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REGISTERED NUMBER: 11163172 (England and Wales)














WSH LOGISTICS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2022






WSH LOGISTICS LIMITED (REGISTERED NUMBER: 11163172)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WSH LOGISTICS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2022







DIRECTOR: A W Hill





REGISTERED OFFICE: Beauchamp House
402-403 Stourport Road
Kidderminster
Worcestershire
DY11 7BG





REGISTERED NUMBER: 11163172 (England and Wales)





ACCOUNTANTS: Worton Rock (Kidderminster) Limited
Chartered Accountants
Beauchamp House
402/403 Stourport Road
Kidderminster
Worcestershire
DY11 7BG

WSH LOGISTICS LIMITED (REGISTERED NUMBER: 11163172)

BALANCE SHEET
30 APRIL 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,372,424 908,125

CURRENT ASSETS
Stocks 5,560 5,263
Debtors 5 1,023,607 442,331
Cash at bank 38,751 150,280
1,067,918 597,874
CREDITORS
Amounts falling due within one year 6 1,657,637 788,380
NET CURRENT LIABILITIES (589,719 ) (190,506 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,782,705

717,619

CREDITORS
Amounts falling due after more than one
year

7

(1,354,629

)

(549,785

)

PROVISIONS FOR LIABILITIES 8 (82,112 ) (32,535 )
NET ASSETS 345,964 135,299

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 345,864 135,199
SHAREHOLDERS' FUNDS 345,964 135,299

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

WSH LOGISTICS LIMITED (REGISTERED NUMBER: 11163172)

BALANCE SHEET - continued
30 APRIL 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 September 2022 and were signed by:





A W Hill - Director


WSH LOGISTICS LIMITED (REGISTERED NUMBER: 11163172)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2022

1. STATUTORY INFORMATION

WSH Logistics Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 15% on reducing balance and 10% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 43 (2021 - 25 ) .

WSH LOGISTICS LIMITED (REGISTERED NUMBER: 11163172)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2022

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2021 1,054,212
Additions 1,826,447
Disposals (159,895 )
At 30 April 2022 2,720,764
DEPRECIATION
At 1 May 2021 146,087
Charge for year 233,557
Eliminated on disposal (31,304 )
At 30 April 2022 348,340
NET BOOK VALUE
At 30 April 2022 2,372,424
At 30 April 2021 908,125

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 989,065 422,752
Other debtors 34,542 19,579
1,023,607 442,331

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans and overdrafts 33,860 26,362
Hire purchase contracts 499,862 213,633
Trade creditors 248,308 141,767
Taxation and social security 121,273 55,495
Other creditors 754,334 351,123
1,657,637 788,380

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2022 2021
£    £   
Bank loans 162,390 198,250
Hire purchase contracts 1,192,239 351,535
1,354,629 549,785

WSH LOGISTICS LIMITED (REGISTERED NUMBER: 11163172)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2022

8. PROVISIONS FOR LIABILITIES
2022 2021
£    £   
Deferred tax 82,112 32,535

Deferred
tax
£   
Balance at 1 May 2021 32,535
Provided during year 49,577
Balance at 30 April 2022 82,112

9. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2022 2021
value: £    £   
100 Ordinary £1 100 100

10. OTHER FINANCIAL COMMITMENTS

There is an operating lease commitment in place totalling £2,083 per month for the next four year, the total commitment being £75,000.

Hire purchase liabilities are secured over the assets to which they relate.

The invoice finance facility is secured by way of a charge over the sales ledger accounts to which the advances relate to.