Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 06008841 Liam Gafoor Wesley Begley Joel Whittaker Karen Whittaker iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06008841 2022-12-31 06008841 2023-12-31 06008841 2023-01-01 2023-12-31 06008841 frs-core:Non-currentFinancialInstruments 2023-12-31 06008841 frs-core:BetweenOneFiveYears 2023-12-31 06008841 frs-core:MotorVehicles 2023-01-01 2023-12-31 06008841 frs-core:PlantMachinery 2023-01-01 2023-12-31 06008841 frs-core:WithinOneYear 2023-12-31 06008841 frs-core:ShareCapital 2023-12-31 06008841 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 06008841 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 06008841 frs-bus:AbridgedAccounts 2023-01-01 2023-12-31 06008841 frs-bus:SmallEntities 2023-01-01 2023-12-31 06008841 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 06008841 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 06008841 frs-bus:Director1 2023-01-01 2023-12-31 06008841 frs-bus:Director2 2023-01-01 2023-12-31 06008841 frs-bus:Director3 2023-01-01 2023-12-31 06008841 frs-bus:Director4 2023-01-01 2023-12-31 06008841 frs-countries:EnglandWales 2023-01-01 2023-12-31 06008841 2021-12-31 06008841 2022-12-31 06008841 2022-01-01 2022-12-31 06008841 frs-core:Non-currentFinancialInstruments 2022-12-31 06008841 frs-core:BetweenOneFiveYears 2022-12-31 06008841 frs-core:WithinOneYear 2022-12-31 06008841 frs-core:ShareCapital 2022-12-31 06008841 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 06008841
W J B Distribution Limited
ABRIDGED Financial Statements
For The Year Ended 31 December 2023
Financial Statements
Contents
Page
Abridged Statement of Financial Position 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Statement of Financial Position
Registered number: 06008841
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 314,603 339,712
314,603 339,712
CURRENT ASSETS
Debtors 706,829 589,057
Cash at bank and in hand 1,365,047 982,107
2,071,876 1,571,164
Creditors: Amounts Falling Due Within One Year (544,679 ) (411,730 )
NET CURRENT ASSETS (LIABILITIES) 1,527,197 1,159,434
TOTAL ASSETS LESS CURRENT LIABILITIES 1,841,800 1,499,146
Creditors: Amounts Falling Due After More Than One Year (36,955 ) (25,813 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (69,296 ) (63,663 )
NET ASSETS 1,735,549 1,409,670
CAPITAL AND RESERVES
Called up share capital 6 112 112
Income Statement 1,735,437 1,409,558
SHAREHOLDERS' FUNDS 1,735,549 1,409,670
Page 1
Page 2
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 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
All of the company's members have consented to the preparation of an Abridged Income Statement and an Abridged Statement of Financial Position for the year end 31 December 2023 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Karen Whittaker
Director
19th September 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
W J B Distribution Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06008841 . The registered office is Unit 7, Indigo Business Park, Indigo Road, Ellesmere Port, Cheshire, CH65 4AJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20% reducing balance
Motor Vehicles 25% reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 30 (2022: 29)
30 29
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4. Tangible Assets
Total
£
Cost
As at 1 January 2023 564,623
Additions 78,775
As at 31 December 2023 643,398
Depreciation
As at 1 January 2023 224,911
Provided during the period 103,884
As at 31 December 2023 328,795
Net Book Value
As at 31 December 2023 314,603
As at 1 January 2023 339,712
5. Obligations Under Finance Leases and Hire Purchase
2023 2022
£ £
The future minimum finance lease payments are as follows:
Not later than one year 10,496 18,787
Later than one year and not later than five years 20,991 -
31,487 18,787
31,487 18,787
6. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 112 112
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