Registration number: 12443202

W2E Development Ltd

(Registration number: 12443202)
Balance Sheet as at 28 February 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	159,925	154,418
Current assets
Debtors	5	2,050	10,414
Cash at bank and in hand		5,298	28,612
		7,348	39,026
Creditors: Amounts falling due within one year	6	(11,180)	(4,477)
Net current (liabilities)/assets		(3,832)	34,549
Net assets		156,093	188,967
Capital and reserves
Called up share capital	7	500	500
Share premium reserve		249,500	249,500
Retained earnings		(93,907)	(61,033)
Shareholders' funds		156,093	188,967

For the financial year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 26 November 2025 and signed on its behalf by:
 

......................................... H K Tayton-Martin Director

W2E Development Ltd

Notes to the Unaudited Financial Statements
for the Year Ended 28 February 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Office 9
Dalton House
60 Windsor Avenue
London
SW19 2RR
United Kingdom

These financial statements were authorised for issue by the Board on 26 November 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Tax

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.

Development costs

Development costs in respect of projects which have been assessed as technically and commercially feasible are capitalised as fixed assets. Development costs are carried at cost less accumulated amortisation and any accumulated impairment losses.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Development costs	10% straight line

W2E Development Ltd

Notes to the Unaudited Financial Statements
for the Year Ended 28 February 2025

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year was 0 (2024 - 0).

4	Intangible assets

	Development costs  £	Total £
Cost or valuation
At 1 March 2024	219,212	219,212
Additions internally developed	30,476	30,476
At 28 February 2025	249,688	249,688
Amortisation
At 1 March 2024	64,794	64,794
Amortisation charge	24,969	24,969
At 28 February 2025	89,763	89,763
Carrying amount
At 28 February 2025	159,925	159,925
At 29 February 2024	154,418	154,418

5

Debtors

Current	2025 £	2024 £
Other debtors	2,050	10,414
	2,050	10,414

W2E Development Ltd

Notes to the Unaudited Financial Statements
for the Year Ended 28 February 2025

6

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	-	3,296
Accruals and deferred income	1,080	1,080
Other creditors	10,100	101
	11,180	4,477

7	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £1 each	500	500	500	500