One Technologies International Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09005516 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2017

for

One Technologies International Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P Berkland

J M Persefield

M Henry

REGISTERED OFFICE:

38-42 Newport Street

Swindon

Wiltshire

SN1 3DR

REGISTERED NUMBER:

09005516 (England and Wales)

CURRENT ASSETS

Debtors

4

100

22,165

Cash at bank

-

40,900

100

63,065

CREDITORS

Amounts falling due within one year

5

-

3,245,901

NET CURRENT ASSETS/(LIABILITIES)

100

(3,182,836

)

TOTAL ASSETS LESS CURRENT LIABILITIES

100

(3,182,836

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

-

(3,182,936

)

SHAREHOLDERS' FUNDS

100

(3,182,836

)

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 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 3 May 2018 and were signed on its behalf by:

J M Persefield - Director

1.	STATUTORY INFORMATION

One Technologies International 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 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.

During the prior financial year the company ceased trading. The company will remain dormant for the

foreseeable future.

The financial statement are presented in sterling which is the functional currency of the company and rounded to

the nearest £.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Debtors and creditors

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at

transaction price. Any losses arising from impairment are recognised in the profit and loss account in other

administrative expenses.

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.

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.

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 NIL (2016 - 8 ).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Amounts owed by group undertakings

100

-

Other debtors

-

17,383

VAT

-

4,782

100

22,165

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade creditors

-

37,327

Amounts owed to group undertakings

-

3,044,416

Social security and other taxes

-

16,524

Other creditors

-

1,873

Accrued expenses

-

145,761

-

3,245,901

6.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 Section

1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party

transactions with the parent entity within the group as they are wholly owned.

All transactions with related parties outside of the group were conducted under normal market conditions.

7.	PARENT COMPANY

The company's parent company is One Technologies LLC a company incorporated in the United States of

America.The consolidated financial statements can be found at the parents registered address 8144 Walnut Hill

Lane, Suite 600, Dallas, TX, 75231.