Company Registration No. 11286121 (England and Wales)
W B ENGINEERING LOWESTOFT LIMITED
Unaudited accounts
for the year ended 30 April 2024
W B ENGINEERING LOWESTOFT LIMITED
Unaudited accounts
Contents
W B ENGINEERING LOWESTOFT LIMITED
Company Information
for the year ended 30 April 2024
Company Number
11286121 (England and Wales)
Registered Office
41 Kingswood Avenue
Carlton Colville
Lowestoft
Suffolk
NR33 8BZ
England
Accountants
P Lacey & Associates Ltd
Office 17
2 Regent House
Lowestoft
NR32 1PA
W B ENGINEERING LOWESTOFT LIMITED
Statement of financial position
as at 30 April 2024
Tangible assets
2,195
2,743
Cash at bank and in hand
1,310
1,561
Creditors: amounts falling due within one year
(8,848)
(7,509)
Net current liabilities
(1,962)
(3,448)
Net assets/(liabilities)
233
(705)
Called up share capital
1
1
Profit and loss account
232
(706)
Shareholders' funds
233
(705)
For the year ending 30 April 2024 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 28 July 2024 and were signed on its behalf by
Wayne Beer
Director
Company Registration No. 11286121
W B ENGINEERING LOWESTOFT LIMITED
Notes to the Accounts
for the year ended 30 April 2024
W B ENGINEERING LOWESTOFT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11286121. The registered office is 41 Kingswood Avenue, Carlton Colville, Lowestoft, Suffolk, NR33 8BZ, 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:
Plant & machinery
Reducing Balance of 20%
Motor vehicles
Reducing Balance of 20%
Computer equipment
Reducing Balance of 20%
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2023
1,500
6,000
699
8,199
At 30 April 2024
1,500
6,000
699
8,199
At 1 May 2023
1,009
4,034
413
5,456
Charge for the year
98
393
57
548
At 30 April 2024
1,107
4,427
470
6,004
At 30 April 2024
393
1,573
229
2,195
At 30 April 2023
491
1,966
286
2,743
Amounts falling due within one year
W B ENGINEERING LOWESTOFT LIMITED
Notes to the Accounts
for the year ended 30 April 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
8,162
6,681
Loans from directors
61
203
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Overdrawn Directors Loan Account
2,500
2,300
-
4,800
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).