Company Registration No. 07521029 (England and Wales)
Web Sight Assist Limited
Unaudited accounts
for the year ended 31 July 2024
Web Sight Assist Limited
Unaudited accounts
Contents
Web Sight Assist Limited
Company Information
for the year ended 31 July 2024
Company Number
07521029 (England and Wales)
Registered Office
Suite 105, 9 St George's Court
Altrincham Business Park
Dairyhouse Lane
Altrincham
WA14 5UA
United Kingdom
Accountants
Streamline Accountancy Limited
Suite 105, 9 St Georges Court
Altrincham Business Park
Dairyhouse Lane
Altrincham
Cheshire
WA14 5UA
Web Sight Assist Limited
Statement of financial position
as at 31 July 2024
Cash at bank and in hand
16,983
12,600
Creditors: amounts falling due within one year
(243,302)
(215,302)
Net current liabilities
(208,199)
(196,875)
Total assets less current liabilities
(208,199)
(196,875)
Creditors: amounts falling due after more than one year
(16,609)
(26,455)
Net liabilities
(224,808)
(223,330)
Called up share capital
100
100
Profit and loss account
(224,908)
(223,430)
Shareholders' funds
(224,808)
(223,330)
For the year ending 31 July 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 25 April 2025 and were signed on its behalf by
P D Wrenshall
Director
Company Registration No. 07521029
Web Sight Assist Limited
Notes to the Accounts
for the year ended 31 July 2024
Web Sight Assist Limited is a private company, limited by shares, registered in England and Wales, registration number 07521029. The registered office is Suite 105, 9 St George's Court, Altrincham Business Park, Dairyhouse Lane, Altrincham, WA14 5UA, 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.
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 have been prepared on a going concern basis. The assumption may not be valid as at the balance sheet date the company has net liabilities of £224,808 (2023:£223,330). The validity of the going concern assumption therefore depends on the continued support of the directors, suppliers and the companies bankers and other providers of finance.
The accounts are presented in £ sterling.
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:
Computer equipment
25% Straight Line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Expenditure on research and development is written off in the year in which it is incurred.
Web Sight Assist Limited
Notes to the Accounts
for the year ended 31 July 2024
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Other debtors
18,120
5,827
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,000
10,000
Other creditors
213,100
203,100
Loans from directors
2,202
2,202
7
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
75 Ordinary A shares of £1 each
75
75
25 Ordinary B shares of £1 each
25
25
9
Transactions with related parties
The company has taken advantage of exemptions specified in FRS 102 and not disclosed the detail and nature of the following transactions ; non material transactions, transactions concluded under normal market conditions and transaction with companies under common control including Group companies.
10
Average number of employees
During the year the average number of employees was 1 (2023: 1).