1 January 2024 false No description of principal activity Taxfiler 2024.6 07494671business:PrivateLimitedCompanyLtd2024-01-012024-12-31 074946712023-12-31 074946712024-01-012024-12-31 07494671business:AuditExemptWithAccountantsReport2024-01-012024-12-31 07494671business:FilletedAccounts2024-01-012024-12-31 074946712024-12-31 07494671business:Director12024-01-012024-12-31 07494671business:Director22024-01-012024-12-31 07494671business:CompanySecretary12024-01-012024-12-31 07494671business:RegisteredOffice2024-01-012024-12-31 074946712023-12-31 07494671core:WithinOneYear2024-12-31 07494671core:WithinOneYear2023-12-31 07494671core:AfterOneYear2024-12-31 07494671core:AfterOneYear2023-12-31 07494671core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 07494671core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 07494671core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 07494671core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 07494671core:PreviouslyStatedAmount2024-12-31 07494671core:PreviouslyStatedAmount2023-12-31 07494671business:SmallEntities2024-01-012024-12-31 07494671countries:EnglandWales2024-01-012024-12-31 07494671core:MotorVehicles2024-01-012024-12-31 07494671core:FurnitureFittings2024-01-012024-12-31 07494671core:ComputerEquipment2024-01-012024-12-31 07494671core:MotorVehicles2023-12-31 07494671core:FurnitureFittings2023-12-31 07494671core:ComputerEquipment2023-12-31 07494671core:MotorVehicles2024-12-31 07494671core:FurnitureFittings2024-12-31 07494671core:ComputerEquipment2024-12-31 07494671business:OrdinaryShareClass12024-01-012024-12-31 07494671business:OrdinaryShareClass12023-01-012023-12-31 07494671business:Director112024-01-012024-12-31 07494671business:Director112023-12-31 07494671business:Director112024-12-31 074946712023-01-012023-12-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 07494671 (England and Wales)
Only Just Ltd Unaudited accounts for the year ended 31 December 2024
Only Just Ltd Unaudited accounts Contents
Page
- 2 -
Only Just Ltd Company Information for the year ended 31 December 2024
Directors
B T Coleman T D Luong
Secretary
T D Luong
Company Number
07494671 (England and Wales)
Registered Office
7-8 St Alban Street 7-8 St. Alban Street Weymouth Dorset DT4 8BZ England
Accountants
Taxsense 203 West Street Fareham Hants PO16 0EN
- 3 -
Only Just Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
17,086 
20,263 
Current assets
Inventories
73,480 
62,322 
Debtors
152,986 
7,979 
Cash at bank and in hand
5,389 
38,072 
231,855 
108,373 
Creditors: amounts falling due within one year
(9,331)
(23,331)
Net current assets
222,524 
85,042 
Total assets less current liabilities
239,610 
105,305 
Creditors: amounts falling due after more than one year
(239,383)
(99,970)
Net assets
227 
5,335 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
127 
5,235 
Shareholders' funds
227 
5,335 
For the year ending 31 December 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 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 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 of Directors and authorised for issue on 26 February 2025 and were signed on its behalf by
B T Coleman Director Company Registration No. 07494671
- 4 -
Only Just Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Only Just Ltd is a private company, limited by shares, registered in England and Wales, registration number 07494671. The registered office is 7-8 St Alban Street, 7-8 St. Alban Street, Weymouth, Dorset, DT4 8BZ, 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:
Motor vehicles
15% at reducing balance
Fixtures & fittings
33% at reducing balance
Computer equipment
50% at reducing balance
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2024
32,586 
5,568 
2,341 
40,495 
At 31 December 2024
32,586 
5,568 
2,341 
40,495 
Depreciation
At 1 January 2024
13,078 
4,827 
2,327 
20,232 
Charge for the year
2,926 
244 
7 
3,177 
At 31 December 2024
16,004 
5,071 
2,334 
23,409 
Net book value
At 31 December 2024
16,582 
497 
7 
17,086 
At 31 December 2023
19,508 
741 
14 
20,263 
- 5 -
Only Just Ltd Notes to the Accounts for the year ended 31 December 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
696 
461 
Accrued income and prepayments
1,760 
- 
Other debtors
150,530 
7,518 
152,986 
7,979 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
551 
- 
VAT
5,406 
1,785 
Taxes and social security
2,500 
11,884 
Other creditors
- 
9,461 
Accruals
874 
201 
9,331 
23,331 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
239,383 
99,970 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
B T Coleman
Director's Loan Account
- 
(63,569)
(68,205)
4,636 
- 
(63,569)
(68,205)
4,636 
10
Average number of employees
During the year the average number of employees was 2 (2023: 2).
- 6 -