Company Registration No. 13869444 (England and Wales)
WORK CENTRE LTD
Unaudited accounts
for the year ended 31 January 2025
WORK CENTRE LTD
Unaudited accounts
Contents
WORK CENTRE LTD
Company Information
for the year ended 31 January 2025
Director
FESANI, Mahiul Al
Company Number
13869444 (England and Wales)
Registered Office
73 GREENFIELD ROAD
LONDON
E1 1EJ
ENGLAND
WORK CENTRE LTD
Statement of financial position
as at 31 January 2025
Tangible assets
2,528
2,528
Cash at bank and in hand
59,346
86,979
Creditors: amounts falling due within one year
(62,130)
(82,278)
Net current (liabilities)/assets
(2,784)
4,701
Total assets less current liabilities
(256)
7,229
Creditors: amounts falling due after more than one year
(22,840)
(25,751)
Net liabilities
(23,096)
(18,522)
Called up share capital
1
1
Profit and loss account
(23,097)
(18,523)
Shareholders' funds
(23,096)
(18,522)
For the year ending 31 January 2025 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 5 September 2025 and were signed on its behalf by
FESANI, Mahiul Al
Director
Company Registration No. 13869444
WORK CENTRE LTD
Notes to the Accounts
for the year ended 31 January 2025
WORK CENTRE LTD is a private company, limited by shares, registered in England and Wales, registration number 13869444. The registered office is 73 GREENFIELD ROAD, LONDON, E1 1EJ, 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.
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.
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:
Fixtures & fittings
10% Straight line
Computer equipment
10% Straight line
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
WORK CENTRE LTD
Notes to the Accounts
for the year ended 31 January 2025
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2024
2,058
750
2,808
At 31 January 2025
2,058
750
2,808
At 1 February 2024
205
75
280
At 31 January 2025
205
75
280
At 31 January 2025
1,853
675
2,528
At 31 January 2024
1,853
675
2,528
5
Creditors: amounts falling due within one year
2025
2024
Trade creditors
10,102
36,709
6
Creditors: amounts falling due after more than one year
2025
2024
Loans from directors
22,840
25,751
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 12 (2024: 12).