THE WRITING SQUAD

Company limited by guarantee

Company Registration Number:
09654780 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2023

Period of accounts

Start date: 1 April 2022

End date: 31 March 2023

THE WRITING SQUAD

Contents of the Financial Statements

for the Period Ended 31 March 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

THE WRITING SQUAD

Directors' report period ended 31 March 2023

The directors present their report with the financial statements of the company for the period ended 31 March 2023

Principal activities of the company

The company's principal activity during the year continued to be providing a development programme for writers aged 16-21 living, working or studying in the North of England.



Directors

The directors shown below have held office during the whole of the period from
1 April 2022 to 31 March 2023

Sarah Gonnet
Andrew Hill
Gregory Kearns
Sophie O'Neill
Hannah Webster
Ruth Awolola


The director shown below has held office during the period of
1 April 2022 to 11 January 2023

Jasmine Simms


The director shown below has held office during the period of
1 April 2022 to 27 June 2022

Jessica Wood


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
25 October 2023

And signed on behalf of the board by:
Name: Sophie O'Neill
Status: Director

THE WRITING SQUAD

Profit And Loss Account

for the Period Ended 31 March 2023

2023 2022


£

£
Turnover: 143,779 121,586
Cost of sales: ( 37,718 ) ( 31,087 )
Gross profit(or loss): 106,061 90,499
Administrative expenses: ( 106,327 ) ( 90,506 )
Operating profit(or loss): (266) (7)
Interest receivable and similar income: 266 7
Profit(or loss) before tax: 0 0
Profit(or loss) for the financial year: 0 0

THE WRITING SQUAD

Balance sheet

As at 31 March 2023

Notes 2023 2022


£

£
Current assets
Cash at bank and in hand: 61,649 67,945
Total current assets: 61,649 67,945
Creditors: amounts falling due within one year: 3 ( 61,649 ) ( 67,945 )
Net current assets (liabilities): 0 0
Total assets less current liabilities: 0 0
Total net assets (liabilities): 0 0
Members' funds
Profit and loss account: 0 0
Total members' funds: 0 0

The notes form part of these financial statements

THE WRITING SQUAD

Balance sheet statements

For the year ending 31 March 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 25 October 2023
and signed on behalf of the board by:

Name: Sophie O'Neill
Status: Director

The notes form part of these financial statements

THE WRITING SQUAD

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

    Tangible fixed assets depreciation policy

    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:Plant and machinery over 5 yearsFixtures, fittings, tools and equipment over 5 years

    Valuation information and policy

    Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

THE WRITING SQUAD

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

THE WRITING SQUAD

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 950 900
Accruals and deferred income 60,699 67,045
Total 61,649 67,945