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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
Page
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ONE GENERATION LIMITED Company Information for the year ended 30 April 2024
Director
Tal Fox Schwartz
Secretary
James Gear
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
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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
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ONE GENERATION LIMITED Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
319 
935 
Current assets
Inventories
6,670 
9,742 
Debtors
30,742 
38,575 
Cash at bank and in hand
6,051 
3,348 
43,463 
51,665 
Creditors: amounts falling due within one year
(48,888)
(52,359)
Net current liabilities
(5,425)
(694)
Net (liabilities)/assets
(5,106)
241 
Capital and reserves
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
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ONE GENERATION LIMITED Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
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.
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:
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 May 2023
1,848 
At 30 April 2024
1,848 
Depreciation
At 1 May 2023
913 
Charge for the year
616 
At 30 April 2024
1,529 
Net book value
At 30 April 2024
319 
At 30 April 2023
935 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
542 
- 
Trade debtors
30,100 
38,475 
Other debtors
100 
100 
30,742 
38,575 
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ONE GENERATION LIMITED Notes to the Accounts for the year ended 30 April 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
- 
2,783 
Trade creditors
220 
1,167 
Taxes and social security
299 
92 
Other creditors
42,762 
41,762 
Loans from directors
5,607 
6,555 
48,888 
52,359 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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