| Registered Number:06852195 |
For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2025
Onteck Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Onteck Limited
Statement of Financial Position
2024
2025
| Property, plant and equipment |
77,998
80,490
2
77,998
80,490
400
400
3
| Trade and other receivables |
266,125
251,983
4
97,031
| Cash and cash equivalents |
248,282
500,665
363,556
| Trade and other payables: amounts falling due within one |
| year |
(297,673)
(488,350)
5
65,883
12,315
Net current assets
| Total assets less current liabilities |
90,313
146,373
| Trade and other payables: amounts falling due after more |
| than one year |
(4,667)
(667)
6
(8,743)
(11,495)
| Provisions for liabilities |
80,903
Net assets
130,211
2,100
2,100
78,803
128,111
80,903
130,211
Shareholders' funds
| For the year ended 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 of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006 |
| The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| Mr Sean Allan Woods Director |
| Mr Jonathan Paul Leach Director |
| These financial statements were approved and authorised for issue by the Board on 27 May 2025 and were signed by: |
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For the year ended 31 March 2025
Onteck Limited
Statement of Financial Position Continued
| The notes form part of these financial statements |
2 of 5
For the year ended 31 March 2025
Onteck Limited
Notes to the Financial Statements
Statutory Information
| Onteck Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number |
| 06852195. |
Norwood House
Norwood
Beverley
East Yorks
HU17 9ET
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
| Turnover represents amounts receivable for goods and services. Amounts receivable for services performed over time are based upon the stage of completion of the services performed. |
Property, plant and equipment
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Computer equipment
Motor vehicles
Fixtures and fittings
Government grants
| Government grants received are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants received towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred. |
Inventories
| Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
Deferred tax
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
Hire purchase and leasing commitments
| Rentals payable under operating leases are charged against income on a straight line basis over the lease term. The finance element of the rental payment is charged to the profit and loss account on a method giving a constant rate of return on the balance outstanding. |
Pension costs and other post-retirement benefits
| The company operates a defined contribution pension scheme for the benefit of its directors and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable. |
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For the year ended 31 March 2025
Onteck Limited
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
Motor vehicles
140,461
9,740
27,845
102,876
19,648
2,281
3,697
13,670
116,546
31,542
12,021
160,109
| Provision for depreciation and impairment |
59,971
7,059
13,582
39,330
Charge for year
22,140
1,250
3,572
17,318
82,111
8,309
17,154
56,648
59,898
14,388
3,712
77,998
63,546
14,263
2,681
80,490
2024
2025
400
400
| 4. Trade and other receivables |
2024
2025
137,418
238,652
114,565
27,473
266,125
251,983
| 5. Trade and other payables: amounts falling due within one year |
2024
2025
4,000
4,000
52,894
48,159
| Taxation and social security |
35,329
72,399
396,127
173,115
488,350
297,673
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For the year ended 31 March 2025
Onteck Limited
Notes to the Financial Statements Continued
| 6. Trade and other payables: amounts falling due after more than one year |
2024
2025
667
4,667
| 7. Guarantees and other financial commitments |
| At 31 March 2025 the company had annual commitments under non-cancellable operating leases as set out below: |
2024
2025
| Operating leases which expire: |
8,082
4,618
4,618
8,082
| 8. Average number of persons employed |
During the year the average number of employees was 6 (2024 : 6)
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