03983881falsethat of on-line retail of products2023-04-012024-03-31http://www.companieshouse.gov.uk/2023-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2023-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-03-31http://www.companieshouse.gov.uk/cd:Director12023-04-012024-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2024-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-03-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2023-03-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2024-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-04-012024-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-04-012024-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-04-012024-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-03-31http://www.companieshouse.gov.uk/2023-04-012024-03-31http://www.companieshouse.gov.uk/2023-03-31http://www.companieshouse.gov.uk/cd:FRS1022023-04-012024-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2023-04-012024-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-04-012024-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 03983881

IDWEB LIMITED

ACCOUNTS
FOR THE YEAR ENDED 31/03/2024

Prepared By:
Martin & Fahy Accountants LLP
7 Milbanke Court
Milbanke Way
Bracknell
Berkshire
RG12 1RP

IDWEB LIMITED

ACCOUNTS
FOR THE YEAR ENDED 31/03/2024
DIRECTORS
Gary Waudby
SECRETARY
Claire Bowden
REGISTERED OFFICE
7 Milbanke Court
Milbanke Way
Bracknell
Berkshire
RG12 1RP
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 03983881
ACCOUNTANTS
Martin & Fahy Accountants LLP
7 Milbanke Court
Milbanke Way
Bracknell
Berkshire
RG12 1RP

IDWEB LIMITED

BALANCE SHEET AT 31/03/2024
20242023
Notes££
FIXED ASSETS
Tangible assets37,29112,281
CURRENT ASSETS
Stock40,73466,571
Debtors545,82059,742
Cash at bank and in hand229,093208,945
315,647335,258
CREDITORS: Amounts falling due within one year654,43130,302
NET CURRENT ASSETS261,216304,956
TOTAL ASSETS LESS CURRENT LIABILITIES268,507317,237
PROVISIONS FOR LIABILITIES AND CHARGES7-1,761
NET ASSETS268,507315,476
CAPITAL AND RESERVES
Called up share capital8210210
Profit and loss account268,297315,266
SHAREHOLDERS' FUNDS268,507315,476
For the year ending 31/03/2024 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 05/09/2024 and signed on their behalf by
.............................
Gary Waudby
Director

IDWEB LIMITED

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Short Leasehold Properties 15%
Plant and Machinery 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
2. EMPLOYEES
20242023
No.No.
Average number of employees79

IDWEB LIMITED

3. TANGIBLE FIXED ASSETS
Short LeaseholdPlant andFixtures
PropertiesMachineryand FittingsTotal
££££
Cost
At 01/04/20237,700116,46423,428147,592
Additions-4,443-4,443
At 31/03/20247,700120,90723,428152,035
Depreciation
At 01/04/20235,390106,49323,428135,311
For the year7708,663-9,433
At 31/03/20246,160115,15623,428144,744
Net Book Amounts
At 31/03/20241,5405,751-7,291
At 31/03/20232,3109,971-12,281
4. STOCK 20242023
££
Stock comprises:
Stock40,73466,571
40,73466,571
5. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors30,95935,267
Corporation tax129,272
Prepayments14,84915,203
45,82059,742

IDWEB LIMITED

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
VAT30,85623,999
PAYE creditor4,655-
Directors current account584,166
Trade creditors17,646869
Accruals1,2161,268
54,43130,302
7. PROVISIONS FOR LIABILITIES 20242023
££
Deferred taxation-1,761
-1,761
8. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
210 Ordinary shares of £1 each210210
210210