1 December 2022 false No description of principal activity Taxfiler 2023.14 12295282business:PrivateLimitedCompanyLtd2022-12-012024-02-29 122952822022-11-30 122952822022-12-012024-02-29 12295282business:AuditExemptWithAccountantsReport2022-12-012024-02-29 12295282business:FilletedAccounts2022-12-012024-02-29 122952822024-02-29 122952822022-11-30 12295282core:WithinOneYear2024-02-29 12295282core:WithinOneYear2022-11-30 12295282core:AfterOneYear2024-02-29 12295282core:AfterOneYear2022-11-30 12295282core:ShareCapitalcore:PreviouslyStatedAmount2024-02-29 12295282core:ShareCapitalcore:PreviouslyStatedAmount2022-11-30 12295282core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 12295282core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-11-30 12295282core:PreviouslyStatedAmount2024-02-29 12295282core:PreviouslyStatedAmount2022-11-30 12295282business:SmallEntities2022-12-012024-02-29 12295282business:Director12022-12-012024-02-29 12295282countries:EnglandWales2022-12-012024-02-29 12295282business:RegisteredOffice2022-12-012024-02-29 12295282core:MotorVehicles2022-12-012024-02-29 12295282core:ComputerEquipment2022-12-012024-02-29 12295282core:MotorVehicles2022-11-30 12295282core:ComputerEquipment2022-11-30 12295282core:MotorVehicles2024-02-29 12295282core:ComputerEquipment2024-02-29 122952822021-12-012022-11-30 iso4217:GBP xbrli:pure
Company Registration No. 12295282 (England and Wales)
Waite & Green Electrical Services Ltd Unaudited accounts for the period from 1 December 2022 to 29 February 2024
Waite & Green Electrical Services Ltd Statement of financial position as at 29 February 2024
2024 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
8,729 
12,489 
Current assets
Debtors
997 
54,452 
Cash at bank and in hand
15 
(2,290)
1,012 
52,162 
Creditors: amounts falling due within one year
(13,198)
(36,108)
Net current (liabilities)/assets
(12,186)
16,054 
Total assets less current liabilities
(3,457)
28,543 
Creditors: amounts falling due after more than one year
- 
(28,161)
Net (liabilities)/assets
(3,457)
382 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(3,459)
380 
Shareholders' funds
(3,457)
382 
For the period ending 29 February 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 12 March 2024 and were signed on its behalf by
P D Waite Director Company Registration No. 12295282
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Waite & Green Electrical Services Ltd Notes to the Accounts for the period from 1 December 2022 to 29 February 2024
1
Statutory information
Waite & Green Electrical Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 12295282. The registered office is 4 Rawson Villas, Jubilee Avenue, Rustington, West Sussex, BN16 3NE, United Kingdom.
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 period, 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.
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:
Motor vehicles
25% straight line
Computer equipment
25% straight line
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 December 2022
17,970 
499 
18,469 
At 29 February 2024
17,970 
499 
18,469 
Depreciation
At 1 December 2022
5,689 
291 
5,980 
Charge for the period
3,594 
166 
3,760 
At 29 February 2024
9,283 
457 
9,740 
Net book value
At 29 February 2024
8,687 
42 
8,729 
At 30 November 2022
12,281 
208 
12,489 
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Waite & Green Electrical Services Ltd Notes to the Accounts for the period from 1 December 2022 to 29 February 2024
5
Debtors
2024 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
3,820 
Other debtors
997 
50,632 
997 
54,452 
6
Creditors: amounts falling due within one year
2024 
2022 
£ 
£ 
Bank loans and overdrafts
2,641 
4,695 
VAT
- 
2,189 
Obligations under finance leases and hire purchase contracts
2,450 
- 
Trade creditors
- 
14,257 
Taxes and social security
1,420 
14,967 
Other creditors
5,485 
- 
Loans from directors
1,202 
- 
13,198 
36,108 
7
Creditors: amounts falling due after more than one year
2024 
2022 
£ 
£ 
Bank loans
- 
20,148 
Obligations under finance leases and hire purchase contracts
- 
8,013 
- 
28,161 
8
Average number of employees
During the period the average number of employees was 2 (2022: 2).
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