Micro-entity Accounts - WEBMANIA SERVICES LIMITED

WEBMANIA SERVICES LIMITED Registered Number 13674389

Micro-entity Balance Sheet as at 31 October 2025

	2025	2024
	£	£
Called up share capital not paid	-	-
Fixed Assets	653	-
Current Assets	1,953	3,084
Prepayments and accrued income	-	-
Creditors: amounts falling due within one year	(2,031)	(2,848)
Net current assets (liabilities)	(78)	236
Total assets less current liabilities	575	236
Creditors: amounts falling due after more than one year	0	0
Provisions for liabilities	0	0
Accruals and deferred income	0	0
Total net assets (liabilities)	575	236
Capital and reserves	575	236

For the year ending 31 October 2025 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 26 October 2026

And signed on their behalf by:
Daniel Thomas Munn, Director

Footnotes:

Advances and credits
At 31 October 2025 Daniel Thomas Munn owed the company GBP 38.83 (2024: GBP 2348.50). The opening debit has been retained. During the year, additional private expenditure paid by the company was GBP 13.10 and cash repayments and net credits were GBP 2322.77. Credits comprise cash of GBP 706.41 and personally funded company costs and homeworking of GBP 1616.36 after deducting amounts already reimbursed. The director confirms that the arrangement in force when the costs were incurred was to offset them against his debt first and reimburse any excess. No expense or repayment has been counted twice. No interest has been recognised in the supplied records; no written repayment schedule is available. The closing balance was cleared by subsequent bank repayments by 28 January 2026, applying receipts to the oldest debt first.

WEBMANIA SERVICES LIMITED Registered Number 13674389

Notes to the Micro-entity Accounts for the period ended 31 October 2025

1Employees

	2025	2024
Average number of employees during the period	1	1

2Accounting Policies

Basis of measurement and preparation of accounts
These accounts use the historical cost basis and the available bank records, previous accounts and director confirmations. Detailed working papers from the previous preparer could not be recovered, so management estimates are necessary for historical classifications. The 2024 comparative current assets are restated from GBP 3488 to GBP 3083.76: stale recorded cash of GBP 1139 is replaced by verified bank and pot balances of GBP 423.44, a GBP 311.82 travel prepayment is recognised and GBP 0.50 source rounding is removed. Comparative net assets decrease by GBP 404.24 from GBP 640 to GBP 235.76. The opening director debtor of GBP 2348.50 and creditors of GBP 2848 are retained. Current assets include accrued income and prepayments; current creditors include accruals. Figures are presented in whole pounds, with underlying records maintained in pence. The known equipment addition of GBP 840 is depreciated over 36 months; depreciation for the year is GBP 186.67. No historical equipment cost or new liability has been invented.

Historical creditors and tax uncertainty
Current creditors include GBP 1794 carried forward from the previous accounts, excluding the separately reconciled Iwoca balance. The detailed composition and historical tax treatment of that amount could not be recovered. Management retains that recorded liability as its estimate without a write-off or a fresh expense deduction. A reconstructed director-loan calculation indicates a possible prior-period tax charge of GBP 428.04 before later repayment relief and interest, conditional on the original debit being a genuine taxable loan and the reconstructed credit dates being effective. The prior HMRC self-assessment was recorded as nil. Whether a historical tax correction affects the composition or total of the retained creditor remains uncertain. The conditional figure is not presented as an assessed demand, and no duplicate historical liability or tax repayment asset has been recognised. This historical uncertainty is disclosed for the director to assess before approving the accounts.