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Registration number: 10257289

One Digital Outdoor Ltd

Unaudited Filleted Financial Statements

for the Year Ended 30 April 2025

 

One Digital Outdoor Ltd

Contents

Balance Sheet

1 to 2

Notes to the Financial Statements

3 to 6

 

One Digital Outdoor Ltd

(Registration number: 10257289)
Balance Sheet as at 30 April 2025

Note

2025
£

2024
£

Fixed assets

 

Tangible assets

4

169,480

202,239

Current assets

 

Debtors

5

116,163

71,967

Cash at bank and in hand

 

2,517

2,703

 

118,680

74,670

Creditors: Amounts falling due within one year

6

(159,209)

(173,622)

Net current liabilities

 

(40,529)

(98,952)

Total assets less current liabilities

 

128,951

103,287

Creditors: Amounts falling due after more than one year

6

(1,373,074)

(1,506,049)

Provisions for liabilities

(31,461)

-

Net liabilities

 

(1,275,584)

(1,402,762)

Capital and reserves

 

Called up share capital

100

100

Retained earnings

(1,275,684)

(1,402,862)

Shareholders' deficit

 

(1,275,584)

(1,402,762)

 

One Digital Outdoor Ltd

(Registration number: 10257289)
Balance Sheet as at 30 April 2025

For the financial year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 1 August 2025 and signed on its behalf by:
 

.........................................
Mr D J McCormick
Director

 

One Digital Outdoor Ltd

Notes to the Financial Statements for the Year Ended 30 April 2025

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
1 Pavilion Square
Cricketers Way
Westhoughton
Bolton
BL5 3AJ
United Kingdom

These financial statements were authorised for issue by the Board on 1 August 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

At the balance sheet date, the company's liabilities exceeded its assets. The company has received assurance from the shareholders that they will continue to give financial support to the company for twelve months from the date of signing these accounts.

On this basis, the directors consider it appropriate to prepare the accounts on a going concern basis. However, should the financial support mentioned above may not be forthcoming, the going concern basis used in preparing the company's accounts may be invalid and adjustments would have to be made to reduce the value of assets to their realisable amount and to provide for any further liabilities which might arise. The accounts do not include any adjustments to the company's assets or liabilities that might be necessary should this basis not continue to be appropriate.

 

One Digital Outdoor Ltd

Notes to the Financial Statements for the Year Ended 30 April 2025

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises the revenue from the provision of services at the point when associated services are delivered and the revenue from the events is recognised at the point when obligation is performed and services delivered.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

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

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Motor Vehicles

25% Straight Line

Furniture, fittings and Equipment

20% Straight Line

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

 

One Digital Outdoor Ltd

Notes to the Financial Statements for the Year Ended 30 April 2025

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 5 (2024 - 4).

4

Tangible assets

Furniture, fittings and equipment
 £

Motor vehicles
 £

Plant & Machinery
£

Total
£

Cost or valuation

At 1 May 2024

48,664

279,785

7,795

336,244

Additions

23,940

4,512

-

28,452

Disposals

-

(8,978)

-

(8,978)

At 30 April 2025

72,604

275,319

7,795

355,718

Depreciation

At 1 May 2024

21,564

109,963

2,478

134,005

Charge for the year

28,212

26,673

1,239

56,124

Eliminated on disposal

-

(3,891)

-

(3,891)

At 30 April 2025

49,776

132,745

3,717

186,238

Carrying amount

At 30 April 2025

22,828

142,574

4,078

169,480

At 30 April 2024

27,100

169,822

5,317

202,239

 

One Digital Outdoor Ltd

Notes to the Financial Statements for the Year Ended 30 April 2025

5

Debtors

Note

2025
£

2024
£

Trade debtors

 

-

7,351

Amounts owed by group undertakings and undertakings in which the company has a participating interest

28,937

28,937

Prepayments

 

58,413

24,038

Other debtors

 

28,813

11,641

 

116,163

71,967

6

Creditors

Creditors: amounts falling due within one year

Note

2025
£

2024
£

Due within one year

 

Loans and borrowings

1,702

1,702

Trade creditors

 

27,764

11,289

Taxation and social security

 

95,052

126,034

Accruals and deferred income

 

23,333

24,000

Other creditors

 

11,358

10,597

 

159,209

173,622

Creditors: amounts falling due after more than one year

Note

2025
£

2024
£

Due after one year

 

Loans and borrowings

1,373,074

1,506,049