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REGISTERED NUMBER: SC726517 (Scotland)




















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 16 MARCH 2022 TO 31 MARCH 2023

FOR

WD JOINERY & BUILDING CONTRACTS LTD

WD JOINERY & BUILDING CONTRACTS LTD (REGISTERED NUMBER: SC726517)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Period 16 March 2022 to 31 March 2023




Page

Abridged Balance Sheet 1

Notes to the Financial Statements 3


WD JOINERY & BUILDING CONTRACTS LTD (REGISTERED NUMBER: SC726517)

ABRIDGED BALANCE SHEET
31 March 2023

Notes £    £   
FIXED ASSETS
Tangible assets 4 2,448

CURRENT ASSETS
Stocks 215,000
Debtors 31,249
Cash at bank and in hand 2,504
248,753
CREDITORS
Amounts falling due within one year 221,391
NET CURRENT ASSETS 27,362
TOTAL ASSETS LESS CURRENT
LIABILITIES

29,810

CAPITAL AND RESERVES
Called up share capital 2
Retained earnings 29,808
29,810

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 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.

All the members have consented to the preparation of an abridged Balance Sheet for the period ended 31 March 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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

WD JOINERY & BUILDING CONTRACTS LTD (REGISTERED NUMBER: SC726517)

ABRIDGED BALANCE SHEET - continued
31 March 2023



The financial statements were approved by the Board of Directors and authorised for issue on 20 December 2023 and were signed on its behalf by:





W Peoples - Director


WD JOINERY & BUILDING CONTRACTS LTD (REGISTERED NUMBER: SC726517)

NOTES TO THE FINANCIAL STATEMENTS
for the Period 16 March 2022 to 31 March 2023

1. STATUTORY INFORMATION

Wd Joinery & Building Contracts Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address are as below:

Registered number: SC726517

Registered office: 19n Winchester Avenue
Denny
FK6 6QE

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 and revenue recognition
Turnover represents net invoiced sales of goods and services, excluding VAT. Revenue is recognised when goods and services are provided to the customer.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 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 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

WD JOINERY & BUILDING CONTRACTS LTD (REGISTERED NUMBER: SC726517)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 16 March 2022 to 31 March 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 7 .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
Additions 2,500
At 31 March 2023 2,500
DEPRECIATION
Charge for period 52
At 31 March 2023 52
NET BOOK VALUE
At 31 March 2023 2,448