Company registration number 10563159 (England and Wales)
WDC LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 1 JUNE 2024
WDC LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
WDC LIMITED
BALANCE SHEET
AS AT 1 JUNE 2024
01 June 2024
- 1 -
01 June 2024
31 December 2022
Notes
£
£
£
£
Current assets
Debtors
4
9,926
6,921
Cash at bank and in hand
11,958
6,065
21,884
12,986
Creditors: amounts falling due within one year
5
(21,482)
(11,584)
Net current assets
402
1,402
Capital and reserves
Called up share capital
6
400
400
Profit and loss reserves
2
1,002
Total equity
402
1,402

For the financial period ended 1 June 2024 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 of its financial statements for the period in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 9 September 2024
Mr G W Wiggin
Director
Company registration number 10563159 (England and Wales)
WDC LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 1 JUNE 2024
- 2 -
1
Accounting policies
Company information

WDC Limited is a private company limited by shares incorporated in England and Wales. The registered office is 23 Chichester Drive, Cannock, Staffs, WS12 3YL.

1.1
Reporting period

These financial statements are for an 18-month period, so comparative amounts presented herein (including the related notes) are not entirely comparable.

1.2
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.3
Turnover

Turnover is measured at the fair value of consideration received or receivable for services rendered, excluding VAT.

1.4
Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computers
33% on Cost
1.5
Taxation

Taxation for the year comprises current and deferred 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 tax

Current or deferred 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

 

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing differences.

WDC LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 1 JUNE 2024
- 3 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the period was:

2024
2022
Number
Number
Total
1
1
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 January 2023 and 1 June 2024
1,375
Depreciation and impairment
At 1 January 2023 and 1 June 2024
1,375
Carrying amount
At 1 June 2024
-
0
At 31 December 2022
-
0
4
Debtors
2024
2022
Amounts falling due within one year:
£
£
Trade debtors
7,800
6,571
Other debtors
2,126
350
9,926
6,921
5
Creditors: amounts falling due within one year
2024
2022
£
£
Taxation and social security
20,232
10,527
Other creditors
1,250
1,057
21,482
11,584
WDC LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 1 JUNE 2024
- 4 -
6
Called up share capital
2024
2022
2024
2022
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
400
400
400
400
7
Directors' transactions
Description
% Rate
Opening balance
Amounts advanced
Closing balance
£
£
£
G Wiggin
-
-
1,776
1,776
-
1,776
1,776
2024-06-012023-01-01false09 September 2024CCH SoftwareCCH Accounts Production 2024.200No description of principal activityMr G W Wigginfalsefalse105631592023-01-012024-06-01105631592024-06-01105631592022-12-3110563159core:CurrentFinancialInstrumentscore:WithinOneYear2024-06-0110563159core:CurrentFinancialInstrumentscore:WithinOneYear2022-12-3110563159core:CurrentFinancialInstruments2024-06-0110563159core:CurrentFinancialInstruments2022-12-3110563159core:ShareCapital2024-06-0110563159core:ShareCapital2022-12-3110563159core:RetainedEarningsAccumulatedLosses2024-06-0110563159core:RetainedEarningsAccumulatedLosses2022-12-3110563159bus:Director12023-01-012024-06-0110563159core:ComputerEquipment2023-01-012024-06-01105631592022-01-012022-12-3110563159core:OtherPropertyPlantEquipment2022-12-3110563159core:OtherPropertyPlantEquipment2024-06-0110563159core:OtherPropertyPlantEquipment2022-12-3110563159core:WithinOneYear2024-06-0110563159core:WithinOneYear2022-12-3110563159bus:PrivateLimitedCompanyLtd2023-01-012024-06-0110563159bus:SmallCompaniesRegimeForAccounts2023-01-012024-06-0110563159bus:FRS1022023-01-012024-06-0110563159bus:AuditExemptWithAccountantsReport2023-01-012024-06-0110563159bus:FullAccounts2023-01-012024-06-01xbrli:purexbrli:sharesiso4217:GBP