One-Nor Limited - Filleted accounts

Registered number

09281491

One-Nor Limited

Unaudited Filleted Accounts

30 November 2025

One-Nor Limited
Registered number:		09281491
Balance Sheet
as at 30 November 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		29,009			50,069

Current assets
Debtors	4	70,872			69,989
Cash at bank and in hand		201,808			185,682
		272,680			255,671

Creditors: amounts falling due within one year	5	(41,642)			(48,494)

Net current assets			231,038			207,177

Total assets less current liabilities			260,047			257,246

Creditors: amounts falling due after more than one year	6		(14,219)			(20,783)

Provisions for liabilities			(5,802)			(12,517)

Net assets			240,026			223,946

Capital and reserves
Called up share capital			100			100
Profit and loss account			239,926			223,846

Shareholders' funds			240,026			223,946

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Alastair Bond
Director
Approved by the board on 24 August 2026

One-Nor Limited
Notes to the Accounts
for the year ended 30 November 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Fixtures, fittings, tools and equipment	15% to 25% on cost

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			2		2


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 December 2024	52,710		70,214		122,924
	Additions	3,597		-		3,597
	At 30 November 2025	56,307		70,214		126,521

	Depreciation
	At 1 December 2024	40,818		32,037		72,855
	Charge for the year	7,104		17,553		24,657
	At 30 November 2025	47,922		49,590		97,512

	Net book value
	At 30 November 2025	8,385		20,624		29,009
	At 30 November 2024	11,892		38,177		50,069


4	Debtors			2025		2024
£					£

	Trade debtors			17,127		14,603
	Other debtors			53,745		55,386
				70,872		69,989


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Bank loans and overdrafts			4,650		6,200
	Obligations under finance lease and hire purchase contracts			1,914		1,914
	Trade creditors			216		-
	Taxation and social security costs			31,821		32,598
	Other creditors			3,041		7,782
				41,642		48,494


6	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			-		4,650
	Obligations under finance lease and hire purchase contracts			14,219		16,133
				14,219		20,783


7	Pension commitments

	The company operates a defined contribution pension scheme. The contributions payable during the year were £19,500 (2023 - £6,000).


8	Controlling party

	The company is controlled by the director and majority shareholder Alastair Bond.


9	Other information

	One-Nor Limited is a private company limited by shares and incorporated in England. Its registered office is:

	Salvus House
	Aykley Heads
	Durham City
	Durham
	DH1 5TS