Company Registration No. 11797400 (England and Wales)
Onlyus Enterprises UK Ltd
Unaudited accounts
for the year ended 31 January 2024
Onlyus Enterprises UK Ltd
Unaudited accounts
Contents
Onlyus Enterprises UK Ltd
Company Information
for the year ended 31 January 2024
Company Number
11797400 (England and Wales)
Registered Office
28 ST. Nicholas Road
Oxford
OX4 4PP
United Kingdom
Accountants
ABR Chartered Accountants
37th Floor
Canada Square
London
E14 5AA
Onlyus Enterprises UK Ltd
Statement of financial position
as at 31 January 2024
Tangible assets
1,092
1,508
Inventories
306,042
231,524
Cash at bank and in hand
45,404
3,059
Creditors: amounts falling due within one year
(328,980)
(254,953)
Net current assets
115,564
36,330
Total assets less current liabilities
116,656
37,838
Creditors: amounts falling due after more than one year
(79,167)
(35,417)
Called up share capital
100
100
Profit and loss account
37,389
2,321
Shareholders' funds
37,489
2,421
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 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 15 June 2024 and were signed on its behalf by
Qaiser Naveed
Director
Company Registration No. 11797400
Onlyus Enterprises UK Ltd
Notes to the Accounts
for the year ended 31 January 2024
Onlyus Enterprises UK Ltd is a private company, limited by shares, registered in England and Wales, registration number 11797400. The registered office is 28 ST. Nicholas Road, Oxford, OX4 4PP, 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:
Fixtures & fittings
25% reducing balance
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2023
1,850
624
2,474
At 31 January 2024
1,850
624
2,474
At 1 February 2023
810
156
966
Charge for the year
260
156
416
At 31 January 2024
1,070
312
1,382
At 31 January 2024
780
312
1,092
At 31 January 2023
1,040
468
1,508
Amounts falling due within one year
Trade debtors
18,098
31,700
Accrued income and prepayments
75,000
25,000
Onlyus Enterprises UK Ltd
Notes to the Accounts
for the year ended 31 January 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
11,869
21,554
Obligations under finance leases and hire purchase contracts
10,394
-
Trade creditors
179,559
91,882
Taxes and social security
16,736
10,287
Other creditors
(11,199)
15,632
Loans from directors
131,323
111,684
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).