REGISTERED NUMBER: 04281952 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 October 2025

for

Onesystem Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

I M Shaw

Mrs J E Shaw

SECRETARY:

Mrs J E Shaw

REGISTERED OFFICE:

Breachlands

Breach Lane

Melbourne

Derby

Derbyshire

DE73 8DF

REGISTERED NUMBER:

04281952 (England and Wales)

ACCOUNTANTS:

Bates Weston LLP

Chartered Accountants

The Mills

Canal Street

Derby

DE1 2RJ

BANKERS:

Lloyds Bank

43 Irongate

Derby

DE1 3FT

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

10,070

11,881

10,070

11,881

CURRENT ASSETS

Debtors

6

10,577

9,696

Cash at bank

66

4,356

10,643

14,052

CREDITORS

Amounts falling due within one year

7

155,069

154,726

NET CURRENT LIABILITIES

(144,426

)

(140,674

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(134,356

)

(128,793

)

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

(134,556

)

(128,993

)

SHAREHOLDERS' FUNDS

(134,356

)

(128,793

)

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 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 June 2026 and were signed on its behalf by:

I M Shaw - Director

1.	STATUTORY INFORMATION

Onesystem 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Equipment

-

15% on reducing balance

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The capital element of the future payments is treated as a liability.

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

Deferred taxation

Deferred tax is recognised in respect of all material timing differences.

A deferred tax asset is only recognised where it is more likely than not that there will be suitable profits from which the future reversal of losses can be deducted.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 November 2024

and 31 October 2025

7,000

AMORTISATION

At 1 November 2024

and 31 October 2025

7,000

NET BOOK VALUE

At 31 October 2025

-

At 31 October 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Equipment

Totals

£

£

£

£

£

COST

At 1 November 2024

and 31 October 2025

17,592

22,410

21,026

83,940

144,968

DEPRECIATION

At 1 November 2024

15,181

21,021

20,734

76,151

133,087

Charge for year

362

208

73

1,168

1,811

At 31 October 2025

15,543

21,229

20,807

77,319

134,898

NET BOOK VALUE

At 31 October 2025

2,049

1,181

219

6,621

10,070

At 31 October 2024

2,411

1,389

292

7,789

11,881

6.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Deferred tax asset

Tax losses carried forward

10,577

9,696

10,577

9,696

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

-

340

Directors' current account

153,510

152,886

Accrued expenses

1,559

1,500

155,069

154,726