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REGISTERED NUMBER: 12977336 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Weekday Cross Ltd

Weekday Cross Ltd (Registered number: 12977336)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Weekday Cross Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTORS: D R Ellis
A Pereira
C Guest





REGISTERED OFFICE: Das Kino
22 Fletcher Gate
Nottingham
Nottinghamshire
NG1 2FZ





REGISTERED NUMBER: 12977336 (England and Wales)





ACCOUNTANTS: Beaumont Chapman Limited
Foxhall Lodge
Foxhall Road
Nottingham
Nottinghamshire
NG7 6LH

Weekday Cross Ltd (Registered number: 12977336)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 93,288 128,856

CURRENT ASSETS
Stocks 25,954 34,194
Debtors 5 59,603 21,518
Cash at bank 54,334 35,797
139,891 91,509
CREDITORS
Amounts falling due within one year 6 150,436 117,246
NET CURRENT LIABILITIES (10,545 ) (25,737 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

82,743

103,119

PROVISIONS FOR LIABILITIES 23,322 29,077
NET ASSETS 59,421 74,042

CAPITAL AND RESERVES
Called up share capital 90 90
Retained earnings 59,331 73,952
59,421 74,042

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

Weekday Cross Ltd (Registered number: 12977336)

Balance Sheet - continued
31 March 2024


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 25 September 2024 and were signed on its behalf by:





D R Ellis - Director


Weekday Cross Ltd (Registered number: 12977336)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Weekday Cross Ltd 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.
Plant and machinery etc - 25% 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.

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

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.

Weekday Cross Ltd (Registered number: 12977336)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

2. ACCOUNTING POLICIES - continued

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 10 (2023 - 10 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 202,039
Additions 17,551
At 31 March 2024 219,590
DEPRECIATION
At 1 April 2023 73,183
Charge for year 53,119
At 31 March 2024 126,302
NET BOOK VALUE
At 31 March 2024 93,288
At 31 March 2023 128,856

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 35,842 9,843
Other debtors 23,761 11,675
59,603 21,518

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 55,565 42,255
Taxation and social security 84,067 36,226
Other creditors 10,804 38,765
150,436 117,246

Weekday Cross Ltd (Registered number: 12977336)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

7. RELATED PARTY DISCLOSURES

During the period the company made purchases from the following companies where the directors and shareholders have a significant interest. The following charges were made:






Invoices to
31.3.24


Invoices to
31.3.23
Balance
outstanding
as at
31.3.24
Balance
outstanding
as at
31.3.23
£££
Fletchergate Industries Limited69,83363,8154,2376,436
Audacity Leisure Limited2,9373,19715375
Legends Beeston Limited9,644nilnilnil

During the period the company sold services to Legends Beeston Limited (a company in which the directors have a controlling interest) of £755 (2023: £27,054). There was £nil outstanding at the year end (2023: £3,215).

During the period the company sold services to Our Secret Garden Limited (a company in which the directors have a controlling interest) of £5,605 (2023: £nil). There was £321 outstanding at the year end (2023:£nil).

During the period the company sold services to Fletchergate Industries Limited (a company in which the directors have a controlling interest) of £4,892 (2023: £nil). There was £544 outstanding at the year end (2023: £nil)

During the period the company rented a premises from Trinitarian Limited a company in which the directors have a significant interest for £74,000 (2023: £45,099). There was £6,700 outstanding at the year end (2023: £10,000).

During prior periods DRE Investments Limited a company in which one of the directors has a significant influence made a loan of £50,000. There was £nil outstanding at 31 March 2024 (2023: £10,000).

During prior periods Mr C Guest one of the directors made a loan of £70,000. There was £nil outstanding at 31 March 2024 (£10,000 at 31 March 2023).

During prior periods AJP Investments Limited a company in which one of the directors has a significant influence made a loan of £70,000. There was £nil outstanding at 31 March 2024 (2023: £10,000).

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the shareholders by virtue of their equal shareholdings.