REGISTERED NUMBER: 05639398 (England and Wales)

Oninit Consulting Limited

Financial Statements

for the Year Ended 30th November 2025

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

3,538

2,458

Investments

5

863,894

565,185

867,432

567,643

CURRENT ASSETS

Debtors

6

103,041

263,322

Cash at bank

1,841,330

1,993,977

1,944,371

2,257,299

CREDITORS

Amounts falling due within one year

7

393,376

529,804

NET CURRENT ASSETS

1,550,995

1,727,495

TOTAL ASSETS LESS CURRENT LIABILITIES

2,418,427

2,295,138

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

2,418,327

2,295,038

SHAREHOLDERS' FUNDS

2,418,427

2,295,138

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 6th May 2026 and were signed on its behalf by:

J S Baker - Director

T S Mannakee - Director

1.	STATUTORY INFORMATION

Oninit Consulting Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

05639398

Registered office:

Rose Mount

39 Mount Street

Cirencester

Gloucestershire

GL7 1TJ

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 represents net invoiced sales of services (excluding VAT) as adjusted for the appropriate proportion of income arising from contracts for technical support or for remote services where those contracts extend beyond the accounting year.

Tangible fixed assets

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

Office equipment and furniture

-

over 3 to 5 years

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a money purchase 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 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Office

equipment

and

furniture

£

COST

At 1st December 2024

19,419

Additions

3,530

Disposals

(3,862

)

At 30th November 2025

19,087

DEPRECIATION

At 1st December 2024

16,961

Charge for year

2,450

Eliminated on disposal

(3,862

)

At 30th November 2025

15,549

NET BOOK VALUE

At 30th November 2025

3,538

At 30th November 2024

2,458

5.	FIXED ASSET INVESTMENTS

Shares in

group

Other

undertakings

investments

Totals

£

£

£

COST OR VALUATION

At 1st December 2024

1

565,184

565,185

Revaluations

-

298,709

298,709

At 30th November 2025

1

863,893

863,894

NET BOOK VALUE

At 30th November 2025

1

863,893

863,894

At 30th November 2024

1

565,184

565,185

Cost or valuation at 30th November 2025 is represented by:

Shares in

group

Other

undertakings

investments

Totals

£

£

£

Valuation in 2025

1

863,893

863,894

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

75,149

220,148

Other debtors

27,892

43,174

103,041

263,322

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

41,492

61,494

Taxation and social security

156,840

228,061

Other creditors

195,044

240,249

393,376

529,804