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Company Registration No. 08817116 (England and Wales)
ONAR CREATIVE LTD Unaudited accounts for the year ended 31 December 2024
ONAR CREATIVE LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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ONAR CREATIVE LTD Company Information for the year ended 31 December 2024
Director
Emmanouil Kountouris
Company Number
08817116 (England and Wales)
Registered Office
BINNS WOOD BINNS LANE HOLMFIRTH HD9 3BJ UNITED KINGDOM
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ONAR CREATIVE LTD Statement of financial position as at 31 December 2024
2024
2023
Notes
£
£
Fixed assets
Tangible assets
4
4,122
199
Current assets
Cash at bank and in hand
961
131
Creditors: amounts falling due within one year
5
(3,183)
(4,152)
Net current liabilities
(2,222)
(4,021)
Net assets/(liabilities)
1,900
(3,822)
Capital and reserves
Called up share capital
100
100
Profit and loss account
1,800
(3,922)
Shareholders' funds
1,900
(3,822)
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 1 October 2025 and were signed on its behalf by
Emmanouil Kountouris Director Company Registration No. 08817116
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ONAR CREATIVE LTD Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
ONAR CREATIVE LTD is a private company, limited by shares, registered in England and Wales, registration number 08817116. The registered office is BINNS WOOD, BINNS LANE, HOLMFIRTH, HD9 3BJ, UNITED KINGDOM.
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
25% Reducing balance
4
Tangible fixed assets
Fixtures & fittings
£
Cost or valuation
At cost
At 1 January 2024
474
Additions
5,295
At 31 December 2024
5,769
Depreciation
At 1 January 2024
275
Charge for the year
1,372
At 31 December 2024
1,647
Net book value
At 31 December 2024
4,122
At 31 December 2023
199
5
Creditors: amounts falling due within one year
2024
2023
£
£
Taxes and social security
203
-
Loans from directors
2,080
3,252
Accruals
900
900
3,183
4,152
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ONAR CREATIVE LTD Notes to the Accounts for the year ended 31 December 2024
6
Transactions with related parties
At the year end the company owed the director £2,080 (2023: £3,252)
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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