1 February 2023 false Taxfiler 2024.4 true 06483213business:PrivateLimitedCompanyLtd2023-02-012024-01-31 064832132023-01-31 064832132023-02-012024-01-31 06483213business:AuditExemptWithAccountantsReport2023-02-012024-01-31 06483213business:FilletedAccounts2023-02-012024-01-31 064832132024-01-31 06483213business:Director12023-02-012024-01-31 06483213business:RegisteredOffice2023-02-012024-01-31 064832132023-01-31 06483213core:WithinOneYear2024-01-31 06483213core:WithinOneYear2023-01-31 06483213core:AfterOneYear2024-01-31 06483213core:AfterOneYear2023-01-31 06483213core:ShareCapitalcore:PreviouslyStatedAmount2024-01-31 06483213core:ShareCapitalcore:PreviouslyStatedAmount2023-01-31 06483213core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-01-31 06483213core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-31 06483213core:PreviouslyStatedAmount2024-01-31 06483213core:PreviouslyStatedAmount2023-01-31 06483213business:SmallEntities2023-02-012024-01-31 06483213countries:EnglandWales2023-02-012024-01-31 06483213core:LandBuildings2023-02-012024-01-31 06483213core:PlantMachinery2023-02-012024-01-31 06483213core:Goodwill2023-01-31 06483213core:Goodwill2024-01-31 06483213core:Goodwill2023-02-012024-01-31 06483213core:LandBuildings2023-01-31 06483213core:PlantMachinery2023-01-31 06483213core:LandBuildings2024-01-31 06483213core:PlantMachinery2024-01-31 06483213business:OrdinaryShareClass12023-02-012024-01-31 06483213business:OrdinaryShareClass12022-02-012023-01-31 064832132022-02-012023-01-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 06483213 (England and Wales)
WeAdmire Limited Unaudited accounts for the year ended 31 January 2024
WeAdmire Limited Unaudited accounts Contents
Page
- 2 -
WeAdmire Limited Company Information for the year ended 31 January 2024
Director
Theo J Stegers
Company Number
06483213 (England and Wales)
Registered Office
11 Maudlins Green London E1W 1LZ England
Accountants
Tax Return Accountants Ltd 26 Spinning Wheel Way Hackbridge WALLINGTON GB SM6 7DS
- 3 -
WeAdmire Limited Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
51,786 
54,512 
Tangible assets
42,727 
44,677 
Investments
1,200 
1,200 
95,713 
100,389 
Current assets
Inventories
43,712 
47,037 
Cash at bank and in hand
7,648 
18,563 
51,360 
65,600 
Creditors: amounts falling due within one year
(128)
(2,256)
Net current assets
51,232 
63,344 
Total assets less current liabilities
146,945 
163,733 
Creditors: amounts falling due after more than one year
(437,470)
(437,171)
Net liabilities
(290,525)
(273,438)
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
(291,525)
(274,438)
Shareholders' funds
(290,525)
(273,438)
For the year ending 31 January 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 director acknowledges his 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 and authorised for issue on 17 July 2024 and were signed on its behalf by
Theo J Stegers Director Company Registration No. 06483213
- 4 -
WeAdmire Limited Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
WeAdmire Limited is a private company, limited by shares, registered in England and Wales, registration number 06483213. The registered office is 11 Maudlins Green, London, E1W 1LZ, England.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Land & buildings
2%
Plant & machinery
33%
Intangible fixed assets
Intellectual properties are capitalised which arise from the development phase and will be written off in equal annual instalments over its estimated useful economic life.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Going concern
The director acknowledges the latest guidance on going concern. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence for a period of twelve months from the date of approval of the financial statements, a trend which they expect to extend beyond this period, and therefore she adopts the going concern basis in preparing the annual financial statements
- 5 -
WeAdmire Limited Notes to the Accounts for the year ended 31 January 2024
Registered address
The Company registered office address changed from 13-15 Great Eastern Street London EC2A 3EJ to 11 Maudlins Green London E1W 1LZ on 27 April 2024
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 February 2023
109,493 
At 31 January 2024
109,493 
Amortisation
At 1 February 2023
54,981 
Charge for the year
2,726 
At 31 January 2024
57,707 
Net book value
At 31 January 2024
51,786 
At 31 January 2023
54,512 
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2023
48,509 
48,873 
97,382 
At 31 January 2024
48,509 
48,873 
97,382 
Depreciation
At 1 February 2023
7,240 
45,465 
52,705 
Charge for the year
825 
1,125 
1,950 
At 31 January 2024
8,065 
46,590 
54,655 
Net book value
At 31 January 2024
40,444 
2,283 
42,727 
At 31 January 2023
41,269 
3,408 
44,677 
6
Investments
Other investments 
£ 
Valuation at 1 February 2023
1,200 
Valuation at 31 January 2024
1,200 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
(872)
1,256 
Trade creditors
1,000 
1,000 
128 
2,256 
- 6 -
WeAdmire Limited Notes to the Accounts for the year ended 31 January 2024
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Loans from directors
437,470 
437,171 
9
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000 
1,000 
10
Average number of employees
During the year the average number of employees was 0 (2023: 0).
- 7 -