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Company Registration No. 08162598 (England and Wales)
Waxcrayon Ltd Unaudited accounts for the year ended 29 July 2023
Waxcrayon Ltd Unaudited accounts Contents
Page
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Waxcrayon Ltd Company Information for the year ended 29 July 2023
Directors
Russell Ince Claire Ince
Company Number
08162598 (England and Wales)
Registered Office
4 Cross Street Ryde Isle of Wight PO33 2AD
Accountants
Vision Accounting Fortis House Cothey Way Ryde Isle of Wight PO33 1QT
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Waxcrayon Ltd Statement of financial position as at 29 July 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Inventories
16,528 
11,725 
Debtors
14,035 
487 
30,563 
12,212 
Creditors: amounts falling due within one year
(15,473)
(18,763)
Net current assets/(liabilities)
15,090 
(6,551)
Total assets less current liabilities
15,090 
(6,551)
Creditors: amounts falling due after more than one year
(9,472)
(12,311)
Net assets/(liabilities)
5,618 
(18,862)
Capital and reserves
Called up share capital
6 
6 
Profit and loss account
5,612 
(18,868)
Shareholders' funds
5,618 
(18,862)
For the year ending 29 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 23 April 2024 and were signed on its behalf by
Russell Ince Director Company Registration No. 08162598
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Waxcrayon Ltd Notes to the Accounts for the year ended 29 July 2023
1
Statutory information
Waxcrayon Ltd is a private company, limited by shares, registered in England and Wales, registration number 08162598. The registered office is 4 Cross Street, Ryde, Isle of Wight, PO33 2AD.
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
25% Straight Line
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 30 July 2022
7,318 
At 29 July 2023
7,318 
Depreciation
At 30 July 2022
7,318 
At 29 July 2023
7,318 
Net book value
At 29 July 2023
- 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
59 
487 
Amounts due from group undertakings etc.
13,976 
- 
14,035 
487 
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Waxcrayon Ltd Notes to the Accounts for the year ended 29 July 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
13,565 
15,287 
Trade creditors
144 
- 
Amounts owed to group undertakings and other participating interests
- 
3,024 
Loans from directors
1,464 
152 
Accruals
300 
300 
15,473 
18,763 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
9,472 
12,311 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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