Registered number
12130403
250 WPR Ltd
Unaudited Filleted Accounts
31 July 2023
250 WPR Ltd
Registered number: 12130403
Balance Sheet
as at 31 July 2023
Notes 2023 2022
£ £
Current assets
Stocks 540,876 133,522
Debtors 3 63,314 71,496
Cash at bank and in hand 39,712 2,304
643,902 207,322
Creditors: amounts falling due within one year 4 (559,891) (94,897)
Net current assets 84,011 112,425
Net assets 84,011 112,425
Capital and reserves
Called up share capital 2 2
Profit and loss account 84,009 112,423
Shareholders' funds 84,011 112,425
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
J C Bishop
Director
Approved by the board on 30 July 2024
250 WPR Ltd
Notes to the Accounts
for the year ended 31 July 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price).
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current year.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 2 2
3 Debtors 2023 2022
£ £
Trade debtors 63,314 61,825
Loans - 9,671
63,314 71,496
4 Creditors: amounts falling due within one year 2023 2022
£ £
Bank loans and overdrafts 32,327 42,901
Trade creditors 514,999 13,433
Taxation and social security costs (854) 33,345
Other creditors 13,419 5,218
559,891 94,897
5 Other information
250 WPR Ltd is a private company limited by shares and incorporated in England and Wales. Its registered office is:
74 Wyndham Crescent
Cardiff
CF11 9EF
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