2022-08-01 2023-07-31 11491109 MY WORKSPACE WEYHILL LIMITED false 11491109 2022-08-01 2023-07-31 11491109 uk-bus:Director1 2022-08-01 2023-07-31 11491109 uk-bus:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 11491109 uk-bus:SmallEntities 2022-08-01 2023-07-31 11491109 uk-bus:FullAccounts 2022-08-01 2023-07-31 11491109 uk-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 11491109 2022-08-01 11491109 2023-07-31 11491109 2022-07-31 xbrli:pure iso4217:GBP 11491109 2021-08-01 2022-07-31
Company Registration Number : 11491109 (England and Wales)
11491109
This company is a private limited company
This company sells stuff to other companies
The company was trading for the entire period
Full Accounts
2023-07-31
false
MY WORKSPACE WEYHILL LIMITED
The accounts were prepared in accordance with FRS102A
The accounts have been audited
2022-08-01
MY WORKSPACE WEYHILL LIMITED
Unaudited filleted financial statements
For the year ended 31 July 2023
MY WORKSPACE WEYHILL LIMITED
Contents
For the year ended 31 July 2023

CONTENTS PAGE
Company Information 3
Statement of Financial Position 4
Notes to the Financial Statements 5 - 6


MY WORKSPACE WEYHILL LIMITED
Company Information
For the year ended 31 July 2023

Company registration number 11491109 (England and Wales)
Director Sumit Agarwal
Registered office address DNS House 382 Kenton Road
Middlesex
United Kingdom
HA3 8DP
Accountant DNS Associates
Chartered Management Accountants
Dns House
Harrow, Middlesex
HA3 8DP
MY WORKSPACE WEYHILL LIMITED
Statement of Financial Position
For the year ended 31 July 2023

2023 2022
Notes £ £
Fixed assets
Property, plant and equipment 624,913 631,571
9 624,913 631,571
Current assets
Debtors 5 54,906 6,790
Cash and cash equivalents 392,766 9,454
447,672 16,244
Current liabilities
Creditors: Amounts falling due within one year 6 (9,153) (22,996)
(9,153) (22,996)
Net current assets/(liabilities) 438,519 (6,752)
Total assets less current liabilities 1,063,432 624,819
Non-current liabilities
Creditors: Amounts falling due after more than one year 7 (425,000) -
Net assets/(liabilities) 638,432 624,819
Capital and reserves
Called up share capital 8 640 640
Share Premium 8 569,460 569,460
Retained earnings 68,332 54,719
Shareholders' funds 638,432 624,819
For the year ended 31 July 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The directors have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the special provisions of the Companies Act 2006 applicable to companies subject to the small companies' regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A.
The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small entities regime. All the members of the company have consented to the drawing up of the abridged balance sheet.
  • For the year ended 31 July 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 their responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared 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.
Approved by the Board on 18 October 2023
.............................
Sumit Agarwal (Director)
Company registration number: 11491109
/* == Copy of Frs105 Balance Sheet for XML COntent ============================================================ */
Balance sheet at 2023-07-31 31 July 2023
2023 2022
£ £
Fixed Assets 624,913 631,571
Current Assets 447,672 16,244
Creditors: amounts falling due within one year (9,153) (22,996)
Net current assets (liabilities) 438,519 (6,752)
Total assets less current liabilities 1,063,432 624,819
CREDITORS: Amounts falling due more than one year (425,000) 0
Net Assets (liabilities) 638,432 624,819
Capital and Reserves 638,432 624,819
For the year ending 31/07/2023 the company was entitled to exemption 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. For the year ending 31-07-2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit for the year 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 accounts. 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 in accordance with the small companies provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board of directors on 18 October 2023 2023-10-18 and signed on behalf of the board,
.............................
Sumit Agarwal
Director
Company registration number: 11491109
MY WORKSPACE WEYHILL LIMITED
Notes to the Financial Statements
For the year ended 31 July 2023

(1) General Information
The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is DNS House 382 Kenton Road, Middlesex, United Kingdom, HA3 8DP.

(2) Statement of compliance
These individual financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A and Companies Act 2006, as applicable to companies subject to the small companies' regime.

(3) Significant Accounting Policies
Basis of Preparation
The financial statements have been prepared on the historical cost basis and in accordance with the Companies Act 2006. The presentation and functional currency of the company is pounds sterling. The financial statements are presented in pound units (£) unless stated otherwise.
Revenue recognition
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. The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity and when specific criteria have been met as described below.
Sale of goods
Sales of goods are recognised when the company has delivered the goods to the customer, no other significant obligation remains unfulfilled that may affect the customer's acceptance of the products and risks and rewards of ownership have transferred to them.
Rendering of Services
Revenue from provision of services rendered in the reporting period is recognised when the outcome of a transaction for the rendering of services can be estimated reliably in terms of revenue, costs and its stage of completion of the specific transaction at the end of the reporting period. The stage of completion is determined on the basis of the actual completion of a proportion of the total services to be rendered. When the outcome of a service contract cannot be estimated reliably the company only recognises revenue to the extent of the recoverable expenses recognised.
Property, plant and equipment
Property, plant and equipment is stated at cost less accumulated depreciation and impairment losses. Part of an item of property, plant and equipment having different useful lives are accounted for as separate items.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives, using the straight-line method. The estimated useful lives, residual values and depreciation method are reviewed at the end of each reporting period, with the effect of any changes in estimate accounted for on a prospective basis.

Depreciation is provided to write off the cost less estimated residual value, of each asset over its expected useful life as follows:

Asset class and depreciation rate
Land and Buildings
Plant and Machinery
Short Leasehold Properties
Investment Properties
Long Leasehold Properties
Commercial Vehicles
Fixtures and Fittings25% reducing balance
Equipment25% reducing balance
Motor Cars

(4) Employees
During the year, the average number of employees including director was 1 (2022 : 1).

(5) Debtors
Amounts falling due within one year
2023 2022
£ £
Trade debtors 2,607 6,043
Other debtors 52,299 747
54,906 6,790

(6) Creditors: Amounts falling due within one year
2023 2022
£ £
Trade creditors 5,368 9,454
Other creditors 530 10,296
Accruals and deferred income 3,255 3,245
9,153 22,995

(7) Creditors: Amounts falling due after more than one year
2023 2022
£ £
Bank loans and overdrafts 425,000 -
425,000 -

(8) Share capital and reserves
Alloted,called up and fully paid: 2023 2022
£ £
640 (2022 : 640) Ordinary Shares of £ 1 each640640
640 640
Retained earnings 2023
£
At 1 August 2022 (6,750)
Profit of the year 13,613
At 31 July 2023 6,863

(9) Fixed assets
Tangible

£
Cost
As at 01 August 2022662,664
As at 31 July 2023662,664
Depreciation/Amortisation
As at 01 August 202231,093
For the year6,658
As at 31 July 202337,751
Net book value
As at 31 July 2023624,913
As at 31 July 2022631,571