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REGISTERED NUMBER: 12271614 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 NOVEMBER 2022 TO 29 FEBRUARY 2024

FOR

WAST0 LTD

WAST0 LTD (REGISTERED NUMBER: 12271614)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 NOVEMBER 2022 TO 29 FEBRUARY 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


WAST0 LTD

COMPANY INFORMATION
FOR THE PERIOD 1 NOVEMBER 2022 TO 29 FEBRUARY 2024







DIRECTORS: Mr C Molnar
Mrs B Molnar





REGISTERED OFFICE: Eden House
Two Rivers Business Park
Witney
Oxfordshire
OX28 4BL





BUSINESS ADDRESS: 63 Mirfield Road
Witney
Oxfordshire
OX28 5BH





REGISTERED NUMBER: 12271614 (England and Wales)





ACCOUNTANTS: Bronsens
Chartered Certified Accountants
Eden House
Two Rivers Business Park
Witney
Oxfordshire
OX28 4BL

WAST0 LTD (REGISTERED NUMBER: 12271614)

STATEMENT OF FINANCIAL POSITION
29 FEBRUARY 2024

29.2.24 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 8,018

CURRENT ASSETS
Stocks - 10,800
Debtors 5 - 16,101
Cash at bank and in hand - 20,843
- 47,744
CREDITORS
Amounts falling due within one year 6 8,207 17,916
NET CURRENT (LIABILITIES)/ASSETS (8,207 ) 29,828
TOTAL ASSETS LESS CURRENT
LIABILITIES

(8,207

)

37,846

CREDITORS
Amounts falling due after more than one
year

7

-

(24,000

)

PROVISIONS FOR LIABILITIES 8 - (1,523 )
NET (LIABILITIES)/ASSETS (8,207 ) 12,323

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings (8,209 ) 12,321
SHAREHOLDERS' FUNDS (8,207 ) 12,323

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 February 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.

WAST0 LTD (REGISTERED NUMBER: 12271614)

STATEMENT OF FINANCIAL POSITION - continued
29 FEBRUARY 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 August 2024 and were signed on its behalf by:





Mr C Molnar - Director


WAST0 LTD (REGISTERED NUMBER: 12271614)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 NOVEMBER 2022 TO 29 FEBRUARY 2024

1. STATUTORY INFORMATION

Wast0 Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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.
Fixtures and fittings - 25% on reducing balance
Computer equipment - Straight line over 3 years

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

WAST0 LTD (REGISTERED NUMBER: 12271614)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 NOVEMBER 2022 TO 29 FEBRUARY 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 November 2022 18,025 666 18,691
Disposals (18,025 ) (666 ) (18,691 )
At 29 February 2024 - - -
DEPRECIATION
At 1 November 2022 10,007 666 10,673
Eliminated on disposal (10,007 ) (666 ) (10,673 )
At 29 February 2024 - - -
NET BOOK VALUE
At 29 February 2024 - - -
At 31 October 2022 8,018 - 8,018

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 31.10.22
£    £   
Trade debtors - 1
Other debtors - 12,600
Prepayments - 3,500
- 16,101

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 31.10.22
£    £   
Bank loans and overdrafts - 9,000
Trade creditors - 1,374
Tax - (523 )
Social security and other taxes (2 ) 9
Wages 161 -
VAT - 229
Other creditors - 33
Directors' current accounts 6,363 6,216
Accrued expenses 1,685 1,578
8,207 17,916

WAST0 LTD (REGISTERED NUMBER: 12271614)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 NOVEMBER 2022 TO 29 FEBRUARY 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
29.2.24 31.10.22
£    £   
Bank loans - 1-2 years - 9,000
Bank loans - 2-5 years - 15,000
- 24,000

8. PROVISIONS FOR LIABILITIES
29.2.24 31.10.22
£    £   
Deferred tax
Accelerated capital allowances - 1,523

Deferred
tax
£   
Balance at 1 November 2022 1,523
Balance at 29 February 2024 1,523

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29.2.24 31.10.22
value: £    £   
2 Ordinary £1 2 2