IRIS Accounts Production v23.3.1.45 12154126 director 1.4.22 31.3.23 31.3.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh121541262022-03-31121541262023-03-31121541262022-04-012023-03-31121541262021-08-31121541262021-09-012022-03-31121541262022-03-3112154126ns10:Originalns15:EnglandWales2022-04-012023-03-3112154126ns14:PoundSterlingns10:Original2022-04-012023-03-3112154126ns10:Originalns10:Director12022-04-012023-03-3112154126ns10:Original2022-04-012023-03-3112154126ns10:Original2023-03-3112154126ns10:Originalns10:PrivateLimitedCompanyLtd2022-04-012023-03-3112154126ns10:Originalns10:SmallEntities2022-04-012023-03-3112154126ns10:Originalns10:AuditExempt-NoAccountantsReport2022-04-012023-03-3112154126ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3112154126ns10:SmallCompaniesRegimeForAccountsns10:Original2022-04-012023-03-3112154126ns10:Originalns10:FullAccounts2022-04-012023-03-3112154126ns10:Originalns10:OrdinaryShareClass12022-04-012023-03-3112154126ns10:Original2022-03-3112154126ns10:Originalns5:CurrentFinancialInstruments2023-03-3112154126ns10:Originalns5:CurrentFinancialInstruments2022-03-3112154126ns10:Originalns5:Non-currentFinancialInstruments2023-03-3112154126ns10:Originalns5:Non-currentFinancialInstruments2022-03-3112154126ns5:ShareCapitalns10:Original2023-03-3112154126ns5:ShareCapitalns10:Original2022-03-3112154126ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3112154126ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3112154126ns10:Originalns10:RegisteredOffice2022-04-012023-03-3112154126ns10:Originalns5:FurnitureFittings2022-04-012023-03-3112154126ns10:Originalns5:ComputerEquipment2022-04-012023-03-3112154126ns10:Original2021-09-012022-03-3112154126ns10:Originalns5:FurnitureFittings2022-03-3112154126ns10:Originalns5:ComputerEquipment2022-03-3112154126ns10:Original2022-03-3112154126ns10:Originalns5:FurnitureFittings2023-03-3112154126ns10:Originalns5:ComputerEquipment2023-03-3112154126ns10:Originalns5:FurnitureFittings2022-03-3112154126ns10:Originalns5:ComputerEquipment2022-03-3112154126ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3112154126ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-3112154126ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-03-3112154126ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2022-03-3112154126ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-03-3112154126ns10:Originalns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2022-03-3112154126ns5:AcceleratedTaxDepreciationDeferredTaxns10:Original2023-03-3112154126ns5:AcceleratedTaxDepreciationDeferredTaxns10:Original2022-03-3112154126ns10:Originalns5:DeferredTaxation2022-03-3112154126ns10:Originalns5:DeferredTaxation2022-04-012023-03-3112154126ns10:Originalns5:DeferredTaxation2023-03-3112154126ns10:Originalns10:OrdinaryShareClass12023-03-31
REGISTERED NUMBER: 12154126 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 MARCH 2023

FOR

WORK WITH MUM LIMITED

WORK WITH MUM LIMITED (REGISTERED NUMBER: 12154126)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023










Page

Balance Sheet 1

Notes to the Financial Statements 3


WORK WITH MUM LIMITED (REGISTERED NUMBER: 12154126)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 1,051 1,786

CURRENT ASSETS
Debtors 6 10,099 21,437
Cash at bank 52,064 54,593
62,163 76,030
CREDITORS
Amounts falling due within one year 7 42,634 45,701
NET CURRENT ASSETS 19,529 30,329
TOTAL ASSETS LESS CURRENT
LIABILITIES

20,580

32,115

CREDITORS
Amounts falling due after more than
one year

8

(13,556

)

(18,204

)

PROVISIONS FOR LIABILITIES 9 (263 ) (339 )
NET ASSETS 6,761 13,572

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 6,661 13,472
SHAREHOLDERS' FUNDS 6,761 13,572

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

WORK WITH MUM LIMITED (REGISTERED NUMBER: 12154126)

BALANCE SHEET - continued
31 MARCH 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 November 2023 and were signed by:





Mr C J Prentice - Director


WORK WITH MUM LIMITED (REGISTERED NUMBER: 12154126)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023


1. STATUTORY INFORMATION

Work With Mum Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 12154126

Registered office: Pharmacy Chambers
High Street
Wadhurst
East Sussex
TN5 6AP

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Equipment - 25% on cost

All fixed assets are initially recorded at cost.

WORK WITH MUM LIMITED (REGISTERED NUMBER: 12154126)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


3. ACCOUNTING POLICIES - continued

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 accounts receivable and payable, loans from banks and other third parties and loans to / from related parties.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at the present value of the future cash flows and subsequently measured at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted transaction price less any impairment.

If the arrangements of a short term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of the estimated cash flows discounted at the asset's original effective rate.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the reporting date.

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities, like trade and other accounts receivable and payable, loans from banks and other third parties and loans to / from related parties.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at the present value of the future cash flows and subsequently measured at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted transaction price less any impairment.

If the arrangements of a short term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of the estimated cash flows discounted at the asset's original effective rate.


WORK WITH MUM LIMITED (REGISTERED NUMBER: 12154126)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


3. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

WORK WITH MUM LIMITED (REGISTERED NUMBER: 12154126)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


5. TANGIBLE FIXED ASSETS
Fixtures
and
fittings Equipment Totals
£    £    £   
COST
At 1 April 2022 127 2,923 3,050
Additions - 38 38
At 31 March 2023 127 2,961 3,088
DEPRECIATION
At 1 April 2022 18 1,246 1,264
Charge for year 32 741 773
At 31 March 2023 50 1,987 2,037
NET BOOK VALUE
At 31 March 2023 77 974 1,051
At 31 March 2022 109 1,677 1,786

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 5,400 17,220
Other debtors - 1,840
Prepayments and accrued income 4,699 2,377
10,099 21,437

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 4,648 4,648
Trade creditors 10,162 774
Corporation tax 14,378 18,072
PAYE and social security 4,139 -
VAT 6,249 20,577
Other creditors 1,535 141
Directors' current accounts 24 358
Accruals and deferred income 1,499 1,131
42,634 45,701

WORK WITH MUM LIMITED (REGISTERED NUMBER: 12154126)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2022
£    £   
Bank loans - 1-2 years 4,648 4,648
Bank loans - 2-5 years 8,908 13,556
13,556 18,204

9. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax
Accelerated capital allowances 263 339

Deferred
tax
£   
Balance at 1 April 2022 339
Credit to Profit and Loss Account during year (76 )
Balance at 31 March 2023 263

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100