WE ARE COMMON LIMITED

Company Registration Number:
11722202 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

WE ARE COMMON LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

WE ARE COMMON LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Fixed assets
Intangible assets: 3 18,000 15,000
Investments: 4 5,000 5,000
Total fixed assets: 23,000 20,000
Current assets
Stocks: 20,500 21,900
Debtors:   5,200 2,100
Cash at bank and in hand: 1,500 3,000
Total current assets: 27,200 27,000
Net current assets (liabilities): 27,200 27,000
Total assets less current liabilities: 50,200 47,000
Provision for liabilities: (21,329) (24,112)
Total net assets (liabilities): 28,871 22,888
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 28,869 22,886
Shareholders funds: 28,871 22,888

The notes form part of these financial statements

WE ARE COMMON LIMITED

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 August 2024
and signed on behalf of the board by:

Name: Elizabeth Smalley
Status: Director

The notes form part of these financial statements

WE ARE COMMON LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

WE ARE COMMON LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 13 13

WE ARE COMMON LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Intangible Assets

Total
Cost £
At 01 January 2023 15,000
Additions 5,000
At 31 December 2023 20,000
Amortisation
At 01 January 2023 0
Other adjustments 2,000
At 31 December 2023 2,000
Net book value
At 31 December 2023 18,000
At 31 December 2022 15,000

WE ARE COMMON LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Fixed investments

Fixture and fittings investment