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Company Registration No. 11299031 (England and Wales)
ONLE Networking Limited Unaudited accounts for the year ended 31 March 2025
ONLE Networking Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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ONLE Networking Limited Company Information for the year ended 31 March 2025
Directors
Kelly Louise West James Peter West
Company Number
11299031 (England and Wales)
Registered Office
71-75 Shelton Street London WC2H 9JQ United Kingdom
Accountants
For and on Behalf of Tee Accounts Limited Rosehill House Bosinver Lane Polgooth PL26 7BA
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ONLE Networking Limited Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
1,267
2,058
Current assets
Debtors
5
8,653
11,381
Cash at bank and in hand
23,244
8,681
31,897
20,062
Creditors: amounts falling due within one year
6
(19,968)
(16,111)
Net current assets
11,929
3,951
Total assets less current liabilities
13,196
6,009
Creditors: amounts falling due after more than one year
7
(11,845)
(13,966)
Net assets/(liabilities)
1,351
(7,957)
Capital and reserves
Called up share capital
300
300
Profit and loss account
1,051
(8,257)
Shareholders' funds
1,351
(7,957)
For the year ending 31 March 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 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 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 of Directors and authorised for issue on 19 November 2025 and were signed on its behalf by
Kelly Louise West Director Company Registration No. 11299031
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ONLE Networking Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
ONLE Networking Limited is a private company, limited by shares, registered in England and Wales, registration number 11299031. The registered office is 71-75 Shelton Street, London, WC2H 9JQ, 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.
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:
Computer equipment
33.33% straight line, per annum
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 April 2024
7,748
Additions
298
At 31 March 2025
8,046
Depreciation
At 1 April 2024
5,690
Charge for the year
1,089
At 31 March 2025
6,779
Net book value
At 31 March 2025
1,267
At 31 March 2024
2,058
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
1,397
1,648
Other debtors
3,364
3,364
4,761
5,012
Amounts falling due after more than one year
Other debtors
3,892
6,369
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ONLE Networking Limited Notes to the Accounts for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
2,961
3,492
VAT
5,814
5,625
Trade creditors
1,722
382
Taxes and social security
2,286
5,704
Other creditors
7,185
908
19,968
16,111
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
11,845
13,966
8
Loans to directors
During the year, the directors of the company owed £3,892 (2024: £6,369) remaining unpaid to the company at the year end. The transactions have been conducted under normal market conditions.
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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