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Company Registration No. 15843693 (England and Wales)
1ct Initiative Ltd Unaudited accounts for the year ended 31 July 2026
1ct Initiative Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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1ct Initiative Ltd Company Information for the year ended 31 July 2026
Directors
Efosa James Osayande Sophia Mensah
Company Number
15843693 (England and Wales)
Registered Office
10 Blake Street Rochdale OL16 2NE United Kingdom
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1ct Initiative Ltd Statement of financial position as at 31 July 2026
2026
2025
Notes
£
£
Net current assets
-
-
Net assets
-
-
Shareholders' funds
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-
For the year ending 31 July 2026 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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 12 August 2026 and were signed on its behalf by
Efosa James Osayande Director Company Registration No. 15843693
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1ct Initiative Ltd Notes to the Accounts for the year ended 31 July 2026
1
Statutory information
1ct Initiative Ltd is a private company, limited by shares, registered in England and Wales, registration number 15843693. The registered office is 10 Blake Street, Rochdale, OL16 2NE, United Kingdom.
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
These financial statements for the year ended 31 July 2026 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 17 July 2024. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
4
Average number of employees
During the year the average number of employees was 0 (2025: 0).
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