REGISTERED NUMBER: 13050809 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2025

for

No One Internet Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D M Elsom

REGISTERED OFFICE:

78, The Foundry

The Beacon

Eastbourne

East Sussex

BN21 3NW

REGISTERED NUMBER:

13050809 (England and Wales)

ACCOUNTANTS:

Porters Associates Ltd

38 Central Avenue

Polegate

East Sussex

BN26 6HA

FIXED ASSETS

Tangible assets

4

167,821

208,294

CURRENT ASSETS

Stocks

5

20,495

40,495

Debtors

6

91,746

95,703

Cash at bank

18,171

24,869

130,412

161,067

CREDITORS

Amounts falling due within one year

7

261,444

330,566

NET CURRENT LIABILITIES

(131,032

)

(169,499

)

TOTAL ASSETS LESS CURRENT LIABILITIES

36,789

38,795

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

9

36,689

38,695

SHAREHOLDERS' FUNDS

36,789

38,795

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 20 May 2026 and were signed by:

D M Elsom - Director

1.	STATUTORY INFORMATION

No One Internet Ltd 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.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 November 2024

and 31 October 2025

239,728

50,000

289,728

DEPRECIATION

At 1 November 2024

48,434

33,000

81,434

Charge for year

23,973

16,500

40,473

At 31 October 2025

72,407

49,500

121,907

NET BOOK VALUE

At 31 October 2025

167,321

500

167,821

At 31 October 2024

191,294

17,000

208,294

5.

STOCKS

31.10.25

31.10.24

£

£

Stocks

5,495

15,495

Work-in-progress

15,000

25,000

20,495

40,495

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

91,718

95,503

Other debtors

28

200

91,746

95,703

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans and overdrafts

72,480

49,210

Trade creditors

100,513

134,113

Tax

897

-

Social security and other taxes

5,262

2,692

Pension control

2,948

1,845

VAT

11,470

47,223

Other creditors

12,684

4,730

Directors' current accounts

55,190

90,753

261,444

330,566

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.25

31.10.24

value:

£

£

100

Ordinary £1.00

£1

100

100

9.

RESERVES

Retained

earnings

£

At 1 November 2024

38,695

Profit for the year

7,994

Dividends

(10,000

)

At 31 October 2025

36,689

10.	RELATED PARTY DISCLOSURES

At the year end, Mr D Elsom was owed £55,190 (2024: £90,753 ) by the company. There are no terms attached to this loan.