Company Registration No. 12579127 (England and Wales)
ONE GENERATION LIMITED
Unaudited accounts
for the year ended 30 April 2024
ONE GENERATION LIMITED
Unaudited accounts
Contents
ONE GENERATION LIMITED
Company Information
for the year ended 30 April 2024
Company Number
12579127 (England and Wales)
Registered Office
GLOUCESTER HOUSE
399 SILBURY BOULEVARD
MILTON KEYNES
MK9 2AH
ENGLAND
Accountants
CFO360 Advisors Ltd
483 Green Lanes
London
N13 4BS
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of ONE GENERATION LIMITED for the year ended 30 April 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
ONE GENERATION LIMITED for the year ended
30 April 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
CFO360 Advisors Ltd
Chartered Accountants
483 Green Lanes
London
N13 4BS
13 January 2025
ONE GENERATION LIMITED
Statement of financial position
as at 30 April 2024
Cash at bank and in hand
6,051
3,348
Creditors: amounts falling due within one year
(48,888)
(52,359)
Net current liabilities
(5,425)
(694)
Net (liabilities)/assets
(5,106)
241
Called up share capital
100
100
Profit and loss account
(5,206)
141
Shareholders' funds
(5,106)
241
For the year ending 30 April 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 her 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 13 January 2025 and were signed on its behalf by
Tal Fox Schwartz
Director
Company Registration No. 12579127
ONE GENERATION LIMITED
Notes to the Accounts
for the year ended 30 April 2024
ONE GENERATION LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12579127. The registered office is GLOUCESTER HOUSE, 399 SILBURY BOULEVARD, MILTON KEYNES, MK9 2AH, 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
Computer equipment
Amounts falling due within one year
Trade debtors
30,100
38,475
ONE GENERATION LIMITED
Notes to the Accounts
for the year ended 30 April 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
299
92
Other creditors
42,762
41,762
Loans from directors
5,607
6,555
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).