REGISTERED NUMBER: SC542009 (Scotland)

Unaudited Financial Statements for the Year Ended 31 August 2024

for

Whereverly Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Accountants' Report

6

DIRECTORS:

I McNeill

A Burns

S Heron

REGISTERED OFFICE:

55 Maryhall Street

Kirkcaldy

KY1 1BH

REGISTERED NUMBER:

SC542009 (Scotland)

ACCOUNTANTS:

Goddard Accounting and Tax Solutions

Ben Loyal Lodge

25 Kenilworth Road

Bridge Of Allan

Stirling

FK9 4EH

FIXED ASSETS

Tangible assets

4

-

2,898

CURRENT ASSETS

Debtors

5

53,342

21,738

Prepayments and accrued income

42,071

64,245

Cash at bank

133,259

102,227

228,672

188,210

CREDITORS

Amounts falling due within one year

6

70,834

49,926

NET CURRENT ASSETS

157,838

138,284

TOTAL ASSETS LESS CURRENT LIABILITIES

157,838

141,182

CREDITORS

Amounts falling due after more than one year

7

15,910

27,567

NET ASSETS

141,928

113,615

CAPITAL AND RESERVES

Called up share capital

2,500

2,500

Retained earnings

139,428

111,115

SHAREHOLDERS' FUNDS

141,928

113,615

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 May 2025 and were signed on its behalf by:

I McNeill - Director

1.	STATUTORY INFORMATION

Whereverly Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover represents the sale of services, excluding value added tax.

In respect of contracts for on-going services, turnover represents the value of work carried out in the year.

Where sales invoices have been raised post year end, which relate to work carried out prior to year end, the value is included in accrued income at 31 August 2023.

Tangible fixed assets

All fixed assets are recorded at cost.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Computer equipment - 33.3%

Taxation

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company made employer contributions to the defined contribution occupational pension scheme.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 September 2023

and 31 August 2024

18,006

DEPRECIATION

At 1 September 2023

15,108

Charge for year

2,898

At 31 August 2024

18,006

NET BOOK VALUE

At 31 August 2024

-

At 31 August 2023

2,898

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.24

31.8.23

£

£

Trade debtors

51,840

19,523

Other debtors

1,502

2,215

53,342

21,738

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.24

31.8.23

£

£

Bank loans and overdrafts

13,363

13,363

Tax

17,680

3,036

Social security and other taxes

4,938

10,658

VAT

24,032

20,026

Other creditors

9,936

1,030

Directors' current accounts

885

1,813

70,834

49,926

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.24

31.8.23

£

£

Bank loans - 2-5 years

12,264

22,025

Scottish Edge Loan - 2-5 years

3,646

5,542

15,910

27,567

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Whereverly Limited for the year ended 31 August 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.

This report is made solely to the Board of Directors of Whereverly Limited, as a body, in accordance with the terms of our engagement letter dated 8 April 2019. Our work has been undertaken solely to prepare for your approval the financial statements of Whereverly Limited and state those matters that we have agreed to state to the Board of Directors of Whereverly Limited, as a body, in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Whereverly Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Whereverly Limited. You consider that Whereverly Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Whereverly Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Goddard Accounting and Tax Solutions

Ben Loyal Lodge

25 Kenilworth Road

Bridge Of Allan

Stirling

FK9 4EH

26 May 2025