1 April 2023 false No description of principal activity Taxfiler 2024.5 08262738business:PrivateLimitedCompanyLtd2023-04-012024-03-31 082627382023-03-31 082627382023-04-012024-03-31 08262738business:AuditExemptWithAccountantsReport2023-04-012024-03-31 08262738business:FilletedAccounts2023-04-012024-03-31 082627382024-03-31 08262738business:Director12023-04-012024-03-31 08262738business:RegisteredOffice2023-04-012024-03-31 082627382023-03-31 08262738core:WithinOneYear2024-03-31 08262738core:WithinOneYear2023-03-31 08262738core:AfterOneYear2024-03-31 08262738core:AfterOneYear2023-03-31 08262738core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 08262738core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 08262738core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 08262738core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 08262738core:PreviouslyStatedAmount2024-03-31 08262738core:PreviouslyStatedAmount2023-03-31 08262738business:SmallEntities2023-04-012024-03-31 08262738countries:EnglandWales2023-04-012024-03-31 08262738core:PlantMachinery2023-04-012024-03-31 08262738core:FurnitureFittings2023-04-012024-03-31 08262738core:ComputerEquipment2023-04-012024-03-31 08262738core:IntangibleAssetsOtherThanGoodwill2023-03-31 08262738core:IntangibleAssetsOtherThanGoodwill2024-03-31 08262738core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-31 08262738core:PlantMachinery2023-03-31 08262738core:FurnitureFittings2023-03-31 08262738core:ComputerEquipment2023-03-31 08262738core:PlantMachinery2024-03-31 08262738core:FurnitureFittings2024-03-31 08262738core:ComputerEquipment2024-03-31 082627382022-04-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 08262738 (England and Wales)
Wight Computers Ltd Unaudited accounts for the year ended 31 March 2024
Wight Computers Ltd Unaudited accounts Contents
Page
- 2 -
Wight Computers Ltd Company Information for the year ended 31 March 2024
Director
Andrew Nordbruch
Company Number
08262738 (England and Wales)
Registered Office
Unit 2, Ashey Vineyard Ashey Road Ryde Isle of Wight PO33 4BB United Kingdom
Accountants
Vision Accounting Fortis House Cothey Way Ryde Isle of Wight PO33 1QT
- 3 -
Wight Computers Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
5,625 
6,750 
Tangible assets
5,361 
5,228 
10,986 
11,978 
Current assets
Inventories
6,510 
6,433 
Debtors
49,674 
53,478 
Cash at bank and in hand
60,240 
66,429 
116,424 
126,340 
Creditors: amounts falling due within one year
(72,545)
(86,455)
Net current assets
43,879 
39,885 
Total assets less current liabilities
54,865 
51,863 
Creditors: amounts falling due after more than one year
(21,705)
(31,723)
Net assets
33,160 
20,140 
Capital and reserves
Called up share capital
200 
200 
Profit and loss account
32,960 
19,940 
Shareholders' funds
33,160 
20,140 
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 director acknowledges his 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 and authorised for issue on 13 September 2024 and were signed on its behalf by
Andrew Nordbruch Director Company Registration No. 08262738
- 4 -
Wight Computers Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Wight Computers Ltd is a private company, limited by shares, registered in England and Wales, registration number 08262738. The registered office is Unit 2, Ashey Vineyard, Ashey Road, Ryde, Isle of Wight, PO33 4BB, United Kingdom.
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:
Plant & machinery
Straight Line 33.3%
Fixtures & fittings
Straight Line 33.3%
Computer equipment
Straight Line 33.3%
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Amortisation - Straight Line 10%
4
Intangible fixed assets
Other 
£ 
Cost
At 1 April 2023
11,250 
At 31 March 2024
11,250 
Amortisation
At 1 April 2023
4,500 
Charge for the year
1,125 
At 31 March 2024
5,625 
Net book value
At 31 March 2024
5,625 
At 31 March 2023
6,750 
- 5 -
Wight Computers Ltd Notes to the Accounts for the year ended 31 March 2024
5
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2023
1,181 
3,135 
26,939 
31,255 
Additions
- 
- 
3,571 
3,571 
At 31 March 2024
1,181 
3,135 
30,510 
34,826 
Depreciation
At 1 April 2023
1,181 
2,324 
22,522 
26,027 
Charge for the year
- 
405 
3,033 
3,438 
At 31 March 2024
1,181 
2,729 
25,555 
29,465 
Net book value
At 31 March 2024
- 
406 
4,955 
5,361 
At 31 March 2023
- 
811 
4,417 
5,228 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
15,857 
21,500 
Accrued income and prepayments
33,275 
31,436 
Other debtors
542 
542 
49,674 
53,478 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
8,896 
7,206 
Trade creditors
2,442 
7,048 
Taxes and social security
20,368 
16,778 
Other creditors
871 
6,142 
Loans from directors
3,702 
11,908 
Accruals
895 
895 
Deferred income
35,371 
36,478 
72,545 
86,455 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
21,705 
31,723 
9
Average number of employees
During the year the average number of employees was 3 (2023: 3).
- 6 -