Company Registration No. 08120022 (England and Wales)
Webb's Networks Ltd
Unaudited accounts
for the year ended 30 June 2024
Webb's Networks Ltd
Unaudited accounts
Contents
Webb's Networks Ltd
Company Information
for the year ended 30 June 2024
Director
Daniel William WEBB
Company Number
08120022 (England and Wales)
Registered Office
5 Strand Court
Bath Road
Cheltenham
GL53 7LW
England
Accountants
Accurox Limited
5 Strand Court
Bath Road
Cheltenham
GL53 7LW
Webb's Networks Ltd
Statement of financial position
as at 30 June 2024
Tangible assets
113,536
44,860
Cash at bank and in hand
270,028
223,315
Creditors: amounts falling due within one year
(93,660)
(138,710)
Net current assets
404,412
350,340
Total assets less current liabilities
517,948
395,200
Creditors: amounts falling due after more than one year
(43,620)
-
Provisions for liabilities
Deferred tax
(28,385)
(9,197)
Net assets
445,943
386,003
Called up share capital
2
2
Profit and loss account
445,941
386,001
Shareholders' funds
445,943
386,003
For the year ending 30 June 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 director acknowledges his 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 and authorised for issue on 6 March 2025 and were signed on its behalf by
Daniel William WEBB
Director
Company Registration No. 08120022
Webb's Networks Ltd
Notes to the Accounts
for the year ended 30 June 2024
Webb's Networks Ltd is a private company, limited by shares, registered in England and Wales, registration number 08120022. The registered office is 5 Strand Court, Bath Road, Cheltenham, GL53 7LW, England.
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
20% SL
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 July 2023
6,165
104,099
13,278
4,813
128,355
Additions
-
90,754
2,167
5,513
98,434
Disposals
-
(4,500)
-
-
(4,500)
At 30 June 2024
6,165
190,353
15,445
10,326
222,289
At 1 July 2023
4,192
72,105
5,654
1,544
83,495
Charge for the year
1,233
20,987
2,692
1,396
26,308
On disposals
-
(1,050)
-
-
(1,050)
At 30 June 2024
5,425
92,042
8,346
2,940
108,753
At 30 June 2024
740
98,311
7,099
7,386
113,536
At 30 June 2023
1,973
31,994
7,624
3,269
44,860
Webb's Networks Ltd
Notes to the Accounts
for the year ended 30 June 2024
Amounts falling due within one year
Trade debtors
167,741
209,615
Accrued income and prepayments
60,303
56,120
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
7,929
-
Trade creditors
18,775
78,074
Taxes and social security
36,894
35,441
Loans from directors
84
(15,366)
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
43,620
-
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).