ONESTOPSAVING.COM LIMITED 14862511 false 2023-05-11 2024-05-31 2024-05-31 The principal activity of the company is 63990 - Other information service activities not elsewhere classified Digita Accounts Production Advanced 6.30.9574.0 true 14862511 2023-05-11 2024-05-31 14862511 2024-05-31 14862511 core:RetainedEarningsAccumulatedLosses 2024-05-31 14862511 core:ShareCapital 2024-05-31 14862511 core:CurrentFinancialInstruments core:WithinOneYear 2024-05-31 14862511 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-05-31 14862511 bus:SmallEntities 2023-05-11 2024-05-31 14862511 bus:AuditExemptWithAccountantsReport 2023-05-11 2024-05-31 14862511 bus:FilletedAccounts 2023-05-11 2024-05-31 14862511 bus:SmallCompaniesRegimeForAccounts 2023-05-11 2024-05-31 14862511 bus:RegisteredOffice 2023-05-11 2024-05-31 14862511 bus:Director1 2023-05-11 2024-05-31 14862511 bus:PrivateLimitedCompanyLtd 2023-05-11 2024-05-31 14862511 core:ComputerSoftware 2023-05-11 2024-05-31 14862511 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-05-11 2024-05-31 14862511 countries:EnglandWales 2023-05-11 2024-05-31 iso4217:GBP xbrli:pure

Registration number: 14862511

ONESTOPSAVING.COM LIMITED

Annual Report and Unaudited Financial Statements- Companies house filing

for the Period from 11 May 2023 to 31 May 2024

 

ONESTOPSAVING.COM LIMITED

Contents

Statement of Financial Position

1

Notes to the Unaudited Financial Statements

2 to 3

 

ONESTOPSAVING.COM LIMITED

(Registration number: 14862511)
Statement of Financial Position as at 31 May 2024

Note

2024
£

Fixed assets

 

Intangible assets

4

9,000

Current assets

 

Cash at bank and in hand

 

589

Creditors: Amounts falling due within one year

5

(17,706)

Net current liabilities

 

(17,117)

Net liabilities

 

(8,117)

Capital and reserves

 

Called up share capital

1,000

Profit and loss account

(9,117)

Shareholders' deficit

 

(8,117)

For the financial period ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the Board on 4 February 2025 and signed on its behalf by:
 

.........................................
P Troy
Director

 

ONESTOPSAVING.COM LIMITED

Notes to the Unaudited Financial Statements for the Period from 11 May 2023 to 31 May 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is: 30 Lawn Crescent, Richmond, Surrey, TW9 3NS.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class

Amortisation method and rate

Website development

Over 5 years

Trade debtors

Short term debtors are measured at transaction price, less any impairment.

Cash and cash equivalents

Cash is represented by cash in hand and bank deposits.

Trade creditors

Short term creditors are measured at the transaction price.

Provisions

Provisions are recognised when the company has an obligation at the reporting date as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

 

ONESTOPSAVING.COM LIMITED

Notes to the Unaudited Financial Statements for the Period from 11 May 2023 to 31 May 2024

Employee benefits

Short-term employee benefits are recognised as an expense in the period which they are incurred.

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 0.

4

Intangible assets

Internally generated software development costs
 £

Total
£

Cost or valuation

Additions acquired separately

10,000

10,000

At 31 May 2024

10,000

10,000

Amortisation

Amortisation charge

1,000

1,000

At 31 May 2024

1,000

1,000

Carrying amount

At 31 May 2024

9,000

9,000

5

Creditors

Creditors: amounts falling due within one year

2024
£

Accruals and deferred income

1,680

Other creditors

16,026

17,706