1 January 2024 false Taxfiler 2024.6 04980504business:PrivateLimitedCompanyLtd2024-01-012024-12-31 049805042023-12-31 049805042024-01-012024-12-31 04980504business:AuditExemptWithAccountantsReport2024-01-012024-12-31 04980504business:FilletedAccounts2024-01-012024-12-31 049805042024-12-31 04980504business:Director12024-01-012024-12-31 04980504business:RegisteredOffice2024-01-012024-12-31 049805042023-12-31 04980504core:WithinOneYear2024-12-31 04980504core:WithinOneYear2023-12-31 04980504core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 04980504core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 04980504core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 04980504core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 04980504core:PreviouslyStatedAmount2024-12-31 04980504core:PreviouslyStatedAmount2023-12-31 04980504business:SmallEntities2024-01-012024-12-31 04980504countries:EnglandWales2024-01-012024-12-31 04980504core:FurnitureFittings2024-01-012024-12-31 04980504core:ComputerEquipment2024-01-012024-12-31 04980504core:FurnitureFittings2023-12-31 04980504core:ComputerEquipment2023-12-31 04980504core:FurnitureFittings2024-12-31 04980504core:ComputerEquipment2024-12-31 04980504business:OrdinaryShareClass12024-01-012024-12-31 04980504business:OrdinaryShareClass12023-01-012023-12-31 049805042023-01-012023-12-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 04980504 (England and Wales)
One IT Limited Unaudited accounts for the year ended 31 December 2024
One IT Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
One IT Limited Company Information for the year ended 31 December 2024
Director
Mr. A Rudd
Company Number
04980504 (England and Wales)
Registered Office
Greenfields Stretton Road Stretton Warrington Cheshire WA4 4NP
Accountants
Sage Accounting Ltd 19 Lomond Close Tamworth Staffordshire United Kingdom B79 8ET
- 3 -
One IT Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
183 
632 
Current assets
Debtors
5
960 
- 
Cash at bank and in hand
35,115 
67,616 
36,075 
67,616 
Creditors: amounts falling due within one year
6
(25,857)
(46,368)
Net current assets
10,218 
21,248 
Net assets
10,401 
21,880 
Capital and reserves
Called up share capital
7
10 
10 
Profit and loss account
10,391 
21,870 
Shareholders' funds
10,401 
21,880 
For the year ending 31 December 2024 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 9 September 2025 and were signed on its behalf by
Mr. A Rudd Director Company Registration No. 04980504
- 4 -
One IT Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
One IT Limited is a private company, limited by shares, registered in England and Wales, registration number 04980504. The registered office is Greenfields Stretton Road, Stretton, Warrington, Cheshire, WA4 4NP.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
3 years straight line
Computer equipment
3 years straight line
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
300 
2,364 
2,664 
At 31 December 2024
300 
2,364 
2,664 
Depreciation
At 1 January 2024
300 
1,732 
2,032 
Charge for the year
- 
449 
449 
At 31 December 2024
300 
2,181 
2,481 
Net book value
At 31 December 2024
- 
183 
183 
At 31 December 2023
- 
632 
632 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
960 
- 
- 5 -
One IT Limited Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
2,752 
11,872 
Taxes and social security
6,488 
31,948 
Other creditors
9,428 
1,588 
Loans from directors
7,189 
960 
25,857 
46,368 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10 
10 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
- 6 -