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REGISTERED NUMBER: 05303127 (England and Wales)












W1 OFFICE LIMITED

FINANCIAL STATEMENTS

FOR THE PERIOD

29 DECEMBER 2022 TO 19 DECEMBER 2023






W1 OFFICE LIMITED (REGISTERED NUMBER: 05303127)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 29 DECEMBER 2022 TO 19 DECEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


W1 OFFICE LIMITED

COMPANY INFORMATION
FOR THE PERIOD 29 DECEMBER 2022 TO 19 DECEMBER 2023







DIRECTOR: S Benveniste





REGISTERED OFFICE: 11-12 Old Bond Street
Mayfair
London
W1S 4PN





REGISTERED NUMBER: 05303127 (England and Wales)





ACCOUNTANTS: Christiansons Ltd
Chartered Certified Accountants
Sterling House
Fulbourne Road
Walthamstow
London
E17 4EE

W1 OFFICE LIMITED (REGISTERED NUMBER: 05303127)

BALANCE SHEET
19 DECEMBER 2023

19.12.23 28.12.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 3,930 3,930
Tangible assets 5 16,820 18,275
20,750 22,205

CURRENT ASSETS
Debtors 6 55,116 64,361
Investments 7 7,993 7,993
Cash at bank and in hand 10,772 7,946
73,881 80,300
CREDITORS
Amounts falling due within one year 8 75,757 68,167
NET CURRENT (LIABILITIES)/ASSETS (1,876 ) 12,133
TOTAL ASSETS LESS CURRENT
LIABILITIES

18,874

34,338

CREDITORS
Amounts falling due after more than one
year

9

35,972

37,202
NET LIABILITIES (17,098 ) (2,864 )

CAPITAL AND RESERVES
Called up share capital 10 160 160
Capital redemption reserve 11 40 40
Retained earnings 11 (17,298 ) (3,064 )
SHAREHOLDERS' FUNDS (17,098 ) (2,864 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 19 December 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 19 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

W1 OFFICE LIMITED (REGISTERED NUMBER: 05303127)

BALANCE SHEET - continued
19 DECEMBER 2023


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 19 March 2025 and were signed by:





S Benveniste - Director


W1 OFFICE LIMITED (REGISTERED NUMBER: 05303127)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 29 DECEMBER 2022 TO 19 DECEMBER 2023


1. STATUTORY INFORMATION

W1 Office Limited 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.

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 represents net invoiced sales of services, excluding value added tax.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and trademarks are being amortised evenly over their estimated useful life of nil years.

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

Furniture and equipment - 20% reducing balance

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2022 - 2 ) .

W1 OFFICE LIMITED (REGISTERED NUMBER: 05303127)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 29 DECEMBER 2022 TO 19 DECEMBER 2023


4. INTANGIBLE FIXED ASSETS
Patents
and
trademarks
£   
COST
At 29 December 2022
and 19 December 2023 3,930
NET BOOK VALUE
At 19 December 2023 3,930
At 28 December 2022 3,930

5. TANGIBLE FIXED ASSETS
Furniture
Short and
leasehold equipment Totals
£    £    £   
COST
At 29 December 2022 7,887 88,582 96,469
Additions - 1,522 1,522
At 19 December 2023 7,887 90,104 97,991
DEPRECIATION
At 29 December 2022 - 78,194 78,194
Charge for period - 2,977 2,977
At 19 December 2023 - 81,171 81,171
NET BOOK VALUE
At 19 December 2023 7,887 8,933 16,820
At 28 December 2022 7,887 10,388 18,275

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
19.12.23 28.12.22
£    £   
Other debtors 20,815 18,713
Directors' current accounts - 14,626
Tax 23,871 23,871
Prepayments and accrued income 10,430 7,151
55,116 64,361

7. CURRENT ASSET INVESTMENTS
19.12.23 28.12.22
£    £   
Trade investments 7,993 7,993

W1 OFFICE LIMITED (REGISTERED NUMBER: 05303127)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 29 DECEMBER 2022 TO 19 DECEMBER 2023


8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
19.12.23 28.12.22
£    £   
Bank loans and overdrafts 14,273 14,806
Trade creditors 15,546 18,655
Corporation tax - 1,453
Other creditors including
taxation and social security 10,159 26,283
Directors' current accounts 23,855 -
Accrued expenses 11,924 6,970
75,757 68,167

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
19.12.23 28.12.22
£    £   
Bank loans - 1-2 years 10,226 12,101
Bank loans - 2-5 years 25,746 25,101
35,972 37,202

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 19.12.23 28.12.22
value: £    £   
160 Ordinary £1 160 160

11. RESERVES
Capital
Retained redemption
earnings reserve Totals
£    £    £   

At 29 December 2022 (3,064 ) 40 (3,024 )
Deficit for the period (14,234 ) (14,234 )
At 19 December 2023 (17,298 ) 40 (17,258 )

12. ULTIMATE CONTROLLING PARTY

The controlling party is S Benveniste.