Company Registration No. 02771264 (England and Wales)
SPOKEN WORD LIMITED
Unaudited accounts
for the year ended 31 December 2024
SPOKEN WORD LIMITED
Unaudited accounts
Contents
SPOKEN WORD LIMITED
Company Information
for the year ended 31 December 2024
Company Number
02771264 (England and Wales)
Registered Office
23 The Paddocks
Wendover
BUCKS
HP22 6HE
SPOKEN WORD LIMITED
Statement of financial position
as at 31 December 2024
Tangible assets
432,108
433,808
Cash at bank and in hand
57,149
134,855
Creditors: amounts falling due within one year
(50,171)
(36,827)
Net current assets
298,272
435,002
Net assets
731,380
869,810
Called up share capital
2,000
2,000
Profit and loss account
729,380
867,810
Shareholders' funds
731,380
869,810
For the year ending 31 December 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 her 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 23 April 2025 and were signed on its behalf by
Frances Tipper
Director
Company Registration No. 02771264
SPOKEN WORD LIMITED
Notes to the Accounts
for the year ended 31 December 2024
SPOKEN WORD LIMITED is a private company, limited by shares, registered in England and Wales, registration number 02771264. The registered office is 23 The Paddocks , Wendover, BUCKS, HP22 6HE.
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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.
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:
Fixtures & fittings
33% per annum of cost
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Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 January 2024
431,909
12,230
444,139
At 31 December 2024
431,909
12,230
444,139
At 1 January 2024
-
10,331
10,331
Charge for the year
-
1,700
1,700
At 31 December 2024
-
12,031
12,031
At 31 December 2024
431,909
199
432,108
At 31 December 2023
431,909
1,899
433,808
In 2015 the company purchased a property which it rents outs.
SPOKEN WORD LIMITED
Notes to the Accounts
for the year ended 31 December 2024
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Investments
Other investments
Valuation at 1 January 2024
1,000
Valuation at 31 December 2024
1,000
Amounts falling due within one year
Other debtors
281,274
336,974
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Creditors: amounts falling due within one year
2024
2023
Taxes and social security
140
9,884
Loans from directors
296
24,476
Allotted, called up and fully paid:
2,000 Ordinary shares of £1 each
2,000
2,000
At 31st December 2024 AF Tipper was owed £13,020 (2023 £24,476) by the company. This is an interest-bearing loan repayable on demand. Interest of £1,224 was charged in the year.
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Average number of employees
During the year the average number of employees was 1 (2023: 1).