| The Workhouse Group Ltd |
| Registered number: |
10479466 |
| Balance Sheet |
| as at 31 March 2023 |
|
| Notes |
|
|
2023 |
|
|
2021 |
| £ |
£ |
| Current assets |
| Debtors |
3 |
|
26,888 |
|
|
63,069 |
| Cash at bank and in hand |
|
|
3,726 |
|
|
14,748 |
|
|
|
30,614 |
|
|
77,817 |
|
| Creditors: amounts falling due within one year |
4 |
|
(16,343) |
|
|
(10,000) |
|
| Net current assets |
|
|
|
14,271 |
|
|
67,817 |
|
| Total assets less current liabilities |
|
|
|
14,271 |
|
|
67,817 |
|
| Creditors: amounts falling due after more than one year |
5 |
|
|
(50,000) |
|
|
(87,500) |
|
|
|
| Net liabilities |
|
|
|
(35,729) |
|
|
(19,683) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
(35,829) |
|
|
(19,783) |
|
| Shareholder's funds |
|
|
|
(35,729) |
|
|
(19,683) |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| 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 and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Benjamin Schimmel |
| Director |
| Approved by the board on 21 December 2023 |
|
| The Workhouse Group Ltd |
| Notes to the Accounts |
| for the period from 1 December 2021 to 31 March 2023 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
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). |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
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. |
|
|
| 2 |
Employees |
2023 |
|
2021 |
| Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Debtors |
2023 |
|
2021 |
| £ |
£ |
|
|
Other debtors |
26,888 |
|
63,069 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Creditors: amounts falling due within one year |
2023 |
|
2021 |
| £ |
£ |
|
|
Bank loans and overdrafts |
16,343 |
|
10,000 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due after one year |
2023 |
|
2021 |
| £ |
£ |
|
|
Bank loans |
- |
|
37,500 |
|
Other creditors |
50,000 |
|
50,000 |
|
|
|
|
|
|
50,000 |
|
87,500 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Other information |
|
|
The Workhouse Group Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
121 Princes Park Avenue |
|
London |
|
NW11 0JS |
