Company Registration No. 9518964 (England and Wales)
Webistics Ltd
Unaudited accounts
for the year ended 31 March 2025
Webistics Ltd
Statement of financial position
as at 31 March 2025
Investment property
240,000
220,000
Cash at bank and in hand
31,161
27,735
Creditors: amounts falling due within one year
(93,954)
(117,762)
Net current liabilities
(33,735)
(61,227)
Total assets less current liabilities
206,265
158,773
Provisions for liabilities
Deferred tax
(7,684)
(3,884)
Net assets
198,581
154,889
Called up share capital
100
100
Profit and loss account
198,481
154,789
Shareholders' funds
198,581
154,889
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. 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 11 December 2025 and were signed on its behalf by
Zachary P B Downs
Director
Company Registration No. 9518964
Webistics Ltd
Notes to the Accounts
for the year ended 31 March 2025
Webistics Ltd is a private company, limited by shares, registered in England and Wales, registration number 9518964. The registered office is Flat 7 Mead Close, Ferdinand Street, Camden, London, NW1 8HG.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Fair value at 1 April 2024
220,000
Net gain from fair value adjustments
20,000
Amounts falling due within one year
Trade debtors
29,058
28,800
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
60,000
60,000
Taxes and social security
15,718
12,161
Loans from directors
8,271
36,158
Webistics Ltd
Notes to the Accounts
for the year ended 31 March 2025
7
Deferred taxation
2025
2024
Accelerated capital allowances
7,684
3,884
Provision at start of year
3,884
-
Charged to the profit and loss account
3,800
3,884
Provision at end of year
7,684
3,884
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Transactions with related parties
At the balance sheet date, the company owed £1,000 to Mrs D Vicol and £7,271 to Mr Z Downs. These balances are unsecured, interest-free, and repayable on demand.
10
Average number of employees
During the year the average number of employees was 1 (2024: 1).