WRB ENERGY LTD

Company Registration Number:
NI618145 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

WRB ENERGY LTD

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Notes

WRB ENERGY LTD

Balance sheet

As at 31 March 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 80,624 101,453
Total fixed assets: 80,624 101,453
Current assets
Stocks: 369,524 99,997
Debtors:   955,651 673,549
Cash at bank and in hand: 32,938 139,995
Total current assets: 1,358,113 913,541
Creditors: amounts falling due within one year: 4 (1,671,493) (1,417,445)
Net current assets (liabilities): (313,380) (503,904)
Total assets less current liabilities: (232,756) (402,451)
Creditors: amounts falling due after more than one year:   (237,246) (367,558)
Total net assets (liabilities): (470,002) (770,009)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (470,102) (770,109)
Shareholders funds: (470,002) (770,009)

The notes form part of these financial statements

WRB ENERGY 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 23 February 2024
and signed on behalf of the board by:

Name: Mr K Beckett
Status: Director

The notes form part of these financial statements

WRB ENERGY 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

WRB ENERGY LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

2. Employees

2023 2022
Average number of employees during the period 23 26

WRB ENERGY LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible Assets

Total
Cost £
At 01 April 2022 355,210
Additions 34,137
Disposals (66,932)
At 31 March 2023 322,415
Depreciation
At 01 April 2022 253,757
Charge for year 54,966
On disposals (66,932)
At 31 March 2023 241,791
Net book value
At 31 March 2023 80,624
At 31 March 2022 101,453

WRB ENERGY LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Creditors: amounts falling due within one year note

GC Factoring Limited held a fixed and floating charge over the assets of the company until the charge was satisfied on 22 May 2023.Santander UK Plc hold a fixed and floating charge over the assets of the company.