2024-03-01 08899760 2025-02-28 08899760 2024-03-01 2025-02-28 08899760 2024-02-29 08899760 2023-03-01 2024-02-29 08899760 uk-core:WithinOneYear 2024-02-29 08899760 uk-core:WithinOneYear 2025-02-28 08899760 uk-core:ShareCapital 2025-02-28 08899760 uk-core:ShareCapital 2024-02-29 08899760 uk-core:RetainedEarningsAccumulatedLosses 2025-02-28 08899760 uk-core:RetainedEarningsAccumulatedLosses 2024-02-29 08899760 uk-bus:Director1 2024-03-01 2025-02-28 08899760 uk-core:ComputerEquipment 2024-03-01 2025-02-28 08899760 uk-core:FurnitureFittings 2024-03-01 2025-02-28 08899760 uk-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-02-29 08899760 uk-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-02-28 08899760 uk-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-03-01 2025-02-28 08899760 uk-core:ComputerEquipment 2024-02-29 08899760 uk-core:FurnitureFittings 2024-02-29 08899760 uk-core:FurnitureFittings 2025-02-28 08899760 uk-core:ComputerEquipment 2025-02-28 08899760 uk-core:CostValuation 2024-02-29 08899760 uk-core:CostValuation uk-core:Non-currentFinancialInstruments 2024-02-29 08899760 uk-core:DisposalsRepaymentsInvestments 2025-02-28 08899760 uk-core:DisposalsRepaymentsInvestments uk-core:Non-currentFinancialInstruments 2025-02-28 08899760 uk-core:RevaluationsIncreaseDecreaseInInvestments 2025-02-28 08899760 uk-core:RevaluationsIncreaseDecreaseInInvestments uk-core:Non-currentFinancialInstruments 2025-02-28 08899760 uk-core:CostValuation uk-core:Non-currentFinancialInstruments 2025-02-28 08899760 uk-core:CostValuation 2025-02-28 08899760 uk-core:Non-currentFinancialInstruments 2025-02-28 08899760 uk-core:Non-currentFinancialInstruments 2024-02-29 08899760 uk-core:AfterOneYear 2025-02-28 08899760 uk-core:AfterOneYear 2024-02-29 iso4217:GBP xbrli:pure 08899760 uk-bus:AuditExemptWithAccountantsReport 2024-03-01 2025-02-28 08899760 uk-bus:FRS102 2024-03-01 2025-02-28 08899760 uk-bus:FilletedAccounts 2024-03-01 2025-02-28 08899760 uk-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28
Web3 Consulting Ltd
Registered Number:08899760
For the year ended 28 February 2025
England and Wales
Unaudited Financial Statements
2
For the year ended 28 February 2025
Web3 Consulting Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
08899760
As at 28 February 2025
Web3 Consulting Ltd
Statement of Financial Position
£
£
2024
2025
Notes
Fixed assets
Intangible assets
-
7,998
2
Property, plant and equipment
-
7,199
3
Financial assets
31,649
1,503
4
1,503
46,846
Current assets
Trade and other receivables
76,824
12,629
5
29,536
Cash and cash equivalents
3,051
15,680
106,360
Trade and other payables: amounts falling due within one
year
(29,367)
(8,974)
6
76,993
6,706
Net current assets
Total assets less current liabilities
8,209
123,839
-
(1,539)
Provisions for liabilities
8,209
Net assets
122,300
Capital and reserves
Called up share capital
20
20
Retained earnings
8,189
122,280
8,209
122,300
Shareholders' funds
For the year ended 28 February 2025 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 of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Radoslaw Kotlarek Director
These financial statements were approved and authorised for issue by the Board on 19 May 2025 and were signed by:
The notes form part of these financial statements
1 of 4
4
For the year ended 28 February 2025
Web3 Consulting Ltd
Notes to the Financial Statements
Statutory Information
Web3 Consulting Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 08899760.
Principal place of business:
Waverley
Bryn Mawr Road
Holywell
CH8 7AP
Registered address:
71-75 Shelton Street
London
WC2H 9JQ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25% Straight line
Computer Equipment
25% Straight line
Furniture and Fittings
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
2 of 4
5
For the year ended 28 February 2025
Web3 Consulting Ltd
Notes to the Financial Statements Continued
2. Intangible fixed assets
Research &
Development
Cost or valuation
£
At 01 March 2024
7,998
At 28 February 2025
7,998
Amortisation
7,998
Charge for year
At 28 February 2025
7,998
Net book value
At 28 February 2025
-
3. Property, plant and equipment
Total
Computer
Equipment
Furniture and
Fittings
£
£
£
Cost or
valuation
At 01 March 2024
37,152
35,845
1,307
(35,845)
(1,307)
Disposals
(37,152)
At 28 February 2025
-
-
-
Provision for depreciation and impairment
At 01 March 2024
29,953
29,209
744
Charge for year
1,113
850
263
(31,066)
(30,059)
(1,007)
On disposal
At 28 February 2025
-
-
-
At 28 February 2025
Net book value
-
-
-
At 29 February 2024
563
6,636
7,199
3 of 4
6
For the year ended 28 February 2025
Web3 Consulting Ltd
Notes to the Financial Statements Continued
4. Investments held as fixed assets
Other investments
Total
At 01 March 2024
31,649
31,649
Cost
£
£
Disposals/Repayments
(17,075)
(17,075)
(13,071)
(13,071)
Revaluations
At 28 February 2025
1,503
1,503
At 28 February 2025
Net book value
1,503
1,503
At 01 March 2024
31,649
31,649
5. Trade and other receivables
2024
2025
£
£
Trade debtors
5,448
13,056
Amounts owed by group undertakings and participating interests
-
49,591
Amounts owed by directors
7,181
14,177
76,824
12,629
The debtors above include the following amounts falling due after more than one year:
Amounts owed by group undertakings and participating interests
-
49,591
6. Trade and other payables: amounts falling due within one year
2024
2025
£
£
Trade creditors
-
45
Taxation and social security
8,974
17,522
Accruals and deferred income
-
11,800
8,974
29,367
7. Average number of persons employed
During the year the average number of employees was 4 (2024 : 4)
4 of 4