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REGISTERED NUMBER: 09917563 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

WATER COOLER TALK LTD

WATER COOLER TALK LTD (REGISTERED NUMBER: 09917563)






Contents of the Financial Statements
for the year ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


WATER COOLER TALK LTD

Company Information
for the year ended 31 December 2024







DIRECTOR: T North





REGISTERED OFFICE: Preston Park House
South Road
Brighton
East Sussex
BN1 6SB





REGISTERED NUMBER: 09917563 (England and Wales)





ACCOUNTANTS: Plus Accounting
Chartered Accountants
Preston Park House
South Road
Brighton
East Sussex
BN1 6SB

WATER COOLER TALK LTD (REGISTERED NUMBER: 09917563)

Balance Sheet
31 December 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 196 280

CURRENT ASSETS
Debtors 5 8,065 5,653
Cash at bank 75,021 107,547
83,086 113,200
CREDITORS
Amounts falling due within one year 6 (4,811 ) (3,271 )
NET CURRENT ASSETS 78,275 109,929
TOTAL ASSETS LESS CURRENT
LIABILITIES

78,471

110,209

PROVISIONS FOR LIABILITIES 7 - (53 )
NET ASSETS 78,471 110,156

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 78,470 110,155
SHAREHOLDERS' FUNDS 78,471 110,156

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 February 2025 and were signed by:



T North - Director


WATER COOLER TALK LTD (REGISTERED NUMBER: 09917563)

Notes to the Financial Statements
for the year ended 31 December 2024

1. STATUTORY INFORMATION

Water Cooler Talk Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Office equipment - 25% reducing balance
Computer equipment - 33% on cost

Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Impairment
At each balance sheet date, the company reviews the carrying amount of its assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of an asset, the Company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Going concern
The director intends to close the company so the accounts have been prepared on a basis other than that of a going concern.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

WATER COOLER TALK LTD (REGISTERED NUMBER: 09917563)

Notes to the Financial Statements - continued
for the year ended 31 December 2024

4. TANGIBLE FIXED ASSETS
Office Computer
equipment equipment Totals
£    £    £   
COST
At 1 January 2024
and 31 December 2024 1,083 8,990 10,073
DEPRECIATION
At 1 January 2024 822 8,971 9,793
Charge for year 65 19 84
At 31 December 2024 887 8,990 9,877
NET BOOK VALUE
At 31 December 2024 196 - 196
At 31 December 2023 261 19 280

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 8,065 5,653

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 46
Taxation and social security - 1,474
Other creditors 4,811 1,751
4,811 3,271

7. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax - 53

Deferred
tax
£   
Balance at 1 January 2024 53
Movement in year
Balance at 31 December 2024 53

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary £1 1 1

WATER COOLER TALK LTD (REGISTERED NUMBER: 09917563)

Notes to the Financial Statements - continued
for the year ended 31 December 2024

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

2024 2023
£    £   
T North
Balance outstanding at start of year 25 10,384
Amounts advanced - 525
Amounts repaid (25 ) (10,884 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 25

Directors loan is interest free and repayable on demand.