Company Registration No. 12770029 (England and Wales)
One Home Minimart Ltd
Unaudited accounts
for the period from 1 August 2023 to 30 September 2024
One Home Minimart Ltd
Unaudited accounts
Contents
One Home Minimart Ltd
Company Information
for the period from 1 August 2023 to 30 September 2024
Directors
Gar Lun Ng
Yi Song
Company Number
12770029 (England and Wales)
Registered Office
Block 9 Circle Square
Noble Way
Manchester
M1 7FA
England
Accountants
Evolve Accounting and Tax Solutions Ltd
Congress House
14 Lyon Road
Harrow
Middlesex
HA1 2EN
One Home Minimart Ltd
Statement of financial position
as at 30 September 2024
Tangible assets
49,809
67,256
Inventories
120,088
120,088
Cash at bank and in hand
127,276
59,665
Creditors: amounts falling due within one year
(261,635)
(184,903)
Net current assets
11,961
17,501
Total assets less current liabilities
61,770
84,757
Creditors: amounts falling due after more than one year
-
(119,187)
Net assets/(liabilities)
61,770
(34,430)
Called up share capital
100
100
Profit and loss account
61,670
(34,530)
Shareholders' funds
61,770
(34,430)
For the period ending 30 September 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 25 April 2025 and were signed on its behalf by
Gar Lun Ng
Director
Company Registration No. 12770029
One Home Minimart Ltd
Notes to the Accounts
for the period from 1 August 2023 to 30 September 2024
One Home Minimart Ltd is a private company, limited by shares, registered in England and Wales, registration number 12770029. The registered office is Block 9 Circle Square, Noble Way, Manchester, M1 7FA, 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, 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:
Plant & machinery
25% Reducing balance method
Fixtures & fittings
25% Reducing balance method
Computer equipment
25% Straight line method
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been taken or delivered to customers such that risks and rewards of ownership have transferred to them.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
One Home Minimart Ltd
Notes to the Accounts
for the period from 1 August 2023 to 30 September 2024
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2023
6,407
130,401
9,785
146,593
At 30 September 2024
6,957
130,401
10,611
147,969
At 1 August 2023
2,210
69,930
7,197
79,337
Charge for the period
1,107
15,117
2,599
18,823
At 30 September 2024
3,317
85,047
9,796
98,160
At 30 September 2024
3,640
45,354
815
49,809
At 31 July 2023
4,197
60,471
2,588
67,256
Amounts falling due within one year
Accrued income and prepayments
3,224
-
Other debtors
23,008
16,308
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
43,045
27,131
Taxes and social security
4,782
3,094
Other creditors
153,893
148,178
Loans from directors
51,821
-
7
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
-
119,187
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
One Home Minimart Ltd
Notes to the Accounts
for the period from 1 August 2023 to 30 September 2024
9
Average number of employees
During the period the average number of employees was 14 (2023: 14).