WEBSTER SYSTEMS LTD

Company Registration Number:
06517977 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2023

Period of accounts

Start date: 01 March 2022

End date: 28 February 2023

WEBSTER SYSTEMS LTD

Contents of the Financial Statements

for the Period Ended 28 February 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

WEBSTER SYSTEMS LTD

Company Information

for the Period Ended 28 February 2023




Director: Rupert St John Webster
Registered office: Cardiff
CF14 8LH
Company Registration Number: 06517977 (England and Wales)

WEBSTER SYSTEMS LTD

Directors' Report Period Ended 28 February 2023

The directors present their report with the financial statements of the company for the period ended 28 February 2023

Principal Activities

The principal activities were the design, development, testing, monitoring and support of very high performance financial systems. Secondary activities were agricultural, legal and accountancy work.

Company policy on the employment of disabled persons

The company abides by the Convention on the Rights of Persons with Disabilities and Optional Protocol. Also the Declaration on the Rights of Peasants and Other People Working in Rural Areas.

Directors

The directors shown below have held office during the whole of the period from 01 March 2022 to 28 February 2023
Rupert St John Webster

This report was approved by the board of directors on 28 November 2023
And Signed On Behalf Of The Board By:

Name: Rupert St John Webster
Status: Director

WEBSTER SYSTEMS LTD

Profit and Loss Account

for the Period Ended 28 February 2023


Notes

2023
£

2022
£
Turnover 50,246 29,177
Cost of sales ( 28,026 ) ( 19,003 )
Gross Profit or (Loss) 22,220 18,900
Income from coronavirus (COVID-19) business support grants 0 8,726
Distribution Costs ( 0 ) ( 0 )
Administrative Expenses ( 9,139 ) ( 5,128 )
Other operating income ( 3,757 ) ( 42,210 )
Operating Profit or (Loss) 9,324 ( 28,438 )
Interest Receivable and Similar Income 0 0
Interest Payable and Similar Charges ( 0 ) ( 0 )
Profit or (Loss) Before Tax 9,324 ( 28,438 )
Tax on Profit ( 1,771 ) ( 0 )
Profit or (Loss) for Period 7,553 ( 28,438 )

The notes form part of these financial statements

WEBSTER SYSTEMS LTD

Balance sheet

As at 28 February 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 3,116 1,979
Total fixed assets: 3,116 1,979
Current assets
Stocks: 17,054 16,411
Debtors: 5 9,484 18,714
Cash at bank and in hand: 1,123 465
Total current assets: 27,661 35,590
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 6 ( 8,578 ) ( 15,142 )
Net current assets (liabilities): 19,083 20,448
Total assets less current liabilities: 22,199 22,427
Creditors: amounts falling due after more than one year: 7 ( 23,024 ) ( 26,805 )
Provision for liabilities: ( 0 ) ( 0 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): ( 825 ) ( 4,378 )

The notes form part of these financial statements

WEBSTER SYSTEMS LTD

Balance sheet continued

As at 28 February 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 1,500 1,500
Profit and loss account: ( 2,325 ) ( 5,878 )
Shareholders funds: ( 825 ) ( 4,378 )

For the year ending 28 February 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 28 November 2023
And Signed On Behalf Of The Board By:

Name: Rupert St John Webster
Status: Director

The notes form part of these financial statements

WEBSTER SYSTEMS LTD

Notes to the Financial Statements

for the Period Ended 28 February 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

    The turnover represents amounts receivable for goods and services net of VAT and trade discounts

    Tangible fixed assets depreciation policy

    Annual depreciation of computer equipment is calculated at 30% of cost to write off the cost of the asset, less its residual value, over its estimated useful economic lifetime

WEBSTER SYSTEMS LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 1 1

WEBSTER SYSTEMS LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 3. Off balance sheet disclosure

    No

WEBSTER SYSTEMS LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

4. Tangible assets

Plant & machinery Office equipment Total
Cost £ £ £
At 01 March 2022 0 1,979 1,979
Additions 593 1,877 2,470
Disposals ( 0 ) ( 0 ) ( 0 )
Revaluations 0 0 0
Transfers 0 0 0
At 28 February 2023 593 3,856 4,449
Depreciation
At 01 March 2022 0 0 0
Charge for year 320 1,013 1,333
On disposals ( 0 ) ( 0 ) ( 0 )
Other adjustments 0 0 0
At 28 February 2023 320 1,013 1,333
Net book value
At 28 February 2023 273 2,843 3,116
At 28 February 2022 0 1,979 1,979

WEBSTER SYSTEMS LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

5. Debtors


2023
£

2022
£
Trade debtors 9,484 18,714
Total 9,484 18,714

WEBSTER SYSTEMS LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Trade creditors 6,806 15,142
Taxation and social security 1,772
Total 8,578 15,142

WEBSTER SYSTEMS LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

7.Creditors: amounts falling due after more than one year


2023
£

2022
£
Other creditors 23,024 26,805
Total 23,024 26,805