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REGISTERED NUMBER: 07934959 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

WRTECH LIMITED

WRTECH LIMITED (Registered number: 07934959)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WRTECH LIMITED

Company Information
for the Year Ended 28 February 2023







DIRECTOR: P J Wilson-Roberts





SECRETARY:





REGISTERED OFFICE: 8 Swanmore Road
Bournemouth
Dorset
BH7 6PA





REGISTERED NUMBER: 07934959 (England and Wales)





ACCOUNTANTS: Richard Baker & Co.
The Gatehouse
Wick Drive
New Milton
Hampshire
BH25 6SJ

WRTECH LIMITED (Registered number: 07934959)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 41,414 54,354

CURRENT ASSETS
Cash at bank 77,117 88,296

CREDITORS
Amounts falling due within one year 5 64,438 97,560
NET CURRENT ASSETS/(LIABILITIES) 12,679 (9,264 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

54,093

45,090

CREDITORS
Amounts falling due after more than one
year

6

(16,334

)

(25,935

)

PROVISIONS FOR LIABILITIES (7,869 ) (4,432 )
NET ASSETS 29,890 14,723

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 29,889 14,722
SHAREHOLDERS' FUNDS 29,890 14,723

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

WRTECH LIMITED (Registered number: 07934959)

Balance Sheet - continued
28 February 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 November 2023 and were signed by:





P J Wilson-Roberts - Director


WRTECH LIMITED (Registered number: 07934959)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

WRTECH LIMITED is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Equipment at 15% per annum reducing balance
Motor Vehicles at 25% per annum reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

WRTECH LIMITED (Registered number: 07934959)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 March 2022 5,434 58,377 63,811
Additions 406 - 406
At 28 February 2023 5,840 58,377 64,217
DEPRECIATION
At 1 March 2022 2,620 6,837 9,457
Charge for year 483 12,863 13,346
At 28 February 2023 3,103 19,700 22,803
NET BOOK VALUE
At 28 February 2023 2,737 38,677 41,414
At 28 February 2022 2,814 51,540 54,354

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Taxation and social security 34,533 21,745
Other creditors 29,905 75,815
64,438 97,560

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.2.23 28.2.22
£    £   
Hire purchase contracts - 25,935
Other creditors 16,334 -
16,334 25,935