Registered Number:12264644 |
For the year ended 31 October 2023
England and Wales
Unaudited Financial Statements
For the year ended 31 October 2023
Wsb Developments Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Wsb Developments Limited
Statement of Financial Position
2022
2023
Property, plant and equipment |
157,668
18,461
2
157,668
18,461
1,210,495
1,180,001
3
Trade and other receivables |
54,534
21,631
4
14,160
Cash and cash equivalents |
8,180
1,209,812
1,279,189
Trade and other payables: amounts falling due within one |
year |
(833,687)
(227,419)
5
445,502
982,393
Net current assets
Total assets less current liabilities |
1,140,061
463,963
Trade and other payables: amounts falling due after more |
than one year |
(180,781)
(654,982)
6
485,079
Net assets
283,182
200
200
484,879
282,982
485,079
283,182
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 14 February 2024 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 October 2023
Wsb Developments Limited
Notes to the Financial Statements
Statutory Information
Wsb Developments Limited is a private limited company, limited by shares, domiciled in England and Wales, |
registration number 12264644. |
9 Mckee Drive
Tacolneston
Tacolneston
Norfolk
NR16 1BW
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and Machinery
Computer Equipment
Motor Vehicles
2. Property, plant and equipment |
Motor Vehicles
24,615
3,415
-
21,200
191,763
-
191,763
-
21,200
191,763
3,415
216,378
Provision for depreciation and impairment |
6,154
854
-
5,300
Charge for year
52,556
640
47,941
3,975
58,710
1,494
47,941
9,275
11,925
143,822
1,921
157,668
15,900
-
2,561
18,461
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For the year ended 31 October 2023
Wsb Developments Limited
Notes to the Financial Statements Continued
2022
2023
1,180,001
1,210,495
4. Trade and other receivables |
2022
2023
21,631
54,534
5. Trade and other payables: amounts falling due within one year |
2022
2023
Bank loans and overdraft (secured) |
87,074
541,985
29,592
138,653
Amounts owed to group undertaking and undertaking in which the |
company has a participating interest |
54,000
45,000
Taxation and social security |
55,733
84,884
1,020
23,165
227,419
833,687
6. Trade and other payables: amounts falling due after more than one year |
2022
2023
654,982
180,781
7. Average number of persons employed |
During the year the average number of employees was 3 (2022 : 3)
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