1 October 2024 v2026.27.1 limited_company_frs_102_section_1a_v1_1_3 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBP077629312024-10-012025-09-30077629312025-09-30077629312024-09-3007762931core:WithinOneYear2025-09-3007762931core:WithinOneYear2024-09-3007762931core:AfterOneYear2024-09-3007762931core:ShareCapital2025-09-3007762931core:ShareCapital2024-09-3007762931core:SharePremium2025-09-3007762931core:SharePremium2024-09-3007762931core:RetainedEarningsAccumulatedLosses2025-09-3007762931core:RetainedEarningsAccumulatedLosses2024-09-3007762931bus:Director12024-10-012025-09-3007762931bus:RegisteredOffice2024-10-012025-09-3007762931core:DevelopmentCostsCapitalisedDevelopmentExpenditure2024-10-012025-09-3007762931core:OfficeEquipment2024-10-012025-09-30077629312023-10-012024-09-3007762931core:IntangibleAssetsOtherThanGoodwill2024-10-0107762931core:IntangibleAssetsOtherThanGoodwill2024-10-012025-09-3007762931core:IntangibleAssetsOtherThanGoodwill2025-09-3007762931core:IntangibleAssetsOtherThanGoodwill2024-09-3007762931core:PlantMachinery2025-09-3007762931core:PlantMachinery2024-10-0107762931core:PlantMachinery2024-10-012025-09-3007762931core:PlantMachinery2024-09-300776293112024-10-012025-09-3007762931countries:EnglandWales2024-10-012025-09-3007762931bus:AuditExemptWithAccountantsReport2024-10-012025-09-3007762931bus:PrivateLimitedCompanyLtd2024-10-012025-09-3007762931bus:SmallEntities2024-10-012025-09-3007762931bus:FullAccounts2024-10-012025-09-30
Company registration number:
07762931
We Deliver Local Ltd
Unaudited Filleted Financial Statements for the year ended
30 September 2025
We Deliver Local Ltd
Report to the board of directors on the preparation of the unaudited statutory financial statements of We Deliver Local Ltd
Year ended
30 September 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of We Deliver Local Ltd for the year ended 30 September 2025 which comprise of the Income Statement, Statement of Financial Position and related notes from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Director of We Deliver Local Ltd in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of We Deliver Local Ltd and state those matters that we have agreed to state to you in this report to the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than We Deliver Local Ltd and its Directors for our work or for this report.
It is your duty to ensure that We Deliver Local Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of We Deliver Local Ltd. You consider that We Deliver Local Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of We Deliver Local Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Fearless Accounting Ltd
Unit 9
Chenoweth Business Park
Ruan High Lanes, Truro
Cornwall
TR2 5LB
United Kingdom
We Deliver Local Ltd
Statement of Financial Position
30 September 2025
20252024
Note££
Fixed assets    
Intangible assets 4
414,393
 
496,226
 
Tangible assets 5 -  
562
 
414,393
 
496,788
 
Current assets    
Debtors 6
371,139
 
860,995
 
Cash at bank and in hand
48,060
 
64,803
 
419,199
 
925,798
 
Creditors: amounts falling due within one year 7
(288,933
 )
(228,234
 )
Net current assets
130,266
 
697,564
 
Total assets less current liabilities 544,659   1,194,352  
Creditors: amounts falling due after more than one year 8 -  
(45,732
 )
Net assets
544,659
 
1,148,620
 
Capital and reserves    
Called up share capital
145
 
145
 
Share premium
5,605,376
 
5,605,376
 
Profit and loss account
(5,060,862
 )
(4,456,901
 )
Shareholders funds
544,659
 
1,148,620
 
For the year ending
30 September 2025
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
23 June 2026
, and are signed on behalf of the board by:
Yazen Al-Momani
Director
Company registration number:
07762931
We Deliver Local Ltd
Notes to the Financial Statements
Year ended
30 September 2025

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
9 West Street
,
Congleton
,
Cheshire
,
CW12 1JN
, United Kingdom.
The financial statements are presented in sterling and this is the functional currency of the company.

2 Accounting policies

Basis of preparation

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

Going concern

After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.

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.
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Revenue 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Intangible assets

Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.
Development costs
Capitalised development costs are stated at cost less accumulated amortisation and accumulated impairment losses (cost model). Amortisation is recognised using the straight-line basis and results in the carrying amount being expensed in profit or loss over 5 years.
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Development costs
20% straight line

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Office equipment
25% straight line

Financial instruments

Election and recognition
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Defined contribution pension plan

The company operates a defined contribution pension plan for the benefit of its employees. Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.

3 Average number of employees

The average number of persons employed by the company during the year was
6
(2024:
12
).

4 Intangible assets

Other intangible assets
£
Cost  
At
1 October 2024
1,030,652
 
Additions
139,304
 
At
30 September 2025
1,169,956
 
Amortisation  
At
1 October 2024
534,426
 
Charge
221,137
 
At
30 September 2025
755,563
 
Carrying amount  
At
30 September 2025
414,393
 
At 30 September 2024
496,226
 

5 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 October 2024
and
30 September 2025
5,722
 
Depreciation  
At
1 October 2024
5,160
 
Charge
562
 
At
30 September 2025
5,722
 
Carrying amount  
At
30 September 2025
 -  
At 30 September 2024
562
 

6 Debtors

20252024
££
Trade debtors
2,349
 
5,472
 
Other debtors
368,790
 
855,523
 
371,139
 
860,995
 

7 Creditors: amounts falling due within one year

20252024
££
Bank loans and overdrafts
45,685
 
65,338
 
Trade creditors
26,270
 
32,791
 
Taxation and social security
76,315
 
45,246
 
Other creditors
140,663
 
84,859
 
288,933
 
228,234
 

8 Creditors: amounts falling due after more than one year

20252024
££
Bank loans and overdrafts -  
45,732