1 July 2022 false No description of principal activity Taxfiler 2023.15 SC568941business:PrivateLimitedCompanyLtd2022-07-012023-06-30 SC5689412022-06-30 SC5689412022-07-012023-06-30 SC568941business:AuditExemptWithAccountantsReport2022-07-012023-06-30 SC568941business:FilletedAccounts2022-07-012023-06-30 SC5689412023-06-30 SC568941business:Director12022-07-012023-06-30 SC568941business:RegisteredOffice2022-07-012023-06-30 SC5689412022-06-30 SC568941core:WithinOneYear2023-06-30 SC568941core:WithinOneYear2022-06-30 SC568941core:AfterOneYear2023-06-30 SC568941core:AfterOneYear2022-06-30 SC568941core:ShareCapitalcore:PreviouslyStatedAmount2023-06-30 SC568941core:ShareCapitalcore:PreviouslyStatedAmount2022-06-30 SC568941core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-06-30 SC568941core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-06-30 SC568941core:PreviouslyStatedAmount2023-06-30 SC568941core:PreviouslyStatedAmount2022-06-30 SC568941business:SmallEntities2022-07-012023-06-30 SC568941countries:Scotland2022-07-012023-06-30 SC568941core:PlantMachinery2022-07-012023-06-30 SC568941core:PlantMachinery2022-06-30 SC568941core:PlantMachinery2023-06-30 SC5689412021-07-012022-06-30 iso4217:GBP xbrli:pure
Company Registration No. SC568941 (Scotland)
WS Trading Limited Unaudited accounts for the year ended 30 June 2023
WS Trading Limited Unaudited accounts Contents
Page
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WS Trading Limited Company Information for the year ended 30 June 2023
Director
Xiaonan Yang
Company Number
SC568941 (Scotland)
Registered Office
75 WEST STREET GLASGOW G5 8BA SCOTLAND
Accountants
SK and Co 3rd Floor, St. Georges Building 5 St. Vincent Place Glasgow G1 2DH
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WS Trading Limited Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
501 
590 
Current assets
Inventories
39,506 
48,712 
Debtors
17,272 
15,501 
Cash at bank and in hand
11,305 
4,374 
68,083 
68,587 
Creditors: amounts falling due within one year
(9,076)
(31,294)
Net current assets
59,007 
37,293 
Total assets less current liabilities
59,508 
37,883 
Creditors: amounts falling due after more than one year
(32,870)
(30,000)
Net assets
26,638 
7,883 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
26,538 
7,783 
Shareholders' funds
26,638 
7,883 
For the year ending 30 June 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 25 March 2024 and were signed on its behalf by
Xiaonan Yang Director Company Registration No. SC568941
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WS Trading Limited Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
WS Trading Limited is a private company, limited by shares, registered in Scotland, registration number SC568941. The registered office is 75 WEST STREET, GLASGOW, G5 8BA, SCOTLAND.
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.
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:
Plant & machinery
15% Reducing Balance
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 July 2022
1,154 
At 30 June 2023
1,154 
Depreciation
At 1 July 2022
564 
Charge for the year
89 
At 30 June 2023
653 
Net book value
At 30 June 2023
501 
At 30 June 2022
590 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
11,651 
15,501 
Accrued income and prepayments
1,100 
- 
Other debtors
4,521 
- 
17,272 
15,501 
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WS Trading Limited Notes to the Accounts for the year ended 30 June 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
5,556 
13,102 
VAT
2,520 
(1,251)
Taxes and social security
- 
3,507 
Other creditors
(1,150)
- 
Loans from directors
- 
14,686 
Accruals
2,150 
1,250 
9,076 
31,294 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
32,870 
30,000 
8
Average number of employees
During the year the average number of employees was 4 (2022: 5).
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