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Company Registration No. 12955337 (England and Wales)
WGB CONSULTANCY LTD Unaudited accounts for the year ended 31 October 2023
WGB CONSULTANCY LTD Unaudited accounts Contents
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WGB CONSULTANCY LTD Company Information for the year ended 31 October 2023
Directors
William Martin Broughton Georgette Louisa Eaton
Company Number
12955337 (England and Wales)
Registered Office
42 IMEX BUSINESS CENTRE OXLEASOW ROAD REDDITCH B98 0RE ENGLAND
Accountants
AC Counts & Services Ltd Office 42 Imex Business Centre, Oxleasow Road Redditch Worcestershire B98 0RE
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WGB CONSULTANCY LTD Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,726 
1,685 
Current assets
Debtors
1 
155 
Cash at bank and in hand
6,135 
10,445 
6,136 
10,600 
Creditors: amounts falling due within one year
(1,066)
(3,151)
Net current assets
5,070 
7,449 
Net assets
8,796 
9,134 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
8,795 
9,133 
Shareholders' funds
8,796 
9,134 
For the year ending 31 October 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 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 of Directors and authorised for issue on 31 July 2024 and were signed on its behalf by
William Martin Broughton Director Company Registration No. 12955337
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WGB CONSULTANCY LTD Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
WGB CONSULTANCY LTD is a private company, limited by shares, registered in England and Wales, registration number 12955337. The registered office is 42 IMEX BUSINESS CENTRE, OXLEASOW ROAD, REDDITCH, B98 0RE, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Going concern
The financial statements have been prepared on a going concern basis. This assumes the continued support of the directors. The directors have indicated their support will continue for the foreseeable future.
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:
Fixtures & fittings
20% Straight Line Method
Computer equipment
25% Straight Line Method
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WGB CONSULTANCY LTD Notes to the Accounts for the year ended 31 October 2023
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2022
888 
1,300 
2,188 
Additions
711 
2,412 
3,123 
At 31 October 2023
1,599 
3,712 
5,311 
Depreciation
At 1 November 2022
178 
325 
503 
Charge for the year
661 
421 
1,082 
At 31 October 2023
839 
746 
1,585 
Net book value
At 31 October 2023
760 
2,966 
3,726 
At 31 October 2022
710 
975 
1,685 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due after more than one year
Other debtors
1 
155 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
- 
2,165 
Loans from directors
58 
- 
Accruals
1,008 
986 
1,066 
3,151 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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