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
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
WCT Smart Utility Services Limited
Statement of financial position
as at 30 June 2024
Tangible assets
253,726
165,093
Cash at bank and in hand
490,645
372,440
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
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
WCT Smart Utility Services Limited
Notes to the Accounts
for the year ended 30 June 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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 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:
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.
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
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
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
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
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
43,306
91,183
Taxes and social security
53,982
133,994
Loans from directors
28,557
3,717
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
123,504
56,438
8
Average number of employees
During the year the average number of employees was 34 (2023: 34).