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Company Registration No. 07823486 (England and Wales)
W P PIPELINES LTD Unaudited accounts for the year ended 31 October 2023
W P PIPELINES LTD Unaudited accounts Contents
Page
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W P PIPELINES LTD Company Information for the year ended 31 October 2023
Directors
Mr Mark Pearce Mr Simon Whitby
Company Number
07823486 (England and Wales)
Registered Office
UNIT 5 HARDWICK LANE IND EST SUTTON IN ASHFIELD SUTTON-IN-ASHFIELD NOTTINGHAMSHIRE NG17 5DQ ENGLAND
Accountants
BFS Accountants Ltd The Willows Southwell Road West Mansfield Nottinghamshire NG21 0HJ
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W P PIPELINES LTD Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
45,499 
57,956 
Current assets
Inventories
55,000 
55,000 
Debtors
59,745 
47,819 
Cash at bank and in hand
12,956 
7,220 
127,701 
110,039 
Creditors: amounts falling due within one year
(65,907)
(70,540)
Net current assets
61,794 
39,499 
Total assets less current liabilities
107,293 
97,455 
Creditors: amounts falling due after more than one year
(9,441)
(14,894)
Provisions for liabilities
Deferred tax
(13,671)
(13,671)
Net assets
84,181 
68,890 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
84,179 
68,888 
Shareholders' funds
84,181 
68,890 
For the year ending 31 October 2023 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 18 March 2024 and were signed on its behalf by
Mr Mark Pearce Director Company Registration No. 07823486
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W P PIPELINES LTD Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
W P PIPELINES LTD is a private company, limited by shares, registered in England and Wales, registration number 07823486. The registered office is UNIT 5 HARDWICK LANE IND EST, SUTTON IN ASHFIELD, SUTTON-IN-ASHFIELD, NOTTINGHAMSHIRE, NG17 5DQ, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
5 Years
Motor vehicles
5 Years
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2022
145,144 
107,800 
252,944 
Additions
- 
2,188 
2,188 
At 31 October 2023
145,144 
109,988 
255,132 
Depreciation
At 1 November 2022
121,495 
73,493 
194,988 
Charge for the year
8,167 
6,478 
14,645 
At 31 October 2023
129,662 
79,971 
209,633 
Net book value
At 31 October 2023
15,482 
30,017 
45,499 
At 31 October 2022
23,649 
34,307 
57,956 
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W P PIPELINES LTD Notes to the Accounts for the year ended 31 October 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
59,745 
47,972 
Amounts falling due after more than one year
Other debtors
- 
(153)
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
5,000 
5,000 
VAT
1,387 
1,271 
Trade creditors
1,316 
1,316 
Taxes and social security
2,168 
9,361 
Loans from directors
54,512 
52,592 
Accruals
1,524 
1,000 
65,907 
70,540 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
9,441 
14,894 
8
Average number of employees
During the year the average number of employees was 8 (2022: 8).
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