One Way Resourcing Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

1. General Information

One Way Resourcing Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 05271250 . The registered office is 24 Picton House Hussar Court, Waterlooville, Hampshire, PO7 7SQ.

The presentation currency of the financial statements is the Pound Sterling (£).

Accounts are rounded to the nearest pound.

The accounts represent the company as an individual entity.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, however, the going concern basis remains appropriate.

2.3. Significant judgements and estimations

In preparing the financial statements in accordance with FRS 102, management is required to make judgements, estimates, and assumptions that affect the application of accounting policies and the reported amounts of assets, liabilities, income, and expenses. Actual results may differ from these estimates.

Estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period or in the period of the revision and future periods if the revision affects both current and future periods.

2.4. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	Straight line over 5 years
Fixtures & Fittings	3 years on cost
Computer Equipment	3 years on cost

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One Way Resourcing Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.6. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.7. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.8. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 13 (2025: 14)

4. Prior Period Adjustment

The accounts have been restated to correct the postings within the capital redemption reserve and the profit and loss reserve. The change has resulted in no change to the profit avaliable for distribution as at 31 March 2025.

Summary of prior year accounting impact	£ Orginal	£ Restated	£ Adjustment
Capitalk and Reserves
Called up share capital	100	100	-
Capital redemption reserve	(£6,778)	£47	£6,825
Profit and Loss Account	(£131,362)	(£138,188)	(£6,825)
Shareholders Funds	(£138,040)	(£138,040)	-

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One Way Resourcing Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

5. Tangible Assets

	Land & Property
	Leasehold	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 April 2025	185,602	13,575	3,198	202,375
Additions	-	-	13,302	13,302

As at 31 March 2026	185,602	13,575	16,500	215,677

Depreciation
As at 1 April 2025	185,602	13,575	3,198	202,375
Provided during the period	-	-	1,108	1,108

As at 31 March 2026	185,602	13,575	4,306	203,483

Net Book Value
As at 31 March 2026	-	-	12,194	12,194

As at 1 April 2025	-	-	-	-

6. Debtors

	2026	2025 as restated
	£	£
Due within one year
Trade debtors	1,414,661	1,289,236
Other debtors	385,887	464,818

	1,800,548	1,754,054

7. Creditors: Amounts Falling Due Within One Year

	2026	2025 as restated
	£	£
Net obligations under finance lease and hire purchase contracts	2,660	-
Trade creditors	815,098	638,550
Bank loans and overdrafts	12,694	48,145
Other creditors	998,857	1,142,459
Taxation and social security	61,976	55,023

	1,891,285	1,884,177

Included within other creditors are the company's invoice financing liability of £900,811 (2025: £954,681).

This is secured by a debenture and fixed and floating charges over the the undertaking and all property and assets present and future including goodwill, book debts, uncalled capital, buildings, fixtures, fixed plant and machinery.

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One Way Resourcing Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

8. Creditors: Amounts Falling Due After More Than One Year

	2026	2025 as restated
	£	£
Net obligations under finance lease and hire purchase contracts	9,533	-
Bank loans	-	12,694

	9,533	12,694

9. Obligations Under Finance Leases and Hire Purchase

	2026	2025 as restated
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	2,660	-
Later than one year and not later than five years	9,533	-

	12,193	-

	12,193	-

10. Share Capital

	2026	2025 as restated
	£	£
Allotted, Called up and fully paid	100	100

Share-Based Payment Transactions

During the year the company operated an approved Enterprise Management Investments scheme.

	Number of Share Options	Number of Share Options	Weighted avergae exercise price	Weighted avergae exercise price
	2026	2025	2026	2025
Outstanding at 1 April 2025 and 31 March 2026	1,024	1,024	77.05	77.05
Exercisable at 31 March 2026	1,024	1,024	77.05	77.05

The options outstanding at 31 March 2026 had an exercise price of £77.05, and a remaining contractual life of 6 years.

The option will be settled by the issue and allotment of fully-paid E ordinary shares.

The fair value of the options is the difference between the Actual Market Value and the Exercise Price. There was no charge to the profit and loss in the period as the Exercise Price was grater than the Actual Market Value

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		2026		2025 as restated
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		12,194		-

			12,194		-
CURRENT ASSETS
Debtors	6	1,800,548		1,754,054
Cash at bank and in hand		23,614		4,776

		1,824,162		1,758,830
Creditors: Amounts Falling Due Within One Year	7	(1,891,285 )		(1,884,177 )

NET CURRENT ASSETS (LIABILITIES)			(67,123 )		(125,347 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(54,929 )		(125,347 )

Creditors: Amounts Falling Due After More Than One Year	8		(9,533 )		(12,694 )

NET LIABILITIES			(64,462 )		(138,041 )

CAPITAL AND RESERVES
Called up share capital	10		100		100
Capital redemption reserve			47		47
Profit and Loss Account			(64,609 )		(138,188 )

SHAREHOLDERS' FUNDS			(64,462)		(138,041)