REGISTERED NUMBER: 08972336 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

ONE CAPITAL RE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

S Z ul-Hassan

REGISTERED OFFICE:

29 Gildredge Road

Eastbourne

East Sussex

BN21 4RU

REGISTERED NUMBER:

08972336 (England and Wales)

ACCOUNTANTS:

Advanta

Chartered Accountants

29 Gildredge Road

Eastbourne

East Sussex

BN21 4RU

FIXED ASSETS

Investments

4

111

-

CURRENT ASSETS

Debtors

5

495,715

536,514

Cash at bank

3,491

8,915

499,206

545,429

CREDITORS

Amounts falling due within one year

6

482,967

508,806

NET CURRENT ASSETS

16,239

36,623

TOTAL ASSETS LESS CURRENT LIABILITIES

16,350

36,623

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

16,340

36,613

SHAREHOLDERS' FUNDS

16,350

36,623

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 11 December 2025 and were signed by:

S Z ul-Hassan - Director

1.	STATUTORY INFORMATION

One Capital Re Limited 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.

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.

Preparation of consolidated financial statements

The financial statements contain information about One Capital Re Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

Additions

111

At 31 March 2025

111

NET BOOK VALUE

At 31 March 2025

111

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Chester Road Limited

Registered office: 29 Gildredge Road, Eastbourne, East Sussex, BN21 4RU

Nature of business: Development of building projects

%

Class of shares:

holding

Ordinary

100.00

2025

2024

£

£

Aggregate capital and reserves

1

1

Loss for the year

(52,132

)

(25,358

)

Oldham Union Ltd

Registered office: 29 Gildredge Road, Eastbourne, East Sussex, BN21 4RU

Nature of business: Development of building projects

%

Class of shares:

holding

Ordinary

100.00

2025

2024

£

£

Aggregate capital and reserves

10

10

Chester Road Two Limited

Registered office: 29 Gildredge Road, Eastbourne, East Sussex, BN21 4RU

Nature of business: Development of building projects

%

Class of shares:

holding

Ordinary

100.00

2025

£

Aggregate capital and reserves

100

Loss for the year

(91,088

)

5.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Amounts owed by group undertakings

366,529

410,089

Other debtors

35,641

35,641

402,170

445,730

Amounts falling due after more than one year:

Amounts owed by group undertakings

93,545

90,784

Aggregate amounts

495,715

536,514

Amounts owed by group undertakings and other debtors form amounts owed by related companies. These are repayable upon demand but are not expected to be received within one year.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other loans

12,294

-

Amounts owed to group undertakings

469,115

494,696

Tax

358

7,966

PAYE

-

3,744

Other creditors

-

1,200

Accrued expenses

1,200

1,200

482,967

508,806

Amounts owed to group undertakings forms amounts owed to related companies. These are repayable upon demand but are not expected to be paid within one year.

7.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.