Onesoon Limited - Limited company - abbreviated

REGISTERED NUMBER: 04746025 (England and Wales)

ONESOON LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 OCTOBER 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr R Taylor Carr

Mr D Cloudsdale

Mr L Thurman

SECRETARY:

Mr R Taylor Carr

REGISTERED OFFICE:

7 St John Street

Mansfield

Nottinghamshire

NG18 1QH

REGISTERED NUMBER:

04746025 (England and Wales)

ACCOUNTANTS:

ApC

Chartered Accountants

7 St John Street

Mansfield

Nottinghamshire

NG18 1QH

BANKERS:

Barclays

Leicester

LE87 2BB

FIXED ASSETS

Intangible assets

2

5,408

-

Tangible assets

3

1

5,409

1

CURRENT ASSETS

Debtors

72,066

62,472

Cash at bank

77,288

65,015

149,354

127,487

CREDITORS

Amounts falling due within one year

27,414

22,130

NET CURRENT ASSETS

121,940

105,357

TOTAL ASSETS LESS CURRENT
LIABILITIES

127,349

105,358

CAPITAL AND RESERVES

Called up share capital

4

1

Profit and loss account

127,348

105,357

SHAREHOLDERS' FUNDS

127,349

105,358

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 25 May 2015 and were signed on its behalf by:

Mr R Taylor Carr - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents the value excluding Value Added Tax of services provided to customers during the year. In

respect of services provided, all income is taken to profit and loss at the same point as the right to receive

consideration has been acquired.

Tangible fixed assets

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

Computer equipment

-

25% straight line

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling

at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Financial instruments

Financial instruments and equity instruments are classified according to the substance of the contractual

arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets

of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar

debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented

as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the

profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the

outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability

then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are

debited direct to equity.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

Additions

5,408

At 31 October 2014

5,408

NET BOOK VALUE

At 31 October 2014

5,408

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2013

and 31 October 2014

10,202

DEPRECIATION

At 1 November 2013

and 31 October 2014

10,201

NET BOOK VALUE

At 31 October 2014

1

At 31 October 2013

1

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

1

Ordinary

£1

1

5.	ULTIMATE PARENT COMPANY

Accsys Spangle Limited is regarded by the directors as being the company's ultimate parent company.

Onesoon Limited - Limited company - abbreviated - 11.6

Onesoon Limited - Limited company - abbreviated - 11.6