Tangible assets
102,275
103,079
Cash at bank and in hand
72,949
129,197
Creditors: amounts falling due within one year
(65,916)
(72,974)
Net current assets
18,186
70,847
Total assets less current liabilities
120,461
173,926
Creditors: amounts falling due after more than one year
(63,342)
(126,533)
Called up share capital
1
1
Profit and loss account
57,118
47,392
Shareholders' funds
57,119
47,393
For the year ending 31 May 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 11 October 2024 and were signed on its behalf by
Abdur Rob DEWAN-SYED
Director
Company Registration No. 11106438
THE ONE VERSE LIMITED
Notes to the Accounts
for the year ended 31 May 2024
THE ONE VERSE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11106438. The registered office is 116 MILE END ROAD, LONDON, E1 4UN, 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.
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
Charge for the year
10,838
Amounts falling due after more than one year
THE ONE VERSE LIMITED
Notes to the Accounts
for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
5,911
1,108
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
30,438
34,571
Taxes and social security
-
5,403
Loans from directors
2,356
54,356
8
Average number of employees
During the year the average number of employees was 15 (2023: 15).