03849530falsethe creation and operation of friendship and matchmaking websites2022-03-012023-02-28http://www.companieshouse.gov.uk/2022-02-28http://www.companieshouse.gov.uk/pt:ShareCapital2022-02-28http://www.companieshouse.gov.uk/cd:Director12022-03-012023-02-28http://www.companieshouse.gov.uk/pt:ShareCapital2023-02-28http://www.companieshouse.gov.uk/cd:Director22022-03-012023-02-28http://www.companieshouse.gov.uk/cd:Director32022-03-012023-02-28http://www.companieshouse.gov.uk/cd:Director42022-03-012023-02-28http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-03-012023-02-28http://www.companieshouse.gov.uk/cd:Director52022-03-012023-02-28http://www.companieshouse.gov.uk/pt:NetGoodwill2022-02-28http://www.companieshouse.gov.uk/cd:OrdinaryShareClass32022-03-012023-02-28http://www.companieshouse.gov.uk/pt:NetGoodwill2023-02-28http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-03-012023-02-28http://www.companieshouse.gov.uk/cd:OrdinaryShareClass42022-03-012023-02-28http://www.companieshouse.gov.uk/cd:OrdinaryShareClass52022-03-012023-02-28http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-02-28http://www.companieshouse.gov.uk/pt:NetGoodwill2022-03-012023-02-28http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-02-28http://www.companieshouse.gov.uk/2022-03-012023-02-28http://www.companieshouse.gov.uk/2022-02-28http://www.companieshouse.gov.uk/cd:FRS1022022-03-012023-02-28http://www.companieshouse.gov.uk/2023-02-28http://www.companieshouse.gov.uk/cd:FullAccounts2022-03-012023-02-28http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-03-012023-02-28iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 03849530

Widernet Communications Limited

UNAUDITED ACCOUNTS
FOR THE YEAR ENDED 28/02/2023

Prepared By:
Lever Bros & Co
Chartered Accountants
First Floor ,690 Great West Road
Osterley Village
Isleworth
TW7 4PU

Widernet Communications Limited

ACCOUNTS
FOR THE YEAR ENDED 28/02/2023
DIRECTORS
J Elton (Resigned on 5 June 2023)
E M Turner
J G Williams
S T Oliver
N W Maybin
REGISTERED OFFICE
483 Green Lanes
London
N13 4BS
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 03849530
ACCOUNTANTS
Lever Bros & Co
Chartered Accountants
First Floor ,690 Great West Road
Osterley Village
Isleworth
TW7 4PU

Widernet Communications Limited

ACCOUNTS
FOR THEYEARENDED28/02/2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Widernet Communications Limited

BALANCE SHEET AT 28/02/2023
20232022
Notes££
FIXED ASSETS
Intangible assets2121,800156,800
Tangible assets323,3001
145,100156,801
CURRENT ASSETS
Debtors469,52466,635
Cash at bank and in hand575,039522,427
644,563589,062
CREDITORS: Amounts falling due within one year5296,863236,176
NET CURRENT ASSETS347,700352,886
TOTAL ASSETS LESS CURRENT LIABILITIES492,800509,687
CAPITAL AND RESERVES
Called up share capital780,00080,000
Profit and loss account412,800429,687
SHAREHOLDERS' FUNDS492,800509,687
For the year ending 28/02/2023 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
.............................
S T Oliver
Director
.............................
E M Turner
Director

Widernet Communications Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 28/02/2023
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 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Equipment and website are stated at costs less accumulated depreciation. Cost compromises the aggregate amount paid to acquire the asset and includes costs directly attributable to making the asset capable of operating as intended.
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant And Machinerystraight line25%
1c. 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.
1d. Foreign Currency
Transactions in currencies, other than the functional currency of the company, are recorded at the rate of the exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items that are measured at the historic cost in a foreign currency are not retranslated.
1e. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 10 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.
1f. Statutory Information
Widernet Communications Limited is a private company, limited by shares, incorporated in England and Wales. The company's registered number is 03849530 and registered office address is 483 Green Lanes, London, England, N13 4BS.
1g. Financial Instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments.
1h. Turnover
Turnover derived is from services supplied by the company, net of value added tax and trade discounts and is recognised when services are rendered.

Widernet Communications Limited

2. INTANGIBLE FIXED ASSETS
Purchased
GoodwillTotal
££
Cost
At 01/03/2022350,000350,000
At 28/02/2023350,000350,000
Depreciation
At 01/03/2022193,200193,200
For the year35,00035,000
At 28/02/2023228,200228,200
Net Book Amounts
At 28/02/2023121,800121,800
At 28/02/2022156,800156,800
3. TANGIBLE FIXED ASSETS
Plant and
MachineryEquipmentWebsiteTotal
££££
Cost
At 01/03/2022-12,78083,24796,027
Additions31,065--31,065
At 28/02/202331,06512,78083,247127,092
Depreciation
At 01/03/2022-12,77983,24796,026
For the year7,766--7,766
At 28/02/20237,76612,77983,247103,792
Net Book Amounts
At 28/02/202323,2991-23,300
At 28/02/2022-1-1
4. DEBTORS 20232022
££
Amounts falling due within one year
Trade debtors65,37944,254
Other debtors-22,381
Prepayments4,145-
69,52466,635

Widernet Communications Limited

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
Taxation and social security17,61139,076
Salaries and wages control-800
Trade creditors69,30263,583
Other creditors162,63598,640
Pension schemes10392
Accruals47,21233,985
296,863236,176
6. EMPLOYEES
20232022
No.No.
Average number of employees11
7. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
43,800 Ordinary A shares of £1 each43,80043,800
14,400 Ordinary B shares of £1 each14,40014,400
10,400 Ordinary C shares of £1 each10,40010,400
10,400 Ordinary D shares of £1 each10,40010,400
1,000 Ordinary E shares of £1 each1,0001,000
80,00080,000