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Company Registration No. 11746112 (England and Wales)
ONAS DRIVE LTD Unaudited accounts for the year ended 31 January 2026
ONAS DRIVE LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
ONAS DRIVE LTD Company Information for the year ended 31 January 2026
Director
ONAH, Emeka Kyrian
Company Number
11746112 (England and Wales)
Registered Office
25 ELM TREE ROAD SALFORD M6 6GR UNITED KINGDOM
- 3 -
ONAS DRIVE LTD Statement of financial position as at 31 January 2026
2026 
2025 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
11,250 
- 
Current assets
Debtors
5
1,654 
15,490 
Cash at bank and in hand
192 
1,271 
1,846 
16,761 
Net current assets
1,846 
16,761 
Total assets less current liabilities
13,096 
16,761 
Creditors: amounts falling due after more than one year
6
(10,240)
(13,878)
Net assets
2,856 
2,883 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
2,855 
2,882 
Shareholders' funds
2,856 
2,883 
For the year ending 31 January 2026 the company was entitled to exemption from audit 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 his 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 and authorised for issue on 30 October 2026 and were signed on its behalf by
ONAH, Emeka Kyrian Director Company Registration No. 11746112
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ONAS DRIVE LTD Notes to the Accounts for the year ended 31 January 2026
1
Statutory information
ONAS DRIVE LTD is a private company, limited by shares, registered in England and Wales, registration number 11746112. The registered office is 25 ELM TREE ROAD, SALFORD, M6 6GR, 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
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 February 2025
- 
Additions
11,250 
At 31 January 2026
11,250 
Depreciation
At 31 January 2026
- 
Net book value
At 31 January 2026
11,250 
5
Debtors
2026 
2025 
£ 
£ 
Amounts falling due within one year
Other debtors
- 
1,612 
Amounts falling due after more than one year
Other debtors
1,654 
13,878 
6
Creditors: amounts falling due after more than one year
2026 
2025 
£ 
£ 
Bank loans
10,240 
13,878 
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ONAS DRIVE LTD Notes to the Accounts for the year ended 31 January 2026
7
Average number of employees
During the year the average number of employees was 0 (2025: 0).
- 6 -