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COMPANY REGISTRATION NUMBER: 12447042
Onset Limited
Unaudited financial statements
28 February 2025
Onset Limited
Statement of financial position
28 February 2025
2025
2024
£
£
£
£
Fixed assets
3,084
5,090
------
------
Current assets
99,712
74,689
Creditors: amounts falling due within one year
( 18,269)
( 12,615)
-------
-------
Net current assets
81,443
62,074
-------
-------
Total assets less current liabilities
84,527
67,164
Accruals and deferred income
( 2,178)
( 2,034)
-------
-------
82,349
65,130
-------
-------
Capital and reserves
82,349
65,130
-------
-------
Notes to the financial statements
1. Employee numbers
The average number of employees during the year was 1 (2024: 1 ).
2. Director's advances, credits and guarantees
Included within debtors at the year end is a directors loan account of £5,605 (2024: £nil). The maximum overdrawn balance during the year was £46,410. Interest of £394 was charged at the official rate.
For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 1 June 2025 , and are signed on behalf of the board by:
M T Hatcher
Director
Company registration number: 12447042
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 39 Chestnut Drive, Soham, Ely, Cambridgeshire, CB7 5FW.