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REGISTERED NUMBER: 09358838 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2024

FOR

NOW TO WOW LIMITED

NOW TO WOW LIMITED (REGISTERED NUMBER: 09358838)






CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31st March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


NOW TO WOW LIMITED

COMPANY INFORMATION
For The Year Ended 31st March 2024







DIRECTOR: G Lavery





REGISTERED OFFICE: 50 Balmoral Drive
Peterlee
Country Durham
SR8 1QP





REGISTERED NUMBER: 09358838 (England and Wales)





ACCOUNTANTS: Stafford Accountancy
The Yard Suite 2.2
Gill Bridge Avenue
Sunderland
Tyne and Wear
SR1 3AW

NOW TO WOW LIMITED (REGISTERED NUMBER: 09358838)

BALANCE SHEET
31st March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,807 4,479

CURRENT ASSETS
Debtors 5 20,631 17,751
Cash at bank 4,838 1,793
25,469 19,544
CREDITORS
Amounts falling due within one year 6 23,612 15,563
NET CURRENT ASSETS 1,857 3,981
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,664

8,460

CREDITORS
Amounts falling due after more than one
year

7

5,085

7,886
NET ASSETS 579 574

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 578 573
SHAREHOLDERS' FUNDS 579 574

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

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

NOW TO WOW LIMITED (REGISTERED NUMBER: 09358838)

BALANCE SHEET - continued
31st 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 31st July 2024 and were signed by:





G Lavery - Director


NOW TO WOW LIMITED (REGISTERED NUMBER: 09358838)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31st March 2024

1. STATUTORY INFORMATION

Now to wow 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

The Director has confirmed that they will continue to provide financial support to the company and as such the company will be able to meet the day to day working capital requirements.

The Director has therefore continued to adopt the going concern basis in preparing the financial
statements.

Turnover
Turnover represents amounts receivable during the year from a range of leadership development and coaching training programmes, including estimated amounts not invoiced, exclusive of VAT.

Income is accrued or deferred at the balance sheet date in order to recognise income in the period to which it was generated.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Computer equipment - 15% on reducing balance

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 balance sheet date.


NOW TO WOW LIMITED (REGISTERED NUMBER: 09358838)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31st March 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1st April 2023
and 31st March 2024 1,534 5,032 6,566
DEPRECIATION
At 1st April 2023 919 1,168 2,087
Charge for year 92 580 672
At 31st March 2024 1,011 1,748 2,759
NET BOOK VALUE
At 31st March 2024 523 3,284 3,807
At 31st March 2023 615 3,864 4,479

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 16,600 10,503
Prepayments 315 -
Directors' current accounts - 3,532
Tax 3,716 3,716
20,631 17,751

NOW TO WOW LIMITED (REGISTERED NUMBER: 09358838)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31st March 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 3,187 3,118
Tax 5,680 5,028
VAT 1,962 818
Other creditors 8,741 5,905
Directors' current accounts 3,250 -
Accrued expenses 792 694
23,612 15,563

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 5,085 7,886

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary 1 1 1

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st March 2024 and 31st March 2023:

2024 2023
£    £   
G Lavery
Balance outstanding at start of year 3,532 11,584
Amounts advanced 3,826 1,600
Amounts repaid (10,608 ) (9,652 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (3,250 ) 3,532