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Company Registration No. 09460921 (England and Wales)
WLX Productions Limited Unaudited accounts for the year ended 28 February 2023
WLX Productions Limited Unaudited accounts Contents
Page
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WLX Productions Limited Company Information for the year ended 28 February 2023
Director
Christopher Wilson
Company Number
09460921 (England and Wales)
Registered Office
Inverallen Forge Road Kingsley Hampshire GU35 9LW
Accountants
M A Accountancy Group Wolfe Mead Farnham Road Bordon Hampshire GU35 0NH
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WLX Productions Limited Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
126,260 
125,440 
Current assets
Debtors
42,721 
30,005 
Cash at bank and in hand
19,082 
5,380 
61,803 
35,385 
Creditors: amounts falling due within one year
(33,299)
(21,040)
Net current assets
28,504 
14,345 
Total assets less current liabilities
154,764 
139,785 
Creditors: amounts falling due after more than one year
(19,331)
(27,331)
Provisions for liabilities
Deferred tax
(15,269)
(18,865)
Net assets
120,164 
93,589 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
120,064 
93,489 
Shareholders' funds
120,164 
93,589 
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 his 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 20 November 2023 and were signed on its behalf by
Christopher Wilson Director Company Registration No. 09460921
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WLX Productions Limited Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
WLX Productions Limited is a private company, limited by shares, registered in England and Wales, registration number 09460921. The registered office is Inverallen, Forge Road, Kingsley, Hampshire, GU35 9LW.
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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
Motor vehicles
20% reducing balance
Computer equipment
20% reducing balance
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 is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset. Deferred tax assets and liabilities are not discounted.
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.
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WLX Productions Limited Notes to the Accounts for the year ended 28 February 2023
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2022
262,702 
23,733 
7,045 
293,480 
Additions
27,703 
- 
2,112 
29,815 
At 28 February 2023
290,405 
23,733 
9,157 
323,295 
Depreciation
At 1 March 2022
146,637 
16,786 
4,617 
168,040 
Charge for the year
27,006 
1,389 
600 
28,995 
At 28 February 2023
173,643 
18,175 
5,217 
197,035 
Net book value
At 28 February 2023
116,762 
5,558 
3,940 
126,260 
At 28 February 2022
116,065 
6,947 
2,428 
125,440 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
42,721 
29,919 
Other debtors
- 
86 
42,721 
30,005 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
8,000 
7,999 
Trade creditors
12 
12 
Taxes and social security
12,443 
77 
Other creditors
11,500 
- 
Loans from directors
644 
12,352 
Accruals
700 
600 
33,299 
21,040 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
19,331 
27,331 
8
Controlling party
The company is controlled by Mr C Wilson who is the sole shareholder of the company.
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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