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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
Page
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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
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Working Practice Limited Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
200,190 
200,285 
Investment property
457,268 
457,268 
657,458 
657,553 
Current assets
Debtors
49 
49 
Cash at bank and in hand
116,953 
124,043 
117,002 
124,092 
Creditors: amounts falling due within one year
(108,389)
(108,561)
Net current assets
8,613 
15,531 
Net assets
666,071 
673,084 
Capital and reserves
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
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Working Practice Limited Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
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.
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.
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 
Depreciation
At 1 May 2023
- 
673 
673 
Charge for the year
- 
95 
95 
At 30 April 2024
- 
768 
768 
Net book value
At 30 April 2024
200,000 
190 
200,190 
At 30 April 2023
200,000 
285 
200,285 
5
Investment property
2024 
£ 
Fair value at 1 May 2023
457,268 
At 30 April 2024
457,268 
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Working Practice Limited Notes to the Accounts for the year ended 30 April 2024
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
49 
49 
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 
Accruals
840 
804 
108,389 
108,561 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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