Registered number
07894723
NEXT WORLD WEB LTD
Filleted Accounts
31 January 2023
NEXT WORLD WEB LTD
Registered number: 07894723
Balance Sheet
as at 31 January 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 580 725
Current assets
Debtors 4 3,346 3,053
Cash at bank 503 458
3,849 3,511
Creditors: amounts falling due within one year 5 (1,480) (1,669)
Net current assets 2,369 1,842
Net assets 2,949 2,567
Capital and reserves
Called up share capital 1 1
Profit and loss account 2,948 2,566
Shareholder's funds 2,949 2,567
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
A L Blewitt
Director
Approved by the board on 15 October 2023
NEXT WORLD WEB LTD
Notes to the Accounts
for the year ended 31 January 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Office equipment 20% on the reducing balance basis
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Office equipment
£
Cost
At 1 February 2022 4,256
At 31 January 2023 4,256
Depreciation
At 1 February 2022 3,531
Charge for the year 145
At 31 January 2023 3,676
Net book value
At 31 January 2023 580
At 31 January 2022 725
4 Debtors 2023 2022
£ £
Trade debtors 3,346 3,038
Other debtors - 15
3,346 3,053
5 Creditors: amounts falling due within one year 2023 2022
£ £
Trade creditors and accruals 425 425
Taxation 593 932
Director's loan account 462 312
1,480 1,669
6 Other information
NEXT WORLD WEB LTD is a private company limited by shares and incorporated in England. Its registered office is:
Upper Offices
Old Grand Garage
Thornton Road
Morecambe
LA4 5PB
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