Company Registration No. NI662939 (Northern Ireland)
The Web Crew Ltd
Unaudited accounts
for the year ended 31 March 2024
The Web Crew Ltd
Unaudited accounts
Contents
The Web Crew Ltd
Company Information
for the year ended 31 March 2024
Directors
Kevin Greene
Patricia Greene
Company Number
NI662939 (Northern Ireland)
Registered Office
48 Dunboyne Park
Eglinton
Derry
BT47 3YJ
Northern Ireland
Accountants
Satori Accounting
11 Orchard Business Park
Pennyburn Industrial Estate
Derry
Northern Ireland
BT48 0LU
The Web Crew Ltd
Statement of financial position
as at 31 March 2024
Tangible assets
1,042
1,419
Cash at bank and in hand
3,460
5,294
Creditors: amounts falling due within one year
(18,840)
(8,986)
Net current assets
9,647
25,971
Total assets less current liabilities
10,689
27,390
Provisions for liabilities
Called up share capital
2
2
Profit and loss account
10,490
27,388
Shareholders' funds
10,492
27,390
For the year ending 31 March 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 10 October 2024 and were signed on its behalf by
Kevin Greene
Director
Company Registration No. NI662939
The Web Crew Ltd
Notes to the Accounts
for the year ended 31 March 2024
The Web Crew Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI662939. The registered office is 48 Dunboyne Park, Eglinton, Derry, BT47 3YJ, Northern Ireland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% straight line
Computer equipment
33% straight line
The Web Crew Ltd
Notes to the Accounts
for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2023
2,585
2,761
5,346
At 31 March 2024
2,585
3,075
5,660
At 1 April 2023
1,168
2,759
3,927
Charge for the year
646
45
691
At 31 March 2024
1,814
2,804
4,618
At 31 March 2024
771
271
1,042
At 31 March 2023
1,417
2
1,419
Amounts falling due within one year
Other debtors
23,947
21,567
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
6,113
5,881
7
Transactions with related parties
Mr K Greene and Mrs P Greene were the directors and shareholders during the year. In the year ending 31 March 2024, the following transactions occurred:
- payments to and personal expenditure on behalf of the directors = £8995
- interest charged by company = £ 877
- dividends declared = £42,000
The amount owed by the directors at the year-end date was £23,947. This is disclosed at other debtors at note 5.
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).