2022-11-01 12264644 2023-10-31 12264644 2022-11-01 2023-10-31 12264644 2022-10-31 12264644 2021-11-01 2022-10-31 12264644 uk-core:WithinOneYear 2022-10-31 12264644 uk-core:WithinOneYear 2023-10-31 12264644 uk-core:AfterOneYear 2022-10-31 12264644 uk-core:AfterOneYear 2023-10-31 12264644 uk-core:ShareCapital 2023-10-31 12264644 uk-core:ShareCapital 2022-10-31 12264644 uk-core:RetainedEarningsAccumulatedLosses 2023-10-31 12264644 uk-core:RetainedEarningsAccumulatedLosses 2022-10-31 12264644 uk-bus:Director1 2022-11-01 2023-10-31 12264644 uk-core:PlantMachinery 2022-11-01 2023-10-31 12264644 uk-core:ComputerEquipment 2022-11-01 2023-10-31 12264644 uk-core:MotorCars 2022-11-01 2023-10-31 12264644 uk-core:ComputerEquipment 2022-10-31 12264644 uk-core:MotorCars 2022-10-31 12264644 uk-core:PlantMachinery 2022-10-31 12264644 uk-core:PlantMachinery 2023-10-31 12264644 uk-core:MotorCars 2023-10-31 12264644 uk-core:ComputerEquipment 2023-10-31 12264644 uk-core:WithinOneYear uk-core:Secured 2023-10-31 12264644 uk-core:WithinOneYear uk-core:Secured 2022-10-31 iso4217:GBP xbrli:pure 12264644 uk-bus:AuditExemptWithAccountantsReport 2022-11-01 2023-10-31 12264644 uk-bus:FRS102 2022-11-01 2023-10-31 12264644 uk-bus:FilletedAccounts 2022-11-01 2023-10-31 12264644 uk-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31
Wsb Developments Limited
Registered Number:12264644
For the year ended 31 October 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 October 2023
Wsb Developments Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
12264644
As at 31 October 2023
Wsb Developments Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
157,668
18,461
2
157,668
18,461
Current assets
Inventories
1,210,495
1,180,001
3
Trade and other receivables
54,534
21,631
4
14,160
Cash and cash equivalents
8,180
1,209,812
1,279,189
Trade and other payables: amounts falling due within one
year
(833,687)
(227,419)
5
445,502
982,393
Net current assets
Total assets less current liabilities
1,140,061
463,963
Trade and other payables: amounts falling due after more
than one year
(180,781)
(654,982)
6
485,079
Net assets
283,182
Capital and reserves
Called up share capital
200
200
Retained earnings
484,879
282,982
485,079
283,182
Shareholders' funds
For the year ended 31 October 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 of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Alex Schuler Director
These financial statements were approved and authorised for issue by the Board on 14 February 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 October 2023
Wsb Developments Limited
Notes to the Financial Statements
Statutory Information
Wsb Developments Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 12264644.
Registered address:
9 Mckee Drive
Tacolneston
Tacolneston
Norfolk
NR16 1BW
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
25 Reducing balance
25 Reducing balance
Computer Equipment
25 Reducing balance
Motor Vehicles
2. Property, plant and equipment
Total
Computer
Equipment
Motor Vehicles
Plant and
Machinery
£
£
£
£
Cost or
valuation
At 01 November 2022
24,615
3,415
-
21,200
191,763
-
191,763
-
Additions
At 31 October 2023
21,200
191,763
3,415
216,378
Provision for depreciation and impairment
At 01 November 2022
6,154
854
-
5,300
Charge for year
52,556
640
47,941
3,975
At 31 October 2023
58,710
1,494
47,941
9,275
At 31 October 2023
Net book value
11,925
143,822
1,921
157,668
At 31 October 2022
15,900
-
2,561
18,461
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5
For the year ended 31 October 2023
Wsb Developments Limited
Notes to the Financial Statements Continued
3. Inventories
2022
2023
£
£
Stocks
1,180,001
1,210,495
4. Trade and other receivables
2022
2023
£
£
Other debtors
21,631
54,534
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Bank loans and overdraft (secured)
87,074
541,985
Trade creditors
29,592
138,653
Amounts owed to group undertaking and undertaking in which the
company has a participating interest
54,000
45,000
Taxation and social security
55,733
84,884
Other creditors
1,020
23,165
227,419
833,687
6. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Other creditors
654,982
180,781
7. Average number of persons employed
During the year the average number of employees was 3 (2022 : 3)
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