Ondato Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 13018132

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Investments	4		4,700,500		3,935,458

			4,700,500		3,935,458
CURRENT ASSETS
Debtors	5	9,058		870,336
Cash at bank and in hand		10,573		22,444

		19,631		892,780
Creditors: Amounts Falling Due Within One Year	6	(9,940 )		(16,312 )

NET CURRENT ASSETS (LIABILITIES)			9,691		876,468

TOTAL ASSETS LESS CURRENT LIABILITIES			4,710,191		4,811,926

Creditors: Amounts Falling Due After More Than One Year	7		(727,624 )		(1,195,663 )

NET ASSETS			3,982,567		3,616,263

CAPITAL AND RESERVES
Called up share capital	8		8,707		11,196
Share premium account			4,982,134		4,517,730
Profit and Loss Account			(1,008,274 )		(912,663 )

SHAREHOLDERS' FUNDS			3,982,567		3,616,263

Page 1

Page 2

Ondato Ltd

Balance Sheet (continued)

As At 31 December 2024

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 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

Mr Liudas Kanapienis Director	Mr Dmitrij Sosunov Director	Mr Jonė VAITULEVIČIŪTĖ Director
01/09/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Ondato Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13018132 . The registered office is 11 Cundy Road, London, E16 3DJ.

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.

2.2. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2023: 3)

4. Investments

	Other
	£
Cost or Valuation
As at 1 January 2024	3,935,458
Additions	765,042

As at 31 December 2024	4,700,500

Provision
As at 1 January 2024	-

As at 31 December 2024	-

Net Book Value
As at 31 December 2024	4,700,500

As at 1 January 2024	3,935,458

5. Debtors

	2024	2023
	£	£
Due within one year
Other debtors	8,602	869,646
VAT	456	690

	9,058	870,336

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	1	-
Other taxes and social security	4,741	7,086
Net wages	5,198	7,866
Accruals and deferred income	-	1,360

	9,940	16,312

Page 3

Page 4

Ondato Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

7. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Other creditors	727,624	1,195,663

8. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	8,707	11,196