W&D FOODS LTD

Company Registration Number:
12582893 (England and Wales)

Unaudited abridged accounts for the year ended 31 July 2023

Period of accounts

Start date: 01 August 2022

End date: 31 July 2023

W&D FOODS LTD

Contents of the Financial Statements

for the Period Ended 31 July 2023

Balance sheet
Notes

W&D FOODS LTD

Balance sheet

As at 31 July 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 112,283 145,429
Total fixed assets: 112,283 145,429
Current assets
Stocks: 3,500 3,500
Debtors:   181,286 29,082
Cash at bank and in hand: 58,033 31,903
Total current assets: 242,819 64,485
Creditors: amounts falling due within one year: 4 (242,190) (148,300)
Net current assets (liabilities): 629 (83,815)
Total assets less current liabilities: 112,912 61,614
Creditors: amounts falling due after more than one year: 5 (71,471) (59,678)
Total net assets (liabilities): 41,441 1,936
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 41,341 1,836
Shareholders funds: 41,441 1,936

The notes form part of these financial statements

W&D FOODS LTD

Balance sheet statements

For the year ending 31 July 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 06 March 2024
and signed on behalf of the board by:

Name: Ms T S Hung
Status: Director

The notes form part of these financial statements

W&D FOODS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration, received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.Revenue from sale of goods is recognised when the significant risks and rewards of ownership have transferred to buyer, usually on despatch of goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible fixed assets and depreciation policy

Depreciation is provided at the rates calculated to write off the cost less residual value of each asset over its expected useful life as follows:Motor vehicles --- 25% reducing balanceFixtures, fittings & equipment -25% reducing balance

W&D FOODS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

2. Employees

2023 2022
Average number of employees during the period 20 9

W&D FOODS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

3. Tangible Assets

Total
Cost £
At 01 August 2022 217,874
At 31 July 2023 217,874
Depreciation
At 01 August 2022 72,445
Charge for year 33,146
At 31 July 2023 105,591
Net book value
At 31 July 2023 112,283
At 31 July 2022 145,429

W&D FOODS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Creditors: amounts falling due within one year note

Bank Loan 4947 Corporation tax 69252Social security and other taxes 152368Other creditors 15623

W&D FOODS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2023

5. Creditors: amounts falling due after more than one year note

Other creditors 71471