2023-06-01 08537216 2024-05-31 08537216 2023-06-01 2024-05-31 08537216 2023-05-31 08537216 2022-06-01 2023-05-31 08537216 uk-core:WithinOneYear 2023-05-31 08537216 uk-core:WithinOneYear 2024-05-31 08537216 uk-core:AfterOneYear 2023-05-31 08537216 uk-core:AfterOneYear 2024-05-31 08537216 uk-core:ShareCapital 2024-05-31 08537216 uk-core:ShareCapital 2023-05-31 08537216 uk-core:RetainedEarningsAccumulatedLosses 2024-05-31 08537216 uk-core:RetainedEarningsAccumulatedLosses 2023-05-31 08537216 uk-bus:Director1 2023-06-01 2024-05-31 08537216 uk-core:ToolsEquipment 2023-06-01 2024-05-31 08537216 uk-core:FurnitureFittings 2023-06-01 2024-05-31 08537216 uk-core:ToolsEquipment 2023-05-31 08537216 uk-core:FurnitureFittings 2023-05-31 08537216 uk-core:FurnitureFittings 2024-05-31 08537216 uk-core:ToolsEquipment 2024-05-31 08537216 uk-core:WithinOneYear 2024-05-31 08537216 uk-core:WithinOneYear 2023-05-31 08537216 uk-core:AfterOneYear uk-core:Secured 2024-05-31 08537216 uk-core:AfterOneYear uk-core:Secured 2023-05-31 iso4217:GBP xbrli:pure 08537216 uk-bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 08537216 uk-bus:FRS102 2023-06-01 2024-05-31 08537216 uk-bus:FilletedAccounts 2023-06-01 2024-05-31 08537216 uk-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31
The Oncrowd Ltd
Registered Number:08537216
For the year ended 31 May 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 May 2024
The Oncrowd Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
08537216
As at 31 May 2024
The Oncrowd Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
45
89
2
45
89
Current assets
Trade and other receivables
14,555
42,836
3
5,010
Cash and cash equivalents
5,029
47,865
19,565
Trade and other payables: amounts falling due within one
year
(49,679)
(20,303)
4
(30,114)
27,562
Net current assets
Total assets less current liabilities
27,607
(30,025)
Trade and other payables: amounts falling due after more
than one year
(16,299)
(11,151)
5
16,456
Net assets/liabilities
(46,324)
Capital and reserves
Called up share capital
100
100
Retained earnings
16,356
(46,424)
16,456
(46,324)
Shareholders' funds
For the year ended 31 May 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 of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Richard Cooper Director
These financial statements were approved and authorised for issue by the Board on 21 March 2025 and were signed by:
The notes form part of these financial statements
1 of 4
4
For the year ended 31 May 2024
The Oncrowd Ltd
Notes to the Financial Statements
Statutory Information
The Oncrowd Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number
08537216.
Principal place of business:
48 The Broadway,
Leigh-on-Sea
Essex
SS9 1AG
Registered address:
23 Robjohns Raod
Widford Estate
Chelmsford
Essex
CM1 3AG
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Research and development
Research and development expenditure is charged to the profit and loss account in the period in which it is incurred.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25 Straight line
Computer equipment
20 Straight line
Fixtures and fittings
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
2 of 4
5
For the year ended 31 May 2024
The Oncrowd Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
£
£
£
Cost or
valuation
At 01 June 2023
4,689
4,196
493
At 31 May 2024
493
4,196
4,689
Provision for depreciation and impairment
At 01 June 2023
4,600
4,107
493
Charge for year
44
44
-
At 31 May 2024
4,644
4,151
493
At 31 May 2024
Net book value
-
45
45
At 31 May 2023
-
89
89
3. Trade and other receivables
2023
2024
£
£
Trade debtors
36,618
14,243
Other debtors
6,218
312
14,555
42,836
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft
-
3,226
Trade creditors
2,360
4,227
Taxation and social security
13,902
10,912
Other creditors
4,041
31,314
20,303
49,679
5. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
11,151
16,299
6. Average number of persons employed
During the year the average number of employees was 0
3 of 4
6
For the year ended 31 May 2024
The Oncrowd Ltd
Notes to the Financial Statements Continued
4 of 4