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REGISTERED NUMBER: 07995711 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1ST JULY 2023 TO 31ST JANUARY 2024

FOR

THE WASTE COMPANY (UK) LIMITED

THE WASTE COMPANY (UK) LIMITED (REGISTERED NUMBER: 07995711)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1ST JULY 2023 TO 31ST JANUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THE WASTE COMPANY (UK) LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1ST JULY 2023 TO 31ST JANUARY 2024







DIRECTORS: R Groome
S J McClafferty





REGISTERED OFFICE: Manufactory House
Bell Lane
Hertford
Hertfordshire
SG14 1BP





REGISTERED NUMBER: 07995711 (England and Wales)





ACCOUNTANTS: Cook & Partners Limited
Manufactory House
Bell Lane
Hertford
Hertfordshire
SG14 1BP

THE WASTE COMPANY (UK) LIMITED (REGISTERED NUMBER: 07995711)

BALANCE SHEET
31ST JANUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 14,829 13,725

CURRENT ASSETS
Debtors 5 229,231 268,994
Cash at bank and in hand 123,227 132,579
352,458 401,573
CREDITORS
Amounts falling due within one year 6 277,361 342,837
NET CURRENT ASSETS 75,097 58,736
TOTAL ASSETS LESS CURRENT
LIABILITIES

89,926

72,461

PROVISIONS FOR LIABILITIES 2,818 2,608
NET ASSETS 87,108 69,853

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 87,008 69,753
87,108 69,853

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st January 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st January 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

THE WASTE COMPANY (UK) LIMITED (REGISTERED NUMBER: 07995711)

BALANCE SHEET - continued
31ST JANUARY 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30th July 2024 and were signed on its behalf by:





S J McClafferty - Director


THE WASTE COMPANY (UK) LIMITED (REGISTERED NUMBER: 07995711)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1ST JULY 2023 TO 31ST JANUARY 2024

1. STATUTORY INFORMATION

The Waste Company (UK) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Going concern justification
The directors have assessed various factors and risks affecting the company and its ability in these difficult economic times to continue to trade as a going concern. The directors have not identified any material uncertainties or risks related to events or conditions that could affect the carrying values of the company's assets and liabilities as at the balance sheet date. Therefore the financial statements for the year ended 31st January 2024 have been prepared using the going concern basis of accounting.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Computer equipment - 20% on cost

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 (2023 - 4 ) .

THE WASTE COMPANY (UK) LIMITED (REGISTERED NUMBER: 07995711)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1ST JULY 2023 TO 31ST JANUARY 2024

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1st July 2023 20,610 11,795 32,405
Additions 4,040 - 4,040
At 31st January 2024 24,650 11,795 36,445
DEPRECIATION
At 1st July 2023 13,962 4,718 18,680
Charge for period 1,560 1,376 2,936
At 31st January 2024 15,522 6,094 21,616
NET BOOK VALUE
At 31st January 2024 9,128 5,701 14,829
At 30th June 2023 6,648 7,077 13,725

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 211,822 258,709
Other debtors 1,450 1,450
Prepayments 15,959 8,835
229,231 268,994

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 199,670 286,135
Tax 11,704 7,511
Social security and other taxes (4 ) 1,070
VAT 13,898 11,089
Other creditors 42,243 25,859
Directors' current accounts - 100
Accrued expenses 9,850 11,073
277,361 342,837