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Company Registration No. 08828173 (England and Wales)
We Make Extraordinary Objects Ltd Unaudited accounts for the year ended 31 December 2024
We Make Extraordinary Objects Ltd Unaudited accounts Contents
Page
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We Make Extraordinary Objects Ltd Company Information for the year ended 31 December 2024
Directors
Omid Asghari Thomas Hildell
Company Number
08828173 (England and Wales)
Registered Office
Unit 8 Hastingwood Business Centre, Hastingwood Harlow Essex CM17 9GD United Kingdom
Accountants
Solid Ltd Eagle House 163 City Road London EC1V 1NR
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We Make Extraordinary Objects Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
7,311 
1,296 
Current assets
Debtors
29,328 
14,641 
Cash at bank and in hand
39,112 
30,330 
68,440 
44,971 
Creditors: amounts falling due within one year
(62,906)
(36,252)
Net current assets
5,534 
8,719 
Total assets less current liabilities
12,845 
10,015 
Creditors: amounts falling due after more than one year
(1,898)
(8,143)
Net assets
10,947 
1,872 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
10,945 
1,870 
Shareholders' funds
10,947 
1,872 
For the year ending 31 December 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 5 March 2025 and were signed on its behalf by
Omid Asghari Director Company Registration No. 08828173
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We Make Extraordinary Objects Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
We Make Extraordinary Objects Ltd is a private company, limited by shares, registered in England and Wales, registration number 08828173. The registered office is Unit 8 Hastingwood Business Centre, , Hastingwood, Harlow, Essex, CM17 9GD, United Kingdom.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
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:
Plant & machinery
straight line over 4 years
Fixtures & fittings
straight line over 5 years
Cash and cash equivalents
Cash and cash equivalents are basic financial instruments and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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We Make Extraordinary Objects Ltd Notes to the Accounts for the year ended 31 December 2024
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
8,875 
1,161 
10,036 
Additions
7,743 
- 
7,743 
At 31 December 2024
16,618 
1,161 
17,779 
Depreciation
At 1 January 2024
7,867 
873 
8,740 
Charge for the year
1,584 
144 
1,728 
At 31 December 2024
9,451 
1,017 
10,468 
Net book value
At 31 December 2024
7,167 
144 
7,311 
At 31 December 2023
1,008 
288 
1,296 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
10 
1,597 
Trade debtors
903 
9,660 
Accrued income and prepayments
28,296 
1,170 
Other debtors
119 
2,214 
29,328 
14,641 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
5,730 
5,076 
Trade creditors
8,496 
19,571 
Taxes and social security
15,252 
11,816 
Loans from directors
1,637 
(211)
Deferred income
31,791 
- 
62,906 
36,252 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
1,898 
8,143 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
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We Make Extraordinary Objects Ltd Notes to the Accounts for the year ended 31 December 2024
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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