Silverfin false false 30/09/2023 01/10/2022 30/09/2023 Mrs R J Exton 20/02/2009 Professor P J Totterdill 20/02/2009 04 April 2024 The principal activity of the Company is that of building a more integrated approach to research and consultancy by identifying new forms of work organisation. 06825373 2023-09-30 06825373 bus:Director1 2023-09-30 06825373 bus:Director2 2023-09-30 06825373 core:CurrentFinancialInstruments 2023-09-30 06825373 core:CurrentFinancialInstruments 2022-09-30 06825373 2022-09-30 06825373 core:RetainedEarningsAccumulatedLosses 2023-09-30 06825373 core:RetainedEarningsAccumulatedLosses 2022-09-30 06825373 2022-10-01 2023-09-30 06825373 bus:FilletedAccounts 2022-10-01 2023-09-30 06825373 bus:SmallEntities 2022-10-01 2023-09-30 06825373 bus:AuditExemptWithAccountantsReport 2022-10-01 2023-09-30 06825373 bus:CompanyLimitedByGuarantee 2022-10-01 2023-09-30 06825373 bus:Director1 2022-10-01 2023-09-30 06825373 bus:Director2 2022-10-01 2023-09-30 06825373 2021-04-01 2022-09-30 iso4217:GBP xbrli:pure

Company No: 06825373 (England and Wales)

WORKPLACE INNOVATION LIMITED

(A company limited by guarantee)

Unaudited Financial Statements
For the financial year ended 30 September 2023
Pages for filing with the registrar

WORKPLACE INNOVATION LIMITED

Unaudited Financial Statements

For the financial year ended 30 September 2023

Contents

WORKPLACE INNOVATION LIMITED

COMPANY INFORMATION

For the financial year ended 30 September 2023
WORKPLACE INNOVATION LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 30 September 2023
DIRECTORS Mrs R J Exton
Professor P J Totterdill
REGISTERED OFFICE Centenary House Peninsula Park
Rydon Lane
Exeter
EX2 7XE
United Kingdom
COMPANY NUMBER 06825373 (England and Wales)
CHARTERED ACCOUNTANTS Francis Clark LLP
Centenary House
Peninsula Park
Rydon Lane
Exeter
Devon EX2 7XE
WORKPLACE INNOVATION LIMITED

BALANCE SHEET

As at 30 September 2023
WORKPLACE INNOVATION LIMITED

BALANCE SHEET (continued)

As at 30 September 2023
30.09.2023 30.09.2022
£ £
Current assets
Debtors 3 0 53,862
Cash at bank and in hand 212 2,770
212 56,632
Creditors: amounts falling due within one year 4 0 ( 63,833)
Net current assets/(liabilities) 212 (7,201)
Total assets less current liabilities 212 (7,201)
Net assets/(liabilities) 212 ( 7,201)
Reserves
Profit and loss account 212 ( 7,201 )
Total reserves 212 ( 7,201)

For the financial year ending 30 September 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Workplace Innovation Limited (registered number: 06825373) were approved and authorised for issue by the Board of Directors on 04 April 2024. They were signed on its behalf by:

Mrs R J Exton
Director
WORKPLACE INNOVATION LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 September 2023
WORKPLACE INNOVATION LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 September 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial period, unless otherwise stated.

General information and basis of accounting

Workplace Innovation Limited (the Company) is a private company, limited by guarantee, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is:-
Centenary House
Peninsula Park
Rydon Lane
Exeter
EX2 7XE

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the company and rounded to the nearest £.

Going concern

During the year, the company ceased trading. As required by UK accounting standards, the directors have prepared the financial statements on the basis that the company is no longer a going concern. No material adjustments arose as a result of ceasing to apply the going concern basis.

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the services to customers. Revenue from services is recognised as they are delivered.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

2. Employees

Year ended
30.09.2023
Period from
01.04.2021 to
30.09.2022
Number Number
Monthly average number of persons employed by the Company during the year, including directors 0 3

3. Debtors

30.09.2023 30.09.2022
£ £
Other debtors 0 53,862

4. Creditors: amounts falling due within one year

30.09.2023 30.09.2022
£ £
Amounts owed to directors 0 7,094
Accruals 0 7,000
Other creditors 0 49,739
0 63,833

5. Related party transactions

Other related party transactions

30.09.2023 30.09.2022
£ £
Work Research (business owned by the director of the company) 0 49,700

During the current and previous year, a loan account existed between the company and Work Research. The loan was cleared in the year.

6. Ultimate controlling party

Parent Company:

Workplace Innovation Europe CLG, incorporated in Ireland
The Rubicon Centre
Cork Institute of Technology
Bishopstown
Cork
T12 Y275