WRA Industrial Paint Coatings Limited |
Registered Number:06211862 |
For the year ended 31 March 2024
England and Wales
Report of the Directors and Financial Statements
For the year ended 31 March 2024
WRA Industrial Paint Coatings Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
WRA Industrial Paint Coatings Limited
Statement of Financial Position
2023
2024
Property, plant and equipment |
609,899
599,950
2
609,899
599,950
8,096
6,800
3
Trade and other receivables |
265,006
207,950
4
510,200
Cash and cash equivalents |
566,051
780,801
783,302
Trade and other payables: amounts falling due within one |
year |
(214,843)
(191,060)
5
568,459
589,741
Net current assets
Total assets less current liabilities |
1,199,640
1,168,409
1,199,640
Net assets
1,168,409
102
102
1,199,538
1,168,307
1,199,640
1,168,409
Shareholders' funds
For the year ended 31 March 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 year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of |
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section |
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial |
statements, so far as applicable to the company. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 21 August 2024 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 March 2024
WRA Industrial Paint Coatings Limited
Notes to the Financial Statements
Statutory Information
WRA Industrial Paint Coatings Limited is a private limited company, limited by shares, domiciled in England and |
Wales, registration number 06211862. |
Principal place of business: |
Sherwood Industrial Estate
Robin Hood
Wakefield
WF3 3EL
C/O 36 Ropergate
Pontefract
West Yorkshire
WF8 1LY
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and machinery
Computer equipment
Motor vehicles
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
2 of 4
For the year ended 31 March 2024
WRA Industrial Paint Coatings Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment |
Motor vehicles
733,988
4,748
808
54,633
130,326
543,473
19,748
-
-
1,700
-
18,048
561,521
56,333
808
4,748
753,736
130,326
Provision for depreciation and impairment |
134,038
3,416
231
44,472
85,919
-
Charge for year
9,799
440
87
2,611
6,661
-
143,837
3,856
318
47,083
92,580
-
561,521
37,746
9,250
490
892
609,899
543,473
44,407
10,161
577
1,332
599,950
Land & Buildings revaluation carried out 25 August 2021.
2023
2024
6,800
8,096
4. Trade and other receivables |
2023
2024
158,808
155,020
49,142
109,986
265,006
207,950
5. Trade and other payables: amounts falling due within one year |
2023
2024
11,490
10,360
Taxation and social security |
177,945
200,707
1,625
3,776
191,060
214,843
3 of 4
For the year ended 31 March 2024
WRA Industrial Paint Coatings Limited
Notes to the Financial Statements Continued
6. Average number of persons employed |
During the year the average number of employees was 10 (2023 : 10)
4 of 4