| Waiterplus Ltd |
| Notes to the Accounts |
| for the year ended 31 August 2025 |
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| 1 |
Accounting policies |
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Basis of preparation |
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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). |
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Turnover |
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Turnover is measured at the fair value of the consideration received or receivable, excluding 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. |
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Tangible fixed assets |
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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: |
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Office equipment |
25% reducing balance |
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Creditors |
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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. |
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Taxation |
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Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income. |
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| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
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Average number of persons employed by the company |
1 |
|
1 |
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| 3 |
Tangible fixed assets |
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Office equipment |
| £ |
|
Cost |
|
At 1 September 2024 |
6,780 |
|
Additions |
2,732 |
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At 31 August 2025 |
9,512 |
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Depreciation |
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At 1 September 2024 |
4,100 |
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Charge for the year |
1,353 |
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At 31 August 2025 |
5,453 |
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Net book value |
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At 31 August 2025 |
4,059 |
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At 31 August 2024 |
2,680 |
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| 4 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
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Accruals and deferred income |
|
634 |
|
563 |
|
Taxation and social security costs |
8,869 |
|
5,357 |
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Other creditors |
10,472 |
|
10,546 |
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|
19,975 |
|
16,466 |
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| 5 |
Related party transactions |
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As at 31 August 2025 the balance owed to the director was £10,472 (2024: £10,546). |
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| 6 |
Other information |
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Waiterplus Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
286a Dereham Road |
|
Norwich |
|
NR2 3UU |