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Company Registration No. 07913777 (England and Wales)
ON IT NOT IN IT LIMITED Unaudited accounts for the year ended 31 March 2025
ON IT NOT IN IT LIMITED Unaudited accounts Contents
Page
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ON IT NOT IN IT LIMITED Company Information for the year ended 31 March 2025
Director
Stephen Roberts
Secretary
Nicola Chadwick
Company Number
07913777 (England and Wales)
Registered Office
97 Trinity Avenue Llandudno LL30 2UJ
Accountants
Accounts and Returns Ltd 26 Smith St Warwick CV34 4HS
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ON IT NOT IN IT LIMITED Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
8,534 
11,960 
Current assets
Debtors
2,054 
- 
Cash at bank and in hand
68,618 
72,743 
70,672 
72,743 
Creditors: amounts falling due within one year
(5,928)
(6,820)
Net current assets
64,744 
65,923 
Total assets less current liabilities
73,278 
77,883 
Creditors: amounts falling due after more than one year
- 
173 
Net assets
73,278 
78,056 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
73,268 
78,046 
Shareholders' funds
73,278 
78,056 
For the year ending 31 March 2025 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 director acknowledges his 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 and authorised for issue on 29 April 2025 and were signed on its behalf by
Stephen Roberts Director Company Registration No. 07913777
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ON IT NOT IN IT LIMITED Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
ON IT NOT IN IT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07913777. The registered office is 97 Trinity Avenue, Llandudno, LL30 2UJ.
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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
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
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2024
34,335 
4,388 
38,723 
Additions
3,822 
- 
3,822 
At 31 March 2025
38,157 
4,388 
42,545 
Depreciation
At 1 April 2024
22,606 
4,157 
26,763 
Charge for the year
7,017 
231 
7,248 
At 31 March 2025
29,623 
4,388 
34,011 
Net book value
At 31 March 2025
8,534 
- 
8,534 
At 31 March 2024
11,729 
231 
11,960 
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ON IT NOT IN IT LIMITED Notes to the Accounts for the year ended 31 March 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
2,054 
- 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Trade creditors
67 
735 
Loans from directors
5,111 
6,085 
Accruals
750 
- 
5,928 
6,820 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Other creditors
- 
(173)
8
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10 
10 
9
Transactions with related parties
During the year, the company received a loan from a member of key management personnel. The loan of £5,111 (2024: £6085) is to be repaid on demand and interest-free. At the balance sheet date, the loan was still outstanding and is presented within creditors: amounts falling due within one year.
10
Average number of employees
During the year the average number of employees was 3 (2024: 2).
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