ONESCO LTD

Company Registration Number:
SC448334 (Scotland)

Unaudited abridged accounts for the year ended 30 April 2024

Period of accounts

Start date: 01 May 2023

End date: 30 April 2024

ONESCO LTD

Contents of the Financial Statements

for the Period Ended 30 April 2024

Balance sheet
Notes

ONESCO LTD

Balance sheet

As at 30 April 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 48,756 11,774
Total fixed assets: 48,756 11,774
Current assets
Debtors: 4 69,816 134,096
Cash at bank and in hand: 64,328 54,645
Total current assets: 134,144 188,741
Creditors: amounts falling due within one year: 5 (105,330) (120,239)
Net current assets (liabilities): 28,814 68,502
Total assets less current liabilities: 77,570 80,276
Creditors: amounts falling due after more than one year: 6 (37,520) (21,119)
Provision for liabilities: (9,264) (2,237)
Total net assets (liabilities): 30,786 56,920
Capital and reserves
Called up share capital: 2,000 2,000
Profit and loss account: 28,786 54,920
Shareholders funds: 30,786 56,920

The notes form part of these financial statements

ONESCO LTD

Balance sheet statements

For the year ending 30 April 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 23 December 2024
and signed on behalf of the board by:

Name: Richard Mackay O'Neill
Status: Director

The notes form part of these financial statements

ONESCO LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

ONESCO LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

2. Employees

2024 2023
Average number of employees during the period 12 12

ONESCO LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Tangible Assets

Total
Cost £
At 01 May 2023 24,443
Additions 59,912
Disposals (11,398)
At 30 April 2024 72,957
Depreciation
At 01 May 2023 12,669
Charge for year 16,518
On disposals (4,986)
At 30 April 2024 24,201
Net book value
At 30 April 2024 48,756
At 30 April 2023 11,774

ONESCO LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Debtors

Trade debtors £69,694 (2023 - £134,016) Other debtors £122 (2023 - £80)

ONESCO LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

5. Creditors: amounts falling due within one year note

Bank loans 2024 - £5,200 2023 - £4,919 Trade creditors 8,336 18,631 Taxation and soc sec 50,898 72,544 Other creditors 40,896 24,145 Total 105,330 120,239

ONESCO LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

6. Creditors: amounts falling due after more than one year note

Bank loan 2024 - £6,467 2023 - £11,748 Other creditors 31,053 9,371 Total 37,520 21,119

ONESCO LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

7. Loans to directors

Included in other creditors are loans to the directors of £14,071 (2023 - £2,638). The loans are interest free and repayable on demand.