WDS ASSOCIATES LS LTD

Company Registration Number:
13632273 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

WDS ASSOCIATES LS LTD

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Notes

WDS ASSOCIATES LS LTD

Balance sheet

As at 31 March 2023


Notes

2023

6 months to 31 March 2022


£

£
Fixed assets
Tangible assets: 3 3,998 4,997
Total fixed assets: 3,998 4,997
Current assets
Debtors:   0 234
Cash at bank and in hand: 422,578 722
Total current assets: 422,578 956
Creditors: amounts falling due within one year:   (204,710) (8,712)
Net current assets (liabilities): 217,868 (7,756)
Total assets less current liabilities: 221,866 (2,759)
Total net assets (liabilities): 221,866 (2,759)
Capital and reserves
Called up share capital: 4 4
Profit and loss account: 221,862 (2,763)
Shareholders funds: 221,866 (2,759)

The notes form part of these financial statements

WDS ASSOCIATES LS LTD

Balance sheet statements

For the year ending 31 March 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 14 December 2023
and signed on behalf of the board by:

Name: MICHAEL GEORGE DIAMOND
Status: Director

The notes form part of these financial statements

WDS ASSOCIATES LS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents the amount invoiced or otherwise charged by the Company, in the normal course of business, for the services provided, excluding Value Added Tax.

Tangible fixed assets and depreciation policy

Tangible Fixed Assets are included at cost less depreciation and impairment. Depreciation has been computed to write off the cost of tangible fixed assets over their expected useful lives as follows:Office Equipment 20% Reducing Balance

Other accounting policies

DEFERRED TAXATION - Deferred Taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes. Tax deferred or accelerated is accounted for in respect of all material timing differences.LEASING - Property, Plant and Equipment acquired under finance leases or hire purchase contracts are capitalised and depreciated in the same manner as other tangible fixed assets. The related obligations, net of future finance charges, are included in creditors.Rentals payable under operating leases are charged to the income statement on a straight line basis over the period of the lease.

WDS ASSOCIATES LS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

2. Employees

2023 6 months to 31 March 2022
Average number of employees during the period 16 2

WDS ASSOCIATES LS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible Assets

Total
Cost £
At 01 April 2022 5,000
At 31 March 2023 5,000
Depreciation
At 01 April 2022 3
Charge for year 999
At 31 March 2023 1,002
Net book value
At 31 March 2023 3,998
At 31 March 2022 4,997