Company Registration No. SC752690 (Scotland)
Working With Integrity Ltd
Unaudited accounts
for the year ended 31 December 2024
Working With Integrity Ltd
Unaudited accounts
Contents
Working With Integrity Ltd
Company Information
for the year ended 31 December 2024
Directors
S D Harris
D Lines
Dr J Hunt
Company Number
SC752690 (Scotland)
Registered Office
C/O Hutcheon Mearns
2 Queen's Road
Aberdeen
AB15 4ZT
Scotland
Working With Integrity Ltd
Statement of financial position
as at 31 December 2024
Intangible assets
4,212
6,286
Tangible assets
19,046
20,982
Cash at bank and in hand
12,791
13,999
Creditors: amounts falling due within one year
(221,595)
(127,847)
Net current (liabilities)/assets
(46,461)
15,072
Net (liabilities)/assets
(23,203)
42,340
Called up share capital
1
1
Profit and loss account
(23,204)
42,339
Shareholders' funds
(23,203)
42,340
For the year ending 31 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 directors acknowledge their 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 of Directors and authorised for issue on 3 October 2025 and were signed on its behalf by
S D Harris
Director
Company Registration No. SC752690
Working With Integrity Ltd
Notes to the Accounts
for the year ended 31 December 2024
Working With Integrity Ltd is a private company, limited by shares, registered in Scotland, registration number SC752690. The registered office is C/O Hutcheon Mearns, 2 Queen's Road, Aberdeen, AB15 4ZT, Scotland.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling, which is the functional currency of the entity.
The financial statements have been prepared on a going concern basis.
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provisions of services in the ordinary course of the Company's activities. Turnover is shown net of sales / value added tax, returns, rebates and discounts.
The Company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the Company's activities.
The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates taxable income.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Tangible 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:
Fixtures & fittings
15% reducing balance
Computer equipment
33% reducing balance
Working With Integrity Ltd
Notes to the Accounts
for the year ended 31 December 2024
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measures at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the Company will not be able to collect all amounts due according to the original terms of the receivables.
Trade Creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the Company does not have an unconditional right, at the end of the reporting period, to defer settlement of the trade creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade Creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
Dividend distribution to the Company's shareholders is recognised as a liability in the financial statements in the reporting period which the dividends are declared.
Defined contribution pension obligation
A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the Company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefit relating to the employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contributions payments exceed the contribution due for service, the excess is recognised as a prepayment.
Classification
Financial instruments are classified and accounted for, according to the substance of the contractual agreement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4
Intangible fixed assets
Other
Working With Integrity Ltd
Notes to the Accounts
for the year ended 31 December 2024
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2024
9,845
11,940
21,785
Additions
1,220
2,619
3,839
At 31 December 2024
11,065
14,559
25,624
At 1 January 2024
62
741
803
Charge for the year
1,497
4,278
5,775
At 31 December 2024
1,559
5,019
6,578
At 31 December 2024
9,506
9,540
19,046
At 31 December 2023
9,783
11,199
20,982
Amounts falling due within one year
Trade debtors
143,162
128,766
Accrued income and prepayments
19,181
43
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
69,367
20,320
Taxes and social security
67,605
27,237
Other creditors
1,950
2,998
Loans from directors
(28,416)
41,390
8
Average number of employees
During the year the average number of employees was 4 (2023: 2).