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Company Registration No. 10089367 (England and Wales)
We Mean This Ltd Unaudited accounts for the year ended 31 March 2023
We Mean This Ltd Unaudited accounts Contents
Page
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We Mean This Ltd Company Information for the year ended 31 March 2023
Directors
Matthew Beese Suzanne Beese Michael Beese
Company Number
10089367 (England and Wales)
Registered Office
47 Southgate Street Winchester Hampshire SO23 9EH
Accountants
For and on Behalf of Tee Accounts Limited t/a On The Spot Rosehill House Polgooth PL26 7BA
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We Mean This Ltd Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,320 
1,760 
Current assets
Debtors
20,510 
12,287 
Cash at bank and in hand
27,427 
2,415 
47,937 
14,702 
Creditors: amounts falling due within one year
(34,194)
(14,238)
Net current assets
13,743 
464 
Net assets
15,063 
2,224 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
15,062 
2,223 
Shareholders' funds
15,063 
2,224 
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 23 November 2023 and were signed on its behalf by
Matthew Beese Director Company Registration No. 10089367
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We Mean This Ltd Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
We Mean This Ltd is a private company, limited by shares, registered in England and Wales, registration number 10089367. The registered office is 47 Southgate Street, Winchester, Hampshire, SO23 9EH.
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.
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:
Plant & machinery
25% reducing balance, per annum
Computer equipment
25% reducing balance, per annum
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2022
781 
3,470 
4,251 
At 31 March 2023
781 
3,470 
4,251 
Depreciation
At 1 April 2022
550 
1,941 
2,491 
Charge for the year
58 
382 
440 
At 31 March 2023
608 
2,323 
2,931 
Net book value
At 31 March 2023
173 
1,147 
1,320 
At 31 March 2022
231 
1,529 
1,760 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
20,510 
12,287 
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We Mean This Ltd Notes to the Accounts for the year ended 31 March 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
10,517 
4,880 
Trade creditors
515 
- 
Taxes and social security
16,707 
5,133 
Other creditors
165 
- 
Loans from directors
5,063 
4,026 
Accruals
1,227 
199 
34,194 
14,238 
7
Average number of employees
During the year the average number of employees was 2 (2022: 1).
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