WEST MIDLANDS SPECTRUM LTD

Company Registration Number:
07905308 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2024

Period of accounts

Start date: 1 February 2023

End date: 31 January 2024

WEST MIDLANDS SPECTRUM LTD

Contents of the Financial Statements

for the Period Ended 31 January 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

WEST MIDLANDS SPECTRUM LTD

Directors' report period ended 31 January 2024

The directors present their report with the financial statements of the company for the period ended 31 January 2024

Directors

The director shown below has held office during the whole of the period from
1 February 2023 to 31 January 2024

Antoine Assaf


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
1 February 2024

And signed on behalf of the board by:
Name: Antoine Assaf
Status: Director

WEST MIDLANDS SPECTRUM LTD

Profit And Loss Account

for the Period Ended 31 January 2024

2024 2023


£

£
Turnover: 94,662 93,793
Cost of sales: ( 22,919 ) ( 13,350 )
Gross profit(or loss): 71,743 80,443
Administrative expenses: ( 31,819 ) ( 46,840 )
Operating profit(or loss): 39,924 33,603
Profit(or loss) before tax: 39,924 33,603
Tax: ( 7,586 ) ( 6,385 )
Profit(or loss) for the financial year: 32,338 27,218

WEST MIDLANDS SPECTRUM LTD

Balance sheet

As at 31 January 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 0 1,405
Total fixed assets: 0 1,405
Current assets
Stocks: 4 1,754 0
Cash at bank and in hand: 27,501 28,186
Total current assets: 29,255 28,186
Creditors: amounts falling due within one year: 5 ( 7,586 ) ( 11,699 )
Net current assets (liabilities): 21,669 16,487
Total assets less current liabilities: 21,669 17,892
Provision for liabilities: ( 10,000 )
Total net assets (liabilities): 11,669 17,892
Capital and reserves
Called up share capital: 1,000 1,000
Other reserves: 20,827 29,388
Profit and loss account: (10,158 ) (12,496 )
Total Shareholders' funds: 11,669 17,892

The notes form part of these financial statements

WEST MIDLANDS SPECTRUM LTD

Balance sheet statements

For the year ending 31 January 2024 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 1 February 2024
and signed on behalf of the board by:

Name: Antoine Assaf
Status: Director

The notes form part of these financial statements

WEST MIDLANDS SPECTRUM LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Office equipment depreciation set to 20% per annum.

WEST MIDLANDS SPECTRUM LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 1

WEST MIDLANDS SPECTRUM LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 February 2023 1,405 1,405
Additions
Disposals ( 1,405 ) ( 1,405 )
Revaluations
Transfers
At 31 January 2024 0 0
Depreciation
At 1 February 2023
Charge for year
On disposals
Other adjustments
At 31 January 2024
Net book value
At 31 January 2024 0 0
At 31 January 2023 1,405 1,405

WEST MIDLANDS SPECTRUM LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Stocks

2024 2023
£ £
Stocks 1,754 0
Total 1,754 0

WEST MIDLANDS SPECTRUM LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 7,586 11,699
Total 7,586 11,699