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REGISTERED NUMBER: 13585220 (England and Wales)









Unaudited Financial Statements

for the Year Ended 30 November 2023

for

WS Digital Freight Ltd

WS Digital Freight Ltd (Registered number: 13585220)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Balance Sheet 1

Notes to the Financial Statements 2


WS Digital Freight Ltd (Registered number: 13585220)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 10,480 15,552

CURRENT ASSETS
Debtors 5 1,559,697 665,247
Cash at bank 172,501 11,435
1,732,198 676,682
CREDITORS
Amounts falling due within one year 6 (1,523,199 ) (603,372 )
NET CURRENT ASSETS 208,999 73,310
TOTAL ASSETS LESS CURRENT LIABILITIES 219,479 88,862

CAPITAL AND RESERVES
Called up share capital 100 100
Share premium 279,901 280,000
Retained earnings (60,522 ) (191,238 )
219,479 88,862

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 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.

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 7 August 2024 and were signed on its behalf by:





Mr E J Stobart - Director


WS Digital Freight Ltd (Registered number: 13585220)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

WS Digital Freight Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 13585220

Registered office: Griffin House, Lyncastle Way
Barley Castle Trading Estate
Appleton
Warrington
Cheshire
WA4 4ST

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, net of VAT and trade discounts.

When the outcome of a transaction can be estimated reliably, turnover from services is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to finalisation of work completed.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

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 - 33% on cost
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current 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 taxation assets and liabilities are not discounted.

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 balance sheet date.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2022 - 6 ) .

WS Digital Freight Ltd (Registered number: 13585220)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 December 2022 1,600 20,154 21,754
Additions - 1,140 1,140
At 30 November 2023 1,600 21,294 22,894
DEPRECIATION
At 1 December 2022 489 5,713 6,202
Charge for year 533 5,679 6,212
At 30 November 2023 1,022 11,392 12,414
NET BOOK VALUE
At 30 November 2023 578 9,902 10,480
At 30 November 2022 1,111 14,441 15,552

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors 1,401,684 648,872
Amounts owed by group undertakings - 99
Other debtors 158,013 16,276
1,559,697 665,247

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans and overdrafts 326,434 160,420
Trade creditors 1,040,839 429,532
Taxation and social security 111,682 7,653
Other creditors 44,244 5,767
1,523,199 603,372

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
30.11.23 30.11.22
£    £   
Within one year - 25,485