IRIS Accounts Production v24.1.0.578 06019594 director 1.12.22 30.11.23 30.11.23 false true false false true false Ordinary 1.00000 Ordinary "A" 1.00000 Ordinary "B" 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh060195942022-11-30060195942023-11-30060195942022-12-012023-11-30060195942021-11-30060195942021-12-012022-11-30060195942022-11-3006019594ns15:EnglandWales2022-12-012023-11-3006019594ns14:PoundSterling2022-12-012023-11-3006019594ns10:Director12022-12-012023-11-3006019594ns10:PrivateLimitedCompanyLtd2022-12-012023-11-3006019594ns10:SmallEntities2022-12-012023-11-3006019594ns10:AuditExempt-NoAccountantsReport2022-12-012023-11-3006019594ns10:SmallCompaniesRegimeForDirectorsReport2022-12-012023-11-3006019594ns10:SmallCompaniesRegimeForAccounts2022-12-012023-11-3006019594ns10:FullAccounts2022-12-012023-11-3006019594ns10:OrdinaryShareClass12022-12-012023-11-3006019594ns10:OrdinaryShareClass22022-12-012023-11-3006019594ns10:OrdinaryShareClass32022-12-012023-11-3006019594ns10:RegisteredOffice2022-12-012023-11-3006019594ns5:CurrentFinancialInstruments2023-11-3006019594ns5:CurrentFinancialInstruments2022-11-3006019594ns5:ShareCapital2023-11-3006019594ns5:ShareCapital2022-11-3006019594ns5:RetainedEarningsAccumulatedLosses2023-11-3006019594ns5:RetainedEarningsAccumulatedLosses2022-11-3006019594ns5:FurnitureFittings2022-12-012023-11-3006019594ns5:ComputerEquipment2022-12-012023-11-3006019594ns5:FurnitureFittings2022-11-3006019594ns5:ComputerEquipment2022-11-3006019594ns5:FurnitureFittings2023-11-3006019594ns5:ComputerEquipment2023-11-3006019594ns5:FurnitureFittings2022-11-3006019594ns5:ComputerEquipment2022-11-3006019594ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-11-3006019594ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-11-3006019594ns10:OrdinaryShareClass12023-11-3006019594ns10:OrdinaryShareClass22023-11-3006019594ns10:OrdinaryShareClass32023-11-3006019594ns5:RetainedEarningsAccumulatedLosses2022-11-3006019594ns5:RetainedEarningsAccumulatedLosses2022-12-012023-11-30
REGISTERED NUMBER: 06019594 (England and Wales)















Unaudited Financial Statements For The Year Ended 30 November 2023

for

Whansen Limited

Whansen Limited (Registered number: 06019594)






Contents of the Financial Statements
For The Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Whansen Limited

Company Information
For The Year Ended 30 November 2023







DIRECTOR: M W Hansen





REGISTERED OFFICE: Studio MWH 73
Farringdon Road
London
EC1M 3JQ





REGISTERED NUMBER: 06019594 (England and Wales)





ACCOUNTANTS: Fuller Spurling
Mill House
58 Guildford Street
Chertsey
Surrey
KT16 9BE

Whansen Limited (Registered number: 06019594)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 45,952 58,375

CURRENT ASSETS
Debtors 5 148,048 90,371
Cash at bank 321,066 193,558
469,114 283,929
CREDITORS
Amounts falling due within one year 6 144,913 98,778
NET CURRENT ASSETS 324,201 185,151
TOTAL ASSETS LESS CURRENT
LIABILITIES

370,153

243,526

PROVISIONS FOR LIABILITIES 11,092 11,092
NET ASSETS 359,061 232,434

CAPITAL AND RESERVES
Called up share capital 7 1,002 1,002
Retained earnings 8 358,059 231,432
SHAREHOLDERS' FUNDS 359,061 232,434

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 April 2024 and were signed by:




M W Hansen - Director


Whansen Limited (Registered number: 06019594)

Notes to the Financial Statements
For The Year Ended 30 November 2023

1. STATUTORY INFORMATION

Whansen Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. 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 and is recognised as photography services are provided.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office Equipment - 33% on cost
Camera & Computer Equipment - 33% on cost

Taxation
Taxation represents the sum of tax currently payable, and deferred tax if material.

The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax, where material, is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash at bank and in hand
Cash at bank includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Creditors
Creditors, provisions and accrued costs are recognised where the company has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Whansen Limited (Registered number: 06019594)

Notes to the Financial Statements - continued
For The Year Ended 30 November 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2022 - 6 ) .

4. TANGIBLE FIXED ASSETS
Camera &
Office Computer
Equipment Equipment Totals
£    £    £   
COST
At 1 December 2022 67,791 123,963 191,754
Additions 14,212 15,031 29,243
At 30 November 2023 82,003 138,994 220,997
DEPRECIATION
At 1 December 2022 53,394 79,985 133,379
Charge for year 11,958 29,708 41,666
At 30 November 2023 65,352 109,693 175,045
NET BOOK VALUE
At 30 November 2023 16,651 29,301 45,952
At 30 November 2022 14,397 43,978 58,375

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors 141,448 78,020
Other debtors 6,600 6,600
VAT - 5,751
148,048 90,371

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans and overdrafts - 5,144
Trade creditors 14,532 26,477
Corporation tax 93,954 62,011
Social security and other taxes 5,703 296
VAT 16,952 -
Other creditors 10,968 2,397
Directors' current accounts 809 458
Accrued expenses 1,995 1,995
144,913 98,778

Whansen Limited (Registered number: 06019594)

Notes to the Financial Statements - continued
For The Year Ended 30 November 2023

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.23 30.11.22
value: £    £   
1,000 Ordinary £1 1,000 1,000
1 Ordinary "A" £1 1 1
1 Ordinary "B" £1 1 1
1,002 1,002

8. RESERVES
Retained
earnings
£   

At 1 December 2022 231,432
Profit for the year 303,627
Dividends (177,000 )
At 30 November 2023 358,059