Wendover_Domain__Web_Ltd_31_Mar_2025_companies_house_set_of

Wendover Domain & Web Ltd

Statement of Financial Position

31 March 2025

		2025		2024
	Note	£		£
Fixed assets
Tangible assets	6	144		192
Current assets
Stocks		378		-
Debtors	7	4,825		3,955
Cash at bank and in hand		9,920		12,516
		15,123		16,471
Creditors: amounts falling due within one year	8	(9,140	)	(15,637	)
Net current assets		5,983		834
Total assets less current liabilities		6,127		1,026
Capital and reserves
Called up share capital		100		100
Profit and loss account		6,027		926
Shareholders funds		6,127		1,026

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 their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These

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.

These

financial statements

were approved by the board of directors and authorised for issue on

6 October 2025

, and are signed on behalf of the board by:

P Williams

Director

Company registration number:

11705678

Wendover Domain & Web Ltd

Notes to the Financial Statements

Year ended

31 March 2025

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is

14 Kings Oak Close

Monks Risborough

Princes Risborough

Bucks

HP27 9LB

, United Kingdom.

2 Statement of compliance

These

financial statements

have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and 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 assets.

The

financial statements

are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Goodwill

Purchased goodwill arises on business acquisitions and represents the difference between the cost of acquisition and the fair values of the identifiable assets and liabilities acquired.

Goodwill is initially recorded at cost, and is subsequently stated at cost less any accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over the useful economic life of the asset. Where a reliable estimate of the useful life of goodwill cannot be made, the life is presumed not to exceed five years.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.

Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Office equipment	25% straight line
Fixtures and fittings	25% reducing balance

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

4 Average number of employees

The average number of persons employed by the company during the year was

(2024:

5 Intangible assets

	Goodwill
	£
Cost
At 1 April 2024 and 31 March 2025	10,000
Amortisation
At 1 April 2024 and 31 March 2025	10,000
Carrying amount
At 31 March 2025	-
At 31 March 2024	-

6 Tangible assets

	Plant and machinery etc.
	£
Cost
At 1 April 2024 and 31 March 2025	4,624
Depreciation
At 1 April 2024	4,432
Charge	48
At 31 March 2025	4,480
Carrying amount
At 31 March 2025	144
At 31 March 2024	192

7 Debtors

	2025	2024
	£	£
Trade debtors	1,925	580
Other debtors	2,900	3,375
	4,825	3,955

8 Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	761	120
Taxation and social security	2,011	3,506
Other creditors	6,368	12,011
	9,140	15,637

9 Director's advances, credit and guarantees

The sum owed to the Director at the Balance Sheet date amounted to £2,617 (£7,115 - 2024) and is reflected in Other Creditors above.

10 Related party transactions

In addition to the Directors’ remuneration declared above, a Licence to Use premises for business purposes and interest on the balance owed to the Director was also paid during the period.