Company Registration No. 08719746 (England and Wales)
ONAMASIN LIMITED
Unaudited accounts
for the year ended 31 October 2022
ONAMASIN LIMITED
Unaudited accounts
Contents
ONAMASIN LIMITED
Company Information
for the year ended 31 October 2022
Directors
Chike Charles NGWUOCHA
Ngozi NGWUOCHA
Company Number
08719746 (England and Wales)
Registered Office
37 BETTERIDGE DRIVE
SUTTON COLDFIELD, BIRMINGHAM
WEST MIDLANDS
B76 1FN
Accountants
Johnson Olanrewaju
High Glory Associates
61 Sherbourne Close
Dartford
Dartford, Kent
DA1 5WQ
ONAMASIN LIMITED
Statement of financial position
as at 31 October 2022
Cash at bank and in hand
6,319
5,452
Creditors: amounts falling due within one year
(6,664)
(3,975)
Net current assets
20,439
22,127
Total assets less current liabilities
20,439
22,127
Creditors: amounts falling due after more than one year
(19,125)
(21,875)
Called up share capital
100
100
Profit and loss account
1,214
152
Shareholders' funds
1,314
252
For the year ending 31 October 2022 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 directors acknowledge 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 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 of Directors and authorised for issue on 12 December 2022 and were signed on its behalf by
Ngozi NGWUOCHA
Director
Company Registration No. 08719746
ONAMASIN LIMITED
Notes to the Accounts
for the year ended 31 October 2022
ONAMASIN LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08719746. The registered office is 37 BETTERIDGE DRIVE, SUTTON COLDFIELD, BIRMINGHAM, WEST MIDLANDS, B76 1FN.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Amounts falling due within one year
Amounts falling due after more than one year
Other debtors
17,500
20,000
5
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
3,000
2,500
Taxes and social security
3,064
1,475
6
Creditors: amounts falling due after more than one year
2022
2021
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
ONAMASIN LIMITED
Notes to the Accounts
for the year ended 31 October 2022
8
Average number of employees
During the year the average number of employees was 2 (2021: 2).
