REGISTERED NUMBER: 07711609 (England and Wales)

ONE2ONE INSURANCE LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Page

Company Information

1

Report of the Accountants

2

Balance Sheet

3

to

4

Notes to the Financial Statements

5

to

7

DIRECTOR:

Mr Kashmiri Lal Ram

REGISTERED OFFICE:

4 Highlands Court

Cranmore Avenue

Solihull

West Midlands

B90 4LE

BUSINESS ADDRESS:

Trigate Business Centre

210 - 222 Hagley Road West

Oldbury

West Midlands

B68 0NP

REGISTERED NUMBER:

07711609 (England and Wales)

ACCOUNTANTS:

Shareef

Chartered Accountants

4 Highlands Court

Cranmore Avenue

Solihull

West Midlands

B90 4LE

BANKERS:

HSBC Bank Plc

96 High Street

Kings Heath

Birmingham

West Midlands

B14 7LD

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2024 set out on pages four to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Shareef

Chartered Accountants

4 Highlands Court

Cranmore Avenue

Solihull

West Midlands

B90 4LE

18 December 2025

FIXED ASSETS

Investments

4

186,900

186,900

Investment property

5

1,000,000

1,000,000

1,186,900

1,186,900

CURRENT ASSETS

Cash at bank

1,633

7,174

CREDITORS

Amounts falling due within one year

6

396,592

380,693

NET CURRENT LIABILITIES

(394,959

)

(373,519

)

TOTAL ASSETS LESS CURRENT LIABILITIES

791,941

813,381

CREDITORS

Amounts falling due after more than one year

7

(495,173

)

(520,807

)

PROVISIONS FOR LIABILITIES

(10,749

)

(10,749

)

NET ASSETS

286,019

281,825

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

9

32,246

32,246

Retained earnings

253,673

249,479

SHAREHOLDERS' FUNDS

286,019

281,825

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 18 December 2025 and were signed by:

Mr Kashmiri Lal Ram - Director

1.	STATUTORY INFORMATION

One2one Insurance 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 as modified by the revaluation of certain assets.

Turnover

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

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 (2023 - 1 ) .

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2024

and 31 December 2024

186,900

NET BOOK VALUE

At 31 December 2024

186,900

At 31 December 2023

186,900

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

and 31 December 2024

1,000,000

NET BOOK VALUE

At 31 December 2024

1,000,000

At 31 December 2023

1,000,000

The properties was valued by an officer of the company. In the director's opinion, the value of the properties was £1,000,000.

Fair value at 31 December 2024 is represented by:

£

Valuation in 2024

42,995

Cost

957,005

1,000,000

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

30,821

36,012

Amounts owed to group companies

365,306

341,788

Taxation and social security

-

2,828

Other creditors

465

65

396,592

380,693

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

495,173

520,807

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

365,378

370,758

8.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Bank loans

525,994

556,819

The bank loans are secured against the assets of the company and its subsidiary One2One Brokers Limited

9.

RESERVES

Revaluation

reserve

£

At 1 January 2024

and 31 December 2024

32,246