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Company Registration No. 10261030 (England and Wales)
Worksmith Ltd Unaudited accounts for the year ended 31 July 2025
Worksmith Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Worksmith Ltd Company Information for the year ended 31 July 2025
Directors
Else Beate Pesian Sukanyaben Patel
Company Number
10261030 (England and Wales)
Registered Office
11 Lake Avenue WALSALL West Midlands WS5 3PA England
Accountants
J P Accountancy Services Arnant House Dihewyd Lampeter Staffordshire SA48 7PP
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Worksmith Ltd Statement of financial position as at 31 July 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
720
1,080
Current assets
Debtors
5
27,285
27,980
Cash at bank and in hand
43,460
49,044
70,745
77,024
Creditors: amounts falling due within one year
6
(16,369)
(18,940)
Net current assets
54,376
58,084
Total assets less current liabilities
55,096
59,164
Creditors: amounts falling due after more than one year
7
-
(8,477)
Net assets
55,096
50,687
Capital and reserves
Called up share capital
100
100
Profit and loss account
54,996
50,587
Shareholders' funds
55,096
50,687
For the year ending 31 July 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 16 March 2026 and were signed on its behalf by
Sukanyaben Patel Director Company Registration No. 10261030
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Worksmith Ltd Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
Worksmith Ltd is a private company, limited by shares, registered in England and Wales, registration number 10261030. The registered office is 11 Lake Avenue, , WALSALL, West Midlands, WS5 3PA, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Computer equipment
25% Straight Line
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 August 2024
6,738
At 31 July 2025
6,738
Depreciation
At 1 August 2024
5,658
Charge for the year
360
At 31 July 2025
6,018
Net book value
At 31 July 2025
720
At 31 July 2024
1,080
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
26,277
27,554
Accrued income and prepayments
1,008
426
27,285
27,980
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Worksmith Ltd Notes to the Accounts for the year ended 31 July 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
-
4,845
VAT
5,177
6,613
Trade creditors
8,665
-
Taxes and social security
-
231
Other creditors
311
-
Loans from directors
1,082
6,171
Accruals
1,134
1,080
16,369
18,940
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
-
8,477
8
Loans to directors
Brought Forward
Advance/ credit
Repaid
Carried Forward
£
£
£
£
Else Beate Pesian
Directors Loan Account
3,943
(3,943)
634
(634)
Sukanyaben Patel
Directors Loan Account
2,228
(2,228)
457
(457)
6,171
(6,171)
1,091
(1,091)
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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