IRIS Accounts Production v25.1.4.42 10436920 director 1.4.24 31.3.25 31.3.25 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh104369202024-03-31104369202025-03-31104369202024-04-012025-03-31104369202023-03-31104369202023-04-012024-03-31104369202024-03-3110436920ns15:EnglandWales2024-04-012025-03-3110436920ns14:PoundSterling2024-04-012025-03-3110436920ns10:Director12024-04-012025-03-3110436920ns10:PrivateLimitedCompanyLtd2024-04-012025-03-3110436920ns10:SmallEntities2024-04-012025-03-3110436920ns10:AuditExempt-NoAccountantsReport2024-04-012025-03-3110436920ns10:SmallCompaniesRegimeForDirectorsReport2024-04-012025-03-3110436920ns10:SmallCompaniesRegimeForAccounts2024-04-012025-03-3110436920ns10:AbridgedAccounts2024-04-012025-03-311043692012024-04-012025-03-3110436920ns10:RegisteredOffice2024-04-012025-03-3110436920ns5:CurrentFinancialInstruments2025-03-3110436920ns5:CurrentFinancialInstruments2024-03-3110436920ns5:Non-currentFinancialInstruments2025-03-3110436920ns5:Non-currentFinancialInstruments2024-03-3110436920ns5:ShareCapital2025-03-3110436920ns5:ShareCapital2024-03-3110436920ns5:RetainedEarningsAccumulatedLosses2025-03-3110436920ns5:RetainedEarningsAccumulatedLosses2024-03-3110436920ns5:NetGoodwill2024-04-012025-03-3110436920ns5:Secured2025-03-3110436920ns5:Secured2024-03-31
REGISTERED NUMBER: 10436920 (England and Wales)









WE ARE EASE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025






WE ARE EASE LIMITED (REGISTERED NUMBER: 10436920)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


WE ARE EASE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTOR: D P Hollyman





REGISTERED OFFICE: C/O Mark Holt & Co Ltd
7 Sandy Court
Ashleigh Way, Langage Business Park
PLYMOUTH
Devon
PL7 5JX





REGISTERED NUMBER: 10436920 (England and Wales)





ACCOUNTANTS: Mark Holt & Co Limited
Chartered Accountants
7 Sandy Court
Ashleigh Way
Langage Business Park
Plymouth
Devon
PL7 5JX

WE ARE EASE LIMITED (REGISTERED NUMBER: 10436920)

ABRIDGED BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Intangible assets 5 213,333 293,333
Tangible assets 6 208,943 211,681
422,276 505,014

CURRENT ASSETS
Debtors 344,340 745,049
Cash at bank 370,590 296,210
714,930 1,041,259
CREDITORS
Amounts falling due within one year 735,727 479,947
NET CURRENT (LIABILITIES)/ASSETS (20,797 ) 561,312
TOTAL ASSETS LESS CURRENT LIABILITIES 401,479 1,066,326

CREDITORS
Amounts falling due after more than one year (101,962 ) (109,351 )

PROVISIONS FOR LIABILITIES (6,000 ) (6,500 )
NET ASSETS 293,517 950,475

CAPITAL AND RESERVES
Called up share capital 106 106
Retained earnings 293,411 950,369
293,517 950,475

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

WE ARE EASE LIMITED (REGISTERED NUMBER: 10436920)

ABRIDGED BALANCE SHEET - continued
31 MARCH 2025


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 July 2025 and were signed by:





D P Hollyman - Director


WE ARE EASE LIMITED (REGISTERED NUMBER: 10436920)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

We Are Ease Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

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

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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 the rendering of services.

Goodwill
Intellectual Property, being the amount in connection with the acquisition of a business in 2023, is being amortised evenly over its estimated useful life of 5 years.

Tangible fixed assets

Asset CategoryDepreciation policy
Plant & Machinery25%ReducingBalance
Fixtures & Fittings25%ReducingBalance
Computer Equipment25%ReducingBalance

No depreciation is provided on Freehold property as it is the company's policy to maintain the property from which it trades in good condition which prolongs its useful life, and any resulting depreciation would not be material.

Due to this policy the improvements to property maintain residual disposal values in the aggregate at least equal to their book values. Any permanent diminution in value is charged to the profit and loss account as appropriate. Costs of repair and maintenance are charged against revenue in the year in which they are incurred.

Debtors
Short term debtors are measured at transaction price, less any impairment.

Creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Taxation
Current tax is recognised for the amount of income tax payable in respect of the taxable profit for the current or past reporting periods using the tax rates and laws that have been enacted or substantively enacted by the reporting date.

The tax expense (income) is presented either in profit or loss, other comprehensive income or equity depending on the transaction that resulted in the tax expense (income).

WE ARE EASE LIMITED (REGISTERED NUMBER: 10436920)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

3. ACCOUNTING POLICIES - continued

Provisions for liabilities
Provisions are recognised when the Company has a present (legal or constructive) obligation as a result of a past event; it is probable that an outflow of resources will be required to settle the obligation; and the amount of the obligation can be estimated reliably.

The amount recognised as a provision is the best estimate of the consideration required to settle the present recognised as a provision is the best estimate of the consideration required to settle the present obligation at the end of the reporting period, taking into account the risks and uncertainties surrounding the obligation.

Where the effect of the time value of money is material, the amount expected to be required to settle the obligation is recognised at present value using a pre-tax discount rate. The unwinding of the discount is recognised as a finance costs in profit or loss in the period it arises.

The Company recognises a provision for annual leave accrued by employees for services rendered in the current period, and which employees are entitled to carry forward and use within the next 12 months, measured at the salary costs payable for the period of absence.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 28 (2024 - 29 ) .

5. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2024
and 31 March 2025 400,000
AMORTISATION
At 1 April 2024 106,667
Amortisation for year 80,000
At 31 March 2025 186,667
NET BOOK VALUE

At 31 March 2025 213,333
At 31 March 2024 293,333

WE ARE EASE LIMITED (REGISTERED NUMBER: 10436920)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

6. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2024 229,823
Additions 4,991
Disposals (643 )
At 31 March 2025 234,171
DEPRECIATION
At 1 April 2024 18,142
Charge for year 7,554
Eliminated on disposal (468 )
At 31 March 2025 25,228
NET BOOK VALUE
At 31 March 2025 208,943
At 31 March 2024 211,681

7. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Bank loans 182,367 167,485

The bank loan with an outstanding balance of £55,711 (2024: £69,001) at the year end is secured by the freehold property within the accounts with a value of £185,000 at the year end. There is also a personal guarantee on this loan of £131,640 by the directors.