0 false false false false false false false false false false true false false false false false false No description of principal activity 2023-11-01 Sage Accounts Production Advanced 2023 - FRS102_2023 9,281 9,281 3,061 3,061 6,220 xbrli:pure xbrli:shares iso4217:GBP 12954777 2023-11-01 2024-06-30 12954777 2024-06-30 12954777 2023-10-31 12954777 2022-11-01 2023-10-31 12954777 2023-10-31 12954777 2022-10-31 12954777 bus:Director1 2023-11-01 2024-06-30 12954777 core:WithinOneYear 2024-06-30 12954777 core:WithinOneYear 2023-10-31 12954777 core:ShareCapital 2024-06-30 12954777 core:ShareCapital 2023-10-31 12954777 core:RetainedEarningsAccumulatedLosses 2024-06-30 12954777 core:RetainedEarningsAccumulatedLosses 2023-10-31 12954777 bus:SmallEntities 2023-11-01 2024-06-30 12954777 bus:AuditExemptWithAccountantsReport 2023-11-01 2024-06-30 12954777 bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-06-30 12954777 bus:PrivateLimitedCompanyLtd 2023-11-01 2024-06-30 12954777 bus:FullAccounts 2023-11-01 2024-06-30 12954777 core:ComputerEquipment 2023-11-01 2024-06-30 12954777 core:ComputerEquipment 2023-10-31
COMPANY REGISTRATION NUMBER: 12954777
The Company We Keep Ltd
Filleted Unaudited Financial Statements
30 June 2024
The Company We Keep Ltd
Statement of Financial Position
30 June 2024
30 Jun 24
31 Oct 23
Note
£
£
Fixed assets
Tangible assets
5
6,220
Current assets
Debtors
6
387
Cash at bank and in hand
33,546
49,147
--------
--------
33,546
49,534
Creditors: amounts falling due within one year
7
8,721
16,047
--------
--------
Net current assets
24,825
33,487
--------
--------
Total assets less current liabilities
24,825
39,707
--------
--------
Net assets
24,825
39,707
--------
--------
Capital and reserves
Called up share capital
100
100
Profit and loss account
24,725
39,607
--------
--------
Shareholders funds
24,825
39,707
--------
--------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the period ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
The Company We Keep Ltd
Statement of Financial Position (continued)
30 June 2024
These financial statements were approved by the board of directors and authorised for issue on 7 August 2024 , and are signed on behalf of the board by:
Mr P Stoeter
Director
Company registration number: 12954777
The Company We Keep Ltd
Notes to the Financial Statements
Period from 1 November 2023 to 30 June 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 40 Kimbolton Road, Bedford, MK40 2NR.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Income tax
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Equipment
-
15% reducing balance
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
4. Employee numbers
The average number of persons employed by the company during the period amounted to Nil (2023: 2 ).
5. Tangible assets
Equipment
£
Cost
At 1 November 2023
9,281
Disposals
( 9,281)
-------
At 30 June 2024
-------
Depreciation
At 1 November 2023
3,061
Disposals
( 3,061)
-------
At 30 June 2024
-------
Carrying amount
At 30 June 2024
-------
At 31 October 2023
6,220
-------
6. Debtors
30 Jun 24
31 Oct 23
£
£
Other debtors
387
----
----
7. Creditors: amounts falling due within one year
30 Jun 24
31 Oct 23
£
£
Corporation tax
57
9,581
Other creditors
8,664
6,466
-------
--------
8,721
16,047
-------
--------