One Lad Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: SC729667

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		5,711		6,342

			5,711		6,342
CURRENT ASSETS
Cash at bank and in hand		6,234		14,264

		6,234		14,264
Creditors: Amounts Falling Due Within One Year	5	(7,453 )		(15,055 )

NET CURRENT ASSETS (LIABILITIES)			(1,219 )		(791 )

TOTAL ASSETS LESS CURRENT LIABILITIES			4,492		5,551

NET ASSETS			4,492		5,551

CAPITAL AND RESERVES
Called up share capital	6		100		100
Profit and Loss Account			4,392		5,451

SHAREHOLDERS' FUNDS			4,492		5,551

For the 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.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Barry Carroll

Director

08/09/2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

One Lad Limited is a private company, limited by shares, incorporated in Scotland, registered number SC729667 . The registered office is 7 Ashdale Drive, Westhill, Scotland, AB32 6LP.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

Presentation currency

The accounts are presented in £ sterling

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	10% SL
Plant & Machinery	25% RB

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Total
	£	£	£
Cost
As at 1 May 2024	3,072	5,696	8,768
Additions	-	744	744

As at 30 April 2025	3,072	6,440	9,512

Depreciation
As at 1 May 2024	899	1,527	2,426
Provided during the period	307	1,068	1,375

As at 30 April 2025	1,206	2,595	3,801

Net Book Value
As at 30 April 2025	1,866	3,845	5,711

As at 1 May 2024	2,173	4,169	6,342

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One Lad Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

5. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	-	(1 )
Corporation tax	5,764	8,036
Accruals and deferred income	72	-
Directors' loan accounts	1,617	7,020

	7,453	15,055

6. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
50 Ordinary Shares of £ 1.00 each	50	50
50 Ordinary B shares of £ 1.00 each	50	50

	100	100

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