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Company Registration No. 12042574 (England and Wales)
WCT Smart Utility Services Limited Unaudited accounts for the year ended 30 June 2024
WCT Smart Utility Services Limited Unaudited accounts Contents
Page
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WCT Smart Utility Services Limited Company Information for the year ended 30 June 2024
Directors
Andrew Clarke Brendon Taylor James Warren
Company Number
12042574 (England and Wales)
Registered Office
35 HAVERHILL GROVE BARNSLEY S73 0DY UNITED KINGDOM
Accountants
RJE Accountants Ltd 6 Farrow Close Dodworth Barnsley South Yorkshire S75 3TB
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WCT Smart Utility Services Limited Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
253,726 
165,093 
Current assets
Inventories
17,312 
8,971 
Debtors
236,685 
453,044 
Cash at bank and in hand
490,645 
372,440 
744,642 
834,455 
Creditors: amounts falling due within one year
(323,668)
(291,600)
Net current assets
420,974 
542,855 
Total assets less current liabilities
674,700 
707,948 
Creditors: amounts falling due after more than one year
(159,240)
(98,130)
Provisions for liabilities
Deferred tax
(32,114)
(19,830)
Net assets
483,346 
589,988 
Capital and reserves
Called up share capital
3 
3 
Profit and loss account
483,343 
589,985 
Shareholders' funds
483,346 
589,988 
For the year ending 30 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 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 28 October 2024 and were signed on its behalf by
Andrew Clarke Director Company Registration No. 12042574
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WCT Smart Utility Services Limited Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
WCT Smart Utility Services Limited is a private company, limited by shares, registered in England and Wales, registration number 12042574. The registered office is 35 HAVERHILL GROVE, BARNSLEY, S73 0DY, UNITED KINGDOM.
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.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
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:
Plant & machinery
18%
Motor vehicles
18%
Fixtures & fittings
18%
Computer equipment
18%
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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WCT Smart Utility Services Limited Notes to the Accounts for the year ended 30 June 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 July 2023
92,070 
132,450 
21,013 
8,790 
254,323 
Additions
24,334 
122,558 
206 
5,304 
152,402 
Disposals
- 
(6,500)
- 
- 
(6,500)
At 30 June 2024
116,404 
248,508 
21,219 
14,094 
400,225 
Depreciation
At 1 July 2023
18,660 
65,972 
1,839 
2,759 
89,230 
Charge for the year
19,488 
31,984 
3,785 
2,012 
57,269 
At 30 June 2024
38,148 
97,956 
5,624 
4,771 
146,499 
Net book value
At 30 June 2024
78,256 
150,552 
15,595 
9,323 
253,726 
At 30 June 2023
73,410 
66,478 
19,174 
6,031 
165,093 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
127,863 
251,826 
Accrued income and prepayments
81,887 
172,119 
Other debtors
26,935 
29,099 
236,685 
453,044 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
17,073 
61,956 
Trade creditors
43,306 
91,183 
Taxes and social security
53,982 
133,994 
Loans from directors
28,557 
3,717 
Accruals
750 
750 
Deferred income
180,000 
- 
323,668 
291,600 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
35,736 
41,692 
Obligations under finance leases and hire purchase contracts
123,504 
56,438 
159,240 
98,130 
8
Average number of employees
During the year the average number of employees was 34 (2023: 34).
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