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Company Registration No. 9304953 (England and Wales)
One Second Ltd Unaudited accounts for the year ended 31 March 2026
One Second Ltd Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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One Second Ltd Company Information for the year ended 31 March 2026
Directors
Claire Lomas David Lomas
Company Number
9304953 (England and Wales)
Registered Office
9 Derwent Close Leamington Spa Warwickshire CV32 6PA
Accountants
The Swan Partnership LLP 47 Royal Avenue Scarborough North Yorkshire YO11 2LS
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Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of One Second Ltd for the year ended 31 March 2026
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of One Second Ltd for the year ended 31 March 2026 as set out on pages 5 - 7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of One Second Ltd, as a body, in accordance with the terms of our engagement letter dated 7 January 2024. Our work has been undertaken solely to prepare for your approval the accounts of One Second Ltd and state those matters that we have agreed to state to the Board of Directors of One Second Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than One Second Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that One Second Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of One Second Ltd. You consider that One Second Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of One Second Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
The Swan Partnership LLP Chartered Certified Accountants 47 Royal Avenue Scarborough North Yorkshire YO11 2LS 13 April 2026
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One Second Ltd Statement of financial position as at 31 March 2026
2026 
2025 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
25,786 
34,383 
Investments
5
14,815 
14,815 
40,601 
49,198 
Current assets
Debtors
6
10,535 
11,400 
Cash at bank and in hand
49,998 
76,492 
60,533 
87,892 
Creditors: amounts falling due within one year
7
(98,951)
(98,096)
Net current liabilities
(38,418)
(10,204)
Net assets
2,183 
38,994 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
2,083 
38,894 
Shareholders' funds
2,183 
38,994 
For the year ending 31 March 2026 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 13 April 2026 and were signed on its behalf by
David Lomas Director Company Registration No. 9304953
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One Second Ltd Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
One Second Ltd is a private company, limited by shares, registered in England and Wales, registration number 9304953. The registered office is 9 Derwent Close, Leamington Spa, Warwickshire, CV32 6PA.
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.
Presentation currency
The accounts are presented in £ sterling.
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% written down value
Motor vehicles
25% written down value
Computer equipment
25% written down value
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2025
4,306 
56,950 
11,408 
72,664 
At 31 March 2026
4,306 
56,950 
11,408 
72,664 
Depreciation
At 1 April 2025
3,117 
24,915 
10,249 
38,281 
Charge for the year
298 
8,009 
290 
8,597 
At 31 March 2026
3,415 
32,924 
10,539 
46,878 
Net book value
At 31 March 2026
891 
24,026 
869 
25,786 
At 31 March 2025
1,189 
32,035 
1,159 
34,383 
5
Investments
Other investments 
£ 
Valuation at 1 April 2025
14,815 
Valuation at 31 March 2026
14,815 
- 6 -
One Second Ltd Notes to the Accounts for the year ended 31 March 2026
6
Debtors
2026 
2025 
£ 
£ 
Amounts falling due within one year
VAT
735 
- 
Trade debtors
9,800 
11,400 
10,535 
11,400 
7
Creditors: amounts falling due within one year
2026 
2025 
£ 
£ 
Bank loans and overdrafts
(87)
(86)
VAT
- 
1,325 
Obligations under finance leases and hire purchase contracts
222 
2,889 
Taxes and social security
9,099 
22,177 
Other creditors
5,000 
1,637 
Loans from directors
84,516 
69,953 
Accruals
201 
201 
98,951 
98,096 
8
Average number of employees
During the year the average number of employees was 2 (2025: 2).
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