REGISTERED NUMBER: 08939696 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 March 2025

for

O1 Inventories Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Gary Carter

REGISTERED OFFICE:

Suite Lb03 Liberty House

81-83 Victoria Road

Surbiton

Surrey

KT6 4NS

REGISTERED NUMBER:

08939696 (England and Wales)

FIXED ASSETS

Property, plant and equipment

4

4,484

5,979

CURRENT ASSETS

Debtors

5

28,171

14,683

Cash at bank

28,483

33,205

56,654

47,888

CREDITORS

Amounts falling due within one year

6

(35,189

)

(28,583

)

NET CURRENT ASSETS

21,465

19,305

TOTAL ASSETS LESS CURRENT LIABILITIES

25,949

25,284

CREDITORS

Amounts falling due after more than one year

7

(9,537

)

(4,413

)

NET ASSETS

16,412

20,871

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

16,312

20,771

16,412

20,871

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 June 2025 and were signed by:

Gary Carter - Director

1.	STATUTORY INFORMATION

O1 Inventories 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

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Motor vehicles

-

15% on cost

Fixtures and Fittings - 25% on reducing balance.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 31 March 2024

and 30 March 2025

17,741

DEPRECIATION

At 31 March 2024

11,762

Charge for year

1,495

At 30 March 2025

13,257

NET BOOK VALUE

At 30 March 2025

4,484

At 30 March 2024

5,979

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.3.25

30.3.24

£

£

Trade debtors

19,533

12,913

Other debtors

8,638

1,770

28,171

14,683

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.3.25

30.3.24

£

£

Bank loans and overdrafts

2,407

1,920

Hire purchase contracts

1,217

1,217

Trade creditors

1,674

1,428

Taxation and social security

10,695

10,714

Other creditors

19,196

13,304

35,189

28,583

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.3.25

30.3.24

£

£

Bank loans

8,836

2,495

Hire purchase contracts

101

1,318

Other creditors

600

600

9,537

4,413

8.	ULTIMATE CONTROLLING PARTY

The controlling party is Gary Carter.