0 false false false false false false false false false false true false false false false false false No description of principal activity 2022-04-01 Sage Accounts Production Advanced 2023 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 01931322 2022-04-01 2023-03-26 01931322 2023-03-26 01931322 2022-03-31 01931322 2021-04-01 2022-03-31 01931322 2022-03-31 01931322 2021-03-31 01931322 core:LandBuildings core:OwnedOrFreeholdAssets 2022-04-01 2023-03-26 01931322 core:FurnitureFittings 2022-04-01 2023-03-26 01931322 bus:Director1 2022-04-01 2023-03-26 01931322 core:LandBuildings 2023-03-26 01931322 core:FurnitureFittings 2023-03-26 01931322 core:AfterOneYear 2023-03-26 01931322 core:AfterOneYear 2022-03-31 01931322 core:WithinOneYear 2023-03-26 01931322 core:WithinOneYear 2022-03-31 01931322 core:ShareCapital 2023-03-26 01931322 core:ShareCapital 2022-03-31 01931322 core:RetainedEarningsAccumulatedLosses 2023-03-26 01931322 core:RetainedEarningsAccumulatedLosses 2022-03-31 01931322 bus:SmallEntities 2022-04-01 2023-03-26 01931322 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-26 01931322 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-26 01931322 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-26 01931322 bus:FullAccounts 2022-04-01 2023-03-26
COMPANY REGISTRATION NUMBER: 01931322
W.C.S. (PROFESSIONAL SERVICES) LIMITED
FILLETED UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
26 March 2023
W.C.S. (PROFESSIONAL SERVICES) LIMITED
STATEMENT OF FINANCIAL POSITION
26 March 2023
26 Mar 23
31 Mar 22
Note
£
£
£
CURRENT ASSETS
Debtors
5
308,216
207,192
Cash at bank and in hand
1,909
5,303
---------
---------
310,125
212,495
CREDITORS: amounts falling due within one year
6
( 127,796)
( 85,596)
---------
---------
NET CURRENT ASSETS
182,329
126,899
---------
---------
TOTAL ASSETS LESS CURRENT LIABILITIES
182,329
126,899
CREDITORS: amounts falling due after more than one year
7
( 19,750)
( 26,599)
---------
---------
NET ASSETS
162,579
100,300
---------
---------
CAPITAL AND RESERVES
Called up share capital
100
100
Profit and loss account
162,479
100,200
---------
---------
SHAREHOLDERS FUNDS
162,579
100,300
---------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the period ending 26 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
W.C.S. (PROFESSIONAL SERVICES) LIMITED
STATEMENT OF FINANCIAL POSITION (continued)
26 March 2023
These financial statements were approved by the board of directors and authorised for issue on 2 September 2024 , and are signed on behalf of the board by:
J. I. Wine
Director
Company registration number: 01931322
W.C.S. (PROFESSIONAL SERVICES) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
PERIOD FROM 1 APRIL 2022 TO 26 MARCH 2023
1. GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 20-22 Bridge End, Leeds, West Yorkshire, LS1 4DJ.
2. STATEMENT OF COMPLIANCE
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
The turnover shown in the profit and loss account represents amounts of services recognised during the year, exclusive of Value Added Tax.
Income tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Office Improvements
-
15% reducing balance
Fixtures and fittings
-
15% reducing balance
4. TANGIBLE ASSETS
Office Improvements
Fixtures and fittings
Total
£
£
£
Cost
At 1 April 2022 and 26 March 2023
7,744
5,356
13,100
-------
-------
--------
Depreciation
At 1 April 2022 and 26 March 2023
7,744
5,356
13,100
-------
-------
--------
Carrying amount
At 26 March 2023
-------
-------
--------
At 31 March 2022
-------
-------
--------
5. DEBTORS
26 Mar 23
31 Mar 22
£
£
Trade debtors
260,810
156,593
Other debtors
47,406
50,599
---------
---------
308,216
207,192
---------
---------
6. CREDITORS: amounts falling due within one year
26 Mar 23
31 Mar 22
£
£
Corporation tax
33,796
19,188
Social security and other taxes
20,000
2,128
Other creditors
74,000
64,280
---------
--------
127,796
85,596
---------
--------
7. CREDITORS: amounts falling due after more than one year
26 Mar 23
31 Mar 22
£
£
Bank loans and overdrafts
19,750
26,599
--------
--------