1 May 2021 false No description of principal activity Taxfiler 2022.8.3 SC593424business:PrivateLimitedCompanyLtd2021-05-012022-04-30 SC5934242021-04-30 SC5934242021-05-012022-04-30 SC593424business:AuditExemptWithAccountantsReport2021-05-012022-04-30 SC593424business:FullAccounts2021-05-012022-04-30 SC5934242022-04-30 SC593424business:Director12021-05-012022-04-30 SC593424business:RegisteredOffice2021-05-012022-04-30 SC5934242021-04-30 SC593424core:WithinOneYear2022-04-30 SC593424core:WithinOneYear2021-04-30 SC593424core:AfterOneYear2022-04-30 SC593424core:AfterOneYear2021-04-30 SC593424core:ShareCapital2022-04-30 SC593424core:ShareCapital2021-04-30 SC593424core:RetainedEarningsAccumulatedLosses2022-04-30 SC593424core:RetainedEarningsAccumulatedLosses2021-04-30 SC593424business:SmallEntities2021-05-012022-04-30 SC593424countries:Scotland2021-05-012022-04-30 SC593424core:FurnitureFittings2021-05-012022-04-30 SC593424core:ComputerEquipment2021-05-012022-04-30 SC593424core:FurnitureFittings2021-04-30 SC593424core:ComputerEquipment2021-04-30 SC593424core:FurnitureFittings2022-04-30 SC593424core:ComputerEquipment2022-04-30 SC593424business:OrdinaryShareClass12021-05-012022-04-30 SC593424business:OrdinaryShareClass12020-05-012021-04-30 SC593424business:Director112021-05-012022-04-30 SC593424business:Director112021-04-30 SC593424business:Director112022-04-30 SC5934242020-05-012021-04-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. SC593424 (Scotland)
WORD WISE WEB LTD Unaudited accounts for the year ended 30 April 2022
WORD WISE WEB LTD Unaudited accounts Contents
Page
- 2 -
WORD WISE WEB LTD Company Information for the year ended 30 April 2022
Director
DICKINSON, Lee James
Company Number
SC593424 (Scotland)
Registered Office
451F HOLBURN STREET ABERDEEN AB10 7GU SCOTLAND
Accountants
Bergen Associates 68 Carden Place, West End Aberdeen AB10 1UL
- 3 -
WORD WISE WEB LTD Statement of financial position as at 30 April 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,179 
3,020 
Current assets
Cash at bank and in hand
5,120 
7,152 
Creditors: amounts falling due within one year
(2,015)
(4,713)
Net current assets
3,105 
2,439 
Total assets less current liabilities
4,284 
5,459 
Creditors: amounts falling due after more than one year
(3,978)
(5,000)
Net assets
306 
459 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
305 
458 
Shareholders' funds
306 
459 
For the year ending 30 April 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 director acknowledges his 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 and authorised for issue on 1 September 2022 and were signed on its behalf by
DICKINSON, Lee James Director Company Registration No. SC593424
- 4 -
WORD WISE WEB LTD Notes to the Accounts for the year ended 30 April 2022
1
Statutory information
WORD WISE WEB LTD is a private company, limited by shares, registered in Scotland, registration number SC593424. The registered office is 451F HOLBURN STREET, ABERDEEN, AB10 7GU, SCOTLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
50% straight line
Computer equipment
50% straight line
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
- 5 -
WORD WISE WEB LTD Notes to the Accounts for the year ended 30 April 2022
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 May 2021
1,681 
3,011 
4,692 
At 30 April 2022
1,681 
3,011 
4,692 
Depreciation
At 1 May 2021
1,008 
664 
1,672 
Charge for the year
336 
1,505 
1,841 
At 30 April 2022
1,344 
2,169 
3,513 
Net book value
At 30 April 2022
337 
842 
1,179 
At 30 April 2021
673 
2,347 
3,020 
5
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Taxes and social security
3,140 
3,059 
Loans from directors
(1,925)
1,154 
Accruals
800 
500 
2,015 
4,713 
6
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
3,978 
5,000 
7
Share capital
2022 
2021 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
DICKINSON, Lee James
Advances
- 
1,925 
- 
1,925 
- 
1,925 
- 
1,925 
This is the Debit balance on Director's Current Account
9
Average number of employees
During the year the average number of employees was 1 (2021: 1).
- 6 -