WOLFTEK GROUP LTD

Company Registration Number:
13568422 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2022

Period of accounts

Start date: 16 August 2021

End date: 31 August 2022

WOLFTEK GROUP LTD

Contents of the Financial Statements

for the Period Ended 31 August 2022

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

WOLFTEK GROUP LTD

Profit And Loss Account

for the Period Ended 31 August 2022

13 months to 31 August 2022


£
Turnover: 787,379
Cost of sales: ( 554,887 )
Gross profit(or loss): 232,492
Distribution costs: ( 35,490 )
Administrative expenses: ( 54,390 )
Other operating income: 0
Operating profit(or loss): 142,612
Interest receivable and similar income: 0
Interest payable and similar charges: ( 6,321 )
Profit(or loss) before tax: 136,291
Tax: ( 34,065 )
Profit(or loss) for the financial year: 102,226

WOLFTEK GROUP LTD

Balance sheet

As at 31 August 2022

Notes 13 months to 31 August 2022


£
Called up share capital not paid: 100
Fixed assets
Intangible assets:   0
Tangible assets: 3 35,244
Investments: 4 288,330
Total fixed assets: 323,574
Current assets
Stocks: 5 236,543
Debtors: 6 67,673
Cash at bank and in hand: 5,220
Investments: 7 43,200
Total current assets: 352,636
Prepayments and accrued income: 0
Creditors: amounts falling due within one year: 8 ( 33,102 )
Net current assets (liabilities): 319,534
Total assets less current liabilities: 643,208
Creditors: amounts falling due after more than one year: 9 ( 14,333 )
Provision for liabilities: ( 1,000 )
Accruals and deferred income: 0
Total net assets (liabilities): 627,875
Capital and reserves
Called up share capital: 100
Profit and loss account: 627,775
Total Shareholders' funds: 627,875

The notes form part of these financial statements

WOLFTEK GROUP LTD

Balance sheet statements

For the year ending 31 August 2022 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 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.

This report was approved by the board of directors on 1 September 2022
and signed on behalf of the board by:

Name: C Fernandez
Status: Director

The notes form part of these financial statements

WOLFTEK GROUP LTD

Notes to the Financial Statements

for the Period Ended 31 August 2022

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

WOLFTEK GROUP LTD

Notes to the Financial Statements

for the Period Ended 31 August 2022

  • 2. Employees

    13 months to 31 August 2022
    Average number of employees during the period 5

WOLFTEK GROUP LTD

Notes to the Financial Statements

for the Period Ended 31 August 2022

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 11,338 2,653 3,218 18,035 35,244
Disposals
Revaluations
Transfers
At 31 August 2022 11,338 2,653 3,218 18,035 35,244
Depreciation
Charge for year
On disposals
Other adjustments
At 31 August 2022
Net book value
At 31 August 2022 11,338 2,653 3,218 18,035 35,244

WOLFTEK GROUP LTD

Notes to the Financial Statements

for the Period Ended 31 August 2022

4. Fixed assets investments note

£288330

WOLFTEK GROUP LTD

Notes to the Financial Statements

for the Period Ended 31 August 2022

5. Stocks

13 months to 31 August 2022
£
Stocks 236,543
Total 236,543

WOLFTEK GROUP LTD

Notes to the Financial Statements

for the Period Ended 31 August 2022

6. Debtors

13 months to 31 August 2022
£
Trade debtors 67,673
Total 67,673

WOLFTEK GROUP LTD

Notes to the Financial Statements

for the Period Ended 31 August 2022

7. Current assets investments note

43200

WOLFTEK GROUP LTD

Notes to the Financial Statements

for the Period Ended 31 August 2022

8. Creditors: amounts falling due within one year note

13 months to 31 August 2022
£
Bank loans and overdrafts 0
Trade creditors 33,102
Total 33,102

WOLFTEK GROUP LTD

Notes to the Financial Statements

for the Period Ended 31 August 2022

9. Creditors: amounts falling due after more than one year note

13 months to 31 August 2022
£
Other creditors 14,333
Total 14,333