03983881falsethat of on-line retail of products2022-04-012023-03-31http://www.companieshouse.gov.uk/2022-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2022-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2022-03-31http://www.companieshouse.gov.uk/cd:Director12022-04-012023-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2023-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-03-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2022-03-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2023-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-04-012023-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-04-012023-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-04-012023-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-03-31http://www.companieshouse.gov.uk/2022-04-012023-03-31http://www.companieshouse.gov.uk/2022-03-31http://www.companieshouse.gov.uk/cd:FRS1022022-04-012023-03-31http://www.companieshouse.gov.uk/2023-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2022-04-012023-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-04-012023-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 03983881

IDWEB LIMITED

ACCOUNTS
FOR THE YEAR ENDED 31/03/2023

Prepared By:
Martin & Fahy Accountants LLP
7 Milbanke Court
Milbanke Way
Bracknell
Berkshire
RG12 1RP

IDWEB LIMITED

ACCOUNTS
FOR THE YEAR ENDED 31/03/2023
DIRECTORS
Gary Waudby
SECRETARY
Claire Bowden
REGISTERED OFFICE
7 Milbanke Court
Milbanke Way
Bracknell
Berkshire
RG12 1RP
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 03983881
ACCOUNTANTS
Martin & Fahy Accountants LLP
7 Milbanke Court
Milbanke Way
Bracknell
Berkshire
RG12 1RP

IDWEB LIMITED

BALANCE SHEET AT 31/03/2023
20232022
Notes££
FIXED ASSETS
Tangible assets312,28123,821
CURRENT ASSETS
Stock66,57158,075
Debtors559,74233,382
Cash at bank and in hand208,945292,207
335,258383,664
CREDITORS: Amounts falling due within one year630,30240,035
NET CURRENT ASSETS304,956343,629
TOTAL ASSETS LESS CURRENT LIABILITIES317,237367,450
PROVISIONS FOR LIABILITIES AND CHARGES71,7613,778
NET ASSETS315,476363,672
CAPITAL AND RESERVES
Called up share capital8210210
Profit and loss account315,266363,462
SHAREHOLDERS' FUNDS315,476363,672
For the year ending 31/03/2023 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 21/11/2023 and signed on their behalf by
.............................
Gary Waudby
Director

IDWEB LIMITED

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Short Leasehold Properties 15%
Plant and Machinery 25%
Fixtures and Fittings 15%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
2. EMPLOYEES
20232022
No.No.
Average number of employees99

IDWEB LIMITED

3. TANGIBLE FIXED ASSETS
Short LeaseholdPlant andFixtures
PropertiesMachineryand FittingsTotal
££££
Cost
At 01/04/20227,700116,46423,428147,592
At 31/03/20237,700116,46423,428147,592
Depreciation
At 01/04/20224,62095,72323,428123,771
For the year77010,770-11,540
At 31/03/20235,390106,49323,428135,311
Net Book Amounts
At 31/03/20232,3109,971-12,281
At 31/03/20223,08020,741-23,821
4. STOCK 20232022
££
Stock comprises:
Stock66,57158,075
66,57158,075
5. DEBTORS 20232022
££
Amounts falling due within one year
Trade debtors35,26728,445
Corporation tax9,272-
Prepayments15,2034,937
59,74233,382

IDWEB LIMITED

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
Corporation tax-14,555
VAT23,99919,490
PAYE creditor-541
Directors current account4,1663,356
Trade creditors869825
Accruals1,2681,268
30,30240,035
7. PROVISIONS FOR LIABILITIES 20232022
££
Deferred taxation1,7613,778
1,7613,778
8. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
210 Ordinary shares of £1 each210210
210210