2022-07-012023-06-302023-06-30false12109206WP GRID LIMITED2024-03-0362012iso4217:GBPxbrli:pure121092062022-07-01121092062023-06-30121092062022-07-012023-06-30121092062021-07-01121092062022-06-30121092062021-07-012022-06-3012109206bus:SmallEntities2022-07-012023-06-3012109206bus:AuditExempt-NoAccountantsReport2022-07-012023-06-3012109206bus:FullAccounts2022-07-012023-06-3012109206bus:PrivateLimitedCompanyLtd2022-07-012023-06-3012109206core:WithinOneYear2023-06-3012109206core:AfterOneYear2023-06-3012109206core:WithinOneYear2022-06-3012109206core:AfterOneYear2022-06-3012109206core:ShareCapital2023-06-3012109206core:SharePremium2023-06-3012109206core:RevaluationReserve2023-06-3012109206core:OtherReservesSubtotal2023-06-3012109206core:RetainedEarningsAccumulatedLosses2023-06-3012109206core:ShareCapital2022-06-3012109206core:SharePremium2022-06-3012109206core:RevaluationReserve2022-06-3012109206core:OtherReservesSubtotal2022-06-3012109206core:RetainedEarningsAccumulatedLosses2022-06-3012109206core:LandBuildings2023-06-3012109206core:PlantMachinery2023-06-3012109206core:Vehicles2023-06-3012109206core:FurnitureFittings2023-06-3012109206core:OfficeEquipment2023-06-3012109206core:NetGoodwill2023-06-3012109206core:IntangibleAssetsOtherThanGoodwill2023-06-3012109206core:ListedExchangeTraded2023-06-3012109206core:UnlistedNon-exchangeTraded2023-06-3012109206core:LandBuildings2022-06-3012109206core:PlantMachinery2022-06-3012109206core:Vehicles2022-06-3012109206core:FurnitureFittings2022-06-3012109206core:OfficeEquipment2022-06-3012109206core:NetGoodwill2022-06-3012109206core:IntangibleAssetsOtherThanGoodwill2022-06-3012109206core:ListedExchangeTraded2022-06-3012109206core:UnlistedNon-exchangeTraded2022-06-3012109206core:LandBuildings2022-07-012023-06-3012109206core:PlantMachinery2022-07-012023-06-3012109206core:Vehicles2022-07-012023-06-3012109206core:FurnitureFittings2022-07-012023-06-3012109206core:OfficeEquipment2022-07-012023-06-3012109206core:NetGoodwill2022-07-012023-06-3012109206core:IntangibleAssetsOtherThanGoodwill2022-07-012023-06-3012109206core:ListedExchangeTraded2022-07-012023-06-3012109206core:UnlistedNon-exchangeTraded2022-07-012023-06-3012109206core:MoreThanFiveYears2022-07-012023-06-3012109206core:Non-currentFinancialInstruments2023-06-3012109206core:Non-currentFinancialInstruments2022-06-3012109206dpl:CostSales2022-07-012023-06-3012109206dpl:DistributionCosts2022-07-012023-06-3012109206core:LandBuildings2022-07-012023-06-3012109206core:PlantMachinery2022-07-012023-06-3012109206core:Vehicles2022-07-012023-06-3012109206core:FurnitureFittings2022-07-012023-06-3012109206core:OfficeEquipment2022-07-012023-06-3012109206dpl:AdministrativeExpenses2022-07-012023-06-3012109206core:NetGoodwill2022-07-012023-06-3012109206core:IntangibleAssetsOtherThanGoodwill2022-07-012023-06-3012109206dpl:GroupUndertakings2022-07-012023-06-3012109206dpl:ParticipatingInterests2022-07-012023-06-3012109206dpl:GroupUndertakingscore:ListedExchangeTraded2022-07-012023-06-3012109206core:ListedExchangeTraded2022-07-012023-06-3012109206dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-07-012023-06-3012109206core:UnlistedNon-exchangeTraded2022-07-012023-06-3012109206dpl:CostSales2021-07-012022-06-3012109206dpl:DistributionCosts2021-07-012022-06-3012109206core:LandBuildings2021-07-012022-06-3012109206core:PlantMachinery2021-07-012022-06-3012109206core:Vehicles2021-07-012022-06-3012109206core:FurnitureFittings2021-07-012022-06-3012109206core:OfficeEquipment2021-07-012022-06-3012109206dpl:AdministrativeExpenses2021-07-012022-06-3012109206core:NetGoodwill2021-07-012022-06-3012109206core:IntangibleAssetsOtherThanGoodwill2021-07-012022-06-3012109206dpl:GroupUndertakings2021-07-012022-06-3012109206dpl:ParticipatingInterests2021-07-012022-06-3012109206dpl:GroupUndertakingscore:ListedExchangeTraded2021-07-012022-06-3012109206core:ListedExchangeTraded2021-07-012022-06-3012109206dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-07-012022-06-3012109206core:UnlistedNon-exchangeTraded2021-07-012022-06-3012109206core:NetGoodwill2023-06-3012109206core:IntangibleAssetsOtherThanGoodwill2023-06-3012109206core:LandBuildings2023-06-3012109206core:PlantMachinery2023-06-3012109206core:Vehicles2023-06-3012109206core:FurnitureFittings2023-06-3012109206core:OfficeEquipment2023-06-3012109206core:AfterOneYear2023-06-3012109206core:WithinOneYear2023-06-3012109206core:ListedExchangeTraded2023-06-3012109206core:UnlistedNon-exchangeTraded2023-06-3012109206core:ShareCapital2023-06-3012109206core:SharePremium2023-06-3012109206core:RevaluationReserve2023-06-3012109206core:OtherReservesSubtotal2023-06-3012109206core:RetainedEarningsAccumulatedLosses2023-06-3012109206core:NetGoodwill2022-06-3012109206core:IntangibleAssetsOtherThanGoodwill2022-06-3012109206core:LandBuildings2022-06-3012109206core:PlantMachinery2022-06-3012109206core:Vehicles2022-06-3012109206core:FurnitureFittings2022-06-3012109206core:OfficeEquipment2022-06-3012109206core:AfterOneYear2022-06-3012109206core:WithinOneYear2022-06-3012109206core:ListedExchangeTraded2022-06-3012109206core:UnlistedNon-exchangeTraded2022-06-3012109206core:ShareCapital2022-06-3012109206core:SharePremium2022-06-3012109206core:RevaluationReserve2022-06-3012109206core:OtherReservesSubtotal2022-06-3012109206core:RetainedEarningsAccumulatedLosses2022-06-3012109206core:NetGoodwill2021-07-0112109206core:IntangibleAssetsOtherThanGoodwill2021-07-0112109206core:LandBuildings2021-07-0112109206core:PlantMachinery2021-07-0112109206core:Vehicles2021-07-0112109206core:FurnitureFittings2021-07-0112109206core:OfficeEquipment2021-07-0112109206core:AfterOneYear2021-07-0112109206core:WithinOneYear2021-07-0112109206core:ListedExchangeTraded2021-07-0112109206core:UnlistedNon-exchangeTraded2021-07-0112109206core:ShareCapital2021-07-0112109206core:SharePremium2021-07-0112109206core:RevaluationReserve2021-07-0112109206core:OtherReservesSubtotal2021-07-0112109206core:RetainedEarningsAccumulatedLosses2021-07-0112109206core:AfterOneYear2022-07-012023-06-3012109206core:WithinOneYear2022-07-012023-06-3012109206core:Non-currentFinancialInstrumentscore:CostValuation2022-07-012023-06-3012109206core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-07-012023-06-3012109206core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-07-012023-06-3012109206core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-07-012023-06-3012109206core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-07-012023-06-3012109206core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-07-012023-06-3012109206core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-07-012023-06-3012109206core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-07-012023-06-3012109206core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-07-012023-06-3012109206core:Non-currentFinancialInstrumentscore:CostValuation2023-06-3012109206core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-06-3012109206core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-06-3012109206core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-06-3012109206core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-06-3012109206core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-06-3012109206core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-06-3012109206core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-06-3012109206core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-06-3012109206core:Non-currentFinancialInstrumentscore:CostValuation2022-06-3012109206core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-06-3012109206core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-06-3012109206core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-06-3012109206core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-06-3012109206core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-06-3012109206core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-06-3012109206core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-06-3012109206core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-06-3012109206bus:Director12022-07-012023-06-30

