Company Registration No. 08120022 (England and Wales)
Webb's Networks Ltd
Unaudited accounts
for the year ended 30 June 2023
Webb's Networks Ltd
Unaudited accounts
Contents
Webb's Networks Ltd
Company Information
for the year ended 30 June 2023
Director
Daniel William WEBB
Company Number
08120022 (England and Wales)
Registered Office
5 Strand Court
Bath Road
Cheltenham
GL53 7LW
England
Accountants
Accurox Limited
5 Strand Court
Bath Road
Cheltenham
GL53 7LW
Webb's Networks Ltd
Statement of financial position
as at 30 June 2023
Tangible assets
44,860
31,237
Cash at bank and in hand
223,315
216,188
Creditors: amounts falling due within one year
(138,710)
(97,491)
Net current assets
350,340
286,435
Total assets less current liabilities
395,200
317,672
Provisions for liabilities
Deferred tax
(9,197)
(5,935)
Net assets
386,003
311,737
Called up share capital
2
2
Profit and loss account
386,001
311,735
Shareholders' funds
386,003
311,737
For the year ending 30 June 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 director acknowledges his 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 and authorised for issue on 22 February 2024 and were signed on its behalf by
Daniel William WEBB
Director
Company Registration No. 08120022
Webb's Networks Ltd
Notes to the Accounts
for the year ended 30 June 2023
Webb's Networks Ltd is a private company, limited by shares, registered in England and Wales, registration number 08120022. The registered office is 5 Strand Court, Bath Road, Cheltenham, GL53 7LW, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 July 2022
6,165
85,449
10,570
2,692
104,876
Additions
-
18,650
2,708
2,121
23,479
At 30 June 2023
6,165
104,099
13,278
4,813
128,355
At 1 July 2022
2,959
66,626
3,473
581
73,639
Charge for the year
1,233
5,479
2,181
963
9,856
At 30 June 2023
4,192
72,105
5,654
1,544
83,495
At 30 June 2023
1,973
31,994
7,624
3,269
44,860
At 30 June 2022
3,206
18,823
7,097
2,111
31,237
Webb's Networks Ltd
Notes to the Accounts
for the year ended 30 June 2023
Amounts falling due within one year
Trade debtors
209,615
105,249
Accrued income and prepayments
56,120
62,489
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
78,074
74,899
Taxes and social security
35,441
11,124
Loans from directors
(15,366)
208
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).