Company Registration No. 03873454 (England and Wales)
Webtype Limited
Unaudited accounts
for the year ended 30 November 2024
Webtype Limited
Unaudited accounts
Contents
Webtype Limited
Company Information
for the year ended 30 November 2024
Directors
Mirian Templeton
Robert Ian Templeton
Company Number
03873454 (England and Wales)
Registered Office
Swallows Ridge
Hollies Lane
Wilmslow
Cheshire
SK9 2BW
England
Webtype Limited
Statement of financial position
as at 30 November 2024
Tangible assets
477,890
345,573
Cash at bank and in hand
103,541
101,299
Creditors: amounts falling due within one year
(393,418)
(365,511)
Net current liabilities
(148,408)
(151,911)
Total assets less current liabilities
329,482
193,662
Creditors: amounts falling due after more than one year
(105,543)
(129,520)
Called up share capital
3,000
3,000
Revaluation reserve
155,589
-
Profit and loss account
65,350
61,142
Shareholders' funds
223,939
64,142
For the year ending 30 November 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 directors acknowledge their 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 of Directors and authorised for issue on 15 May 2025 and were signed on its behalf by
Robert Ian Templeton
Director
Company Registration No. 03873454
Webtype Limited
Notes to the Accounts
for the year ended 30 November 2024
Webtype Limited is a private company, limited by shares, registered in England and Wales, registration number 03873454. The registered office is Swallows Ridge, Hollies Lane, Wilmslow, Cheshire, SK9 2BW, England.
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 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:
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Webtype Limited
Notes to the Accounts
for the year ended 30 November 2024
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At valuation
At cost
At 1 December 2023
294,411
67,415
361,826
Revaluations
155,589
-
155,589
Disposals
-
(17,000)
(17,000)
At 30 November 2024
450,000
50,415
500,415
At 1 December 2023
-
16,253
16,253
Charge for the year
-
6,272
6,272
At 30 November 2024
-
22,525
22,525
At 30 November 2024
450,000
27,890
477,890
At 30 November 2023
294,411
51,162
345,573
Carrying amount of land and buildings on cost basis
294,411
-
The property was revalued by the directors during the year.
Amounts falling due within one year
Other debtors
104,618
111,733
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
23,877
23,877
Obligations under finance leases and hire purchase contracts
5,871
5,871
Other creditors
277,387
141,673
Loans from directors
85,541
193,140
Webtype Limited
Notes to the Accounts
for the year ended 30 November 2024
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
13,690
25,488
The long-term loans are made up of a Bounceback loan of £6,052 and a mortgage of £97,980 which is secured on the property.
8
Average number of employees
During the year the average number of employees was 0 (2023: 2).