All One Service Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08197245 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 August 2021

for

ALL ONE SERVICE LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

M D Thompson

REGISTERED OFFICE:

Office 3.05 1 King Street

London

EC2V 8AU

REGISTERED NUMBER:

08197245 (England and Wales)

ACCOUNTANTS:

Adams Beeny Limited

Chartered Certified Accountants

4 Sudley Road

Bognor Regis

West Sussex

PO21 1EU

FIXED ASSETS

Property, plant and equipment

4

1,002

1,337

CURRENT ASSETS

Debtors

5

17,322

17,598

Cash in hand

218

218

17,540

17,816

CREDITORS

Amounts falling due within one year

6

20,342

19,145

NET CURRENT LIABILITIES

(2,802

)

(1,329

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,800

)

8

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(1,900

)

(92

)

SHAREHOLDERS' FUNDS

(1,800

)

8

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 September 2022 and were signed by:

M D Thompson - Director

1.	STATUTORY INFORMATION

All One Service Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2020 - 1 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 1 September 2020

and 31 August 2021

2,437

DEPRECIATION

At 1 September 2020

1,100

Charge for year

335

At 31 August 2021

1,435

NET BOOK VALUE

At 31 August 2021

1,002

At 31 August 2020

1,337

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.21

31.8.20

£

£

Trade debtors

739

901

Other debtors

16,583

16,697

17,322

17,598

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.21

31.8.20

£

£

Bank loans and overdrafts

3

2

Trade creditors

6,368

6,234

Taxation and social security

9,971

8,909

Other creditors

4,000

4,000

20,342

19,145

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2021 and 31 August 2020:

31.8.21

31.8.20

£

£

M D Thompson

Balance outstanding at start of year

6,333

7,723

Amounts advanced

9,173

3,376

Amounts repaid

(9,288

)

(4,766

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

6,218

6,333

The Director's loan was repaid within 9 months of the year end.

8.	RELATED PARTY DISCLOSURES

The Company remained under the control of its Directors'.