2023-08-012024-07-312024-07-31false12782105WE ARE THE CHANGE LTD2025-03-1070229falseiso4217:GBPxbrli:pure127821052023-08-01127821052024-07-31127821052023-08-012024-07-31127821052022-08-01127821052023-07-31127821052022-08-012023-07-3112782105bus:SmallEntities2023-08-012024-07-3112782105bus:AuditExempt-NoAccountantsReport2023-08-012024-07-3112782105bus:FullAccounts2023-08-012024-07-3112782105bus:PrivateLimitedCompanyLtd2023-08-012024-07-3112782105core:WithinOneYear2024-07-3112782105core:AfterOneYear2024-07-3112782105core:WithinOneYear2023-07-3112782105core:AfterOneYear2023-07-3112782105core:ShareCapital2024-07-3112782105core:SharePremium2024-07-3112782105core:RevaluationReserve2024-07-3112782105core:OtherReservesSubtotal2024-07-3112782105core:RetainedEarningsAccumulatedLosses2024-07-3112782105core:ShareCapital2023-07-3112782105core:SharePremium2023-07-3112782105core:RevaluationReserve2023-07-3112782105core:OtherReservesSubtotal2023-07-3112782105core:RetainedEarningsAccumulatedLosses2023-07-3112782105core:LandBuildings2024-07-3112782105core:PlantMachinery2024-07-3112782105core:Vehicles2024-07-3112782105core:FurnitureFittings2024-07-3112782105core:OfficeEquipment2024-07-3112782105core:NetGoodwill2024-07-3112782105core:IntangibleAssetsOtherThanGoodwill2024-07-3112782105core:ListedExchangeTraded2024-07-3112782105core:UnlistedNon-exchangeTraded2024-07-3112782105core:LandBuildings2023-07-3112782105core:PlantMachinery2023-07-3112782105core:Vehicles2023-07-3112782105core:FurnitureFittings2023-07-3112782105core:OfficeEquipment2023-07-3112782105core:NetGoodwill2023-07-3112782105core:IntangibleAssetsOtherThanGoodwill2023-07-3112782105core:ListedExchangeTraded2023-07-3112782105core:UnlistedNon-exchangeTraded2023-07-3112782105core:LandBuildings2023-08-012024-07-3112782105core:PlantMachinery2023-08-012024-07-3112782105core:Vehicles2023-08-012024-07-3112782105core:FurnitureFittings2023-08-012024-07-3112782105core:OfficeEquipment2023-08-012024-07-3112782105core:NetGoodwill2023-08-012024-07-3112782105core:IntangibleAssetsOtherThanGoodwill2023-08-012024-07-3112782105core:ListedExchangeTraded2023-08-012024-07-3112782105core:UnlistedNon-exchangeTraded2023-08-012024-07-3112782105core:MoreThanFiveYears2023-08-012024-07-3112782105core:Non-currentFinancialInstruments2024-07-3112782105core:Non-currentFinancialInstruments2023-07-3112782105dpl:CostSales2023-08-012024-07-3112782105dpl:DistributionCosts2023-08-012024-07-3112782105core:LandBuildings2023-08-012024-07-3112782105core:PlantMachinery2023-08-012024-07-3112782105core:Vehicles2023-08-012024-07-3112782105core:FurnitureFittings2023-08-012024-07-3112782105core:OfficeEquipment2023-08-012024-07-3112782105dpl:AdministrativeExpenses2023-08-012024-07-3112782105core:NetGoodwill2023-08-012024-07-3112782105core:IntangibleAssetsOtherThanGoodwill2023-08-012024-07-3112782105dpl:GroupUndertakings2023-08-012024-07-3112782105dpl:ParticipatingInterests2023-08-012024-07-3112782105dpl:GroupUndertakingscore:ListedExchangeTraded2023-08-012024-07-3112782105core:ListedExchangeTraded2023-08-012024-07-3112782105dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-08-012024-07-3112782105core:UnlistedNon-exchangeTraded2023-08-012024-07-3112782105dpl:CostSales2022-08-012023-07-3112782105dpl:DistributionCosts2022-08-012023-07-3112782105core:LandBuildings2022-08-012023-07-3112782105core:PlantMachinery2022-08-012023-07-3112782105core:Vehicles2022-08-012023-07-3112782105core:FurnitureFittings2022-08-012023-07-3112782105core:OfficeEquipment2022-08-012023-07-3112782105dpl:AdministrativeExpenses2022-08-012023-07-3112782105core:NetGoodwill2022-08-012023-07-3112782105core:IntangibleAssetsOtherThanGoodwill2022-08-012023-07-3112782105dpl:GroupUndertakings2022-08-012023-07-3112782105dpl:ParticipatingInterests2022-08-012023-07-3112782105dpl:GroupUndertakingscore:ListedExchangeTraded2022-08-012023-07-3112782105core:ListedExchangeTraded2022-08-012023-07-3112782105dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-08-012023-07-3112782105core:UnlistedNon-exchangeTraded2022-08-012023-07-3112782105core:NetGoodwill2024-07-3112782105core:IntangibleAssetsOtherThanGoodwill2024-07-3112782105core:LandBuildings2024-07-3112782105core:PlantMachinery2024-07-3112782105core:Vehicles2024-07-3112782105core:FurnitureFittings2024-07-3112782105core:OfficeEquipment2024-07-3112782105core:AfterOneYear2024-07-3112782105core:WithinOneYear2024-07-3112782105core:ListedExchangeTraded2024-07-3112782105core:UnlistedNon-exchangeTraded2024-07-3112782105core:ShareCapital2024-07-3112782105core:SharePremium2024-07-3112782105core:RevaluationReserve2024-07-3112782105core:OtherReservesSubtotal2024-07-3112782105core:RetainedEarningsAccumulatedLosses2024-07-3112782105core:NetGoodwill2023-07-3112782105core:IntangibleAssetsOtherThanGoodwill2023-07-3112782105core:LandBuildings2023-07-3112782105core:PlantMachinery2023-07-3112782105core:Vehicles2023-07-3112782105core:FurnitureFittings2023-07-3112782105core:OfficeEquipment2023-07-3112782105core:AfterOneYear2023-07-3112782105core:WithinOneYear2023-07-3112782105core:ListedExchangeTraded2023-07-3112782105core:UnlistedNon-exchangeTraded2023-07-3112782105core:ShareCapital2023-07-3112782105core:SharePremium2023-07-3112782105core:RevaluationReserve2023-07-3112782105core:OtherReservesSubtotal2023-07-3112782105core:RetainedEarningsAccumulatedLosses2023-07-3112782105core:NetGoodwill2022-08-0112782105core:IntangibleAssetsOtherThanGoodwill2022-08-0112782105core:LandBuildings2022-08-0112782105core:PlantMachinery2022-08-0112782105core:Vehicles2022-08-0112782105core:FurnitureFittings2022-08-0112782105core:OfficeEquipment2022-08-0112782105core:AfterOneYear2022-08-0112782105core:WithinOneYear2022-08-0112782105core:ListedExchangeTraded2022-08-0112782105core:UnlistedNon-exchangeTraded2022-08-0112782105core:ShareCapital2022-08-0112782105core:SharePremium2022-08-0112782105core:RevaluationReserve2022-08-0112782105core:OtherReservesSubtotal2022-08-0112782105core:RetainedEarningsAccumulatedLosses2022-08-0112782105core:AfterOneYear2023-08-012024-07-3112782105core:WithinOneYear2023-08-012024-07-3112782105core:Non-currentFinancialInstrumentscore:CostValuation2023-08-012024-07-3112782105core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-08-012024-07-3112782105core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-08-012024-07-3112782105core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-08-012024-07-3112782105core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-08-012024-07-3112782105core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-08-012024-07-3112782105core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-08-012024-07-3112782105core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-08-012024-07-3112782105core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-08-012024-07-3112782105core:Non-currentFinancialInstrumentscore:CostValuation2024-07-3112782105core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-07-3112782105core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-07-3112782105core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-07-3112782105core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-07-3112782105core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-07-3112782105core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-07-3112782105core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-07-3112782105core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-07-3112782105core:Non-currentFinancialInstrumentscore:CostValuation2023-07-3112782105core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-07-3112782105core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-07-3112782105core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-07-3112782105core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-07-3112782105core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-07-3112782105core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-07-3112782105core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-07-3112782105core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-07-3112782105bus:Director12023-08-012024-07-31127821051bus:Director12023-08-01127821051bus:Director12023-08-012024-07-31127821051bus:Director12024-07-31127821052023-08-01127821052023-08-012024-07-31127821052024-07-31

