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REGISTERED NUMBER: 03339272 (England and Wales)







Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Microwide Limited

Microwide Limited (Registered number: 03339272)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Microwide Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: J Chami





REGISTERED OFFICE: 82 Broad Street
Chipping Sodbury
Bristol
BS37 6AG





REGISTERED NUMBER: 03339272 (England and Wales)





ACCOUNTANTS: Stanley Joseph Limited
Chartered Accountants
Suite 1
Liberty House
South Liberty Lane
Bristol
BS3 2ST

Microwide Limited (Registered number: 03339272)

Statement of Financial Position
31 March 2024

31.3.24 31.3.23
Notes £    £   
CURRENT ASSETS
Cash at bank 293,756 336,872

CREDITORS
Amounts falling due within one year 4 500 6,156
NET CURRENT ASSETS 293,256 330,716
TOTAL ASSETS LESS CURRENT
LIABILITIES

293,256

330,716

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 293,246 330,706
SHAREHOLDERS' FUNDS 293,256 330,716

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

Microwide Limited (Registered number: 03339272)

Statement of Financial Position - continued
31 March 2024


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:





J Chami - Director


Microwide Limited (Registered number: 03339272)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Microwide 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.

Taxation
Taxation for the year comprises current and deferred tax. 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.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

Microwide Limited (Registered number: 03339272)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Taxation and social security - 1,484
Other creditors 500 4,672
500 6,156

5. RELATED PARTY DISCLOSURES

During the year, total dividends of £38,291 were paid to the director .

During the year the company entered into the following transactions with the director:

20242023

Capital introduced/(withdrawn)(450)(91,476)

At the balance sheet date the amount due to the director was £Nil (2023 - £450).

6. ULTIMATE CONTROLLING PARTY

The controlling party is J Chami.