Silverfin false false 30/06/2024 01/07/2023 30/06/2024 Mr M C M Hume 12/09/1995 Mr C C Stephen 03/04/2006 21 November 2024 The principle activity of the company is that of publishing. 03101199 2024-06-30 03101199 bus:Director1 2024-06-30 03101199 bus:Director2 2024-06-30 03101199 core:CurrentFinancialInstruments 2024-06-30 03101199 core:CurrentFinancialInstruments 2023-06-30 03101199 2023-06-30 03101199 core:ShareCapital 2024-06-30 03101199 core:ShareCapital 2023-06-30 03101199 core:RetainedEarningsAccumulatedLosses 2024-06-30 03101199 core:RetainedEarningsAccumulatedLosses 2023-06-30 03101199 bus:OrdinaryShareClass1 2024-06-30 03101199 2023-07-01 2024-06-30 03101199 bus:FilletedAccounts 2023-07-01 2024-06-30 03101199 bus:SmallEntities 2023-07-01 2024-06-30 03101199 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 03101199 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 03101199 bus:Director1 2023-07-01 2024-06-30 03101199 bus:Director2 2023-07-01 2024-06-30 03101199 2022-07-01 2023-06-30 03101199 bus:OrdinaryShareClass1 2023-07-01 2024-06-30 03101199 bus:OrdinaryShareClass1 2022-07-01 2023-06-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: 03101199 (England and Wales)

READHOWYOUWANT.COM LIMITED

Unaudited Financial Statements
For the financial year ended 30 June 2024
Pages for filing with the registrar

READHOWYOUWANT.COM LIMITED

Unaudited Financial Statements

For the financial year ended 30 June 2024

Contents

READHOWYOUWANT.COM LIMITED

BALANCE SHEET

As at 30 June 2024
READHOWYOUWANT.COM LIMITED

BALANCE SHEET (continued)

As at 30 June 2024
Note 2024 2023
£ £
Current assets
Debtors 3 13,751 15,072
Cash at bank and in hand 4 6,539 5,984
20,290 21,056
Creditors: amounts falling due within one year 5 ( 175,365) ( 146,215)
Net current liabilities (155,075) (125,159)
Total assets less current liabilities (155,075) (125,159)
Net liabilities ( 155,075) ( 125,159)
Capital and reserves
Called-up share capital 6 2 2
Profit and loss account ( 155,077 ) ( 125,161 )
Total shareholder's deficit ( 155,075) ( 125,159)

For the financial year ending 30 June 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of ReadHowYouWant.com Limited (registered number: 03101199) were approved and authorised for issue by the Board of Directors on 21 November 2024. They were signed on its behalf by:

Mr M C M Hume
Director
READHOWYOUWANT.COM LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 June 2024
READHOWYOUWANT.COM LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 June 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
Marbles
7 High Street
Newick
East Sussex
BN8 4LG

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis, which assumes that the company will continue in operational existence for the foreseeable future. This depends on the continued financial support of the other group companies.

Foreign currency

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re- measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Turnover

The company sells their goods via a third party distribution platform, acting as principal. The revenue recognised is net of the principal's costs.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Financial instruments

Classification
The company holds the following financial instruments:

• Short term trade and other debtors and creditors;
• Cash and bank balances.

All financial instruments are classified as basic.

**Recognition and measurement**

The company has chosen to apply the recognition and measurement principles in FRS102.

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when
the company’s obligations are discharged, expire or are cancelled.

Such instruments are initially measured at transaction price, including transaction costs, and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 2 2

3. Debtors

2024 2023
£ £
Trade debtors 13,751 15,072

4. Cash and cash equivalents

2024 2023
£ £
Cash at bank and in hand 6,539 5,984

5. Creditors: amounts falling due within one year

2024 2023
£ £
Trade creditors 4,745 6,373
Amounts owed to Group undertakings 168,516 138,002
Other creditors 2,104 1,840
175,365 146,215

6. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
2 ordinary shares of £ 1.00 each 2 2