Company Registration No. 04118558 (England and Wales)
Web Control (UK) Limited
Unaudited accounts
for the year ended 31 January 2024
Web Control (UK) Limited
Unaudited accounts
Contents
Web Control (UK) Limited
Company Information
for the year ended 31 January 2024
Directors
Martin Hutchinson
Minesh Shah
James Heselden
Joanne Marshall
Company Number
04118558 (England and Wales)
Registered Office
THE STABLES
CASWELL SCIENCE PARK
TOWCESTER
NN12 8EQ
ENGLAND
Accountants
Tom McDonald Accounting Services
73 Irchester Road
Rushden
Northants
NN10 9XG
Web Control (UK) Limited
Statement of financial position
as at 31 January 2024
Tangible assets
8,910
10,967
Cash at bank and in hand
555,686
428,589
Creditors: amounts falling due within one year
(825,774)
(676,429)
Net current assets
157,197
203,881
Total assets less current liabilities
166,107
214,848
Provisions for liabilities
Deferred tax
(6,622)
(6,509)
Net assets
159,485
208,339
Called up share capital
200
200
Profit and loss account
159,285
208,139
Shareholders' funds
159,485
208,339
For the year ending 31 January 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 29 October 2024 and were signed on its behalf by
James Heselden
Director
Company Registration No. 04118558
Web Control (UK) Limited
Notes to the Accounts
for the year ended 31 January 2024
Web Control (UK) Limited is a private company, limited by shares, registered in England and Wales, registration number 04118558. The registered office is THE STABLES, CASWELL SCIENCE PARK, TOWCESTER, NN12 8EQ, ENGLAND.
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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.
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:
Fixtures & fittings
25% reducing balance
Computer equipment
33 1/3% Straight line
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.
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Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2023
1,557
23,360
24,917
At 31 January 2024
1,557
29,213
30,770
At 1 February 2023
1,478
12,472
13,950
Charge for the year
19
7,891
7,910
At 31 January 2024
1,497
20,363
21,860
At 31 January 2024
60
8,850
8,910
At 31 January 2023
79
10,888
10,967
Web Control (UK) Limited
Notes to the Accounts
for the year ended 31 January 2024
Amounts falling due within one year
Trade debtors
202,419
176,118
Accrued income and prepayments
48,068
50,765
Other debtors
171,873
223,742
Amounts falling due after more than one year
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Creditors: amounts falling due within one year
2024
2023
Taxes and social security
113,868
30,078
Other creditors
19,955
16,808
Deferred income
541,769
495,010
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Transactions with related parties
Web Control Solutions Limited (formerly IIOT Ltd.), is a company with the majority of shareholders the same as Web Control (UK) Ltd. During the year, recharges of costs were made by Web Control Ltd to Web Control Solutions Ltd. to the value of £890,367 (excluding Value Added Tax) (2023- £449,938). Sales of services were made by Web Control Solutions Ltd to Web Control (UK) Ltd in the year valued at £375,163 (excluding VAT) (2023 £184,109). At the balance sheet date, an amount of £168,464 was owed by Web Control Solutions Ltd.to Web Control (UK) Ltd. (2023 £220,343).
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Average number of employees
During the year the average number of employees was 26 (2023: 19).