2023-07-01 07299118 2024-06-30 07299118 2023-07-01 2024-06-30 07299118 2023-06-30 07299118 2022-07-01 2023-06-30 07299118 uk-core:WithinOneYear 2023-06-30 07299118 uk-core:WithinOneYear 2024-06-30 07299118 uk-core:ShareCapital 2024-06-30 07299118 uk-core:ShareCapital 2023-06-30 07299118 uk-core:RetainedEarningsAccumulatedLosses 2024-06-30 07299118 uk-core:RetainedEarningsAccumulatedLosses 2023-06-30 07299118 uk-bus:Director1 2023-07-01 2024-06-30 07299118 uk-core:ToolsEquipment 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure 07299118 uk-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 07299118 uk-bus:FRS102 2023-07-01 2024-06-30 07299118 uk-bus:FilletedAccounts 2023-07-01 2024-06-30 07299118 uk-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30
We Interact Ltd
Registered Number:07299118
For the year ended 30 June 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 30 June 2024
We Interact Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
07299118
As at 30 June 2024
We Interact Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
487
653
2
487
653
Current assets
Trade and other receivables
2,400
4,793
3
1,134
Cash and cash equivalents
26,388
31,181
3,534
Trade and other payables: amounts falling due within one year
(41,565)
(54,816)
4
(38,031)
(23,635)
Net current liabilities
Total assets less current liabilities
(23,148)
(37,378)
(23,148)
Net liabilities
(37,378)
Capital and reserves
Called up share capital
100
100
Retained earnings
(23,248)
(37,478)
(23,148)
(37,378)
Shareholders' funds
For the year ended 30 June 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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 have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Tatum Diamond Director
These financial statements were approved and authorised for issue by the Board on 11 October 2024 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 30 June 2024
We Interact Ltd
Notes to the Financial Statements
Statutory Information
We Interact Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number 07299118.
Registered address:
6 Old Coach Road,
Playing Place
Truro
TR3 6ER
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard
102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial
statements have been prepared under the historical costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25% Straight line
Computer equipment
2. Property, plant and equipment
Computer
equipment
£
Cost or valuation
At 01 July 2023
5,240
At 30 June 2024
5,240
Provision for depreciation and impairment
At 01 July 2023
4,587
Charge for year
166
At 30 June 2024
4,753
At 30 June 2024
Net book value
487
At 30 June 2023
653
2 of 3
5
For the year ended 30 June 2024
We Interact Ltd
Notes to the Financial Statements Continued
3. Trade and other receivables
2023
2024
£
£
Trade debtors
4,793
2,400
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
1
9,515
Other creditors
54,815
32,050
54,816
41,565
5. Average number of persons employed
During the year the average number of employees was 0
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