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Company Registration No. 08630604 (England and Wales)
WE3 COLLECTIVE LIMITED Unaudited accounts for the year ended 28 December 2024
WE3 COLLECTIVE LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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WE3 COLLECTIVE LIMITED Company Information for the year ended 28 December 2024
Director
P Gale
Company Number
08630604 (England and Wales)
Registered Office
WINDMILL STUDIOS 54 KIMPTON AVENUE BRENTWOOD ESSEX CM15 9HA ENGLAND
Accountants
AW Accountancy & Bookkeeping Kingfisher House 21-23 Elmfield Road Bromley BR1 1LT
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WE3 COLLECTIVE LIMITED Statement of financial position as at 28 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
822 
1,302 
Current assets
Debtors
5
17,338 
42,970 
Cash at bank and in hand
37,505 
25,069 
54,843 
68,039 
Creditors: amounts falling due within one year
6
(20,474)
(15,483)
Net current assets
34,369 
52,556 
Total assets less current liabilities
35,191 
53,858 
Creditors: amounts falling due after more than one year
7
(7,081)
(12,153)
Net assets
28,110 
41,705 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
28,010 
41,605 
Shareholders' funds
28,110 
41,705 
For the year ending 28 December 2024 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 his 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 18 September 2025 and were signed on its behalf by
P Gale Director Company Registration No. 08630604
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WE3 COLLECTIVE LIMITED Notes to the Accounts for the year ended 28 December 2024
1
Statutory information
WE3 COLLECTIVE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08630604. The registered office is WINDMILL STUDIOS, 54 KIMPTON AVENUE, BRENTWOOD, ESSEX, CM15 9HA, ENGLAND.
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
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
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:
Plant & machinery
25% reducing balance
Computer equipment
33% reducing balance
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 29 December 2023
2,628 
1,510 
4,138 
At 28 December 2024
2,628 
1,510 
4,138 
Depreciation
At 29 December 2023
2,004 
832 
2,836 
Charge for the year
256 
224 
480 
At 28 December 2024
2,260 
1,056 
3,316 
Net book value
At 28 December 2024
368 
454 
822 
At 28 December 2023
624 
678 
1,302 
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WE3 COLLECTIVE LIMITED Notes to the Accounts for the year ended 28 December 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
6,996 
26,628 
Other debtors
10,342 
16,342 
17,338 
42,970 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
20,474 
15,483 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
7,081 
12,153 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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