REGISTERED NUMBER: |
WE ARE EASE GROUP LIMITED |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 17 MARCH 2023 TO 31 MARCH 2024 |
REGISTERED NUMBER: |
WE ARE EASE GROUP LIMITED |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 17 MARCH 2023 TO 31 MARCH 2024 |
WE ARE EASE GROUP LIMITED (REGISTERED NUMBER: 14736857) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 17 MARCH 2023 TO 31 MARCH 2024 |
Page |
Company Information | 1 |
Abridged Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
WE ARE EASE GROUP LIMITED |
COMPANY INFORMATION |
FOR THE PERIOD 17 MARCH 2023 TO 31 MARCH 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
7 Sandy Court |
Ashleigh Way |
Langage Business Park |
Plymouth |
Devon |
PL7 5JX |
WE ARE EASE GROUP LIMITED (REGISTERED NUMBER: 14736857) |
ABRIDGED BALANCE SHEET |
31 MARCH 2024 |
Notes | £ | £ |
FIXED ASSETS |
Investments | 5 |
CURRENT ASSETS |
Debtors |
CREDITORS |
Amounts falling due within one year |
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year | 6 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
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. |
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 |
WE ARE EASE GROUP LIMITED (REGISTERED NUMBER: 14736857) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 17 MARCH 2023 TO 31 MARCH 2024 |
1. | STATUTORY INFORMATION |
We Are Ease Group Limited is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | STATEMENT OF COMPLIANCE |
3. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The financial statements have been prepared under the historical cost convention. |
Related party exemption |
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. |
Investments in subsidiaries |
Investments in subsidiary undertakings are recognised at cost. |
Taxation |
Current tax is recognised for the amount of income tax payable in respect of the taxable profit for the current or past reporting periods using the tax rates and laws that have been enacted or substantively enacted by the reporting date. |
Debtors |
Short term debtors are measured at transaction price, less any impairment. |
Creditors |
Short term creditors are measured at the transaction price. |
4. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was NIL. |
5. | FIXED ASSET INVESTMENTS |
Information on investments other than loans is as follows: |
Totals |
£ |
COST |
Additions | 5,527,530 |
At 31 March 2024 | 5,527,530 |
NET BOOK VALUE |
At 31 March 2024 | 5,527,530 |
6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS |
£ |
Repayable otherwise than by instalments |
Preference shares |
WE ARE EASE GROUP LIMITED (REGISTERED NUMBER: 14736857) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 17 MARCH 2023 TO 31 MARCH 2024 |
7. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to directors subsisted during the period ended 31 March 2024: |
£ |
Balance outstanding at start of period |
Amounts advanced |
Amounts repaid |
Amounts written off | - |
Amounts waived | - |
Balance outstanding at end of period |
Balance outstanding at start of period |
Amounts advanced |
Amounts repaid |
Amounts written off | - |
Amounts waived | - |
Balance outstanding at end of period |
Interest has been charged on overdrawn amounts at 2.25% in line with HMRC guidance. |