IRIS Accounts Production v24.2.0.383 10183376 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:kWh101833762022-12-31101833762023-12-31101833762023-01-012023-12-31101833762021-12-31101833762022-01-012022-12-31101833762022-12-3110183376ns15:EnglandWales2023-01-012023-12-3110183376ns14:PoundSterling2023-01-012023-12-3110183376ns10:Director12023-01-012023-12-3110183376ns10:Director22023-01-012023-12-3110183376ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3110183376ns10:SmallEntities2023-01-012023-12-3110183376ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3110183376ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3110183376ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3110183376ns10:FullAccounts2023-01-012023-12-3110183376ns10:OrdinaryShareClass12023-01-012023-12-3110183376ns10:RegisteredOffice2023-01-012023-12-3110183376ns5:CurrentFinancialInstruments2023-12-3110183376ns5:CurrentFinancialInstruments2022-12-3110183376ns5:Non-currentFinancialInstruments2023-12-3110183376ns5:Non-currentFinancialInstruments2022-12-3110183376ns5:ShareCapital2023-12-3110183376ns5:ShareCapital2022-12-3110183376ns5:RetainedEarningsAccumulatedLosses2023-12-3110183376ns5:RetainedEarningsAccumulatedLosses2022-12-3110183376ns5:FurnitureFittings2023-01-012023-12-3110183376ns5:MotorVehicles2023-01-012023-12-3110183376ns5:ComputerEquipment2023-01-012023-12-3110183376ns5:FurnitureFittings2022-12-3110183376ns5:MotorVehicles2022-12-3110183376ns5:ComputerEquipment2022-12-3110183376ns5:FurnitureFittings2023-12-3110183376ns5:MotorVehicles2023-12-3110183376ns5:ComputerEquipment2023-12-3110183376ns5:FurnitureFittings2022-12-3110183376ns5:MotorVehicles2022-12-3110183376ns5:ComputerEquipment2022-12-3110183376ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3110183376ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3110183376ns10:OrdinaryShareClass12023-12-3110183376ns5:RetainedEarningsAccumulatedLosses2022-12-3110183376ns5:RetainedEarningsAccumulatedLosses2023-01-012023-12-31
REGISTERED NUMBER: 10183376 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

WEATHER FACTORY LIMITED

WEATHER FACTORY LIMITED (REGISTERED NUMBER: 10183376)






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


WEATHER FACTORY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: Miss C S P Bevan
Mr A M C Kennedy





REGISTERED OFFICE: 11 Old Bond Street
London
W1S 4PN





REGISTERED NUMBER: 10183376 (England and Wales)





ACCOUNTANTS: Richardson Jones
Chartered Accountants
Mercury House
19-21 Chapel Street
Marlow
Buckinghamshire
SL7 3HN

WEATHER FACTORY LIMITED (REGISTERED NUMBER: 10183376)

BALANCE SHEET
31 DECEMBER 2023

31.12.23 31.12.22
as restated
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 186,926 116,921

CURRENT ASSETS
Stocks 36,307 23,871
Debtors 5 111,093 120,418
Investments 6 70,995 48,283
Cash at bank 1,547,595 1,008,834
1,765,990 1,201,406
CREDITORS
Amounts falling due within one year 7 81,851 35,692
NET CURRENT ASSETS 1,684,139 1,165,714
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,871,065

1,282,635

CREDITORS
Amounts falling due after more than one
year

8

37,385

-
NET ASSETS 1,833,680 1,282,635

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 1,833,580 1,282,535
SHAREHOLDERS' FUNDS 1,833,680 1,282,635

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.

WEATHER FACTORY LIMITED (REGISTERED NUMBER: 10183376)

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 September 2024 and were signed on its behalf by:




Mr A M C Kennedy - Director



Miss C S P Bevan - Director


WEATHER FACTORY LIMITED (REGISTERED NUMBER: 10183376)

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

1. STATUTORY INFORMATION

Weather Factory 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.

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.

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 - 20% on cost
Motor vehicles - 20% on cost
Computer equipment - 20% on cost

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

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 January 2023 72,935 104,495 54,276 231,706
Additions 9,063 - 5,871 14,934
Reclassification/transfer - 99,497 - 99,497
At 31 December 2023 81,998 203,992 60,147 346,137
DEPRECIATION
At 1 January 2023 32,052 46,666 36,067 114,785
Charge for year 10,506 21,891 12,029 44,426
At 31 December 2023 42,558 68,557 48,096 159,211
NET BOOK VALUE
At 31 December 2023 39,440 135,435 12,051 186,926
At 31 December 2022 40,883 57,829 18,209 116,921

The reclassification of £99,497 within Motor Vehicles represents prior understatement of vehicle cost and respective liabilities under hire purchase contracts. A prior year adjustment was not considered necessary as the net effect was not material to Net Assets.

WEATHER FACTORY LIMITED (REGISTERED NUMBER: 10183376)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
as restated
£    £   
Amounts owed by associates 109,850 109,850
Directors' loan accounts - 100
VAT 1,243 10,468
111,093 120,418

6. CURRENT ASSET INVESTMENTS
31.12.23 31.12.22
as restated
£    £   
Unlisted investments 70,995 48,283

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
as restated
£    £   
Bank loans and overdrafts - 262
Hire purchase contracts 19,505 -
Tax 46,000 35,430
Social security and other taxes 9,547 -
Directors' loan accounts 4,800 -
Accrued expenses 1,999 -
81,851 35,692

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.23 31.12.22
as restated
£    £   
Hire purchase contracts 37,385 -

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: as restated
£    £   
100 Ordinary £1 100 100

10. RESERVES
Retained
earnings
£   

At 1 January 2023 1,282,535
Profit for the year 551,045
At 31 December 2023 1,833,580