Company Registration No. 12291847 (England and Wales)
Onesource Industrial Limited
Unaudited accounts
for the year ended 5 April 2025
Onesource Industrial Limited
Unaudited accounts
Contents
Onesource Industrial Limited
Company Information
for the year ended 5 April 2025
Company Number
12291847 (England and Wales)
Registered Office
8 East Road
West Mersea
Colchester
CO5 8EB
Accountants
Pro Tax Accounting
The Colchester Centre
Hawkins Road
Colchester
Essex
CO2 8JX
Onesource Industrial Limited
Statement of financial position
as at 5 April 2025
Tangible assets
6,617
1,974
Cash at bank and in hand
26,278
78,078
Creditors: amounts falling due within one year
(172,006)
(185,624)
Net current assets
60,215
87,241
Called up share capital
1
1
Profit and loss account
66,831
89,214
Shareholders' funds
66,832
89,215
For the year ending 5 April 2025 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 17 July 2025 and were signed on its behalf by
C Dale
Director
Company Registration No. 12291847
Onesource Industrial Limited
Notes to the Accounts
for the year ended 5 April 2025
Onesource Industrial Limited is a private company, limited by shares, registered in England and Wales, registration number 12291847. The registered office is 8 East Road, West Mersea, Colchester, CO5 8EB.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% reducing balance basis
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 6 April 2024
2,481
-
2,481
At 5 April 2025
2,481
6,298
8,779
Charge for the year
395
1,260
1,655
At 5 April 2025
902
1,260
2,162
At 5 April 2025
1,579
5,038
6,617
At 5 April 2024
1,974
-
1,974
Onesource Industrial Limited
Notes to the Accounts
for the year ended 5 April 2025
Amounts falling due within one year
Trade debtors
70,368
149,425
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
73,099
75,863
Taxes and social security
5,323
30,902
Other creditors
49,309
29,995
Loans from directors
44,275
41,228
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).