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REGISTERED NUMBER: 14273378 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

3 AUGUST 2022 TO 28 FEBRUARY 2023

FOR

WIRE2BALE LIMITED

WIRE2BALE LIMITED (REGISTERED NUMBER: 14273378)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Period 3 August 2022 to 28 February 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


WIRE2BALE LIMITED

COMPANY INFORMATION
for the Period 3 August 2022 to 28 February 2023







DIRECTORS: B T E Smart
N Walton





REGISTERED OFFICE: Unit 70 Whitbrook Way
Stakehill Industrial Estate
Middleton
United Kingdom
M24 2SS





REGISTERED NUMBER: 14273378 (England and Wales)





ACCOUNTANTS: Fairhurst
Chartered Accountants
Douglas Bank House
Wigan Lane
Wigan
Lancashire
WN1 2TB

WIRE2BALE LIMITED (REGISTERED NUMBER: 14273378)

STATEMENT OF FINANCIAL POSITION
28 February 2023

Notes £   
CURRENT ASSETS
Debtors 4 273,564
Cash at bank 94,499
368,063
CREDITORS
Amounts falling due within one year 5 284,195
NET CURRENT ASSETS 83,868
TOTAL ASSETS LESS CURRENT
LIABILITIES

83,868

CREDITORS
Amounts falling due after more than one
year

6

55,000
NET ASSETS 28,868

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings 28,768
28,868

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

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

The directors acknowledge their 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.

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 Board of Directors and authorised for issue on 28 November 2023 and were signed on its behalf by:



B T E Smart - Director


WIRE2BALE LIMITED (REGISTERED NUMBER: 14273378)

NOTES TO THE FINANCIAL STATEMENTS
for the Period 3 August 2022 to 28 February 2023

1. STATUTORY INFORMATION

Wire2Bale 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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

Taxation
Taxation for the period 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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 period was NIL.

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 273,464
Other debtors 100
273,564

WIRE2BALE LIMITED (REGISTERED NUMBER: 14273378)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 3 August 2022 to 28 February 2023

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 250,723
Taxation and social security 33,472
284,195

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£   
Amounts owed to group undertakings 55,000

7. ULTIMATE CONTROLLING PARTY

The parent company is WICB Group Limited.

In the opinion of the directors, the ultimate controlling party is Mr Ben Smart, by means of his shareholding in the Ultimate Parent company, WICB Holdings Limited.