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REGISTERED NUMBER: 09910321 (England and Wales)











Financial Statements

for the Year Ended 31 December 2023

for

THE WENTWORTH COLLECTIVE LIMITED

THE WENTWORTH COLLECTIVE LIMITED (REGISTERED NUMBER: 09910321)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THE WENTWORTH COLLECTIVE LIMITED

Company Information
for the Year Ended 31 December 2023







DIRECTOR: Mrs L M James





REGISTERED OFFICE: 42 Lytton Road
Barnet
Hertfordshire
EN5 5BY





REGISTERED NUMBER: 09910321 (England and Wales)





ACCOUNTANTS: Jeff Lermer & Associates
Chartered Accountants
42 Lytton Road
Barnet
Hertfordshire
EN5 5BY

THE WENTWORTH COLLECTIVE LIMITED (REGISTERED NUMBER: 09910321)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,144 2,021

CURRENT ASSETS
Debtors 5 195,667 148,975
Cash at bank and in hand 218,723 33,084
414,390 182,059
CREDITORS
Amounts falling due within one year 6 229,966 106,824
NET CURRENT ASSETS 184,424 75,235
TOTAL ASSETS LESS CURRENT
LIABILITIES

185,568

77,256

CREDITORS
Amounts falling due after more than one year 7 (2,833 ) (4,833 )

PROVISIONS FOR LIABILITIES 9 (286 ) (505 )
NET ASSETS 182,449 71,918

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 182,349 71,818
SHAREHOLDERS' FUNDS 182,449 71,918

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

THE WENTWORTH COLLECTIVE LIMITED (REGISTERED NUMBER: 09910321)

Balance Sheet - continued
31 December 2023


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 7 August 2024 and were signed by:





Mrs L M James - Director


THE WENTWORTH COLLECTIVE LIMITED (REGISTERED NUMBER: 09910321)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

The Wentworth Collective 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 33% on cost
Computer equipment - 33% on cost

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.

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.

Foreign currencies
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 rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

THE WENTWORTH COLLECTIVE LIMITED (REGISTERED NUMBER: 09910321)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 January 2023 122 3,016 3,138
Additions 165 - 165
At 31 December 2023 287 3,016 3,303
DEPRECIATION
At 1 January 2023 122 995 1,117
Charge for year 37 1,005 1,042
At 31 December 2023 159 2,000 2,159
NET BOOK VALUE
At 31 December 2023 128 1,016 1,144
At 31 December 2022 - 2,021 2,021

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 113,434 113,174
Other debtors 206 -
VAT 1,101 -
Accrued income 73,417 35,086
Prepayments 7,509 715
195,667 148,975

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts (see note 8) 2,000 2,000
Trade creditors 37,411 36,195
Tax 47,377 26,695
VAT - 7,955
Other creditors 3,489 1,750
Directors' current accounts - 699
Accruals and deferred income 32,892 30,480
Accrued expenses 106,797 1,050
229,966 106,824

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans (see note 8) 2,833 4,833

THE WENTWORTH COLLECTIVE LIMITED (REGISTERED NUMBER: 09910321)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

8. LOANS

An analysis of the maturity of loans is given below:

31.12.23 31.12.22
£    £   
Amounts falling due within one year or on demand:
Bank loans 2,000 2,000

Amounts falling due between one and two years:
Bank loans - 1-2 years 2,833 4,833

9. PROVISIONS FOR LIABILITIES
31.12.23 31.12.22
£    £   
Deferred tax 286 505

Deferred
tax
£   
Balance at 1 January 2023 505
Provided during year (219 )
Balance at 31 December 2023 286

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
100 Ordinary £1 100 100

11. RELATED PARTY DISCLOSURES

As at the balance sheet date, the company owed an amount of £nil (2022: £698) to the director.