Registration number: 07863511

Wordsmiths Un Limited

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 5

Wordsmiths Un Limited

(Registration number: 07863511)
Balance Sheet as at 31 March 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	6	3,620	2,520
Current assets
Debtors	7	47,307	21,434
Cash at bank and in hand		13,289	19,441
		60,596	40,875
Creditors: Amounts falling due within one year	8	(62,289)	(38,259)
Net current (liabilities)/assets		(1,693)	2,616
Total assets less current liabilities		1,927	5,136
Creditors: Amounts falling due after more than one year	8	-	(4,388)
Provisions for liabilities		(688)	(479)
Net assets		1,239	269
Capital and reserves
Called up share capital		20	20
Retained earnings		1,219	249
Shareholders' funds		1,239	269

For the financial year ending 31 March 2026 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 accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the Board on 3 August 2026 and signed on its behalf by:
 

Mrs L Turner Director

Wordsmiths Un Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

1	General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
Parkhill Studio
Walton Road
Wetherby
West Yorkshire
LS22 5DZ
England

These financial statements were authorised for issue by the Board on 3 August 2026.

2	Accounting policies

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the Company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts and after eliminating sales within the company.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Wordsmiths Un Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office equipment	20% straight line

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	20% straight line

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2025 - 3).

4	Profit before tax

Arrived at after charging/(crediting)

	2026 £	2025 £
Depreciation expense	565	1,078

Wordsmiths Un Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

5	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 April 2025	10,000	10,000
At 31 March 2026	10,000	10,000
Amortisation
At 1 April 2025	10,000	10,000
At 31 March 2026	10,000	10,000
Carrying amount
At 31 March 2026	-	-

6	Tangible assets

	Office equipment  £	Total £
Cost or valuation
At 1 April 2025	6,459	6,459
Additions	1,665	1,665
At 31 March 2026	8,124	8,124
Depreciation
At 1 April 2025	3,939	3,939
Charge for the year	565	565
At 31 March 2026	4,504	4,504
Carrying amount
At 31 March 2026	3,620	3,620
At 31 March 2025	2,520	2,520

Wordsmiths Un Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

7

debtors

Current	2026 £	2025 £
Trade debtors	26,353	7,475
Prepayments	1,890	751
Other debtors	19,064	13,208
	47,307	21,434

8

Creditors

Creditors: amounts falling due within one year

	Note	2026 £	2025 £
Due within one year
Loans and borrowings		21,532	12,437
Trade creditors		3,373	345
Taxation and social security		23,322	15,629
Accruals and deferred income		13,976	9,804
Other creditors		86	44
		62,289	38,259

Current loans and borrowings

	2026 £	2025 £
Bank borrowings	4,388	5,149
Other borrowings	17,144	7,288
	21,532	12,437

Creditors: amounts falling due after more than one year

	Note	2026 £	2025 £
Due after one year
Loans and borrowings		-	4,388