IRIS Accounts Production v24.2.0.383 07847025 director 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh078470252023-03-31078470252024-03-31078470252023-04-012024-03-31078470252022-03-31078470252022-04-012023-03-31078470252023-03-3107847025ns15:EnglandWales2023-04-012024-03-3107847025ns14:PoundSterling2023-04-012024-03-3107847025ns10:Director12023-04-012024-03-3107847025ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3107847025ns10:SmallEntities2023-04-012024-03-3107847025ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3107847025ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3107847025ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3107847025ns10:FullAccounts2023-04-012024-03-3107847025ns10:RegisteredOffice2023-04-012024-03-3107847025ns5:CurrentFinancialInstruments2024-03-3107847025ns5:CurrentFinancialInstruments2023-03-3107847025ns5:Non-currentFinancialInstruments2024-03-3107847025ns5:Non-currentFinancialInstruments2023-03-3107847025ns5:ShareCapital2024-03-3107847025ns5:ShareCapital2023-03-3107847025ns5:RetainedEarningsAccumulatedLosses2024-03-3107847025ns5:RetainedEarningsAccumulatedLosses2023-03-3107847025ns5:PlantMachinery2023-04-012024-03-3107847025ns5:MotorVehicles2023-03-3107847025ns5:ComputerEquipment2023-03-3107847025ns5:MotorVehicles2023-04-012024-03-3107847025ns5:ComputerEquipment2023-04-012024-03-3107847025ns5:MotorVehicles2024-03-3107847025ns5:ComputerEquipment2024-03-3107847025ns5:MotorVehicles2023-03-3107847025ns5:ComputerEquipment2023-03-3107847025ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3107847025ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3107847025ns5:Secured2024-03-3107847025ns5:Secured2023-03-31078470251ns10:Director12023-03-31078470251ns10:Director12022-03-31078470251ns10:Director12023-04-012024-03-31078470251ns10:Director12022-04-012023-03-31078470251ns10:Director12024-03-31078470251ns10:Director12023-03-31
REGISTERED NUMBER: 07847025 (England and Wales)















Unaudited Financial Statements For The Year Ended 31 March 2024

for

Witty Northampton Limited

Witty Northampton Limited (Registered number: 07847025)

Contents of the Financial Statements
For The Year Ended 31 March 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Witty Northampton Limited

Company Information
For The Year Ended 31 March 2024







DIRECTOR: Mr M P Witty





REGISTERED OFFICE: 7 Billing Road
Northampton
NORTHAMPTONSHIRE
NN1 5AN





REGISTERED NUMBER: 07847025 (England and Wales)





ACCOUNTANTS: Harris & Clarke LLP
7 Billing Road
Northampton
NORTHAMPTONSHIRE
NN1 5AN

Witty Northampton Limited (Registered number: 07847025)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 15,855 7,122

CURRENT ASSETS
Debtors 5 46,129 29,981
Cash at bank 43,233 4,160
89,362 34,141
CREDITORS
Amounts falling due within one year 6 95,152 171,346
NET CURRENT LIABILITIES (5,790 ) (137,205 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

10,065

(130,083

)

CREDITORS
Amounts falling due after more than one year 7 32,224 34,302
NET LIABILITIES (22,159 ) (164,385 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (22,160 ) (164,386 )
SHAREHOLDERS' FUNDS (22,159 ) (164,385 )

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

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

Witty Northampton Limited (Registered number: 07847025)

Balance Sheet - continued
31 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 8 August 2024 and were signed by:





Mr M P Witty - Director


Witty Northampton Limited (Registered number: 07847025)

Notes to the Financial Statements
For The Year Ended 31 March 2024


1. STATUTORY INFORMATION

Witty Northampton 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.

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 financial statements have been prepared on a going concern basis under the assumption that the director is confident that the trading position will continue to allow the company to pay its debts when they fall due.

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

The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and 20% 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 5 (2023 - 5 ) .

Witty Northampton Limited (Registered number: 07847025)

Notes to the Financial Statements - continued
For The Year Ended 31 March 2024


4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2023 15,724 5,145 20,869
Additions 15,200 - 15,200
Disposals (3,500 ) - (3,500 )
At 31 March 2024 27,424 5,145 32,569
DEPRECIATION
At 1 April 2023 9,077 4,670 13,747
Charge for year 5,211 425 5,636
Eliminated on disposal (2,669 ) - (2,669 )
At 31 March 2024 11,619 5,095 16,714
NET BOOK VALUE
At 31 March 2024 15,805 50 15,855
At 31 March 2023 6,647 475 7,122

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 36,792 14,532
Other debtors 9,337 15,449
46,129 29,981

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 6,049 11,385
Trade creditors - 714
Amounts owed to group undertakings 23,704 63,283
Taxation and social security 25,698 19,656
Other creditors 39,701 76,308
95,152 171,346

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 31,252 34,302
Other creditors 972 -
32,224 34,302

Witty Northampton Limited (Registered number: 07847025)

Notes to the Financial Statements - continued
For The Year Ended 31 March 2024


8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank overdraft - 5,829
Bank loans 37,301 39,858
37,301 45,687

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

2024 2023
£    £   
Mr M P Witty
Balance outstanding at start of year - 16,372
Amounts repaid - (16,372 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

10. ULTIMATE CONTROLLING PARTY

The controlling party is Mr M Witty.