IRIS Accounts Production v23.4.0.336 13599164 Board of Directors Board of Directors Board of Directors 1.10.22 30.9.23 30.9.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh135991642022-09-30135991642023-09-30135991642022-10-012023-09-30135991642021-09-01135991642021-09-022022-09-30135991642022-09-3013599164ns15:EnglandWales2022-10-012023-09-3013599164ns14:PoundSterling2022-10-012023-09-3013599164ns10:Director12022-10-012023-09-3013599164ns10:Director22022-10-012023-09-3013599164ns10:Director32022-10-012023-09-3013599164ns10:PrivateLimitedCompanyLtd2022-10-012023-09-3013599164ns10:SmallEntities2022-10-012023-09-3013599164ns10:AuditExempt-NoAccountantsReport2022-10-012023-09-3013599164ns10:SmallCompaniesRegimeForDirectorsReport2022-10-012023-09-3013599164ns10:SmallCompaniesRegimeForAccounts2022-10-012023-09-3013599164ns10:FullAccounts2022-10-012023-09-3013599164ns10:OrdinaryShareClass12022-10-012023-09-3013599164ns10:CompanySecretary12022-10-012023-09-3013599164ns10:RegisteredOffice2022-10-012023-09-3013599164ns5:CurrentFinancialInstruments2023-09-3013599164ns5:CurrentFinancialInstruments2022-09-3013599164ns5:Non-currentFinancialInstruments2023-09-3013599164ns5:Non-currentFinancialInstruments2022-09-3013599164ns5:ShareCapital2023-09-3013599164ns5:ShareCapital2022-09-3013599164ns5:RetainedEarningsAccumulatedLosses2023-09-3013599164ns5:RetainedEarningsAccumulatedLosses2022-09-3013599164ns5:PlantMachinery2022-10-012023-09-3013599164ns5:MotorVehicles2022-10-012023-09-3013599164ns5:ComputerEquipment2022-10-012023-09-3013599164ns5:PlantMachinery2022-09-3013599164ns5:MotorVehicles2022-09-3013599164ns5:ComputerEquipment2022-09-3013599164ns5:PlantMachinery2023-09-3013599164ns5:MotorVehicles2023-09-3013599164ns5:ComputerEquipment2023-09-3013599164ns5:PlantMachinery2022-09-3013599164ns5:MotorVehicles2022-09-3013599164ns5:ComputerEquipment2022-09-3013599164ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-09-3013599164ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-09-3013599164ns10:OrdinaryShareClass12023-09-30
REGISTERED NUMBER: 13599164 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30 September 2023

for

Wsd Fire & Electrical Ltd

Wsd Fire & Electrical Ltd (Registered number: 13599164)






Contents of the Financial Statements
for the year ended 30 September 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Wsd Fire & Electrical Ltd

Company Information
for the year ended 30 September 2023







DIRECTORS: S L Dodson
B South
L A Wellings





SECRETARY: L A Wellings





REGISTERED OFFICE: Unit 8
Basepoint Business Centre
Isidore Road
Bromsgrove
Worcestershire
B60 3ET





REGISTERED NUMBER: 13599164 (England and Wales)





ACCOUNTANTS: Pinfields Limited
Chartered Accountants
Meryll House
57 Worcester Road
Bromsgrove
Worcestershire
B61 7DN

Wsd Fire & Electrical Ltd (Registered number: 13599164)

Balance Sheet
30 September 2023

30.9.23 30.9.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 300,475 37,723

CURRENT ASSETS
Stocks 60,024 7,267
Debtors 5 337,797 203,097
Cash at bank 106,157 73,251
503,978 283,615
CREDITORS
Amounts falling due within one year 6 270,520 142,221
NET CURRENT ASSETS 233,458 141,394
TOTAL ASSETS LESS CURRENT
LIABILITIES

533,933

179,117

CREDITORS
Amounts falling due after more than one
year

7

(235,590

)

(32,502

)

PROVISIONS FOR LIABILITIES (75,119 ) (9,431 )
NET ASSETS 223,224 137,184

Wsd Fire & Electrical Ltd (Registered number: 13599164)

Balance Sheet - continued
30 September 2023

30.9.23 30.9.22
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 9 3 3
Retained earnings 223,221 137,181
SHAREHOLDERS' FUNDS 223,224 137,184

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 March 2024 and were signed on its behalf by:




L A Wellings - Director S L Dodson - Director




B South - Director


Wsd Fire & Electrical Ltd (Registered number: 13599164)

Notes to the Financial Statements
for the year ended 30 September 2023

1. STATUTORY INFORMATION

Wsd Fire & Electrical Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Wsd Fire & Electrical Ltd (Registered number: 13599164)

Notes to the Financial Statements - continued
for the year ended 30 September 2023

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2022 - 7 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 October 2022 2,294 47,317 686 50,297
Additions - 316,609 7,686 324,295
At 30 September 2023 2,294 363,926 8,372 374,592
DEPRECIATION
At 1 October 2022 574 11,829 171 12,574
Charge for year 430 60,063 1,050 61,543
At 30 September 2023 1,004 71,892 1,221 74,117
NET BOOK VALUE
At 30 September 2023 1,290 292,034 7,151 300,475
At 30 September 2022 1,720 35,488 515 37,723

Wsd Fire & Electrical Ltd (Registered number: 13599164)

Notes to the Financial Statements - continued
for the year ended 30 September 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Trade debtors 268,385 145,641
Other debtors 1,050 5,461
PAYE Control Account 12,550 28,666
VAT 51,420 23,077
Prepayments 4,392 252
337,797 203,097

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Hire purchase contracts 54,150 9,664
Trade creditors 148,448 14,960
Tax 1,237 53,552
Other creditors 57,104 -
Pension Fund 1,821 699
Directors' current accounts 4,670 63,346
Accrued expenses 3,090 -
270,520 142,221

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.9.23 30.9.22
£    £   
Hire purchase contracts 235,590 32,502

8. SECURED DEBTS

The following secured debts are included within creditors:

30.9.23 30.9.22
£    £   
Hire purchase contracts 289,740 42,166

Amounts owing on hire purchase are secured on the assets concerned.

Wsd Fire & Electrical Ltd (Registered number: 13599164)

Notes to the Financial Statements - continued
for the year ended 30 September 2023

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.23 30.9.22
value: £    £   
3 Ordinary £1 3 3