IRIS Accounts Production v24.2.0.383 02043431 Board of Directors Board of Directors 1.1.23 31.12.23 31.12.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh020434312022-12-31020434312023-12-31020434312023-01-012023-12-31020434312021-12-31020434312022-01-012022-12-31020434312022-12-3102043431ns15:EnglandWales2023-01-012023-12-3102043431ns14:PoundSterling2023-01-012023-12-3102043431ns10:Director12023-01-012023-12-3102043431ns10:Director22023-01-012023-12-3102043431ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3102043431ns10:SmallEntities2023-01-012023-12-3102043431ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3102043431ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3102043431ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3102043431ns10:FullAccounts2023-01-012023-12-3102043431ns10:OrdinaryShareClass12023-01-012023-12-3102043431ns10:RegisteredOffice2023-01-012023-12-3102043431ns5:CurrentFinancialInstruments2023-12-3102043431ns5:CurrentFinancialInstruments2022-12-3102043431ns5:Non-currentFinancialInstruments2023-12-3102043431ns5:Non-currentFinancialInstruments2022-12-3102043431ns5:ShareCapital2023-12-3102043431ns5:ShareCapital2022-12-3102043431ns5:CapitalRedemptionReserve2023-12-3102043431ns5:CapitalRedemptionReserve2022-12-3102043431ns5:RetainedEarningsAccumulatedLosses2023-12-3102043431ns5:RetainedEarningsAccumulatedLosses2022-12-3102043431ns5:FurnitureFittings2023-01-012023-12-3102043431ns5:ComputerEquipment2023-01-012023-12-3102043431ns5:FurnitureFittings2022-12-3102043431ns5:ComputerEquipment2022-12-3102043431ns5:FurnitureFittings2023-12-3102043431ns5:ComputerEquipment2023-12-3102043431ns5:FurnitureFittings2022-12-3102043431ns5:ComputerEquipment2022-12-3102043431ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3102043431ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3102043431ns10:OrdinaryShareClass12023-12-31
















WORDCRAFT INTERNATIONAL LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023






WORDCRAFT INTERNATIONAL LIMITED (REGISTERED NUMBER: 02043431)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WORDCRAFT INTERNATIONAL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: AJ Gallear
Mrs A Pinnock





REGISTERED OFFICE: Unit 8 Heritage Business Centre
Derby Road
Belper
Derbyshire
DE56 1SW





REGISTERED NUMBER: 02043431 (England and Wales)





ACCOUNTANTS: Sibbalds Limited
Chartered Accountants and Business Advisers
Oakhurst House
57 Ashbourne Road
Derby
Derbyshire
DE22 3FS

WORDCRAFT INTERNATIONAL LIMITED (REGISTERED NUMBER: 02043431)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,743 4,108

CURRENT ASSETS
Stocks 6,967 8,233
Debtors 5 15,680 25,671
Cash at bank and in hand 34,631 34,726
57,278 68,630
CREDITORS
Amounts falling due within one year 6 23,717 35,087
NET CURRENT ASSETS 33,561 33,543
TOTAL ASSETS LESS CURRENT LIABILITIES 36,304 37,651

CREDITORS
Amounts falling due after more than one year 7 - 1,096
NET ASSETS 36,304 36,555

CAPITAL AND RESERVES
Called up share capital 8 123,800 123,800
Capital redemption reserve 34,469 34,469
Retained earnings (121,965 ) (121,714 )
SHAREHOLDERS' FUNDS 36,304 36,555

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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.

WORDCRAFT INTERNATIONAL LIMITED (REGISTERED NUMBER: 02043431)

BALANCE SHEET - continued
31 DECEMBER 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 September 2024 and were signed on its behalf by:




Mrs A Pinnock - Director



AJ Gallear - Director


WORDCRAFT INTERNATIONAL LIMITED (REGISTERED NUMBER: 02043431)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


1. STATUTORY INFORMATION

Wordcraft International 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.

The company meets its day to day working capital requirements through the support of the directors and shareholders, who have indicated that they are willing to support the company for the foreseeable future. On this basis, the directors consider it appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments that would result from a withdrawal of the support by the directors or shareholders.

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 reducing balance
Computer equipment - 50% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

WORDCRAFT INTERNATIONAL LIMITED (REGISTERED NUMBER: 02043431)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


2. ACCOUNTING POLICIES - continued

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 3 (2022 - 3 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 January 2023 2,704 12,714 15,418
Additions - 724 724
At 31 December 2023 2,704 13,438 16,142
DEPRECIATION
At 1 January 2023 1,991 9,319 11,310
Charge for year 177 1,912 2,089
At 31 December 2023 2,168 11,231 13,399
NET BOOK VALUE
At 31 December 2023 536 2,207 2,743
At 31 December 2022 713 3,395 4,108

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 7,524 8,032
Other debtors 8,156 17,639
15,680 25,671

WORDCRAFT INTERNATIONAL LIMITED (REGISTERED NUMBER: 02043431)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 1,096 10,479
Trade creditors 9,378 4,355
Taxation and social security 7,359 11,509
Other creditors 5,884 8,744
23,717 35,087

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans - 1,096

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1,238.00 123,800 123,800