WDDTY PUBLISHING LTD

Company Registration Number:
06400691 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2023

Period of accounts

Start date: 01 November 2022

End date: 31 October 2023

WDDTY PUBLISHING LTD

Contents of the Financial Statements

for the Period Ended 31 October 2023

Balance sheet
Notes

WDDTY PUBLISHING LTD

Balance sheet

As at 31 October 2023


Notes

2023

2022


£

£
Fixed assets
Intangible assets: 3 77,604 95,099
Tangible assets: 4 2,733 4,318
Investments: 5 2 2
Total fixed assets: 80,339 99,419
Current assets
Debtors:   53,558 68,072
Cash at bank and in hand: 16,191 2,525
Total current assets: 69,749 70,597
Creditors: amounts falling due within one year:   (148,299) (162,832)
Net current assets (liabilities): (78,550) (92,235)
Total assets less current liabilities: 1,789 7,184
Total net assets (liabilities): 1,789 7,184
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 789 6,184
Shareholders funds: 1,789 7,184

The notes form part of these financial statements

WDDTY PUBLISHING LTD

Balance sheet statements

For the year ending 31 October 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.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 26 July 2024
and signed on behalf of the board by:

Name: B S Hubbard
Status: Director

The notes form part of these financial statements

WDDTY PUBLISHING LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible fixed assets and depreciation policy

Fixed assets are stated at cost less depreciation. Depreciation is calculated to write down the cost of all tangible fixed assets by equal annual instalments over their expected useful life of five years.

Intangible fixed assets and amortisation policy

Goodwill arising on the acquisition of assets, representing the excess of the purchase consideration over the fair value ascribed to the identifiable net tangible assets acquired and is capitalised in intangible assets. Amortisation is calculated at five per cent per annum on cost. Website Development costs are amortised over 3 years. Other intangible assets represent the cost of acquiring the company’s customer database

Other accounting policies

Lease commitmentsLease payments under operating leases, where substantially all the risks and benefits remain with the lessor, are charged to the profit and loss accounts in the year in which they are incurred.Foreign currenciesForeign currency transactions are translated at the rates ruling when they occurred. Foreign currency monetary assets and liabilities are translated at the rates ruling at the balance sheet date. Any differences are taken to the profit and loss account.

WDDTY PUBLISHING LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

2. Employees

2023 2022
Average number of employees during the period 7 7

WDDTY PUBLISHING LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Intangible Assets

Total
Cost £
At 01 November 2022 280,063
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 31 October 2023 280,063
Amortisation
At 01 November 2022 184,964
Charge for year 17,495
On disposals 0
Other adjustments 0
At 31 October 2023 202,459
Net book value
At 31 October 2023 77,604
At 31 October 2022 95,099

WDDTY PUBLISHING LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Tangible Assets

Total
Cost £
At 01 November 2022 28,439
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 31 October 2023 28,439
Depreciation
At 01 November 2022 24,121
Charge for year 1,585
On disposals 0
Other adjustments 0
At 31 October 2023 25,706
Net book value
At 31 October 2023 2,733
At 31 October 2022 4,318

WDDTY PUBLISHING LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

5. Fixed investments

Investments in subsidiary companies