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Company Registration No. 07182023 (England and Wales)
Wolfstrome Design Limited Unaudited accounts for the year ended 31 March 2024
Wolfstrome Design Limited Unaudited accounts Contents
Page
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Wolfstrome Design Limited Company Information for the year ended 31 March 2024
Directors
Richard Wolfstrome Samantha Wolfstrome
Secretary
R Wolfstrome
Company Number
07182023 (England and Wales)
Registered Office
158 Holmes Avenue Hove BN3 7LF England
Accountants
Afresh Accountants Limited 3 Wilbury Villas Hove East Sussex BN3 6GB
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Wolfstrome Design Limited for the year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Wolfstrome Design Limited for the year ended 31 March 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
Afresh Accountants Limited Chartered Accountants 3 Wilbury Villas Hove East Sussex BN3 6GB 19 August 2024
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Wolfstrome Design Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,987 
2,168 
Current assets
Debtors
9,930 
6,128 
Cash at bank and in hand
13,406 
4,648 
23,336 
10,776 
Creditors: amounts falling due within one year
(22,828)
(12,157)
Net current assets/(liabilities)
508 
(1,381)
Total assets less current liabilities
2,495 
787 
Provisions for liabilities
Deferred tax
(377)
(615)
Net assets
2,118 
172 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
2,116 
170 
Shareholders' funds
2,118 
172 
For the year ending 31 March 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 directors acknowledge their 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 of Directors and authorised for issue on 19 August 2024 and were signed on its behalf by
Richard Wolfstrome Director Company Registration No. 07182023
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Wolfstrome Design Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Wolfstrome Design Limited is a private company, limited by shares, registered in England and Wales, registration number 07182023. The registered office is 158 Holmes Avenue, Hove, BN3 7LF, 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.
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:
Fixtures & fittings
written off over 3 years straight line
Computer equipment
written off over 3 years straight line
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
965 
13,631 
14,596 
Additions
998 
1,986 
2,984 
Disposals
(965)
(1,124)
(2,089)
At 31 March 2024
998 
14,493 
15,491 
Depreciation
At 1 April 2023
322 
12,106 
12,428 
Charge for the year
334 
1,438 
1,772 
On disposals
(322)
(374)
(696)
At 31 March 2024
334 
13,170 
13,504 
Net book value
At 31 March 2024
664 
1,323 
1,987 
At 31 March 2023
643 
1,525 
2,168 
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Wolfstrome Design Limited Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
9,930 
5,250 
Other debtors
- 
878 
9,930 
6,128 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
3,084 
1,798 
Trade creditors
1,576 
1,179 
Taxes and social security
10,082 
6,864 
Loans from directors
8,086 
- 
Accruals
- 
2,316 
22,828 
12,157 
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Richard Wolfstrome
Amounts owing to director
878 
- 
8,964 
(8,086)
878 
- 
8,964 
(8,086)
the previous year's debt was repaid by the end of May 2023
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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