WE ARE THE CHANGE LTD

Registered Number
12782105
(England and Wales)

Unaudited Financial Statements for the Year ended
31 July 2024

WE ARE THE CHANGE LTD
Company Information
for the year from 1 August 2023 to 31 July 2024

Director

Toby Matthewson

Registered Address

179 Park Lane
Poynton
Stockport
SK12 1RH

Registered Number

12782105 (England and Wales)
WE ARE THE CHANGE LTD
Balance Sheet as at
31 July 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets33251,036
3251,036
Current assets
Debtors75,90069,852
Cash at bank and on hand28,28634,670
104,186104,522
Creditors amounts falling due within one year4(50,873)(46,081)
Net current assets (liabilities)53,31358,441
Total assets less current liabilities53,63859,477
Net assets53,63859,477
Capital and reserves
Called up share capital11
Profit and loss account53,63759,476
Shareholders' funds53,63859,477
The financial statements were approved and authorised for issue by the Director on 10 March 2025, and are signed on its behalf by:
Toby Matthewson
Director
Registered Company No. 12782105
WE ARE THE CHANGE LTD
Notes to the Financial Statements
for the year ended 31 July 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Judgements and key sources of estimation uncertainty
In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Employee benefits
The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Current taxation
Income tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Office Equipment4
2.Average number of employees

20242023
Average number of employees during the year11
3.Tangible fixed assets

Office Equipment

Total

££
Cost or valuation
At 01 August 233,1903,190
At 31 July 243,1903,190
Depreciation and impairment
At 01 August 232,1542,154
Charge for year711711
At 31 July 242,8652,865
Net book value
At 31 July 24325325
At 31 July 231,0361,036
4.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables1452,898
Taxation and social security50,72843,183
Total50,87346,081
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
5.Directors advances, credits and guarantees

Brought forward

Amount advanced

Amount repaid

Carried forward

££££
Toby Matthewson443110,50553,04857,900
443110,50553,04857,900