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Company Registration No. 12737727 (England and Wales)
One Training Solutions Limited Unaudited accounts for the year ended 31 July 2025
One Training Solutions Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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One Training Solutions Limited Company Information for the year ended 31 July 2025
Directors
Colin Edwards Maureen Edwards
Company Number
12737727 (England and Wales)
Registered Office
83 Station Road Clenchwarton King's Lynn PE34 4DQ England
Accountants
M C Mallett Accountants Ltd 4 Hiltons Lane Wiggenhall St Germans King's Lynn Norfolk PE34 3EZ
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One Training Solutions Limited Statement of financial position as at 31 July 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
2,220
2,064
Current assets
Inventories
200
200
Debtors
14,326
5,314
Cash at bank and in hand
43,552
50,976
58,078
56,490
Creditors: amounts falling due within one year
(58,429)
(52,952)
Net current (liabilities)/assets
(351)
3,538
Total assets less current liabilities
1,869
5,602
Provisions for liabilities
Deferred tax
(400)
(400)
Net assets
1,469
5,202
Capital and reserves
Called up share capital
100
100
Profit and loss account
1,369
5,102
Shareholders' funds
1,469
5,202
For the year ending 31 July 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 20 April 2026 and were signed on its behalf by
Colin Edwards Director Company Registration No. 12737727
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One Training Solutions Limited Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
One Training Solutions Limited is a private company, limited by shares, registered in England and Wales, registration number 12737727. The registered office is 83 Station Road, Clenchwarton, King's Lynn, PE34 4DQ, 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.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
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:
Plant & machinery
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
3 years straight line
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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One Training Solutions Limited Notes to the Accounts for the year ended 31 July 2025
4
Tangible fixed assets
Total
£
Cost or valuation
At 1 August 2024
6,540
Additions
1,877
At 31 July 2025
8,417
Depreciation
At 1 August 2024
4,476
Charge for the year
1,721
At 31 July 2025
6,197
Net book value
At 31 July 2025
2,220
At 31 July 2024
2,064
5
Operating lease commitments
2025
2024
£
£
At 31 July 2025 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
7,010
7,010
Later than one year and not later than five years
2,337
9,347
9,347
16,357
6
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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