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Company Registration No. 09161968 (England and Wales)
Wight-House Electronics Ltd Unaudited accounts for the year ended 31 August 2023
Wight-House Electronics Ltd Unaudited accounts Contents
Page
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Wight-House Electronics Ltd Company Information for the year ended 31 August 2023
Director
Emily Taylor
Company Number
09161968 (England and Wales)
Registered Office
Vision Accounting, Fortis House Westridge Business Park Ryde Isle of Wight PO33 1QT United Kingdom
Accountants
Vision Accounting Fortis House Cothey Way Ryde Isle of Wight PO33 1QT
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Wight-House Electronics Ltd Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
8,095 
9,810 
Current assets
Debtors
726 
5,965 
Cash at bank and in hand
61,537 
23,187 
62,263 
29,152 
Creditors: amounts falling due within one year
(9,077)
(7,527)
Net current assets
53,186 
21,625 
Total assets less current liabilities
61,281 
31,435 
Provisions for liabilities
Deferred tax
(1,538)
(1,864)
Net assets
59,743 
29,571 
Capital and reserves
Capital contribution reserve
1 
1 
Profit and loss account
59,742 
29,570 
Shareholders' funds
59,743 
29,571 
For the year ending 31 August 2023 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 director acknowledges her 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 and authorised for issue on 18 October 2023 and were signed on its behalf by
Emily Taylor Director Company Registration No. 09161968
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Wight-House Electronics Ltd Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
Wight-House Electronics Ltd is a private company, limited by shares, registered in England and Wales, registration number 09161968. The registered office is Vision Accounting, Fortis House, Westridge Business Park, Ryde, Isle of Wight, PO33 1QT, United Kingdom.
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:
Plant & machinery
25% Straight Line
Fixtures & fittings
25% Straight Line
Computer equipment
33% Straight Line
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 September 2022
3,737 
6,695 
7,335 
17,767 
Additions
631 
- 
421 
1,052 
At 31 August 2023
4,368 
6,695 
7,756 
18,819 
Depreciation
At 1 September 2022
934 
1,867 
5,156 
7,957 
Charge for the year
1,079 
467 
1,221 
2,767 
At 31 August 2023
2,013 
2,334 
6,377 
10,724 
Net book value
At 31 August 2023
2,355 
4,361 
1,379 
8,095 
At 31 August 2022
2,803 
4,828 
2,179 
9,810 
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Wight-House Electronics Ltd Notes to the Accounts for the year ended 31 August 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
5,498 
Accrued income and prepayments
516 
467 
Other debtors
210 
- 
726 
5,965 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
7,685 
1,806 
Other creditors
- 
3,401 
Loans from directors
312 
1,156 
Accruals
1,080 
1,164 
9,077 
7,527 
7
Average number of employees
During the year the average number of employees was 3 (2022: 2).
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