WP GRID LIMITED

Registered Number
12109206
(England and Wales)

Unaudited Financial Statements for the Year ended
30 June 2023

WP GRID LIMITED
Company Information
for the year from 1 July 2022 to 30 June 2023

Director

CORREIA, Jason Paul

Registered Address

483 Green Lanes
London
N13 4BS

Registered Number

12109206 (England and Wales)
WP GRID LIMITED
Balance Sheet as at
30 June 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets3107183
107183
Current assets
Debtors1,3321,878
Cash at bank and on hand19,99137,365
21,32339,243
Creditors amounts falling due within one year4(11,180)(14,205)
Net current assets (liabilities)10,14325,038
Total assets less current liabilities10,25025,221
Net assets10,25025,221
Capital and reserves
Profit and loss account10,25025,221
Shareholders' funds10,25025,221
The financial statements were approved and authorised for issue by the Director on 3 March 2024, and are signed on its behalf by:
CORREIA, Jason Paul
Director
Registered Company No. 12109206
WP GRID LIMITED
Notes to the Financial Statements
for the year ended 30 June 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:
2.Average number of employees

20232022
Average number of employees during the year00
3.Tangible fixed assets

Office Equipment

Total

££
Cost or valuation
At 01 July 221,5091,509
At 30 June 231,5091,509
Depreciation and impairment
At 01 July 221,3261,326
Charge for year7676
At 30 June 231,4021,402
Net book value
At 30 June 23107107
At 30 June 22183183
4.Creditors: amounts due within one year

2023

2022

££
Trade creditors / trade payables1,1161,563
Taxation and social security10,06412,458
Other creditors-184
Total11,18014,205