Registered number
02220576
Words Out Limited
Filleted Accounts
31 March 2024
Words Out Limited
Registered number: 02220576
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Current assets
Cash at bank and in hand 61,489 58,108
Creditors: amounts falling due within one year 3 (3,077) (1,090)
Net current assets 58,412 57,018
Net assets 58,412 57,018
Capital and reserves
Called up share capital 4 4
Profit and loss account 58,408 57,014
Shareholder's funds 58,412 57,018
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Ian Dunk-Collins
Director
Approved by the board on 4 November 2024
Words Out Limited
Notes to the Accounts
for the year ended 31 March 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
The company was unable to develop any of its ideas as the utility company SSE went through all broadband cables in 2021. The provider Virgin Media eventually installed a single new cable since which the service has been imtermittent. Work on a new cable has yet to be completed.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 300 313
Amounts owed to group undertakings and undertakings in which the company has a participating interest 2,777 777
3,077 1,090
4 Other information
Words Out Limited is a private company limited by shares and incorporated in England. Its registered office is:
9 Silver Park Close
Church Crookham
Fleet
Hampshire
GU52 6BP
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