THE ONE NETWORK ALLIANCE LIMITED

Company Registration Number:
10866636 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 April 2023

End date: 31 March 2024

THE ONE NETWORK ALLIANCE LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Directors report
Balance sheet
Additional notes
Balance sheet notes

THE ONE NETWORK ALLIANCE LIMITED

Directors' report period ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Directors

The directors shown below have held office during the whole of the period from
1 April 2023 to 31 March 2024

J H Littlejohns
A B M S Rahman
M Sabry
Dr K Tamber
R Waring
Dr S M Zaman
M R Pollen
Dr R Ali


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
19 February 2025

And signed on behalf of the board by:
Name: Dr R Ali
Status: Director

THE ONE NETWORK ALLIANCE LIMITED

Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 1,319 1,978
Total fixed assets: 1,319 1,978
Current assets
Debtors: 4 0 1,689,650
Cash at bank and in hand: 1,646,119 575,661
Total current assets: 1,646,119 2,265,311
Creditors: amounts falling due within one year: 5 ( 1,651,030 ) ( 2,270,881 )
Net current assets (liabilities): (4,911) (5,570)
Total assets less current liabilities: (3,592) ( 3,592)
Total net assets (liabilities): (3,592) (3,592)
Capital and reserves
Called up share capital: 4 4
Profit and loss account: (3,596 ) (3,596 )
Total Shareholders' funds: ( 3,592 ) (3,592)

The notes form part of these financial statements

THE ONE NETWORK ALLIANCE LIMITED

Balance sheet statements

For the year ending 31 March 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.

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

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

This report was approved by the board of directors on 19 February 2025
and signed on behalf of the board by:

Name: Dr R Ali
Status: Director

The notes form part of these financial statements

THE ONE NETWORK ALLIANCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

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

    Tangible fixed assets depreciation policy

    Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

    Other accounting policies

    Basis of preparation The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity.

THE ONE NETWORK ALLIANCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

THE ONE NETWORK ALLIANCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2023 2,637 2,637
Additions
Disposals
Revaluations
Transfers
At 31 March 2024 2,637 2,637
Depreciation
At 1 April 2023 659 659
Charge for year 659 659
On disposals
Other adjustments
At 31 March 2024 1,318 1,318
Net book value
At 31 March 2024 1,319 1,319
At 31 March 2023 1,978 1,978

THE ONE NETWORK ALLIANCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Debtors

2024 2023
£ £
Trade debtors 0 1,689,650
Total 0 1,689,650

THE ONE NETWORK ALLIANCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 1,345,920 2,083,632
Other creditors 305,110 187,249
Total 1,651,030 2,270,881