Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-31true2024-01-01falseNo description of principal activity22falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 01623421 2024-01-01 2024-12-31 01623421 2023-01-01 2023-12-31 01623421 2024-12-31 01623421 2023-12-31 01623421 c:Director1 2024-01-01 2024-12-31 01623421 d:FurnitureFittings 2024-01-01 2024-12-31 01623421 d:FurnitureFittings 2024-12-31 01623421 d:FurnitureFittings 2023-12-31 01623421 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 01623421 d:OfficeEquipment 2024-01-01 2024-12-31 01623421 d:OfficeEquipment 2024-12-31 01623421 d:OfficeEquipment 2023-12-31 01623421 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 01623421 d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 01623421 d:CurrentFinancialInstruments 2024-12-31 01623421 d:CurrentFinancialInstruments 2023-12-31 01623421 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 01623421 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 01623421 d:ShareCapital 2024-12-31 01623421 d:ShareCapital 2023-12-31 01623421 d:RetainedEarningsAccumulatedLosses 2024-12-31 01623421 d:RetainedEarningsAccumulatedLosses 2023-12-31 01623421 c:FRS102 2024-01-01 2024-12-31 01623421 c:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 01623421 c:FullAccounts 2024-01-01 2024-12-31 01623421 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 01623421 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure

Registered number: 01623421









ONE NIGHT STAND LTD.







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024

 
ONE NIGHT STAND LTD.
 
 
  
CHARTERED ACCOUNTANT'S REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF ONE NIGHT STAND LTD.
FOR THE YEAR ENDED 31 DECEMBER 2024

In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the financial statements of One Night Stand Ltd. for the year ended 31 December 2024 which comprise  the Balance sheet and the related notes from the Company's accounting records and from information and explanations you have given me.

As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW)I am subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the director of One Night Stand Ltd. in accordance with the terms of my engagement letter dated 03/08/2018My work has been undertaken solely to prepare for your approval the financial statements of One Night Stand Ltd. and state those matters that I have agreed to state to the director of One Night Stand Ltd. in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than One Night Stand Ltd. and its director for my work or for this report. 

It is your duty to ensure that One Night Stand Ltd. has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of One Night Stand Ltd.. You consider that One Night Stand Ltd. is exempt from the statutory audit requirement for the year.

I have not been instructed to carry out an audit or review of the financial statements of One Night Stand Ltd.. For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the statutory financial statements.

  



Drennan & Co
 
Chartered Accountants
  
64 Belsize Park
London
NW3 4EH
6 June 2025
Page 1

 
ONE NIGHT STAND LTD.
REGISTERED NUMBER: 01623421

BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
1
2,230

  
1
2,230

Current assets
  

Stocks
 5 
74,916
79,987

Debtors: amounts falling due within one year
 6 
917
4,244

Cash at bank and in hand
 7 
11,274
23,646

  
87,107
107,877

Creditors: amounts falling due within one year
 8 
(20,790)
(37,648)

Net current assets
  
 
 
66,317
 
 
70,229

Total assets less current liabilities
  
66,318
72,459

  

Net assets
  
66,318
72,459


Capital and reserves
  

Called up share capital 
  
35,000
35,000

Profit and loss account
  
31,318
37,459

  
66,318
72,459


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 6 June 2025.

J Doniger
Page 2

 
ONE NIGHT STAND LTD.
REGISTERED NUMBER: 01623421
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2024

Director

The notes on pages 4 to 7 form part of these financial statements.

Page 3

 
ONE NIGHT STAND LTD.
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

The entity is a limited company registered in England & Wales. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 4

 
ONE NIGHT STAND LTD.
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)


2.4
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Fixtures and fittings
-
25%
Office equipment
-
25%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.5

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).

Page 5

 
ONE NIGHT STAND LTD.
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

4.


Tangible fixed assets





Fixtures and fittings
Office equipment
Total

£
£
£



Cost or valuation


At 1 January 2024
23,826
15,913
39,739



At 31 December 2024

23,826
15,913
39,739



Depreciation


At 1 January 2024
23,826
13,682
37,508


Charge for the year on owned assets
-
2,230
2,230



At 31 December 2024

23,826
15,912
39,738



Net book value



At 31 December 2024
-
1
1



At 31 December 2023
-
2,230
2,230


5.


Stocks

2024
2023
£
£

Finished goods and goods for resale
74,916
79,987

74,916
79,987



6.


Debtors

2024
2023
£
£


Other debtors
917
4,244

917
4,244


Page 6

 
ONE NIGHT STAND LTD.
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
11,274
23,646

11,274
23,646



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
-
1,929

Other taxation and social security
3,098
-

Other creditors
16,045
33,027

Accruals and deferred income
1,647
2,692

20,790
37,648


 
Page 7