Company No: 05867971 (England and Wales)

Contents

• Company Information
• Accountant's Report
• Statement of Financial Position
• Notes to the Unaudited Financial Statements

DIRECTOR	Peter Mccann
REGISTERED OFFICE	Century House
	Nicholson Road
	Torquay
	TQ2 7TD
	England
	United Kingdom
COMPANY NUMBER	05867971(England and Wales)
CHARTERED ACCOUNTANTS	Bishop Fleming LLP
	Century House
	Nicholson Road
	Torquay
	TQ2 7TD

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Certaintyone Limited for the financial year ended 31 March 2021 which comprises the Statement of Financial Position and the related notes 1 to 7 from the Company’s accounting records and from information and explanations you have given us.

We are subject to the ethical and other professional requirements of the Institute of Chartered Accountants in England and Wales (ICAEW) which are detailed at _http://www.icaew.com/en/members/regulations-standards-and-guidance/_.

It is your duty to ensure that Certaintyone Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Certaintyone Limited. You consider that Certaintyone Limited is exempt from the statutory audit requirement for the financial year.

We have not been instructed to carry out an audit or a review of the financial statements of Certaintyone Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

This report is made solely to the Director of Certaintyone Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Certaintyone Limited and state those matters that we have agreed to state to you in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Certaintyone Limited and its Director as a body for our work or for this report.

Bishop Fleming LLP
Chartered Accountants

Century House
Nicholson Road
Torquay
TQ2 7TD

14 June 2021

		2021		2020
	Note	£		£
Current assets
Debtors		0		0
Cash at bank and in hand	4	234		154
		234		154
Creditors
Amounts falling due within one year	5	( 41,580)		( 40,617)
Net current liabilities		(41,346)		(40,463)
Total assets less current liabilities		(41,346)		(40,463)
Net liabilities		( 41,346)		( 40,463)
Capital and reserves
Called-up share capital	6	100		100
Profit and loss account		( 41,446 )		( 40,563 )
Total shareholder's deficit		( 41,346)		( 40,463)

For the financial year ending 31 March 2021 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Certaintyone Limited (registered number: 05867971) were approved and authorised for issue by the Director on 02 June 2021. They were signed on its behalf by:

Peter Mccann Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year.

General information and basis of accounting

Certaintyone Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Century House, Nicholson Road, Torquay, TQ2 7TD, England, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council.

The functional currency of Certaintyone Limited is considered to be pounds sterling because that is the currency of the primary economic environment in which the Company operates.

Going concern

In 2021 the director made the decision that the Company would cease trading. As a result the financial statements have been prepared on the break up basis. All long term liabilities have been restated as current and the directors have included in the financial statements any provision for future costs of terminating the business, which were committed to at the balance sheet date.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the sale of goods is recognised when the goods are physically delivered to the customer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the Statement of Financial Position date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the Statement of Financial Position date. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line basis over its expected useful life, as follows:

Fixtures and fitting 25%
Office equipment 25%

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

2. Employees

	2021		2020
	Number		Number
Monthly average number of persons employed by the Company during the year, including director	1		1

3. Tangible assets

	Plant and machinery etc		Total
	£		£
Cost/Valuation
At 01 April 2020	4,288		4,288
At 31 March 2021	4,288		4,288
Accumulated depreciation
At 01 April 2020	4,288		4,288
At 31 March 2021	4,288		4,288
Net book value
At 31 March 2021	0		0
At 31 March 2020	0		0

4. Cash and cash equivalents

	2021		2020
	£		£
Cash at bank and in hand	234		154

5. Creditors: amounts falling due within one year

	2021		2020
	£		£
Other creditors	41,580		40,617

6. Called-up share capital

	2021		2020
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100

7. Related party transactions

Transactions with the entity's director

	2021		2020
	£		£
Paul McCann	40,667		37,254

No interest is charged and the loan is due to be repaid on the striking off of the company.