REGISTERED NUMBER: 11843054 (England and Wales)

One Transformations Ltd

Unaudited Financial Statements

for the Year Ended 28 February 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J Thomas

I Thomas

REGISTERED OFFICE:

L1 Oak Suite Mamhilad House

Mamhilad Park Estate

Pontypool

NP4 0HZ

REGISTERED NUMBER:

11843054 (England and Wales)

ACCOUNTANTS:

Xeinadin South Wales & West Limited

Accountants & Business Advisors

Suite 2d,

Building 1 Eastern Business Park

St Mellons

Cardiff

CF3 5EA

FIXED ASSETS

Tangible assets

4

31,388

34,461

CURRENT ASSETS

Debtors

5

932,508

917,468

Cash at bank

126,351

703,668

1,058,859

1,621,136

CREDITORS

Amounts falling due within one year

6

791,373

1,361,220

NET CURRENT ASSETS

267,486

259,916

TOTAL ASSETS LESS CURRENT LIABILITIES

298,874

294,377

CREDITORS

Amounts falling due after more than one year

7

(5,000

)

(15,000

)

PROVISIONS FOR LIABILITIES

8

(6,766

)

(8,439

)

NET ASSETS

287,108

270,938

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

287,106

270,936

SHAREHOLDERS' FUNDS

287,108

270,938

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 October 2025 and were signed on its behalf by:

I Thomas - Director

1.	STATUTORY INFORMATION

One Transformations Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on cost

Motor vehicles

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 26 (2024 - 22 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 March 2024

26,298

42,400

68,698

Additions

9,063

4,600

13,663

At 28 February 2025

35,361

47,000

82,361

DEPRECIATION

At 1 March 2024

10,982

23,255

34,237

Charge for year

6,764

9,972

16,736

At 28 February 2025

17,746

33,227

50,973

NET BOOK VALUE

At 28 February 2025

17,615

13,773

31,388

At 29 February 2024

15,316

19,145

34,461

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Trade debtors

829,944

857,194

Directors' current accounts

102,564

60,274

932,508

917,468

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Bank loans and overdrafts

10,000

10,000

Trade creditors

325,069

299,370

Tax

55,971

62,816

Social security and other taxes

13,487

18,739

VAT

370,815

378,482

Other creditors

12,460

1,811

Accruals and deferred income

3,571

590,002

791,373

1,361,220

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.25

29.2.24

£

£

Bank loans - 1-2 years

5,000

15,000

8.	PROVISIONS FOR LIABILITIES

28.2.25

29.2.24

£

£

Deferred tax

6,766

8,439

Deferred

tax

£

Balance at 1 March 2024

8,439

Credit to Income Statement during year

(1,673

)

Balance at 28 February 2025

6,766

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2025 and 29 February 2024:

28.2.25

29.2.24

£

£

J Thomas

Balance outstanding at start of year

60,274

18,796

Amounts advanced

192,734

181,478

Amounts repaid

(150,444

)

(140,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

102,564

60,274

The balance is repayable on demand. Interest has been charged at 2.25%.