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Company Registration No. 06284638 (England and Wales)
The Word Hub Limited Unaudited accounts for the year ended 30 June 2024
The Word Hub Limited Unaudited accounts Contents
Page
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The Word Hub Limited Company Information for the year ended 30 June 2024
Director
Mr Darren Verdi-Ashton
Company Number
06284638 (England and Wales)
Registered Office
INNOVATION CENTRE 1 DEVON WAY LONGBRIDGE TECHNOLOGY PARK LONGBRIDGE BIRMINGHAM WEST MIDLANDS B31 2TS United Kingdom
Accountants
Michael Beech Accountancy 24 Meadowfield Road Rubery Birmingham West Midlands B45 9BZ
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The Word Hub Limited Accountants' report
Accountants' report to the director of The Word Hub Limited (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 30 June 2024.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the year ended 30 June 2024. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
Michael Beech Accountancy 24 Meadowfield Road Rubery Birmingham West Midlands B45 9BZ 26 March 2025
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The Word Hub Limited Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,762 
4,532 
Current assets
Debtors
56,115 
22,778 
Cash at bank and in hand
307,551 
330,107 
363,666 
352,885 
Creditors: amounts falling due within one year
(36,344)
(40,772)
Net current assets
327,322 
312,113 
Net assets
330,084 
316,645 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
329,984 
316,545 
Shareholders' funds
330,084 
316,645 
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 26 March 2025 and were signed on its behalf by
Mr Darren Verdi-Ashton Director Company Registration No. 06284638
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The Word Hub Limited Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
The Word Hub Limited is a private company, limited by shares, registered in England and Wales, registration number 06284638. The registered office is INNOVATION CENTRE 1 DEVON WAY, LONGBRIDGE TECHNOLOGY PARK LONGBRIDGE, BIRMINGHAM, WEST MIDLANDS, B31 2TS, 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.
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
25% Reducing Balance
Computer equipment
33% Straight Line
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 July 2023
10,553 
39,715 
50,268 
Additions
- 
391 
391 
At 30 June 2024
10,553 
40,106 
50,659 
Depreciation
At 1 July 2023
9,724 
36,012 
45,736 
Charge for the year
207 
1,954 
2,161 
At 30 June 2024
9,931 
37,966 
47,897 
Net book value
At 30 June 2024
622 
2,140 
2,762 
At 30 June 2023
829 
3,703 
4,532 
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The Word Hub Limited Notes to the Accounts for the year ended 30 June 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
25,478 
12,778 
Other debtors
30,637 
10,000 
56,115 
22,778 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
5,987 
10,676 
Trade creditors
7,918 
27,484 
Taxes and social security
3,887 
1,700 
Proposed dividends
17,685 
- 
Accruals
867 
912 
36,344 
40,772 
7
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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