1 February 2024 false No description of principal activity Taxfiler 2024.6 13132210business:PrivateLimitedCompanyLtd2024-02-012025-01-31 131322102024-01-31 131322102024-02-012025-01-31 13132210business:AuditExempt-NoAccountantsReport2024-02-012025-01-31 13132210business:FilletedAccounts2024-02-012025-01-31 131322102025-01-31 13132210business:Director12024-02-012025-01-31 13132210business:RegisteredOffice2024-02-012025-01-31 131322102024-01-31 13132210core:WithinOneYear2025-01-31 13132210core:WithinOneYear2024-01-31 13132210core:AfterOneYear2025-01-31 13132210core:AfterOneYear2024-01-31 13132210core:ShareCapitalcore:PreviouslyStatedAmount2025-01-31 13132210core:ShareCapitalcore:PreviouslyStatedAmount2024-01-31 13132210core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-01-31 13132210core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-01-31 13132210core:PreviouslyStatedAmount2025-01-31 13132210core:PreviouslyStatedAmount2024-01-31 13132210business:SmallEntities2024-02-012025-01-31 13132210countries:EnglandWales2024-02-012025-01-31 13132210core:LandBuildings2024-01-31 13132210core:FurnitureFittings2024-01-31 13132210core:LandBuildings2024-02-012025-01-31 13132210core:FurnitureFittings2024-02-012025-01-31 13132210core:LandBuildings2025-01-31 13132210core:FurnitureFittings2025-01-31 131322102023-02-012024-01-31 iso4217:GBP xbrli:pure
Company Registration No. 13132210 (England and Wales)
Ontatile Ltd Unaudited accounts for the year ended 31 January 2025
Ontatile Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Ontatile Ltd Company Information for the year ended 31 January 2025
Director
Kearabiloe Nkomo
Company Number
13132210 (England and Wales)
Registered Office
3 Roche Close Rochford Essex SS4 1PX England
Accountants
TAWANDA GROUP LTD INNOVATION CENTRE MEDWAY MAIDSTONE ROAD CHATHAM KENT ME5 9FD
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Ontatile Ltd Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
2,111,213 
906,137 
Current assets
Cash at bank and in hand
221,651 
336,659 
Creditors: amounts falling due within one year
5
(75,359)
(1,657)
Net current assets
146,292 
335,002 
Total assets less current liabilities
2,257,505 
1,241,139 
Creditors: amounts falling due after more than one year
6
(2,374,672)
(1,235,154)
Net (liabilities)/assets
(117,167)
5,985 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(117,168)
5,984 
Shareholders' funds
(117,167)
5,985 
For the year ending 31 January 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 director acknowledges her 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 13 October 2025 and were signed on its behalf by
Kearabiloe Nkomo Director Company Registration No. 13132210
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Ontatile Ltd Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
Ontatile Ltd is a private company, limited by shares, registered in England and Wales, registration number 13132210. The registered office is 3 Roche Close, Rochford, Essex, SS4 1PX, England.
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:
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At valuation 
At cost 
At 1 February 2024
904,987 
1,150 
906,137 
Additions
1,187,013 
8,076 
1,195,089 
Revaluations
9,987 
- 
9,987 
At 31 January 2025
2,101,987 
9,226 
2,111,213 
Depreciation
At 31 January 2025
- 
- 
- 
Net book value
At 31 January 2025
2,101,987 
9,226 
2,111,213 
At 31 January 2024
904,987 
1,150 
906,137 
5
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Taxes and social security
1,657 
- 
Other creditors
- 
1,657 
Loans from directors
73,702 
- 
75,359 
1,657 
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Ontatile Ltd Notes to the Accounts for the year ended 31 January 2025
6
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
1,477,264 
637,746 
Amounts owed to group undertakings and other participating interests
897,408 
597,408 
2,374,672 
1,235,154 
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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