IRIS Accounts Production v24.3.0.553 08649908 director 1.8.22 31.7.23 31.7.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh086499082022-07-31086499082023-07-31086499082022-08-012023-07-31086499082021-07-29086499082021-07-302022-07-31086499082022-07-3108649908ns15:EnglandWales2022-08-012023-07-3108649908ns14:PoundSterling2022-08-012023-07-3108649908ns10:Director12022-08-012023-07-3108649908ns10:PrivateLimitedCompanyLtd2022-08-012023-07-3108649908ns10:SmallEntities2022-08-012023-07-3108649908ns10:AuditExempt-NoAccountantsReport2022-08-012023-07-3108649908ns10:SmallCompaniesRegimeForDirectorsReport2022-08-012023-07-3108649908ns10:SmallCompaniesRegimeForAccounts2022-08-012023-07-3108649908ns10:FullAccounts2022-08-012023-07-3108649908ns10:RegisteredOffice2022-08-012023-07-3108649908ns5:CurrentFinancialInstruments2023-07-3108649908ns5:CurrentFinancialInstruments2022-07-3108649908ns5:ShareCapital2023-07-3108649908ns5:ShareCapital2022-07-3108649908ns5:RetainedEarningsAccumulatedLosses2023-07-3108649908ns5:RetainedEarningsAccumulatedLosses2022-07-3108649908ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-07-3108649908ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-07-31
REGISTERED NUMBER: 08649908 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2023

FOR

WAREHOUSE CLEARANCE OUTLET LTD

WAREHOUSE CLEARANCE OUTLET LTD (REGISTERED NUMBER: 08649908)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


WAREHOUSE CLEARANCE OUTLET LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2023







DIRECTOR: Mr N P Briant





REGISTERED OFFICE: 85 Ringwood Road
Poole
Dorset
BH14 0RH





REGISTERED NUMBER: 08649908 (England and Wales)





ACCOUNTANTS: Lewis Brownlee (Chichester) Limited
Chartered Accountants
Appledram Barns
Birdham Road
Chichester
West Sussex
PO20 7EQ

WAREHOUSE CLEARANCE OUTLET LTD (REGISTERED NUMBER: 08649908)

BALANCE SHEET
31 JULY 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 4 565,678 567,988

CREDITORS
Amounts falling due within one year 5 133,396 134,827
NET CURRENT ASSETS 432,282 433,161
TOTAL ASSETS LESS CURRENT
LIABILITIES

432,282

433,161

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 432,280 433,159
432,282 433,161

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 October 2024 and were signed by:





Mr N P Briant - Director


WAREHOUSE CLEARANCE OUTLET LTD (REGISTERED NUMBER: 08649908)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023


1. STATUTORY INFORMATION

Warehouse Clearance Outlet Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
The accounts have not been prepared under the going concern basis.

Financial instruments
Financial instruments are classified by the director as basic or advanced following the conditions in FRS102 Section 11. Basic financial instruments are recognised at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost. The company has no advanced financial instruments.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

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 difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Going concern
The accounts have been prepared under a basis other than that of going concern as the company has ceased to trade and does not intend to resume trading.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 565,678 567,988

WAREHOUSE CLEARANCE OUTLET LTD (REGISTERED NUMBER: 08649908)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023


5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 1,349 2,309
Taxation and social security 108,730 108,730
Other creditors 23,317 23,788
133,396 134,827