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Company Registration No. 11144412 (England and Wales)
Workwise ERP Consultants Ltd Filleted accounts for the year ended 31 January 2024
Workwise ERP Consultants Ltd Filleted accounts Contents
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Workwise ERP Consultants Ltd Company Information for the year ended 31 January 2024
Director
Naga Swarna Vanimisetty
Company Number
11144412 (England and Wales)
Registered Office
Hawthorne House 17a Hawthorne Drive Leicester LE5 6DL
Accountants
YP Finance Hawthorne House 17A Hawthorne Drive Leicester Leicestershire LE5 6DL
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Workwise ERP Consultants Ltd Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
126,257 
164,955 
Investments
48,850 
48,850 
Cash at bank and in hand
177,633 
178,095 
352,740 
391,900 
Creditors: amounts falling due within one year
(6,179)
(32,935)
Net current assets
346,561 
358,965 
Net assets
346,561 
358,965 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
346,461 
358,865 
Shareholders' funds
346,561 
358,965 
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 director acknowledges her 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 and authorised for issue on 11 October 2024 and were signed on its behalf by
Naga Swarna Vanimisetty Director Company Registration No. 11144412
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Workwise ERP Consultants Ltd Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
Workwise ERP Consultants Ltd is a private company, limited by shares, registered in England and Wales, registration number 11144412. The registered office is Hawthorne House, 17a Hawthorne Drive, Leicester, LE5 6DL.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
208 
206 
Trade debtors
- 
38,700 
208 
38,906 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
126,049 
126,049 
5
Investments held as current assets
2024 
2023 
£ 
£ 
Unlisted investments
48,850 
48,850 
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Workwise ERP Consultants Ltd Notes to the Accounts for the year ended 31 January 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
5,150 
30,396 
Other creditors
- 
1,531 
Accruals
1,029 
1,008 
6,179 
32,935 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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