Company Registration No. SC589420 (Scotland)
WIBB LIMITED
Unaudited accounts
for the year ended 28 February 2023
WIBB LIMITED
Unaudited accounts
Contents
WIBB LIMITED
Company Information
for the year ended 28 February 2023
Company Number
SC589420 (Scotland)
Registered Office
2/2 26 STRONE ROAD
GLASGOW
G33 3NR
UNITED KINGDOM
WIBB LIMITED
Statement of financial position
as at 28 February 2023
Cash at bank and in hand
242
2,939
Creditors: amounts falling due within one year
(842)
(5,603)
Net current liabilities
(600)
(2,664)
Net assets/(liabilities)
158
(2,339)
Called up share capital
10
10
Profit and loss account
148
(2,349)
Shareholders' funds
158
(2,339)
For the year ending 28 February 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 13 November 2023 and were signed on its behalf by
Anne Obi
Director
Company Registration No. SC589420
WIBB LIMITED
Notes to the Accounts
for the year ended 28 February 2023
WIBB LIMITED is a private company, limited by shares, registered in Scotland, registration number SC589420. The registered office is 2/2 26 STRONE ROAD, GLASGOW, G33 3NR, 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.
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:
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 March 2022
332
403
735
At 28 February 2023
332
1,003
1,335
At 1 March 2022
332
78
410
Charge for the year
-
167
167
At 28 February 2023
332
245
577
At 28 February 2023
-
758
758
At 28 February 2022
-
325
325
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
363
-
Loans from directors
(1)
5,123
WIBB LIMITED
Notes to the Accounts
for the year ended 28 February 2023
6
Average number of employees
During the year the average number of employees was 1 (2022: 1).