Company Registration No. 11047846 (England and Wales)
OPENWEATHER LTD.
Interim Unaudited accounts
for the period from 1 December 2022 to 31 March 2024
OPENWEATHER LTD.
Interim Unaudited accounts
Contents
OPENWEATHER LTD.
Company Information
for the period from 1 December 2022 to 31 March 2024
Directors
Denis UKOLOV
Olga UKOLOVA
Company Number
11047846 (England and Wales)
Registered Office
30 St. Mary's Axe
The City Of London
London
EC3A 8BF
Accountants
Sterling & Beanland Limited
4 Queens Road, The Old Town Hall
London, Wimbledon
SW19 8YB
OPENWEATHER LTD.
Statement of financial position
as at 31 March 2024
Intangible assets
177,703
284,760
Cash at bank and in hand
1,059,415
770,314
Creditors: amounts falling due within one year
(765,136)
(451,578)
Net current assets
603,404
405,438
Total assets less current liabilities
794,469
690,263
Creditors: amounts falling due after more than one year
-
(211,904)
Net assets
794,469
478,359
Called up share capital
165
165
Profit and loss account
794,304
478,194
Shareholders' funds
794,469
478,359
For the period ending 31 March 2024 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 29 July 2024 and were signed on its behalf by
Olga UKOLOVA
Director
Company Registration No. 11047846
OPENWEATHER LTD.
Notes to the Accounts
for the period from 1 December 2022 to 31 March 2024
OPENWEATHER LTD. is a private company, limited by shares, registered in England and Wales, registration number 11047846. The registered office is 30 St. Mary's Axe, The City Of London, London, EC3A 8BF.
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 period, 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.
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:
Computer equipment
25% on reducing balance
Intangible fixed assets (including purchased goodwill and patents) are recognised at cost and amortised over their estimated useful economic life of 5 years.
Included in intangible fixed assets are computer software and associated development costs.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
4
Intangible fixed assets
Other
At 1 December 2022
535,295
At 1 December 2022
250,535
Charge for the period
107,057
At 30 November 2022
284,760
OPENWEATHER LTD.
Notes to the Accounts
for the period from 1 December 2022 to 31 March 2024
5
Tangible fixed assets
Computer equipment
Charge for the period
6,681
6
Investments
Subsidiary undertakings
Valuation at 1 December 2022
65
Valuation at 31 March 2024
-
Amounts falling due within one year
Trade debtors
202,531
68,799
Accrued income and prepayments
39,158
9,422
Amounts falling due after more than one year
8
Creditors: amounts falling due within one year
2024
2022
Trade creditors
32,604
18,893
Taxes and social security
247,584
62,903
Other creditors
2,815
10,348
Loans from directors
4,403
45,294
Deferred income
477,730
312,658
9
Creditors: amounts falling due after more than one year
2024
2022
OPENWEATHER LTD.
Notes to the Accounts
for the period from 1 December 2022 to 31 March 2024
10
Average number of employees
During the period the average number of employees was 20 (2022: 13).