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Company Registration No. 10512372 (England and Wales)
WP RESOURCE LIMITED Unaudited accounts for the year ended 31 December 2022
WP RESOURCE LIMITED Unaudited accounts Contents
Page
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WP RESOURCE LIMITED Company Information for the year ended 31 December 2022
Directors
Mr Robert Ludlam Mr Joop Den Hartog
Company Number
10512372 (England and Wales)
Registered Office
7A Corn Exchange Market Place Swaffham Norfolk PE37 7AB
Accountants
Grow Your Business East Anglia Ltd 30 Market Place Swaffham Norfolk PE37 7QH
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WP RESOURCE LIMITED Statement of financial position as at 31 December 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
11,672 
17,478 
Current assets
Debtors
269,674 
254,475 
Cash at bank and in hand
153,003 
121,253 
422,677 
375,728 
Creditors: amounts falling due within one year
(224,580)
(235,274)
Net current assets
198,097 
140,454 
Net assets
209,769 
157,932 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
209,669 
157,832 
Shareholders' funds
209,769 
157,932 
For the year ending 31 December 2022 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 20 September 2023 and were signed on its behalf by
Mr Robert Ludlam Director Company Registration No. 10512372
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WP RESOURCE LIMITED Notes to the Accounts for the year ended 31 December 2022
1
Statutory information
WP RESOURCE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10512372. The registered office is 7A Corn Exchange, Market Place, Swaffham, Norfolk, PE37 7AB.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20%
Fixtures & fittings
20%
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2022
24,073 
8,012 
32,085 
Additions
- 
764 
764 
At 31 December 2022
24,073 
8,776 
32,849 
Depreciation
At 1 January 2022
10,616 
3,991 
14,607 
Charge for the year
4,815 
1,755 
6,570 
At 31 December 2022
15,431 
5,746 
21,177 
Net book value
At 31 December 2022
8,642 
3,030 
11,672 
At 31 December 2021
13,457 
4,021 
17,478 
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WP RESOURCE LIMITED Notes to the Accounts for the year ended 31 December 2022
5
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
VAT
- 
11,147 
Trade debtors
265,089 
241,978 
Other debtors
4,585 
1,350 
269,674 
254,475 
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Bank loans and overdrafts
50,048 
62,290 
Trade creditors
46,292 
57,970 
Taxes and social security
27,305 
14,079 
Other creditors
20,000 
20,000 
Loans from directors
80,935 
80,935 
224,580 
235,274 
7
Average number of employees
During the year the average number of employees was 1 (2021: 1).
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