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Company Registration No. 03655425 (England and Wales)
Netwasp.net Limited Unaudited accounts for the year ended 31 October 2025
Netwasp.net Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Netwasp.net Limited Company Information for the year ended 31 October 2025
Director
James Richard Hunt
Company Number
03655425 (England and Wales)
- 3 -
Netwasp.net Limited Statement of financial position as at 31 October 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
13,059
17,502
Investments
5
14,969
14,969
28,028
32,471
Current assets
Debtors
6
207,183
166,312
Cash at bank and in hand
10,695
18,287
217,878
184,599
Creditors: amounts falling due within one year
7
(95,855)
(137,624)
Net current assets
122,023
46,975
Net assets
150,051
79,446
Capital and reserves
Called up share capital
100
100
Profit and loss account
149,951
79,346
Shareholders' funds
150,051
79,446
For the year ending 31 October 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 director acknowledges his 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 and authorised for issue on 27 July 2026 and were signed on its behalf by
James Richard Hunt Director Company Registration No. 03655425
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Netwasp.net Limited Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
Netwasp.net Limited is a private company, limited by shares, registered in England and Wales, registration number 03655425.
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:
Motor vehicles
25% WDV
Fixtures & fittings
25% WDV
Computer equipment
25% WDV
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 November 2024
128,222
15,973
409
144,604
At 31 October 2025
128,222
15,973
409
144,604
Depreciation
At 1 November 2024
111,046
15,920
136
127,102
Charge for the year
4,294
13
136
4,443
At 31 October 2025
115,340
15,933
272
131,545
Net book value
At 31 October 2025
12,882
40
137
13,059
At 31 October 2024
17,176
53
273
17,502
5
Investments
Other investments
£
Valuation at 1 November 2024
14,969
Valuation at 31 October 2025
14,969
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Netwasp.net Limited Notes to the Accounts for the year ended 31 October 2025
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Other debtors
207,183
134,795
Amounts falling due after more than one year
Other debtors
-
31,517
7
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
22,347
27,029
VAT
28,133
20,483
Taxes and social security
36,865
60,729
Other creditors
3,399
28,383
Loans from directors
111
-
Accruals
5,000
1,000
95,855
137,624
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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