Wordsmith Projects Limited


2021-12-012022-12-312022-12-31false13775444Wordsmith Projects 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Wordsmith Projects Limited

Registered Number
13775444
(England and Wales)

Unaudited Financial Statements for the Period ended
31 December 2022

Wordsmith Projects Limited
Company Information
for the period from 1 December 2021 to 31 December 2022

Directors

Joanne Smith

Registered Address

Room 1 Unit 5 Coopers Business Park
Derby Road
Burton-On-Trent
DE14 1RN

Registered Number

13775444 (England and Wales)
Wordsmith Projects Limited
Statement of Financial Position
31 December 2022

Notes

2022

£

£

Current assets
Cash at bank and on hand20,924
20,924
Creditors amounts falling due within one year7(15,104)
Net current assets (liabilities)5,820
Total assets less current liabilities5,820
Net assets5,820
Capital and reserves
Called up share capital100
Profit and loss account5,720
Shareholders' funds5,820
  • The company was entitled to exemption from audit for this reporting period 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 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 in accordance with the provisions applicable to companies subject to the small companies regime. The directors have chosen to not file a copy of the company’s profit and loss account.
The financial statements were approved and authorised for issue by the Director on 24 April 2023, and are signed on its behalf by:
Joanne Smith
Director
Registered Company No. 13775444
Wordsmith Projects Limited
Notes to the Financial Statements
for the period ended 31 December 2022

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Principal activities
The principal activity of the company is project consultancy and advice.
4.Basis of measurement used in financial statements
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
5.Accounting policies
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Employee benefits policy
Contributions to defined contribution plans are expensed in the period to which they relate.
6.Employee information

2022
Average number of employees during the year1
7.Creditors within one year

2022

£
Amounts owed to related parties7,826
Taxation and social security6,678
Accrued liabilities and deferred income600
Total15,104
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.