3 false false false false false false false false false false true false false false false false false No description of principal activity 2024-04-01 Sage Accounts Production Advanced 2024 - FRS102_2024 20,910 2,228 23,138 11,192 1,792 12,984 10,154 9,718 xbrli:pure xbrli:shares iso4217:GBP 07506899 2024-04-01 2025-03-31 07506899 2025-03-31 07506899 2024-03-31 07506899 2023-04-01 2024-03-31 07506899 2024-03-31 07506899 2023-03-31 07506899 bus:Director1 2024-04-01 2025-03-31 07506899 core:WithinOneYear 2025-03-31 07506899 core:WithinOneYear 2024-03-31 07506899 core:UKTax 2024-04-01 2025-03-31 07506899 core:UKTax 2023-04-01 2024-03-31 07506899 core:ShareCapital 2025-03-31 07506899 core:ShareCapital 2024-03-31 07506899 core:CapitalRedemptionReserve 2025-03-31 07506899 core:CapitalRedemptionReserve 2024-03-31 07506899 core:RetainedEarningsAccumulatedLosses 2025-03-31 07506899 core:RetainedEarningsAccumulatedLosses 2024-03-31 07506899 core:AcceleratedTaxDepreciationDeferredTax 2025-03-31 07506899 core:AcceleratedTaxDepreciationDeferredTax 2024-03-31 07506899 bus:SmallEntities 2024-04-01 2025-03-31 07506899 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 07506899 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 07506899 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 07506899 bus:FullAccounts 2024-04-01 2025-03-31 07506899 core:ComputerEquipment 2024-04-01 2025-03-31 07506899 core:ComputerEquipment 2024-03-31 07506899 core:ComputerEquipment 2025-03-31 07506899 bus:Director1 2025-03-31
COMPANY REGISTRATION NUMBER: 07506899
We are Together Limited
Filleted Unaudited Financial Statements
31 March 2025
We are Together Limited
Statement of Financial Position
31 March 2025
2025
2024
Note
£
£
Fixed assets
Tangible assets
6
10,154
9,718
Current assets
Debtors
7
13,952
34,313
Cash at bank and in hand
393,635
498,720
---------
---------
407,587
533,033
Creditors: amounts falling due within one year
8
32,531
58,123
---------
---------
Net current assets
375,056
474,910
---------
---------
Total assets less current liabilities
385,210
484,628
Provisions
Taxation including deferred tax
2,539
2,429
---------
---------
Net assets
382,671
482,199
---------
---------
Capital and reserves
Called up share capital
70
70
Capital redemption reserve
30
30
Profit and loss account
382,571
482,099
---------
---------
Shareholders funds
382,671
482,199
---------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
We are Together Limited
Statement of Financial Position (continued)
31 March 2025
These financial statements were approved by the board of directors and authorised for issue on 4 July 2025 , and are signed on behalf of the board by:
Ms P Peterman
Director
Company registration number: 07506899
We are Together Limited
Notes to the Financial Statements
Year ended 31 March 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is c/o Elliot, Woolfe and Rose, Devonshire House, Stanmore, Middlesex, HA7 1JS, United Kingdom.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Equipment
-
15% reducing balance
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 3 (2024: 3 ).
5. Tax on profit
Major components of tax expense
2025
2024
£
£
Current tax:
UK current tax expense
15,349
42,436
Deferred tax:
Origination and reversal of timing differences
109
--------
--------
Tax on profit
15,458
42,436
--------
--------
6. Tangible assets
Equipment
Total
£
£
Cost
At 1 April 2024
20,910
20,910
Additions
2,228
2,228
--------
--------
At 31 March 2025
23,138
23,138
--------
--------
Depreciation
At 1 April 2024
11,192
11,192
Charge for the year
1,792
1,792
--------
--------
At 31 March 2025
12,984
12,984
--------
--------
Carrying amount
At 31 March 2025
10,154
10,154
--------
--------
At 31 March 2024
9,718
9,718
--------
--------
7. Debtors
2025
2024
£
£
Trade debtors
13,952
34,313
--------
--------
8. Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
1,972
Trade creditors
976
819
Corporation tax
15,349
42,436
Social security and other taxes
8,267
10,190
Other creditors
7,939
2,706
--------
--------
32,531
58,123
--------
--------
9. Deferred tax
The deferred tax included in the statement of financial position is as follows:
2025
2024
£
£
Included in provisions
2,539
2,429
-------
-------
The deferred tax account consists of the tax effect of timing differences in respect of:
2025
2024
£
£
Accelerated capital allowances
2,539
2,429
-------
-------
10. Director's advances, credits and guarantees
At 31 March 2025 the director was owed £ 5,389 by the Company (2024: £156).