WOLF SAFETY LAMP COMPANY LIMITED(THE)

Company Registration Number:
00145428 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2023

Period of accounts

Start date: 01 July 2022

End date: 30 June 2023

WOLF SAFETY LAMP COMPANY LIMITED(THE)

Contents of the Financial Statements

for the Period Ended 30 June 2023

Balance sheet
Notes

WOLF SAFETY LAMP COMPANY LIMITED(THE)

Balance sheet

As at 30 June 2023


Notes

2023

2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 457,056 527,372
Tangible assets: 4 2,220,823 1,854,989
Investments: 5 0 248,994
Total fixed assets: 2,677,879 2,631,355
Current assets
Stocks: 5,834,675 4,780,648
Debtors: 6 1,998,787 1,890,791
Cash at bank and in hand: 4,827,489 5,440,205
Investments:   0 0
Total current assets: 12,660,951 12,111,644
Creditors: amounts falling due within one year: 7 (1,446,843) (1,338,898)
Net current assets (liabilities): 11,214,108 10,772,746
Total assets less current liabilities: 13,891,987 13,404,101
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: (267,526) (217,641)
Total net assets (liabilities): 13,624,461 13,186,460
Capital and reserves
Called up share capital: 14,670 14,670
Share premium account: 0 0
Revaluation reserve:8121,234126,735
Other reserves: 2,000 2,000
Profit and loss account: 13,486,557 13,043,055
Shareholders funds: 13,624,461 13,186,460

The notes form part of these financial statements

WOLF SAFETY LAMP COMPANY LIMITED(THE)

Balance sheet statements

For the year ending 30 June 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 28 September 2023
and signed on behalf of the board by:

Name: Peter O'Connell
Status: Director

The notes form part of these financial statements

WOLF SAFETY LAMP COMPANY LIMITED(THE)

Notes to the Financial Statements

for the Period Ended 30 June 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

WOLF SAFETY LAMP COMPANY LIMITED(THE)

Notes to the Financial Statements

for the Period Ended 30 June 2023

2. Employees

2023 2022
Average number of employees during the period 45 42

WOLF SAFETY LAMP COMPANY LIMITED(THE)

Notes to the Financial Statements

for the Period Ended 30 June 2023

3. Intangible Assets

Total
Cost £
At 01 July 2022 562,530
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 30 June 2023 562,530
Amortisation
At 01 July 2022 35,158
Charge for year 70,316
On disposals 0
Other adjustments 0
At 30 June 2023 105,474
Net book value
At 30 June 2023 457,056
At 30 June 2022 527,372

WOLF SAFETY LAMP COMPANY LIMITED(THE)

Notes to the Financial Statements

for the Period Ended 30 June 2023

4. Tangible Assets

Total
Cost £
At 01 July 2022 4,241,162
Additions 391,561
Disposals (95,177)
Revaluations 0
Transfers 248,994
At 30 June 2023 4,786,540
Depreciation
At 01 July 2022 2,386,173
Charge for year 243,093
On disposals (63,549)
At 30 June 2023 2,565,717
Net book value
At 30 June 2023 2,220,823
At 30 June 2022 1,854,989

WOLF SAFETY LAMP COMPANY LIMITED(THE)

Notes to the Financial Statements

for the Period Ended 30 June 2023

5. Fixed investments

Freehold investment property with a cost at 1 July 2022 of £248,994 was transferred to fixed assets in the year. Closing cost of Freehold investment property at 30 June 2023 was £Nil. The asset was transferred to fixed assets on an open marketing for existing use basis.

WOLF SAFETY LAMP COMPANY LIMITED(THE)

Notes to the Financial Statements

for the Period Ended 30 June 2023

6. Debtors

2023 2022
££
Debtors due after more than one year: 0 0

WOLF SAFETY LAMP COMPANY LIMITED(THE)

Notes to the Financial Statements

for the Period Ended 30 June 2023

7. Creditors: amounts falling due within one year note

2023 Values (£)Trade creditors 701073Corporation tax 123646Other taxation and social security 22959Accruals and deferred income 559165Total 14468432022 Values (£)Trade creditors 482159Corporation tax 94747Other taxation and social security 130074Accruals and deferred income 631918Total 1338898

WOLF SAFETY LAMP COMPANY LIMITED(THE)

Notes to the Financial Statements

for the Period Ended 30 June 2023

8. Revaluation reserve

2023
£
Balance at 01 July 2022 126,735
Surplus or deficit after revaluation (5,501)
Balance at 30 June 2023 121,234