I D W E LTD - Filleted accounts

Registered number

03018504

I D W E LTD

Filleted Accounts

31 March 2025

I D W E LTD
Registered number:		03018504
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		348,218			243,776

Current assets
Stocks		7,520			8,915
Debtors	4	1,039,274			567,136
Cash at bank and in hand		393,923			560,218
		1,440,717			1,136,269

Creditors: amounts falling due within one year	5	(679,377)			(496,558)

Net current assets			761,340			639,711

Total assets less current liabilities			1,109,558			883,487

Creditors: amounts falling due after more than one year	6		(11,667)			(21,670)



Net assets			1,097,891			861,817

Capital and reserves
Called up share capital			12			12
Profit and loss account			1,097,879			861,805

Shareholders' funds			1,097,891			861,817

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Ian Wilford
Director
Approved by the board on 22 September 2025

I D W E LTD
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Moitor vehicles			25% per annum on a reducing balance basis
	Computer equipment			25% per annum on a reducing balance basis
	Plant and machinery			25% per annum on a reducing balance basis
	Fixtures, fittings and equipment			25% per annum on a reducing balance basis

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					22		21

3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Fixtures, fittings and equipment		Total
£			£		£		£		£
	Cost
	At 1 April 2024	12,501		12,329		415,232		51,936		491,998
	Additions	-		-		215,328		1,282		216,610
	Disposals	-		-		(68,508)		-		(68,508)
	At 31 March 2025	12,501		12,329		562,052		53,218		640,100

	Depreciation
	At 1 April 2024	-		10,675		194,407		43,140		248,222
	Charge for the year	-		414		91,764		2,520		94,698
	On disposals	-		-		(51,038)		-		(51,038)
	At 31 March 2025	-		11,089		235,133		45,660		291,882

	Net book value
	At 31 March 2025	12,501		1,240		326,919		7,558		348,218
	At 31 March 2024	12,501		1,654		220,825		234,980		243,776


4	Debtors					2025		2024
£							£

	Trade debtors					963,104		492,029
	Other debtors					76,170		75,107
						1,039,274		567,136


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Director's loan account					752		-
	Trade creditors					339,650		104,196
	Taxation and social security costs					302,732		220,244
	Other creditors					36,243		172,118
						679,377		496,558


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Loans					11,667		21,670


7	Other information

	I D W E LTD is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 4 Fitzroy Business Park
	Sandy Lane
	Sidcup
	Kent
	DA14 5NL

9	Called up Share Capital

	Alloted, issued and fully paid

	Number	Class		Nominal
				Value		31.03.2023		31.03.2022
	10	A Ordinary		1		10		10
	2	B Ordinary		1		2		2
						12		12