Company Registration No. 12101765 (England and Wales)
Wax Is Dead Limited
Unaudited accounts
for the year ended 31 July 2023
Wax Is Dead Limited
Unaudited accounts
Contents
Wax Is Dead Limited
Company Information
for the year ended 31 July 2023
Directors
Martin Hackett
Oliver Hopwood
Michael Morris
Company Number
12101765 (England and Wales)
Registered Office
Unit B Tangmere Road
Tangmere
Chichester
West Sussex
PO20 2EU
England
Accountants
Neat Accounting Ltd
The Track
Station Rd
Bognor Regis
West Sussex
PO21 1QF
Wax Is Dead Limited
Statement of financial position
as at 31 July 2023
Tangible assets
4,118
2,360
Cash at bank and in hand
72,296
78,432
Creditors: amounts falling due within one year
(25,092)
(45,736)
Net current assets
52,227
32,696
Called up share capital
96
96
Profit and loss account
56,249
34,960
Shareholders' funds
56,345
35,056
For the year ending 31 July 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 31 July 2023 and were signed on its behalf by
Oliver Hopwood
Director
Company Registration No. 12101765
Wax Is Dead Limited
Notes to the Accounts
for the year ended 31 July 2023
Wax Is Dead Limited is a private company, limited by shares, registered in England and Wales, registration number 12101765. The registered office is Unit B Tangmere Road, Tangmere, Chichester, West Sussex, PO20 2EU, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Motor vehicles
25% Straight Line Basis
Computer equipment
33% Straight Line Basis
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2022
4,500
-
2,178
6,678
Additions
-
3,510
252
3,762
At 31 July 2023
4,500
3,510
2,430
10,440
At 1 August 2022
3,454
-
864
4,318
Charge for the year
675
527
802
2,004
At 31 July 2023
4,129
527
1,666
6,322
At 31 July 2023
371
2,983
764
4,118
At 31 July 2022
1,046
-
1,314
2,360
Amounts falling due within one year
Wax Is Dead Limited
Notes to the Accounts
for the year ended 31 July 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
18,179
6,019
Other creditors
1,024
18,138
Loans from directors
-
9,443
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).