Registered number
12145116
We Care Bespoke Ltd
Filleted Accounts
31 August 2024
We Care Bespoke Ltd
Registered number: 12145116
Balance Sheet
as at 31 August 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 364,675 54,430
Current assets
Debtors 4 587,308 542,899
Cash at bank and in hand 178,487 342,095
765,795 884,994
Creditors: amounts falling due within one year 5 (335,215) (272,747)
Net current assets 430,580 612,247
Total assets less current liabilities 795,255 666,677
Creditors: amounts falling due after more than one year 6 (126,298) (17,214)
Net assets 668,957 649,463
Capital and reserves
Called up share capital 10 10
Profit and loss account 668,947 649,453
Shareholder's funds 668,957 649,463
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
L Miller
Director
Approved by the board on 23 May 2025
We Care Bespoke Ltd
Notes to the Accounts
for the year ended 31 August 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 25% reducing balance
Fixtures, fittings, tools and equipment 15% reducing balance
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 33 24
3 Tangible fixed assets
Land and buildings Plant and machinery etc Motor vehicles Total
£ £ £ £
Cost
At 1 September 2023 - 19,232 45,395 64,627
Additions 300,037 6,534 20,293 326,864
At 31 August 2024 300,037 25,766 65,688 391,491
Depreciation
At 1 September 2023 - 6,409 3,788 10,197
Charge for the year - 3,283 13,336 16,619
At 31 August 2024 - 9,692 17,124 26,816
Net book value
At 31 August 2024 300,037 16,074 48,564 364,675
At 31 August 2023 - 12,823 41,607 54,430
4 Debtors 2024 2023
£ £
Trade debtors 407,145 351,825
Other debtors 180,163 191,074
587,308 542,899
5 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 35,851 15,786
Trade creditors 8,856 14,912
Taxation and social security costs 116,685 97,935
Other creditors 173,823 144,114
335,215 272,747
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 126,298 17,214
7 Other information
We Care Bespoke Ltd is a private company limited by shares and incorporated in England. Its registered office is:
164a Front Street
Chester Le Street
DH3 3AZ
We Care Bespoke Ltd 12145116 false 2023-09-01 2024-08-31 2024-08-31 VT Final Accounts July 2024 L Miller No description of principal activity 12145116 2022-09-01 2023-08-31 12145116 core:WithinOneYear 2023-08-31 12145116 core:AfterOneYear 2023-08-31 12145116 core:ShareCapital 2023-08-31 12145116 core:RetainedEarningsAccumulatedLosses 2023-08-31 12145116 2023-09-01 2024-08-31 12145116 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 12145116 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 12145116 bus:Director40 2023-09-01 2024-08-31 12145116 1 2023-09-01 2024-08-31 12145116 2 2023-09-01 2024-08-31 12145116 core:LandBuildings 2023-09-01 2024-08-31 12145116 core:PlantMachinery 2023-09-01 2024-08-31 12145116 core:Vehicles 2023-09-01 2024-08-31 12145116 countries:England 2023-09-01 2024-08-31 12145116 bus:FRS102 2023-09-01 2024-08-31 12145116 bus:FilletedAccounts 2023-09-01 2024-08-31 12145116 2024-08-31 12145116 core:WithinOneYear 2024-08-31 12145116 core:AfterOneYear 2024-08-31 12145116 core:ShareCapital 2024-08-31 12145116 core:RetainedEarningsAccumulatedLosses 2024-08-31 12145116 core:LandBuildings 2024-08-31 12145116 core:PlantMachinery 2024-08-31 12145116 core:Vehicles 2024-08-31 12145116 2023-08-31 12145116 core:LandBuildings 2023-08-31 12145116 core:PlantMachinery 2023-08-31 12145116 core:Vehicles 2023-08-31 iso4217:GBP xbrli:pure