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REGISTERED NUMBER: 03061011 (England and Wales)















Financial Statements

for the Year Ended 30 September 2024

for

ONE POINT TWO (CHINA) LIMITED

ONE POINT TWO (CHINA) LIMITED (REGISTERED NUMBER: 03061011)

Contents of the Financial Statements
for the Year Ended 30 September 2024










Page

Company Information 1

Income Statement 2

Balance Sheet 3

Notes to the Financial Statements 4


ONE POINT TWO (CHINA) LIMITED

Company Information
for the Year Ended 30 September 2024







DIRECTORS: P A Cameron-Clarke
K S L Cameron-Clarke
J J Dong





SECRETARY: K S L Cameron-Clarke





REGISTERED OFFICE: The Old Church School
Butts Hill
Frome
Somerset
BA11 1HR





REGISTERED NUMBER: 03061011 (England and Wales)





ACCOUNTANTS: Rawse, Varley & Co
Chartered Accountants
Lloyds Bank Chambers
Hustlergate
Bradford
BD1 1UQ

ONE POINT TWO (CHINA) LIMITED (REGISTERED NUMBER: 03061011)

Income Statement
for the Year Ended 30 September 2024

2024 2023
Notes £    £   

INCOME 289,500 394,299

Administrative expenses 191,248 266,400
OPERATING PROFIT 4 98,252 127,899

Interest receivable and similar income 3,116 2,795
PROFIT BEFORE TAXATION 101,368 130,694

Tax on profit 23,527 28,131
PROFIT FOR THE FINANCIAL YEAR 77,841 102,563

ONE POINT TWO (CHINA) LIMITED (REGISTERED NUMBER: 03061011)

Balance Sheet
30 September 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 5 5,337 4,973

CURRENT ASSETS
Debtors 6 332 331
Cash at bank 341,564 300,138
341,896 300,469
CREDITORS
Amounts falling due within one year 7 44,942 37,379
NET CURRENT ASSETS 296,954 263,090
TOTAL ASSETS LESS CURRENT
LIABILITIES

302,291

268,063

PROVISIONS FOR LIABILITIES 1,335 948
NET ASSETS 300,956 267,115

CAPITAL AND RESERVES
Called up share capital 267,115 100
Retained earnings 33,841 267,015
SHAREHOLDERS' FUNDS 300,956 267,115

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

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

The financial statements were approved by the Board of Directors on the Board of Directors and authorised for issue on 13 June 2025 and were signed on its behalf by:




P A Cameron-Clarke - Director


ONE POINT TWO (CHINA) LIMITED (REGISTERED NUMBER: 03061011)

Notes to the Financial Statements
for the Year Ended 30 September 2024


1. STATUTORY INFORMATION

One Point Two (China) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents the invoice value of services provided for the year, excluding value added tax.

Fixed assets
Tangible fixed assets are stated at cost less depreciation.

Depreciation is calculated to write off the assets over their estimated useful lives at the following annual rate:

Fixtures and equipment - 15% of cost
Motor vehicles - 25% of cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension contributions
Contributions payable by the company to the company's money purchase pension scheme and to the personal pension schemes of directors and staff are charged to profit and loss account when incurred.

Hire purchase and leasing commitments
Assets held under hire purchase, finance lease and similar agreements are capitalised as tangible fixed assets and the corresponding liability to pay rentals is shown net of finance charges as hire purchase and lease obligations. The finance charge element of rentals is allocated so as to produce a constant periodic rate of charge on the remaining balance of the obligation for each accounting period.

ONE POINT TWO (CHINA) LIMITED (REGISTERED NUMBER: 03061011)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 3 ) .

4. OPERATING PROFIT

The operating profit is stated after charging:

2024 2023
£    £   
Depreciation - owned assets 1,620 1,520
Operating lease charges - land and buildings 12,887 14,975

5. TANGIBLE FIXED ASSETS
Equipment,
fixtures
and
fittings
£   
COST
At 1 October 2023 51,248
Additions 1,984
At 30 September 2024 53,232
DEPRECIATION
At 1 October 2023 46,275
Charge for year 1,620
At 30 September 2024 47,895
NET BOOK VALUE
At 30 September 2024 5,337
At 30 September 2023 4,973

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 332 331

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 23,140 16,090
Other creditors 21,802 21,289
44,942 37,379