REGISTERED NUMBER: 10110380 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Webb Teasdale Accountancy Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R P Camden

Mrs C L Camden

REGISTERED OFFICE:

Boston House

Grove Business Park

Downsview Road

Wantage

Oxfordshire

OX12 9FF

REGISTERED NUMBER:

10110380 (England and Wales)

ACCOUNTANTS:

Webb Teasdale Accountancy Ltd

Boston House

Grove Business Park

Downsview Road

Wantage

Oxfordshire

OX12 9FF

FIXED ASSETS

Intangible assets

4

11,324

20,084

Tangible assets

5

1,737

1,736

13,061

21,820

CURRENT ASSETS

Debtors

6

33,223

27,176

Cash at bank

36,255

26,036

69,478

53,212

CREDITORS

Amounts falling due within one year

7

48,435

34,730

NET CURRENT ASSETS

21,043

18,482

TOTAL ASSETS LESS CURRENT LIABILITIES

34,104

40,302

PROVISIONS FOR LIABILITIES

340

330

NET ASSETS

33,764

39,972

CAPITAL AND RESERVES

Called up share capital

64

64

Capital redemption reserve

8

38

38

Retained earnings

8

33,662

39,870

SHAREHOLDERS' FUNDS

33,764

39,972

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 December 2025 and were signed on its behalf by:

R P Camden - Director

1.	STATUTORY INFORMATION

Webb Teasdale Accountancy Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2016, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

87,554

AMORTISATION

At 1 April 2024

67,470

Charge for year

8,760

At 31 March 2025

76,230

NET BOOK VALUE

At 31 March 2025

11,324

At 31 March 2024

20,084

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2024

3,050

4,616

7,666

Additions

-

583

583

At 31 March 2025

3,050

5,199

8,249

DEPRECIATION

At 1 April 2024

2,612

3,318

5,930

Charge for year

110

472

582

At 31 March 2025

2,722

3,790

6,512

NET BOOK VALUE

At 31 March 2025

328

1,409

1,737

At 31 March 2024

438

1,298

1,736

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

26,729

12,004

Other debtors

6,494

15,172

33,223

27,176

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

324

155

Trade creditors

9,267

14,426

Taxation and social security

22,663

19,646

Other creditors

16,181

503

48,435

34,730

8.

RESERVES

Capital

Retained

redemption

earnings

reserve

Totals

£

£

£

At 1 April 2024

39,870

38

39,908

Profit for the year

33,992

33,992

Dividends

(40,200

)

(40,200

)

At 31 March 2025

33,662

38

33,700

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Directors loans are repayable on demand, and are interest free up to a limit of £10000 above which interest will be charged at the HMRC specified rate.

As at 31st March 2024 the Director owed the Company £9,348.45. This was repaid on 30th April 2024.

As at 31st March 2025 the company owed the Director's £3,181.05.