Company Registration No. 09221464 (England and Wales)
Where To Next Limited
Unaudited accounts
for the year ended 31 December 2023
Where To Next Limited
Unaudited accounts
Contents
Where To Next Limited
Company Information
for the year ended 31 December 2023
Directors
Tamara Lohan
James Lohan
Company Number
09221464 (England and Wales)
Registered Office
281 Pope's Lane
London
W5 4NH
Accountants
Westerly Accountancy Ltd
24 Orchard Road
Wrafton
Braunton
EX33 2DZ
Where To Next Limited
Statement of financial position
as at 31 December 2023
Tangible assets
3,256
3,517
Cash at bank and in hand
48,275
56,201
Creditors: amounts falling due within one year
(10,478)
(13,204)
Net current assets
38,167
43,230
Total assets less current liabilities
41,423
46,747
Creditors: amounts falling due after more than one year
(8,141)
(13,141)
Called up share capital
10
10
Profit and loss account
33,272
33,596
Shareholders' funds
33,282
33,606
For the year ending 31 December 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 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 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 of Directors and authorised for issue on 18 January 2024 and were signed on its behalf by
Tamara Lohan
Director
Company Registration No. 09221464
Where To Next Limited
Notes to the Accounts
for the year ended 31 December 2023
Where To Next Limited is a private company, limited by shares, registered in England and Wales, registration number 09221464. The registered office is 281 Pope's Lane, London, W5 4NH.
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.
These financial statements are prepared on a going concern basis. The directors have considered the impact of current economic conditions and the impact of the ongoing Ukraine conflict on the business and have concluded that there is a reasonable expectation that the company will continue in existence for the forseeable future. The directors believe that the company will have sufficient funds to settle all of its liabilities as they fall due for a period of at least 12 months from the signing of these financial statements.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Fixtures & fittings
20% straight line
Computer equipment
33% straight line
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Where To Next Limited
Notes to the Accounts
for the year ended 31 December 2023
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2023
21,205
2,395
23,600
At 31 December 2023
21,205
3,357
24,562
At 1 January 2023
17,798
2,285
20,083
Charge for the year
1,061
162
1,223
At 31 December 2023
18,859
2,447
21,306
At 31 December 2023
2,346
910
3,256
At 31 December 2022
3,407
110
3,517
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
5,000
5,000
Taxes and social security
-
862
Loans from directors
3,038
-
7
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10
10
Where To Next Limited
Notes to the Accounts
for the year ended 31 December 2023
9
Transactions with related parties
At the year end, £3,038 was owed to the directors of the Company (2022: owed from directors £233). Loans to directors are repayable on demand and subject to interest on overdrawn balances at the official rate.
10
Average number of employees
During the year the average number of employees was 1 (2022: 1).