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
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
WP RESOURCE LIMITED
Statement of financial position
as at 31 December 2022
Tangible assets
11,672
17,478
Cash at bank and in hand
153,003
121,253
Creditors: amounts falling due within one year
(224,580)
(235,274)
Net current assets
198,097
140,454
Net assets
209,769
157,932
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
WP RESOURCE LIMITED
Notes to the Accounts
for the year ended 31 December 2022
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.
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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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
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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
At 31 December 2022
24,073
8,776
32,849
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
At 31 December 2022
8,642
3,030
11,672
At 31 December 2021
13,457
4,021
17,478
WP RESOURCE LIMITED
Notes to the Accounts
for the year ended 31 December 2022
Amounts falling due within one year
Trade debtors
265,089
241,978
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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
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Average number of employees
During the year the average number of employees was 1 (2021: 1).