Company Registration No. 11691215 (England and Wales)
Willboag Ltd
Unaudited accounts
for the year ended 30 November 2023
Willboag Ltd
Unaudited accounts
Contents
Willboag Ltd
Statement of financial position
as at 30 November 2023
Tangible assets
52,270
49,707
Cash at bank and in hand
182,117
107,905
Creditors: amounts falling due within one year
(474,834)
(173,848)
Net current assets
578,174
118,131
Total assets less current liabilities
630,444
167,838
Creditors: amounts falling due after more than one year
(26,641)
(36,641)
Net assets
603,803
131,197
Called up share capital
10
10
Profit and loss account
603,793
131,187
Shareholders' funds
603,803
131,197
For the year ending 30 November 2023 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 9 July 2024 and were signed on its behalf by
Mr William Aboagye
Director
Company Registration No. 11691215
Willboag Ltd
Notes to the Accounts
for the year ended 30 November 2023
Willboag Ltd is a private company, limited by shares, registered in England and Wales, registration number 11691215. The registered office is Suite 44 Millmead Business Centre, Mill Mead Road, London, N17 9QU, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% Straightline
Fixtures & fittings
20% Straightline
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 December 2022
69,497
16,805
86,302
Additions
18,200
6,637
24,837
At 30 November 2023
87,697
23,442
111,139
At 1 December 2022
28,405
8,190
36,595
Charge for the year
18,449
3,825
22,274
At 30 November 2023
46,854
12,015
58,869
At 30 November 2023
40,843
11,427
52,270
At 30 November 2022
41,092
8,615
49,707
Willboag Ltd
Notes to the Accounts
for the year ended 30 November 2023
Amounts falling due within one year
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
11,664
4,171
Taxes and social security
235,816
90,656
Other creditors
227,354
79,021
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 29 (2022: 29).