Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-052024-04-05The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-04-06true2falsefalsePhysical well-being activities2 11976952 2023-04-06 2024-04-05 11976952 2022-04-06 2023-04-05 11976952 2024-04-05 11976952 2023-04-05 11976952 c:Director1 2023-04-06 2024-04-05 11976952 d:OfficeEquipment 2023-04-06 2024-04-05 11976952 d:OfficeEquipment 2024-04-05 11976952 d:OfficeEquipment 2023-04-05 11976952 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-04-06 2024-04-05 11976952 d:CurrentFinancialInstruments 2024-04-05 11976952 d:CurrentFinancialInstruments 2023-04-05 11976952 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-05 11976952 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-05 11976952 d:ShareCapital 2024-04-05 11976952 d:ShareCapital 2023-04-05 11976952 d:RetainedEarningsAccumulatedLosses 2024-04-05 11976952 d:RetainedEarningsAccumulatedLosses 2023-04-05 11976952 c:FRS102 2023-04-06 2024-04-05 11976952 c:AuditExempt-NoAccountantsReport 2023-04-06 2024-04-05 11976952 c:FullAccounts 2023-04-06 2024-04-05 11976952 c:PrivateLimitedCompanyLtd 2023-04-06 2024-04-05 11976952 e:PoundSterling 2023-04-06 2024-04-05 iso4217:GBP xbrli:pure

Registered number: 11976952










WE DO WELLNESS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 5 APRIL 2024

 
WE DO WELLNESS LIMITED
REGISTERED NUMBER: 11976952

BALANCE SHEET
AS AT 5 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
176
354

  
176
354

Current assets
  

Debtors: amounts falling due within one year
 5 
1,405
855

Cash at bank and in hand
 6 
133
511

  
1,538
1,366

Creditors: amounts falling due within one year
 7 
(1,638)
(1,482)

Net current liabilities
  
 
 
(100)
 
 
(116)

  

Net assets
  
76
238


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
74
236

  
76
238


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 16 September 2024.


M Corfield
Director

The notes on pages 3 to 7 form part of these financial statements.
Page 1

 
WE DO WELLNESS LIMITED
REGISTERED NUMBER: 11976952
    
BALANCE SHEET (CONTINUED)
AS AT 5 APRIL 2024


Page 2

 
WE DO WELLNESS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024

1.


General information

The Company is a private company limited by share capital, incorporated in England and Wales, registration number 11976952. The address of the registered office is 14th Floor, 33 Cavendish Square, London, W1G 0PW.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3

 
WE DO WELLNESS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024

2.Accounting policies (continued)


2.4
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment
-
20%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. 

 
2.7

Creditors

Short-term creditors are measured at the transaction price.

 
2.8

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Balance sheet when the Company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Page 4

 
WE DO WELLNESS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024

2.Accounting policies (continued)


2.8
Financial instruments (continued)

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

 
2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).

Page 5

 
WE DO WELLNESS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024

4.


Tangible fixed assets





Office equipment

£



Cost


At 6 April 2023
888



At 5 April 2024

888



Depreciation


At 6 April 2023
534


Charge for the year on owned assets
178



At 5 April 2024

712



Net book value



At 5 April 2024
176



At 5 April 2023
354


5.


Debtors

2024
2023
£
£


Amounts owed from director
1,405
855



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
133
511


Page 6

 
WE DO WELLNESS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
638
182

Accruals and deferred income
1,000
1,300

1,638
1,482


 
Page 7