Company Registration No. 01842286 (England and Wales)
Working Practice Limited
Unaudited accounts
for the year ended 30 April 2024
Working Practice Limited
Unaudited accounts
Contents
Working Practice Limited
Company Information
for the year ended 30 April 2024
Directors
Mr P A Martin
Mrs J F Martin
Company Number
01842286 (England and Wales)
Registered Office
BROOKE HOUSE
NYEWOOD
PETERSFIELD
HAMPSHIRE
GU31 5JA
Accountants
Hampshire Accountancy Services
College Court
15 Bowen Lane
Petersfield
Hampshire
GU31 4DR
Working Practice Limited
Statement of financial position
as at 30 April 2024
Tangible assets
200,190
200,285
Investment property
457,268
457,268
Cash at bank and in hand
116,953
124,043
Creditors: amounts falling due within one year
(108,389)
(108,561)
Net current assets
8,613
15,531
Net assets
666,071
673,084
Called up share capital
10,000
10,000
Revaluation reserve
304,779
304,779
Profit and loss account
351,292
358,305
Shareholders' funds
666,071
673,084
For the year ending 30 April 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 25 November 2024 and were signed on its behalf by
Mr P A Martin
Director
Company Registration No. 01842286
Working Practice Limited
Notes to the Accounts
for the year ended 30 April 2024
Working Practice Limited is a private company, limited by shares, registered in England and Wales, registration number 01842286. The registered office is BROOKE HOUSE, NYEWOOD, PETERSFIELD, HAMPSHIRE, GU31 5JA.
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.
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
33.33% Reducing Balance
4
Tangible fixed assets
Land & buildings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 May 2023
200,000
958
200,958
At 30 April 2024
200,000
958
200,958
Charge for the year
-
95
95
At 30 April 2024
-
768
768
At 30 April 2024
200,000
190
200,190
At 30 April 2023
200,000
285
200,285
Fair value at 1 May 2023
457,268
Working Practice Limited
Notes to the Accounts
for the year ended 30 April 2024
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
546
546
Other creditors
106,468
106,468
Loans from directors
535
743
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).