1 01/02/2023 31/01/2024 2024-01-31 false false false false false false false true false false true false false false false false true false No description of principal activities is disclosed 2023-02-01 Sage Accounts Production 23.0 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 08860113 2023-02-01 2024-01-31 08860113 2024-01-31 08860113 2023-01-31 08860113 2022-02-01 2023-01-31 08860113 2023-01-31 08860113 2022-01-31 08860113 bus:RegisteredOffice 2023-02-01 2024-01-31 08860113 bus:LeadAgentIfApplicable 2023-02-01 2024-01-31 08860113 bus:Director1 2023-02-01 2024-01-31 08860113 core:WithinOneYear 2024-01-31 08860113 core:WithinOneYear 2023-01-31 08860113 core:ShareCapital 2024-01-31 08860113 core:ShareCapital 2023-01-31 08860113 core:RetainedEarningsAccumulatedLosses 2024-01-31 08860113 core:RetainedEarningsAccumulatedLosses 2023-01-31 08860113 bus:Director1 2023-01-31 08860113 bus:Director1 2024-01-31 08860113 bus:Director1 2022-01-31 08860113 bus:Director1 2023-01-31 08860113 bus:Director1 2022-02-01 2023-01-31 08860113 bus:SmallEntities 2023-02-01 2024-01-31 08860113 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 08860113 bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 08860113 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 08860113 bus:FullAccounts 2023-02-01 2024-01-31
Company registration number: 08860113
What We Did Was Limited
Unaudited filleted financial statements
31 January 2024
What We Did Was Limited
Contents
Directors and other information
Accountants report
Statement of financial position
Notes to the financial statements
What We Did Was Limited
Directors and other information
Director Ms C Strauss
Company number 08860113
Registered office Vaughan Chambers
Vaughan Road
Harpenden
AL5 4EE
Accountants Hicks and Company
Chartered Accountants
Vaughan Chambers
Vaughan Road
Harpenden
AL5 4EE
What We Did Was Limited
Chartered accountants report to the director on the preparation of the
unaudited statutory financial statements of What We Did Was Limited
Year ended 31 January 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of What We Did Was Limited for the year ended 31 January 2024 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.
This report is made solely to the director of What We Did Was Limited, as a body, in accordance with the terms of our engagement letter dated 5 September 2023. Our work has been undertaken solely to prepare for your approval the financial statements of What We Did Was Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than What We Did Was Limited and its director as a body for our work or for this report.
It is your duty to ensure that What We Did Was Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of What We Did Was Limited. You consider that What We Did Was Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of What We Did Was Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Hicks and Company
Chartered Accountants
Vaughan Chambers
Vaughan Road
Harpenden
AL5 4EE
9 April 2024
What We Did Was Limited
Statement of financial position
31 January 2024
2024 2023
Note £ £ £ £
Current assets
Cash at bank and in hand 70,953 67,974
_______ _______
70,953 67,974
Creditors: amounts falling due
within one year 5 ( 70,329) ( 62,309)
_______ _______
Net current assets 624 5,665
_______ _______
Total assets less current liabilities 624 5,665
_______ _______
Net assets 624 5,665
_______ _______
Capital and reserves
Called up share capital 100 100
Profit and loss account 524 5,565
_______ _______
Shareholders funds 624 5,665
_______ _______
For the year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 09 April 2024 , and are signed on behalf of the board by:
Ms C Strauss
Director
Company registration number: 08860113
What We Did Was Limited
Notes to the financial statements
Year ended 31 January 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Vaughan Chambers, Vaughan Road, Harpenden, AL5 4EE.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland.The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and investment properties measured at fair value through profit or loss.The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Taxation
The taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.Debt instruments are subsequently measured at amortised cost.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2023: 1 ).
5. Creditors: amounts falling due within one year
2024 2023
£ £
Trade creditors - 98
Corporation tax 7,914 4,119
Social security and other taxes 4,693 4,115
Other creditors 57,722 53,977
_______ _______
70,329 62,309
_______ _______
6. Directors advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2024
Balance brought forward Advances /(credits) to the director Balance o/standing
£ £ £
Ms C Strauss ( 53,977) ( 3,745) ( 57,722)
_______ _______ _______
2023
Balance brought forward Advances /(credits) to the director Balance o/standing
£ £ £
Ms C Strauss ( 40,470) ( 13,507) ( 53,977)
_______ _______ _______