| REGISTERED NUMBER: |
| Financial Statements for the Year Ended 30 April 2025 |
| for |
| Begins With W Limited |
| REGISTERED NUMBER: |
| Financial Statements for the Year Ended 30 April 2025 |
| for |
| Begins With W Limited |
| Begins With W Limited (Registered number: 14031147) |
| Contents of the Financial Statements |
| for the Year Ended 30 April 2025 |
| Page |
| Company Information | 1 |
| Statement of Financial Position | 2 |
| Notes to the Financial Statements | 3 |
| Begins With W Limited |
| Company Information |
| for the Year Ended 30 April 2025 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| The Overhangs |
| 55a Peach Street |
| Wokingham |
| Berkshire |
| RG40 1XP |
| Begins With W Limited (Registered number: 14031147) |
| Statement of Financial Position |
| 30 April 2025 |
| 30.4.25 | 30.4.24 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| Investments | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES | ( |
) | ( |
) |
| PROVISIONS FOR LIABILITIES |
| NET LIABILITIES | ( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| Revaluation reserve | 8 | ( |
) |
| Retained earnings | ( |
) | ( |
) |
| ( |
) | ( |
) |
| 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 were approved by the Board of Directors and authorised for issue on |
| Begins With W Limited (Registered number: 14031147) |
| Notes to the Financial Statements |
| for the Year Ended 30 April 2025 |
| 1. | STATUTORY INFORMATION |
| Begins With W Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Tangible fixed assets |
| Computer equipment - 3 year straight line |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| 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 statement of financial position date. |
| 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. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
| 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. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
| Fixed asset investments |
| Investments are remeasured at the fair value at each balance sheet date. Gains and losses on remeasurements are recognised in the profit and loss account for the period. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was NIL (2024 - NIL). |
| Begins With W Limited (Registered number: 14031147) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 April 2025 |
| 4. | TANGIBLE FIXED ASSETS |
| Computer |
| equipment |
| £ |
| COST |
| At 1 May 2024 |
| Additions |
| At 30 April 2025 |
| DEPRECIATION |
| At 1 May 2024 |
| Charge for year |
| At 30 April 2025 |
| NET BOOK VALUE |
| At 30 April 2025 |
| At 30 April 2024 |
| 5. | FIXED ASSET INVESTMENTS |
| Other |
| investments |
| £ |
| COST OR VALUATION |
| Additions |
| Revaluations | ( |
) |
| At 30 April 2025 |
| NET BOOK VALUE |
| At 30 April 2025 |
| Cost or valuation at 30 April 2025 is represented by: |
| Other |
| investments |
| £ |
| Valuation in 2025 | (53,579 | ) |
| Cost | 952,035 |
| 898,456 |
| If fixed asset investments had not been revalued they would have been included at the following historical cost: |
| 30.4.25 | 30.4.24 |
| £ | £ |
| Cost | 952,035 | - |
| Fixed asset investments were valued on an open market basis on 30 April 2025 by online share markets . |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30.4.25 | 30.4.24 |
| £ | £ |
| Trade debtors |
| Other debtors |
| Begins With W Limited (Registered number: 14031147) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 April 2025 |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30.4.25 | 30.4.24 |
| £ | £ |
| Other creditors |
| 8. | RESERVES |
| Revaluation |
| reserve |
| £ |
| Fair value movements | (40,184 | ) |
| At 30 April 2025 | ( |
) |
| 9. | RELATED PARTY DISCLOSURES |
| During the period the directors maintained a loan account with the company. At the period end the company owed the directors £6,103 (2024: £5,022). This loan is interest free, repayable on demand and shown within other creditors. |
| During the period the shareholders maintained a loan account with the company. At the period end the company owed the shareholders £973,000 (2024: £NIL). This loan is interest free, repayable on demand and shown within other creditors. |