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REGISTERED NUMBER: 09322772 (England and Wales)












Unaudited Financial Statements

for the Year Ended 30 April 2024

for

The Works Digital (North East) Limited

The Works Digital (North East) Limited (Registered number: 09322772)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


The Works Digital (North East) Limited

Company Information
for the Year Ended 30 April 2024







DIRECTOR: Mr T S Mather





REGISTERED OFFICE: Ashington Workspace
Lintonville Parkway
Ashington
Northumberland
NE63 9JZ





REGISTERED NUMBER: 09322772 (England and Wales)





ACCOUNTANTS: S&W Partners (Newcastle) Limited
17 Queens Lane
Newcastle upon Tyne
Tyne and Wear
NE1 1RN

The Works Digital (North East) Limited (Registered number: 09322772)

Balance Sheet
30 April 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 5 76,771 36,709

CURRENT ASSETS
Debtors 6 98,801 73,492
Cash at bank 38,788 60,354
137,589 133,846
CREDITORS
Amounts falling due within one year 7 (42,440 ) (42,709 )
NET CURRENT ASSETS 95,149 91,137
TOTAL ASSETS LESS CURRENT
LIABILITIES

171,920

127,846

CREDITORS
Amounts falling due after more than one
year

8

(15,787

)

(26,991

)
NET ASSETS 156,133 100,855

CAPITAL AND RESERVES
Called up share capital 100 100
Profit and loss account 156,033 100,755
SHAREHOLDERS' FUNDS 156,133 100,855

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 April 2025 and were signed by:





Mr T S Mather - Director


The Works Digital (North East) Limited (Registered number: 09322772)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

The Works Digital (North East) 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

The Works Digital (North East) Limited (Registered number: 09322772)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 May 2023 6,908 - 37,832 3,983 48,723
Additions 3,128 1,279 41,916 5,025 51,348
At 30 April 2024 10,036 1,279 79,748 9,008 100,071
DEPRECIATION
At 1 May 2023 2,547 - 8,484 983 12,014
Charge for year 1,233 179 8,678 1,196 11,286
At 30 April 2024 3,780 179 17,162 2,179 23,300
NET BOOK VALUE
At 30 April 2024 6,256 1,100 62,586 6,829 76,771
At 30 April 2023 4,361 - 29,348 3,000 36,709

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 91,931 60,390
Other debtors 6,870 6,870
VAT - 6,232
98,801 73,492

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 6,184 6,184
Trade creditors 3,003 3,528
Tax 13,938 12,973
Social security and other taxes 7,477 5,631
VAT 4,879 -
Directors' current accounts 6,959 14,393
42,440 42,709

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 1-2 years 15,787 26,991

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year - 7,440