Company Registration No. SC459403 (Scotland)
Wee Print Limited
Unaudited accounts
for the year ended 30 November 2023
Wee Print Limited
Unaudited accounts
Contents
Wee Print Limited
Company Information
for the year ended 30 November 2023
Director
Jennifer Johnston
Company Number
SC459403 (Scotland)
Registered Office
18 Fenton Street
Alloa
Clackmannanshire
FK10 2DU
Accountants
Caldwell Accountancy Services
Alloa Business Centre
Whins Road
Alloa
Clackmannanshire
FK10 3SA
Wee Print Limited
Statement of financial position
as at 30 November 2023
Tangible assets
1,880
2,304
Cash at bank and in hand
11,339
14,087
Creditors: amounts falling due within one year
(7,604)
(14,275)
Net current assets
13,206
6,131
Total assets less current liabilities
15,086
8,435
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
14,648
7,920
Shareholders' funds
14,748
8,020
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 her 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 August 2024 and were signed on its behalf by
Jennifer Johnston
Director
Company Registration No. SC459403
Wee Print Limited
Notes to the Accounts
for the year ended 30 November 2023
Wee Print Limited is a private company, limited by shares, registered in Scotland, registration number SC459403. The registered office is 18 Fenton Street, Alloa, Clackmannanshire, FK10 2DU.
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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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
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:
Fixtures & fittings
15% reducing balance
Computer equipment
15% - 33% reducing balance
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Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 December 2022
3,100
3,338
6,438
At 30 November 2023
3,100
3,338
6,438
At 1 December 2022
2,382
1,752
4,134
Charge for the year
108
316
424
At 30 November 2023
2,490
2,068
4,558
At 30 November 2023
610
1,270
1,880
At 30 November 2022
718
1,586
2,304
Wee Print Limited
Notes to the Accounts
for the year ended 30 November 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
5,180
2,202
Loans from directors
-
9,479
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors loan account
(9,479)
37,598
27,942
177
The overdrawn directors loan account was repaid within 9 months of the year end. The balance is sown in other debtors and creditors respectively.
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Average number of employees
During the year the average number of employees was 1 (2022: 1).