WAYNE DOUGLAS ENGINEERING LTD

Company Registration Number:
08246370 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2023

Period of accounts

Start date: 01 November 2022

End date: 31 October 2023

WAYNE DOUGLAS ENGINEERING LTD

Contents of the Financial Statements

for the Period Ended 31 October 2023

Balance sheet
Notes

WAYNE DOUGLAS ENGINEERING LTD

Balance sheet

As at 31 October 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 194,713 176,443
Total fixed assets: 194,713 176,443
Current assets
Debtors:   219,090 60,884
Cash at bank and in hand: 231,825 174,625
Total current assets: 450,915 235,509
Creditors: amounts falling due within one year:   (55,054) (57,569)
Net current assets (liabilities): 395,861 177,940
Total assets less current liabilities: 590,574 354,383
Creditors: amounts falling due after more than one year:   (15,231) (25,964)
Total net assets (liabilities): 575,343 328,419
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 575,342 328,418
Shareholders funds: 575,343 328,419

The notes form part of these financial statements

WAYNE DOUGLAS ENGINEERING LTD

Balance sheet statements

For the year ending 31 October 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 29 July 2024
and signed on behalf of the board by:

Name: Wayne Douglas
Status: Director

The notes form part of these financial statements

WAYNE DOUGLAS ENGINEERING LTD

Notes to the Financial Statements

for the Period Ended 31 October 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 represents the total invoice value, excluding value added tax of sales made during the year.

Tangible fixed assets and depreciation policy

Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows: - Plant and machinery - 20% straight line

WAYNE DOUGLAS ENGINEERING LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

2. Employees

2023 2022
Average number of employees during the period 4 4

WAYNE DOUGLAS ENGINEERING LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Tangible Assets

Total
Cost £
At 01 November 2022 481,191
Additions 64,661
Disposals (12,000)
At 31 October 2023 533,852
Depreciation
At 01 November 2022 304,748
Charge for year 39,191
On disposals (4,800)
At 31 October 2023 339,139
Net book value
At 31 October 2023 194,713
At 31 October 2022 176,443