1 July 2022 false Taxfiler 2023.10 12042574business:PrivateLimitedCompanyLtd2022-07-012023-06-30 120425742022-06-30 120425742022-07-012023-06-30 12042574business:AuditExempt-NoAccountantsReport2022-07-012023-06-30 12042574business:FilletedAccounts2022-07-012023-06-30 120425742023-06-30 12042574business:Director12022-07-012023-06-30 12042574business:Director22022-07-012023-06-30 12042574business:Director32022-07-012023-06-30 12042574business:RegisteredOffice2022-07-012023-06-30 120425742022-06-30 12042574core:WithinOneYear2023-06-30 12042574core:WithinOneYear2022-06-30 12042574core:AfterOneYear2023-06-30 12042574core:AfterOneYear2022-06-30 12042574core:ShareCapitalcore:PreviouslyStatedAmount2023-06-30 12042574core:ShareCapitalcore:PreviouslyStatedAmount2022-06-30 12042574core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-06-30 12042574core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-06-30 12042574core:PreviouslyStatedAmount2023-06-30 12042574core:PreviouslyStatedAmount2022-06-30 12042574business:SmallEntities2022-07-012023-06-30 12042574countries:EnglandWales2022-07-012023-06-30 12042574core:PlantMachinery2022-07-012023-06-30 12042574core:MotorVehicles2022-07-012023-06-30 12042574core:FurnitureFittings2022-07-012023-06-30 12042574core:ComputerEquipment2022-07-012023-06-30 12042574core:PlantMachinery2022-06-30 12042574core:MotorVehicles2022-06-30 12042574core:FurnitureFittings2022-06-30 12042574core:ComputerEquipment2022-06-30 12042574core:PlantMachinery2023-06-30 12042574core:MotorVehicles2023-06-30 12042574core:FurnitureFittings2023-06-30 12042574core:ComputerEquipment2023-06-30 12042574core:LandBuildings2022-07-012023-06-30 120425742021-07-012022-06-30 iso4217:GBP xbrli:pure
Company Registration No. 12042574 (England and Wales)
WCT Smart Utility Services Limited Unaudited accounts for the year ended 30 June 2023
WCT Smart Utility Services Limited Unaudited accounts Contents
Page
- 2 -
WCT Smart Utility Services Limited Company Information for the year ended 30 June 2023
Directors
Andrew Clarke Brendon Taylor James Warren
Company Number
12042574 (England and Wales)
Registered Office
35 HAVERHILL GROVE BARNSLEY S73 0DY UNITED KINGDOM
Accountants
RJE Consulting 6 Farrow Close Dodworth Barnsley South Yorkshire S75 3TB
- 3 -
WCT Smart Utility Services Limited Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
165,093 
147,781 
Current assets
Inventories
8,971 
6,698 
Debtors
453,044 
473,704 
Cash at bank and in hand
372,440 
61,576 
834,455 
541,978 
Creditors: amounts falling due within one year
(291,600)
(275,918)
Net current assets
542,855 
266,060 
Total assets less current liabilities
707,948 
413,841 
Creditors: amounts falling due after more than one year
(98,130)
(118,298)
Provisions for liabilities
Deferred tax
(19,830)
(15,690)
Net assets
589,988 
279,853 
Capital and reserves
Called up share capital
3 
3 
Profit and loss account
589,985 
279,850 
Shareholders' funds
589,988 
279,853 
For the year ending 30 June 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 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 14 August 2023 and were signed on its behalf by
Brendon Taylor Director Company Registration No. 12042574
- 4 -
WCT Smart Utility Services Limited Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
WCT Smart Utility Services Limited is a private company, limited by shares, registered in England and Wales, registration number 12042574. The registered office is 35 HAVERHILL GROVE, BARNSLEY, S73 0DY, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
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
18%
Motor vehicles
18%
Fixtures & fittings
18%
Computer equipment
18%
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
- 5 -
WCT Smart Utility Services Limited Notes to the Accounts for the year ended 30 June 2023
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 July 2022
49,242 
159,550 
4,151 
7,347 
220,290 
Additions
42,828 
59,569 
16,862 
1,443 
120,702 
Disposals
- 
(86,669)
- 
- 
(86,669)
At 30 June 2023
92,070 
132,450 
21,013 
8,790 
254,323 
Depreciation
At 1 July 2022
6,610 
64,080 
464 
1,355 
72,509 
Charge for the year
12,050 
1,892 
1,375 
1,404 
16,721 
At 30 June 2023
18,660 
65,972 
1,839 
2,759 
89,230 
Net book value
At 30 June 2023
73,410 
66,478 
19,174 
6,031 
165,093 
At 30 June 2022
42,632 
95,470 
3,687 
5,992 
147,781 
Due to proximity of the building purchase to year end Directors feel the fair value is accurate within the accounts.
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
251,826 
212,330 
Accrued income and prepayments
172,119 
93,677 
Other debtors
29,099 
167,697 
453,044 
473,704 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
61,956 
49,690 
Trade creditors
91,183 
119,893 
Taxes and social security
133,994 
103,481 
Loans from directors
3,717 
2,104 
Accruals
750 
750 
291,600 
275,918 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
41,692 
47,648 
Obligations under finance leases and hire purchase contracts
56,438 
70,650 
98,130 
118,298 
8
Average number of employees
During the year the average number of employees was 34 (2022: 34).
- 6 -