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REGISTERED NUMBER: 03564725 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2023

for

WRC Computer Services Limited

WRC Computer Services Limited (Registered number: 03564725)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


WRC Computer Services Limited

Company Information
for the Year Ended 31 July 2023







DIRECTOR: Ms D J Campbell





SECRETARY:





REGISTERED OFFICE: Apollo House
Whitehills Business Park
Hallam Way
Blackpool
Lancashire
FY4 5FS





REGISTERED NUMBER: 03564725 (England and Wales)





ACCOUNTANTS: Nixon Williams Limited
Apollo House
Hallam Way
Whitehills Business Park
Blackpool
FY4 5FS

WRC Computer Services Limited (Registered number: 03564725)

Balance Sheet
31 July 2023

31/7/23 31/7/22
Notes £    £    £    £   
FIXED ASSETS
Investments 4 66,874 105,162

CURRENT ASSETS
Debtors 5 - 16
Cash at bank 163,331 203,879
163,331 203,895
CREDITORS
Amounts falling due within one year 6 313 602
NET CURRENT ASSETS 163,018 203,293
TOTAL ASSETS LESS CURRENT
LIABILITIES

229,892

308,455

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 7 (710 ) 29,841
Retained earnings 230,502 278,514
229,892 308,455

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 March 2024 and were signed by:



Ms D J Campbell - Director


WRC Computer Services Limited (Registered number: 03564725)

Notes to the Financial Statements
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

WRC Computer Services Limited 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.

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 as modified by the revaluation of certain assets.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 August 2022 105,162
Additions 23,163
Disposals (30,900 )
Revaluations (30,551 )
At 31 July 2023 66,874
NET BOOK VALUE
At 31 July 2023 66,874
At 31 July 2022 105,162

WRC Computer Services Limited (Registered number: 03564725)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

4. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 31 July 2023 is represented by:

Other
investments
£   
Valuation in 2021 78,768
Valuation in 2022 (62,185 )
16,583

** TOTAL SHOWN ON CLIENT SCREEN - REVALUATION ANALYSIS - DOES NOT AGREE TO TOTAL OF FIXED ASSET 'COST' ACCOUNT HELD AT END OF YEAR IN RESPECT OF
UNLISTED INVESTMENTS

'COST' ACCOUNT TOTAL
Cost/valuation b/f 105,162
Additions 23,163
Disposals (30,900 )
Revaluations (30,551 )
66,874

CLIENT SCREEN TOTAL = -


If fixed asset investments had not been revalued they would have been included at the following historical cost:

31/7/23 31/7/22
£    £   
Cost 88,579 88,579

fixed asset investments were valued on an open market basis on 31 July 2022 by GPIM Ltd .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/7/23 31/7/22
£    £   
Trade debtors - 16

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/7/23 31/7/22
£    £   
Trade creditors 1 16
Other creditors 312 586
313 602

WRC Computer Services Limited (Registered number: 03564725)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

7. RESERVES
Revaluation
reserve
£   
At 1 August 2022 29,841
SoCIE line item with acc967/31 (30,551 )

At 31 July 2023 (710 )