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REGISTERED NUMBER: 03761578 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

WIDEHEY LTD

WIDEHEY LTD (REGISTERED NUMBER: 03761578)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


WIDEHEY LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTOR: P S Randhawa





SECRETARY: P S Randhawa





REGISTERED OFFICE: 88a Old Oak Common Lane
Acton
London
W3 7DA





REGISTERED NUMBER: 03761578 (England and Wales)





ACCOUNTANTS: Param & Company Ltd
1st Floor
44 - 50 The Broadway
Southall
Middlesex
UB1 1QB

WIDEHEY LTD (REGISTERED NUMBER: 03761578)

ABRIDGED BALANCE SHEET
30 NOVEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1 1
Investment property 5 350,000 350,000
350,001 350,001

CURRENT ASSETS
Debtors 621,339 607,913

CREDITORS
Amounts falling due within one year 9,608 13,399
NET CURRENT ASSETS 611,731 594,514
TOTAL ASSETS LESS CURRENT
LIABILITIES

961,732

944,515

PROVISIONS FOR LIABILITIES 32,271 32,271
NET ASSETS 929,461 912,244

CAPITAL AND RESERVES
Called up share capital 384,358 384,358
Retained earnings 545,103 527,886
929,461 912,244

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 November 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

WIDEHEY LTD (REGISTERED NUMBER: 03761578)

ABRIDGED BALANCE SHEET - continued
30 NOVEMBER 2023



The financial statements were approved by the director and authorised for issue on 30 August 2024 and were signed by:





P S Randhawa - Director


WIDEHEY LTD (REGISTERED NUMBER: 03761578)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1. STATUTORY INFORMATION

Widehey Ltd 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 as modified by the revaluation of certain assets.

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 - 15% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3. EMPLOYEES AND DIRECTORS

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

WIDEHEY LTD (REGISTERED NUMBER: 03761578)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 December 2022
and 30 November 2023 3,846
DEPRECIATION
At 1 December 2022
and 30 November 2023 3,845
NET BOOK VALUE
At 30 November 2023 1
At 30 November 2022 1

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 December 2022
and 30 November 2023 350,000
NET BOOK VALUE
At 30 November 2023 350,000
At 30 November 2022 350,000

Fair value at 30 November 2023 is represented by:
£   
Valuation in 2004 124,470
Valuation in 2005 2,804
Valuation in 2006 29,848
Valuation in 2012 (25,893 )
Valuation in 2017 125,000
Cost 93,771
350,000