The Wentworth Collective Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 09910321 (England and Wales)

Financial Statements

for the Year Ended 31 December 2024

for

THE WENTWORTH COLLECTIVE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mrs L M James

REGISTERED OFFICE:

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

REGISTERED NUMBER:

09910321 (England and Wales)

ACCOUNTANTS:

Jeff Lermer & Associates

Chartered Accountants

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

FIXED ASSETS

Tangible assets

4

1,485

1,144

CURRENT ASSETS

Debtors

5

143,340

195,667

Cash at bank and in hand

288,002

218,723

431,342

414,390

CREDITORS

Amounts falling due within one year

6

177,016

229,966

NET CURRENT ASSETS

254,326

184,424

TOTAL ASSETS LESS CURRENT
LIABILITIES

255,811

185,568

CREDITORS

Amounts falling due after more than one year

7

(833

)

(2,833

)

PROVISIONS FOR LIABILITIES

9

(371

)

(286

)

NET ASSETS

254,607

182,449

CAPITAL AND RESERVES

Called up share capital

10

100

Retained earnings

254,507

182,349

SHAREHOLDERS' FUNDS

254,607

182,449

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 26 September 2025 and were signed by:

Mrs L M James - Director

1.	STATUTORY INFORMATION

The Wentworth Collective 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.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

33% on cost

Computer equipment

-

33% on cost

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Foreign currencies

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 rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

COST

At 1 January 2024

287

3,016

3,303

Additions

1,922

-

1,922

At 31 December 2024

2,209

3,016

5,225

DEPRECIATION

At 1 January 2024

159

2,000

2,159

Charge for year

575

1,006

1,581

At 31 December 2024

734

3,006

3,740

NET BOOK VALUE

At 31 December 2024

1,475

10

1,485

At 31 December 2023

128

1,016

1,144

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Trade debtors

85,096

113,434

Other debtors

2,652

206

VAT

12,271

1,101

Accrued income

39,972

73,417

Prepayments

3,349

7,509

143,340

195,667

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Bank loans and overdrafts (see note 8)

2,000

Trade creditors

54,780

37,411

Tax

35,222

47,377

Other creditors

16,778

3,489

Directors' current accounts

4,422

-

Accruals and deferred income

59,919

32,892

Accrued expenses

3,895

106,797

177,016

229,966

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

Bank loans (see note 8)

833

2,833

8.

LOANS

An analysis of the maturity of loans is given below:

31.12.24

31.12.23

£

Amounts falling due within one year or on demand:

Bank loans

2,000

Amounts falling due between one and two years:

Bank loans - 1-2 years

833

2,833

9.	PROVISIONS FOR LIABILITIES

31.12.24

31.12.23

£

Deferred tax

371

286

Deferred

tax

£

Balance at 1 January 2024

286

Provided during year

85

Balance at 31 December 2024

371

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

100

Ordinary

£1

100

11.	RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed an amount of £4,422 (2023: £Nil) to the director.