1 April 2022 false No description of principal activity Taxfiler 2023.9.1 12830442business:PrivateLimitedCompanyLtd2022-04-012023-03-31 128304422022-03-31 128304422022-04-012023-03-31 12830442business:AuditExemptWithAccountantsReport2022-04-012023-03-31 12830442business:FilletedAccounts2022-04-012023-03-31 128304422023-03-31 12830442business:Director12022-04-012023-03-31 12830442business:Director22022-04-012023-03-31 12830442business:RegisteredOffice2022-04-012023-03-31 128304422022-03-31 12830442core:WithinOneYear2023-03-31 12830442core:WithinOneYear2022-03-31 12830442core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 12830442core:ShareCapitalcore:PreviouslyStatedAmount2022-03-31 12830442core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 12830442core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-03-31 12830442core:PreviouslyStatedAmount2023-03-31 12830442core:PreviouslyStatedAmount2022-03-31 12830442business:SmallEntities2022-04-012023-03-31 12830442countries:EnglandWales2022-04-012023-03-31 12830442core:LandBuildings2022-04-012023-03-31 12830442core:ComputerEquipment2022-04-012023-03-31 12830442core:LandBuildings2022-03-31 12830442core:ComputerEquipment2022-03-31 12830442core:LandBuildings2023-03-31 12830442core:ComputerEquipment2023-03-31 12830442business:OrdinaryShareClass12022-04-012023-03-31 12830442business:OrdinaryShareClass12021-04-012022-03-31 128304422021-04-012022-03-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 12830442 (England and Wales)
Stewart Wells Interim Management Limited Unaudited accounts for the year ended 31 March 2023
Stewart Wells Interim Management Limited Unaudited accounts Contents
Page
- 2 -
Stewart Wells Interim Management Limited Company Information for the year ended 31 March 2023
Directors
Stewart Howat Wells Katherine Anne Wells
Company Number
12830442 (England and Wales)
Registered Office
OCTOBER COTTAGE BICESTER OXFORDSHIRE OX26 5DS ENGLAND
Accountants
MC Accountancy Limited 4 Catterick Road Bicester Oxfordshire OX26 1AW
- 3 -
Stewart Wells Interim Management Limited Accountants' report
Accountants' report to the board of directors of Stewart Wells Interim Management Limited (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 March 2023.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the year ended 31 March 2023. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
MC Accountancy Limited 4 Catterick Road Bicester Oxfordshire OX26 1AW 12 October 2023
- 4 -
Stewart Wells Interim Management Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
11,118 
12,881 
Current assets
Debtors
- 
5,700 
Cash at bank and in hand
10,661 
40,805 
10,661 
46,505 
Creditors: amounts falling due within one year
(5,988)
(21,651)
Net current assets
4,673 
24,854 
Total assets less current liabilities
15,791 
37,735 
Provisions for liabilities
Deferred tax
(2,112)
(2,448)
Net assets
13,679 
35,287 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
13,579 
35,187 
Shareholders' funds
13,679 
35,287 
For the year ending 31 March 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 12 October 2023 and were signed on its behalf by
Stewart Howat Wells Director Company Registration No. 12830442
- 5 -
Stewart Wells Interim Management Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Stewart Wells Interim Management Limited is a private company, limited by shares, registered in England and Wales, registration number 12830442. The registered office is OCTOBER COTTAGE, BICESTER, OXFORDSHIRE, OX26 5DS, ENGLAND.
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:
Land & buildings
10% Straight Line
Computer equipment
33% Straight Line
4
Tangible fixed assets
Land & buildings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2022
15,542 
625 
16,167 
At 31 March 2023
15,542 
625 
16,167 
Depreciation
At 1 April 2022
2,870 
416 
3,286 
Charge for the year
1,554 
209 
1,763 
At 31 March 2023
4,424 
625 
5,049 
Net book value
At 31 March 2023
11,118 
- 
11,118 
At 31 March 2022
12,672 
209 
12,881 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
5,700 
- 6 -
Stewart Wells Interim Management Limited Notes to the Accounts for the year ended 31 March 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
- 
2,399 
Taxes and social security
(1,919)
7,963 
Loans from directors
7,667 
11,289 
Accruals
240 
- 
5,988 
21,651 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
- 7 -