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REGISTERED NUMBER: 05302506 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

WORKING IN TANDEM LIMITED

WORKING IN TANDEM LIMITED (REGISTERED NUMBER: 05302506)

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


WORKING IN TANDEM LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: J K Hickling
K R Jones





SECRETARY: J K Hickling





REGISTERED OFFICE: 23 Rathmore Road
CAMBRIDGE
Cambridgeshire
CB1 7AB





REGISTERED NUMBER: 05302506 (England and Wales)





ACCOUNTANTS: Staffords
Chartered Accountants
Unit 1, Cambridge House
Camboro Business Park
Oakington Road, Girton
CAMBRIDGE
Cambridgeshire
CB3 0QH

WORKING IN TANDEM LIMITED (REGISTERED NUMBER: 05302506)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,978 260

CURRENT ASSETS
Debtors 5 2,908 3,291
Cash at bank 8,831 39,833
11,739 43,124
CREDITORS
Amounts falling due within one year 6 2,859 4,335
NET CURRENT ASSETS 8,880 38,789
TOTAL ASSETS LESS CURRENT
LIABILITIES

10,858

39,049

PROVISIONS FOR LIABILITIES 7 376 50
NET ASSETS 10,482 38,999

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 10,480 38,997
SHAREHOLDERS' FUNDS 10,482 38,999

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 directors acknowledge their 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.

WORKING IN TANDEM LIMITED (REGISTERED NUMBER: 05302506)

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 July 2024 and were signed on its behalf by:





J K Hickling - Director


WORKING IN TANDEM LIMITED (REGISTERED NUMBER: 05302506)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Working in Tandem 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 - 25% 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.

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 2 (2023 - 2 ) .

WORKING IN TANDEM LIMITED (REGISTERED NUMBER: 05302506)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2023 2,434 7,438 9,872
Additions - 2,772 2,772
Disposals - (2,715 ) (2,715 )
At 31 March 2024 2,434 7,495 9,929
DEPRECIATION
At 1 April 2023 2,434 7,178 9,612
Charge for year - 1,054 1,054
Eliminated on disposal - (2,715 ) (2,715 )
At 31 March 2024 2,434 5,517 7,951
NET BOOK VALUE
At 31 March 2024 - 1,978 1,978
At 31 March 2023 - 260 260

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 3,218
Other debtors 2,908 73
2,908 3,291

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 179 162
Taxation and social security - 1,598
Other creditors 2,680 2,575
2,859 4,335

7. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 376 50

WORKING IN TANDEM LIMITED (REGISTERED NUMBER: 05302506)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


7. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 April 2023 50
Accelerated capital allowances 326
Balance at 31 March 2024 376

8. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 2024 2023
value: £    £   
2 Ordinary £1 2 2

9. RELATED PARTY DISCLOSURES

There are no material related party transactions which were not concluded under normal market conditions.