One Team Logic Ltd - Accounts to registrar (filleted) - small 18.1

One Team Logic Ltd - Accounts to registrar (filleted) - small 18.1

THE SAFEGUARDING COMPANY LIMITED - Company Information

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IRIS Accounts Production v18.1.1.51 09075059 D Morton Board of Directors M P Baker Board of Directors M D Glanville Board of Directors R H Murphy Board of Directors 1.1.17 31.12.17 31.12.17 false true false false true false Ordinary Shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure090750592016-12-31090750592017-12-31090750592017-01-012017-12-31090750592015-12-31090750592016-01-012016-12-31090750592016-12-3109075059ns15:EnglandWales2017-01-012017-12-3109075059ns14:PoundSterling2017-01-012017-12-3109075059ns10:Director12017-01-012017-12-3109075059ns10:Director22017-01-012017-12-3109075059ns10:Director32017-01-012017-12-3109075059ns10:Director42017-01-012017-12-3109075059ns10:PrivateLimitedCompanyLtd2017-01-012017-12-3109075059ns10:SmallEntities2017-01-012017-12-3109075059ns10:AuditExempt-NoAccountantsReport2017-01-012017-12-3109075059ns10:SmallCompaniesRegimeForDirectorsReport2017-01-012017-12-3109075059ns10:SmallCompaniesRegimeForAccounts2017-01-012017-12-3109075059ns10:FullAccounts2017-01-012017-12-3109075059ns10:OrdinaryShareClass12017-01-012017-12-3109075059ns10:RegisteredOffice2017-01-012017-12-3109075059ns5:CurrentFinancialInstruments2017-12-3109075059ns5:CurrentFinancialInstruments2016-12-3109075059ns5:Non-currentFinancialInstruments2017-12-3109075059ns5:Non-currentFinancialInstruments2016-12-3109075059ns5:ShareCapital2017-12-3109075059ns5:ShareCapital2016-12-3109075059ns5:SharePremium2017-12-3109075059ns5:SharePremium2016-12-3109075059ns5:RetainedEarningsAccumulatedLosses2017-12-3109075059ns5:RetainedEarningsAccumulatedLosses2016-12-3109075059ns5:FurnitureFittings2017-01-012017-12-3109075059ns5:ComputerEquipment2017-01-012017-12-3109075059ns5:FurnitureFittings2016-12-3109075059ns5:ComputerEquipment2016-12-3109075059ns5:FurnitureFittings2017-12-3109075059ns5:ComputerEquipment2017-12-3109075059ns5:FurnitureFittings2016-12-3109075059ns5:ComputerEquipment2016-12-3109075059ns5:CurrentFinancialInstrumentsns5:WithinOneYear2017-12-3109075059ns5:CurrentFinancialInstrumentsns5:WithinOneYear2016-12-3109075059ns10:OrdinaryShareClass12017-12-31


REGISTERED NUMBER: 09075059 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2017

for

One Team Logic Ltd
One Team Logic Ltd (Registered number: 09075059)






Contents of the Financial Statements
for the Year Ended 31 December 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


One Team Logic Ltd

Company Information
for the Year Ended 31 December 2017







DIRECTORS: M P Baker
M D Glanville
D Morton
R H Murphy





REGISTERED OFFICE: Unit 2
Talbot Green Business Park
Talbot Green
Rhondda Cynon Taff
CF72 9FG





REGISTERED NUMBER: 09075059 (England and Wales)





ACCOUNTANTS: JK Accountancy
The Business Centre
Cardiff Road
Barry
CF63 2AW
Page 1
One Team Logic Ltd (Registered number: 09075059)

Balance Sheet
31 December 2017

31.12.17 31.12.16
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 35,755 2,554

CURRENT ASSETS
Debtors 5 137,644 83,934
Cash at bank 90,821 16,481
228,465 100,415
CREDITORS
Amounts falling due within one year 6 173,917 90,883
NET CURRENT ASSETS 54,548 9,532
TOTAL ASSETS LESS CURRENT
LIABILITIES
90,303
12,086

CREDITORS
Amounts falling due after more than one
year
7
64,333
-
NET ASSETS 25,970 12,086

CAPITAL AND RESERVES
Called up share capital 8 1,026 1,026
Share premium 9,974 9,974
Retained earnings 14,970 1,086
SHAREHOLDERS' FUNDS 25,970 12,086

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 notes form part of these financial statements

Page 2 continued...
One Team Logic Ltd (Registered number: 09075059)

Balance Sheet - continued
31 December 2017


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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

The financial statements were approved by the Board of Directors on 22 May 2018 and were signed on its behalf by:




D Morton - Director M P Baker - Director




M D Glanville - Director R H Murphy - Director


The notes form part of these financial statements

Page 3
One Team Logic Ltd (Registered number: 09075059)

Notes to the Financial Statements
for the Year Ended 31 December 2017

1. STATUTORY INFORMATION

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

Turnover
Turnover 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.
Fixtures and fittings - 20% on cost
Computer equipment - 25% on reducing balance

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2016 - 5 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 January 2017 1,029 2,963 3,992
Additions 11,162 27,960 39,122
At 31 December 2017 12,191 30,923 43,114
DEPRECIATION
At 1 January 2017 206 1,232 1,438
Charge for year 1,595 4,326 5,921
At 31 December 2017 1,801 5,558 7,359
NET BOOK VALUE
At 31 December 2017 10,390 25,365 35,755
At 31 December 2016 823 1,731 2,554

Page 4 continued...
One Team Logic Ltd (Registered number: 09075059)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2017

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.17 31.12.16
£    £   
Trade debtors 69,452 58,183
Other debtors 68,192 25,751
137,644 83,934

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.17 31.12.16
£    £   
Bank loans and overdrafts 10,310 -
Trade creditors 59,044 81,665
Taxation and social security 56,351 1,985
Other creditors 48,212 7,233
173,917 90,883

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.17 31.12.16
£    £   
Bank loans 32,648 -
Other creditors 31,685 -
64,333 -

8. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31.12.17 31.12.16
value: £    £   
1,026 Ordinary Shares 1 1,026 1,026

Page 5