Corporate Wellbeing Solutions Ltd 14231402 false 2023-08-01 2024-07-31 2024-07-31 The principal activity of the company is other business support service activities not elsewhere classified. Digita Accounts Production Advanced 6.30.9574.0 true 14231402 2023-08-01 2024-07-31 14231402 2024-07-31 14231402 core:RetainedEarningsAccumulatedLosses 2024-07-31 14231402 core:ShareCapital 2024-07-31 14231402 core:CurrentFinancialInstruments 2024-07-31 14231402 core:CurrentFinancialInstruments core:WithinOneYear 2024-07-31 14231402 core:Non-currentFinancialInstruments core:AfterOneYear 2024-07-31 14231402 core:FurnitureFittingsToolsEquipment 2024-07-31 14231402 bus:SmallEntities 2023-08-01 2024-07-31 14231402 bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 14231402 bus:FullAccounts 2023-08-01 2024-07-31 14231402 bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 14231402 bus:RegisteredOffice 2023-08-01 2024-07-31 14231402 bus:Director1 2023-08-01 2024-07-31 14231402 bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 14231402 core:FurnitureFittingsToolsEquipment 2023-08-01 2024-07-31 14231402 core:OfficeEquipment 2023-08-01 2024-07-31 14231402 countries:EnglandWales 2023-08-01 2024-07-31 14231402 2023-07-31 14231402 core:FurnitureFittingsToolsEquipment 2023-07-31 14231402 2022-07-13 2023-07-31 14231402 2023-07-31 14231402 core:RetainedEarningsAccumulatedLosses 2023-07-31 14231402 core:ShareCapital 2023-07-31 14231402 core:CurrentFinancialInstruments 2023-07-31 14231402 core:CurrentFinancialInstruments core:WithinOneYear 2023-07-31 14231402 core:Non-currentFinancialInstruments core:AfterOneYear 2023-07-31 14231402 core:FurnitureFittingsToolsEquipment 2023-07-31 iso4217:GBP xbrli:pure

Registration number: 14231402

Corporate Wellbeing Solutions Ltd

Unaudited Financial Statements

for the Year Ended 31 July 2024

 

Corporate Wellbeing Solutions Ltd

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 6

 

Corporate Wellbeing Solutions Ltd

(Registration number: 14231402)
Balance Sheet as at 31 July 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

803

487

Current assets

 

Debtors

5

2,224

1,124

Cash at bank and in hand

 

7,176

2,723

 

9,400

3,847

Creditors: Amounts falling due within one year

6

(9,037)

(1,449)

Net current assets

 

363

2,398

Total assets less current liabilities

 

1,166

2,885

Creditors: Amounts falling due after more than one year

6

(166)

-

Net assets

 

1,000

2,885

Capital and reserves

 

Called up share capital

1,000

1,000

Retained earnings

-

1,885

Shareholders' funds

 

1,000

2,885

For the financial year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 4 October 2024 and signed on its behalf by:
 

 

Corporate Wellbeing Solutions Ltd

(Registration number: 14231402)
Balance Sheet as at 31 July 2024

.........................................
Mr David Johnson
Director

 

Corporate Wellbeing Solutions Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
12 Wild Flower Close
Stapeley
Nantwich
Cheshire
CW5 7SX
UK

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

Corporate Wellbeing Solutions Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2024

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office Equipment

3 year straight line

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2023 - 3).

 

Corporate Wellbeing Solutions Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2024

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 August 2023

649

649

Additions

799

799

At 31 July 2024

1,448

1,448

Depreciation

At 1 August 2023

162

162

Charge for the year

483

483

At 31 July 2024

645

645

Carrying amount

At 31 July 2024

803

803

At 31 July 2023

487

487

5

Debtors

Current

2024
£

2023
£

Trade debtors

857

125

Prepayments

368

-

Other debtors

999

999

 

2,224

1,124

 

Corporate Wellbeing Solutions Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2024

6

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

4,583

595

Taxation and social security

 

1,440

328

Accruals and deferred income

 

790

525

Other creditors

 

2,224

1

 

9,037

1,449

2024
£

2023
£

Current loans and borrowings

HP and finance lease liabilities

670

595

Other borrowings

3,913

-

4,583

595

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

166

-