General Information
ONE2CALL LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06220567, registration address Unit 2 Long Acre Close, Holbrook, Sheffield, S20 3FR.
The presentation currency is £ sterling.
| 1. |
Accounting policies
Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Going concern basis
The directors believe that the company is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
| Computer Equipment |
25% Reducing Balance
|
| Fixtures and Fittings |
25% Reducing Balance
|
| Plant and Machinery |
25% Reducing Balance
|
| Motor Vehicles |
25% Straight Line
|
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
|
| 2. |
Average number of employees
Average number of employees during the year was 20 (2022 : 20).
|
| 3. |
Tangible fixed assets
| Cost or valuation |
Plant and Machinery |
|
Motor Vehicles |
|
Fixtures and Fittings |
|
Computer Equipment |
|
Total |
| |
£ |
|
£ |
|
£ |
|
£ |
|
£ |
| At 01 May 2022 |
8,597 |
|
53,823 |
|
12,651 |
|
26,743 |
|
101,814 |
| Additions |
35,000 |
|
- |
|
5,598 |
|
10,113 |
|
50,711 |
| Disposals |
- |
|
- |
|
- |
|
- |
|
- |
| At 30 April 2023 |
43,597 |
|
53,823 |
|
18,249 |
|
36,856 |
|
152,525 |
| Depreciation |
| At 01 May 2022 |
8,118 |
|
53,823 |
|
9,021 |
|
17,343 |
|
88,305 |
| Charge for year |
120 |
|
- |
|
2,307 |
|
4,880 |
|
7,307 |
| On disposals |
- |
|
- |
|
- |
|
- |
|
- |
| At 30 April 2023 |
8,238 |
|
53,823 |
|
11,328 |
|
22,223 |
|
95,612 |
| Net book values |
| Closing balance as at 30 April 2023 |
35,359 |
|
- |
|
6,921 |
|
14,633 |
|
56,913 |
| Opening balance as at 01 May 2022 |
479 |
|
- |
|
3,630 |
|
9,400 |
|
13,509 |
|
| 4. |
Debtors: amounts falling due within one year
|
2023
£ |
|
2022
£ |
| Trade Debtors |
183,359 |
|
248,883 |
| Other Debtors |
225,664 |
|
239,252 |
|
409,023 |
|
488,135 |
|
| 5. |
Creditors: amount falling due within one year
|
2023
£ |
|
2022
£ |
| Trade Creditors |
153,409 |
|
169,423 |
| Bank Loans & Overdrafts |
10,000 |
|
10,000 |
| Taxation and Social Security |
154,422 |
|
159,549 |
| Other Creditors |
62,086 |
|
10,160 |
|
379,917 |
|
349,132 |
|
| 6. |
Creditors: amount falling due after more than one year
|
2023
£ |
|
2022
£ |
| Bank Loans & Overdrafts |
21,667 |
|
31,667 |
|
21,667 |
|
31,667 |
|
| 7. |
Provisions for liabilities
|
2023
£ |
|
2022
£ |
| Deferred Tax |
14,231 |
|
0 |
|
14,231 |
|
0 |
|
| 8. |
Share Capital
Allotted, called up and fully paid
|
2023
£ |
|
2022
£ |
|
997
Class shares of £1.00 each |
997 |
|
2 |
|
997
Class A shares of £1.00 each |
997 |
|
2 |
|
1
Class B share of £1.00 each |
1 |
|
0 |
|
1
Class C share of £1.00 each |
1 |
|
0 |
|
1
Class D share of £1.00 each |
1 |
|
0 |
| 1 Class E share of £1.00 each |
1 |
|
0 |
| 1 Class F share of £1.00 each |
1 |
|
0 |
| 1 Class G share of £1.00 each |
1 |
|
0 |
|
2,000 |
|
4 |
Share Capital
During the year 1,996 ordinary shares were issued at par. All the classes of shares have equal rights on voting, dividends and capital distribution.
|
| 9. |
Controlling Party
The company was under the control of the directors throughout this and the previous year.
|
2
|
