Company Registration No. 03923468 (England and Wales)
WDA Machine Knives Limited
Unaudited accounts
for the year ended 31 December 2023
WDA Machine Knives Limited
Unaudited accounts
Contents
WDA Machine Knives Limited
Company Information
for the year ended 31 December 2023
Company Number
03923468 (England and Wales)
Registered Office
Unit 14c, Orgreave Close
Dore Industrial Estate
Sheffield
S13 9NP
Accountants
Yasmin McBride Limited
60a Birley Moor Road
Sheffield
S12 4WD
WDA Machine Knives Limited
Statement of financial position
as at 31 December 2023
Tangible assets
227,906
150,270
Cash at bank and in hand
13,535
15,403
Creditors: amounts falling due within one year
(277,775)
(280,328)
Net current liabilities
(29,475)
(26,806)
Total assets less current liabilities
198,431
123,464
Creditors: amounts falling due after more than one year
(129,032)
(110,238)
Called up share capital
810
810
Profit and loss account
68,589
12,416
Shareholders' funds
69,399
13,226
For the year ending 31 December 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 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 17 September 2024 and were signed on its behalf by
Paul Harris
Director
Company Registration No. 03923468
WDA Machine Knives Limited
Notes to the Accounts
for the year ended 31 December 2023
WDA Machine Knives Limited is a private company, limited by shares, registered in England and Wales, registration number 03923468. The registered office is Unit 14c, Orgreave Close, Dore Industrial Estate, Sheffield, S13 9NP.
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:
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Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 January 2023
(1,888)
411,043
5,495
480
4,186
419,316
Additions
-
127,665
-
-
-
127,665
At 31 December 2023
(1,888)
538,708
5,495
480
4,186
546,981
At 1 January 2023
(1,888)
266,022
3,348
224
1,340
269,046
Charge for the year
-
49,084
387
46
512
50,029
At 31 December 2023
(1,888)
315,106
3,735
270
1,852
319,075
At 31 December 2023
-
223,602
1,760
210
2,334
227,906
At 31 December 2022
-
145,021
2,147
256
2,846
150,270
WDA Machine Knives Limited
Notes to the Accounts
for the year ended 31 December 2023
Amounts falling due within one year
Trade debtors
180,765
159,619
Accrued income and prepayments
-
27,500
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
140,593
199,685
Trade creditors
58,850
34,508
Taxes and social security
50,967
28,759
Loans from directors
26,995
15,183
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Creditors: amounts falling due after more than one year
2023
2022
Bank loans
129,032
110,238
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Average number of employees
During the year the average number of employees was 18 (2022: 18).