Company registration number SC576398 (Scotland)
WICKSEA LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023
WICKSEA LIMITED
CONTENTS
Page
Accountants' report
1
Profit and loss account
2
Balance sheet and notes to the financial statements
3 - 4
WICKSEA LIMITED
REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF WICKSEA LIMITED
- 1 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Wicksea Limited for the year ended 30 September 2023, which comprise the profit and loss account and the balance sheet, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the ICAS we are subject to its ethical and other professional requirements which are detailed at https://icas.com/icas-framework-preparation-of-accounts.
This report is made solely to the board of directors of Wicksea Limited, as a body, in accordance with the terms of our engagement letter dated 31 July 2024. Our work has been undertaken solely to prepare for your approval the financial statements of Wicksea Limited and state those matters that we have agreed to state to the board of directors of Wicksea Limited, as a body, in this report in accordance with the requirements of the ICAS as detailed at https://icas.com/icas-framework-preparation-of-accounts. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Wicksea Limited and its board of directors as a body, for our work or for this report.
It is your duty to ensure that Wicksea Limited has kept adequate accounting records and to prepare statutory financial statements that comply with the requirements of the Companies Act 2006. You consider that Wicksea Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Wicksea Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Wbg Services LLP
6 August 2024
Accountants
168 Bath Street
Glasgow
G2 4TP
WICKSEA LIMITED
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 30 SEPTEMBER 2023
- 2 -
2023
2022
£
£
Turnover
11,480
18,911
Other income
439
Staff costs
(10,835)
(9,833)
Other charges
(383)
(1,653)
Tax
(50)
(1,253)
Profit
212
6,611
WICKSEA LIMITED
BALANCE SHEET
AS AT
30 SEPTEMBER 2023
30 September 2023
- 3 -
2023
2022
£
£
£
£
Current assets
10,486
12,367
Creditors: amounts falling due within one year
(17,945)
(20,038)
Net current liabilities
(7,459)
(7,671)
Net liabilities
(7,459)
(7,671)
Capital and reserves
(7,459)
(7,671)
Notes to the financial statements
1
Director's benefits: advances, credit and guarantees
The company provided the director with a loan.
The amount outstanding at 1st October 2022 was £7,317. A further £519 was advanced during the year leaving £7,836 outstanding at 30th September 2023.
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2023
2022
Number
Number
Employees
1
1
Wicksea Limited is a private company limited by shares incorporated in Scotland. The registered office is Rockside, Locheport, North Uist, Western Isles, HS6 5EU.
For the year ended 30 September 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and the provisions applicable to companies subject to the small companies regime.
WICKSEA LIMITED
BALANCE SHEET (CONTINUED)
AS AT
30 SEPTEMBER 2023
30 September 2023
- 4 -
The financial statements were approved and signed by the director and authorised for issue on 6 August 2024
Alexander Wicks
Director
Company registration number SC576398 (Scotland)