1 August 2024 false Taxfiler 2024.6 10890071business:PrivateLimitedCompanyLtd2024-08-012025-07-31 108900712024-07-31 108900712024-08-012025-07-31 10890071business:AuditExemptWithAccountantsReport2024-08-012025-07-31 10890071business:FilletedAccounts2024-08-012025-07-31 108900712025-07-31 10890071business:Director12024-08-012025-07-31 10890071business:RegisteredOffice2024-08-012025-07-31 108900712024-07-31 10890071core:WithinOneYear2025-07-31 10890071core:WithinOneYear2024-07-31 10890071core:ShareCapitalcore:PreviouslyStatedAmount2025-07-31 10890071core:ShareCapitalcore:PreviouslyStatedAmount2024-07-31 10890071core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-07-31 10890071core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-07-31 10890071core:PreviouslyStatedAmount2025-07-31 10890071core:PreviouslyStatedAmount2024-07-31 10890071business:SmallEntities2024-08-012025-07-31 10890071countries:EnglandWales2024-08-012025-07-31 10890071core:ComputerEquipment2024-08-012025-07-31 10890071core:ComputerEquipment2024-07-31 10890071core:ComputerEquipment2025-07-31 108900712023-08-012024-07-31 iso4217:GBP xbrli:pure
Company Registration No. 10890071 (England and Wales)
Working Smarter Ltd Unaudited accounts for the year ended 31 July 2025
Working Smarter Ltd Unaudited accounts Contents
Page
- 2 -
Working Smarter Ltd Company Information for the year ended 31 July 2025
Director
Debra Yarwood
Company Number
10890071 (England and Wales)
Registered Office
46 Lynwood Road Thames Ditton Surrey KT7 0DJ United Kingdom
Accountants
Townley & Co Limited Warrington Business Centre 67 Bewsey Street Warrington WA2 7JQ
- 3 -
Working Smarter Ltd Statement of financial position as at 31 July 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,492 
606 
Current assets
Debtors
1,737 
4,660 
Cash at bank and in hand
9,538 
4,417 
11,275 
9,077 
Creditors: amounts falling due within one year
(11,473)
(9,097)
Net current liabilities
(198)
(20)
Total assets less current liabilities
1,294 
586 
Provisions for liabilities
Deferred tax
(283)
(115)
Net assets
1,011 
471 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
1,010 
470 
Shareholders' funds
1,011 
471 
For the year ending 31 July 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 11 August 2025 and were signed on its behalf by
Debra Yarwood Director Company Registration No. 10890071
- 4 -
Working Smarter Ltd Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
Working Smarter Ltd is a private company, limited by shares, registered in England and Wales, registration number 10890071. The registered office is 46 Lynwood Road, Thames Ditton, Surrey, KT7 0DJ, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 31 July 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 August 2023. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33% Straight Line Balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
- 5 -
Working Smarter Ltd Notes to the Accounts for the year ended 31 July 2025
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 August 2024
3,886 
Additions
1,621 
At 31 July 2025
5,507 
Depreciation
At 1 August 2024
3,280 
Charge for the year
735 
At 31 July 2025
4,015 
Net book value
At 31 July 2025
1,492 
At 31 July 2024
606 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,737 
4,660 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
2,739 
2,973 
Taxes and social security
- 
887 
Loans from directors
1,038 
58 
Accruals
4,096 
96 
Deferred income
3,600 
5,083 
11,473 
9,097 
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).
- 6 -