03849530falsethe creation and operation of friendship and matchmaking websites2024-02-292025-02-28http://www.companieshouse.gov.uk/2024-02-28http://www.companieshouse.gov.uk/pt:ShareCapital2024-02-28http://www.companieshouse.gov.uk/cd:Director12024-02-292025-02-28http://www.companieshouse.gov.uk/pt:ShareCapital2025-02-28http://www.companieshouse.gov.uk/cd:Director22024-02-292025-02-28http://www.companieshouse.gov.uk/pt:CapitalRedemptionReserve2024-02-28http://www.companieshouse.gov.uk/cd:Director32024-02-292025-02-28http://www.companieshouse.gov.uk/pt:CapitalRedemptionReserve2025-02-28http://www.companieshouse.gov.uk/cd:Director42024-02-292025-02-28http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-02-292025-02-28http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22024-02-292025-02-28http://www.companieshouse.gov.uk/pt:NetGoodwill2024-02-28http://www.companieshouse.gov.uk/cd:OrdinaryShareClass32024-02-292025-02-28http://www.companieshouse.gov.uk/pt:NetGoodwill2025-02-28http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-02-292025-02-28http://www.companieshouse.gov.uk/cd:OrdinaryShareClass42024-02-292025-02-28http://www.companieshouse.gov.uk/cd:OrdinaryShareClass52024-02-292025-02-28http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-02-28http://www.companieshouse.gov.uk/pt:NetGoodwill2024-02-292025-02-28http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-02-28http://www.companieshouse.gov.uk/2024-02-292025-02-28http://www.companieshouse.gov.uk/2024-02-28http://www.companieshouse.gov.uk/cd:FRS1022024-02-292025-02-28http://www.companieshouse.gov.uk/2025-02-28http://www.companieshouse.gov.uk/cd:FullAccounts2024-02-292025-02-28http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-02-292025-02-28iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 03849530
Widernet Communications Limited
UNAUDITED ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 2025
Prepared By:
Lever Bros & Co
Chartered Accountants
First Floor, 690 Great West Road
Osterley Village
Isleworth
TW7 4PU
Widernet Communications Limited
ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 2025
DIRECTORS
E M Turner
J G Williams
S T Oliver
N W Maybin
REGISTERED OFFICE
483 Green Lanes
London
N13 4BS
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 03849530
ACCOUNTANTS
Lever Bros & Co
Chartered Accountants
First Floor, 690 Great West Road
Osterley Village
Isleworth
TW7 4PU
Widernet Communications Limited
ACCOUNTS
FOR THEYEARENDED28 FEBRUARY 2025
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
Widernet Communications Limited
BALANCE SHEET AT 28 February 2025
20252024
Notes££
FIXED ASSETS
Intangible assets251,80086,800
Tangible assets313,10617,475
64,906104,275
CURRENT ASSETS
Debtors444,35865,159
Cash at bank and in hand435,904533,159
480,262598,318
CREDITORS: Amounts falling due within one year5124,824318,655
NET CURRENT ASSETS355,438279,663
TOTAL ASSETS LESS CURRENT LIABILITIES420,344383,938
CAPITAL AND RESERVES
Called up share capital736,20136,201
Capital redemption reserve843,80043,800
Profit and loss account340,343303,937
SHAREHOLDERS' FUNDS420,344383,938
For the year ending 28 February 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 directors acknowledge their 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 26 November 2025 and signed on their behalf by
.............................
E M Turner
Director
.............................
S T Oliver
Director
Widernet Communications Limited
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 2025
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Equipment and website are stated at costs less accumulated depreciation. Cost compromises the aggregate amount paid to acquire the asset and includes costs directly attributable to making the asset capable of operating as intended.
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant And Machinerystraight line25%
1c. Taxation
Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.
1d. Foreign Currency
Transactions in currencies, other than the functional currency of the company, are recorded at the rate of the exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items that are measured at the historic cost in a foreign currency are not retranslated.
1e. Turnover
Turnover derived is from services supplied by the company, net of value added tax and trade discounts and is recognised when services are rendered.
1f. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 10 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.
1g. Statutory Information
Widernet Communications Limited is a private company, limited by shares, incorporated in England and Wales. The company's registered number is 03849530 and registered office address is 483 Green Lanes, London, England, N13 4BS.
1h. Financial Instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments.
Widernet Communications Limited
2. INTANGIBLE FIXED ASSETS
Purchased
GoodwillTotal
££
Cost
At 29 February 2024350,000350,000
At 28 February 2025350,000350,000
Depreciation
At 29 February 2024263,200263,200
For the year35,00035,000
At 28 February 2025298,200298,200
Net Book Amounts
At 28 February 202551,80051,800
At 28 February 202486,80086,800
3. TANGIBLE FIXED ASSETS
Plant and
MachineryEquipmentWebsiteTotal
££££
Cost
At 29 February 202431,06512,78083,247127,092
At 28 February 202531,06512,78083,247127,092
Depreciation
At 29 February 202413,59112,77983,247109,617
For the year4,369--4,369
At 28 February 202517,96012,77983,247113,986
Net Book Amounts
At 28 February 202513,1051-13,106
At 28 February 202417,4741-17,475
4. DEBTORS 20252024
££
Amounts falling due within one year
Trade debtors44,35765,158
Other debtors11
44,35865,159
Widernet Communications Limited
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20252024
££
Taxation and social security33,34038,590
Trade creditors75,14070,907
Other creditors360136,994
Pension schemes10298
Accruals15,88272,066
124,824318,655
6. EMPLOYEES
20252024
No.No.
Average number of employees11
7. SHARE CAPITAL 20252024
££
Allotted, issued and fully paid:
14,400 B Ordinary shares of £1.00 each14,40014,400
10,400 C Ordinary shares of £1.00 each10,40010,400
10,400 D Ordinary shares of £1.00 each10,40010,400
1,000 E Ordinary shares of £1.00 each1,0001,000
1 R Redeemable shares of £1.00 each11
36,20136,201
8. OTHER RESERVES 20252024
££
Capital redemption reserve43,80043,800
43,80043,800