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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 
- 5 -
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).
- 6 -