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Company Registration No. 09360275 (England and Wales)
WFM Consulting Solutions LIMITED Unaudited accounts for the year ended 31 March 2023
WFM Consulting Solutions LIMITED Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,551 
1,939 
Current assets
Inventories
- 
9,341 
Debtors
56,603 
13,143 
Cash at bank and in hand
(12,366)
(4,992)
44,237 
17,492 
Creditors: amounts falling due within one year
(29,233)
(39,517)
Net current assets/(liabilities)
15,004 
(22,025)
Net assets/(liabilities)
16,555 
(20,086)
Capital and reserves
Called up share capital
3 
3 
Profit and loss account
16,552 
(20,089)
Shareholders' funds
16,555 
(20,086)
For the year ending 31 March 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 2 February 2024 and were signed on its behalf by
Christopher Siddall Director Company Registration No. 09360275
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WFM Consulting Solutions LIMITED Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
WFM Consulting Solutions LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09360275. The registered office is 16 CHANCET WOOD RISE, SHEFFIELD, S8 7TT, ENGLAND.
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
These financial statements for the year ended 31 March 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2021. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
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:
Fixtures & fittings
25% Reducing Balance
Computer equipment
20% Reducing Balance
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WFM Consulting Solutions LIMITED Notes to the Accounts for the year ended 31 March 2023
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2022
5,739 
At 31 March 2023
5,739 
Depreciation
At 1 April 2022
3,800 
Charge for the year
388 
At 31 March 2023
4,188 
Net book value
At 31 March 2023
1,551 
At 31 March 2022
1,939 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
13,143 
Other debtors
56,603 
- 
56,603 
13,143 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
- 
1,536 
Taxes and social security
28,357 
32,224 
Other creditors
- 
5,685 
Accruals
876 
72 
29,233 
39,517 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
3 Ordinary shares of £1 each
3 
3 
8
Average number of employees
During the year the average number of employees was 1 (2022: 2).
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