OONAGI STEVENAGE LIMITED


Director	Haroon Gulam Ibrahim


Registered Address	42 High Street Wanstead
	London
	E11 2RJ


Registered Number	13427405 (England and Wales)

Balance Sheet as at
30 June 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Tangible assets	3		5,794		13,565
			5,794		13,565
Current assets
Debtors	4	50,251		27,865
Cash at bank and on hand		13,868		22,524
		64,119		50,389
Creditors amounts falling due within one year	5	(332,972)		(287,602)
Net current assets (liabilities)			(268,853)		(237,213)
Total assets less current liabilities			(263,059)		(223,648)
Creditors amounts falling due after one year	6		(60,417)		-
Net assets			(323,476)		(223,648)
Capital and reserves
Called up share capital			300		300
Profit and loss account			(323,776)		(223,948)
Shareholders' funds			(323,476)		(223,648)

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 16 September 2026, and are signed on its behalf by:

Haroon Gulam Ibrahim
Director
Registered Company No. 13427405

OONAGI STEVENAGE LIMITED

Notes to the Financial Statements
for the year ended 30 June 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Going concern
	After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.

	Turnover policy
	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.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

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

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Straight line (years)
	Plant and machinery	4
	Fixtures and fittings	5
	Office Equipment	3

2.	Average number of employees


		2026		2025
	Average number of employees during the year	23		28

3.	Tangible fixed assets

	Plant & machinery	Fixtures & fittings	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 July 25	7,908	28,968	6,900	43,776
At 30 June 26	7,908	28,968	6,900	43,776
Depreciation and impairment
At 01 July 25	5,931	17,380	6,900	30,211
Charge for year	1,977	5,794	-	7,771
At 30 June 26	7,908	23,174	6,900	37,982
Net book value
At 30 June 26	-	5,794	-	5,794
At 30 June 25	1,977	11,588	-	13,565

4.	Debtors: amounts due within one year

	2026	2025
	£	£
Trade debtors / trade receivables	5,401	9,553
Other debtors	44,850	6,188
Prepayments and accrued income	-	12,124
Total	50,251	27,865


	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.

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.

5.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	33,539	46,512
Bank borrowings and overdrafts	54,997	-
Amounts owed to related parties	10,138	10,138
Taxation and social security	43,156	47,022
Other creditors	191,142	183,930
Total	332,972	287,602


	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.

6.	Creditors: amounts due after one year

	2026	2025
	£	£
Bank borrowings and overdrafts	60,417	-
Total	60,417	-

7.	Other commitments
	The Company has a yearly commitment for paying rent to the lessor in the amount for £ 50,000.