1 June 2023 false No description of principal activity Taxfiler 2024.5 12622780business:PrivateLimitedCompanyLtd2023-06-012024-05-31 126227802023-05-31 126227802023-06-012024-05-31 12622780business:AuditExemptWithAccountantsReport2023-06-012024-05-31 12622780business:FilletedAccounts2023-06-012024-05-31 126227802024-05-31 12622780business:Director12023-06-012024-05-31 12622780business:RegisteredOffice2023-06-012024-05-31 126227802023-05-31 12622780core:WithinOneYear2024-05-31 12622780core:WithinOneYear2023-05-31 12622780core:ShareCapitalcore:PreviouslyStatedAmount2024-05-31 12622780core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 12622780core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-05-31 12622780core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 12622780core:PreviouslyStatedAmount2024-05-31 12622780core:PreviouslyStatedAmount2023-05-31 12622780business:SmallEntities2023-06-012024-05-31 12622780countries:EnglandWales2023-06-012024-05-31 12622780core:PlantMachinery2023-06-012024-05-31 12622780core:ComputerEquipment2023-06-012024-05-31 12622780core:PlantMachinery2023-05-31 12622780core:ComputerEquipment2023-05-31 12622780core:PlantMachinery2024-05-31 12622780core:ComputerEquipment2024-05-31 126227802022-06-012023-05-31 iso4217:GBP xbrli:pure
Company Registration No. 12622780 (England and Wales)
WSX Goods Ltd Unaudited accounts for the year ended 31 May 2024
WSX Goods Ltd Unaudited accounts Contents
Page
- 2 -
WSX Goods Ltd Company Information for the year ended 31 May 2024
Director
George Welling
Company Number
12622780 (England and Wales)
Registered Office
Unit A 82 James Carter Road Mildenhall Bury St. Edmunds Suffolk IP28 7DE England
Accountants
Neat Accounting Ltd The Track Station Rd Bognor Regis West Sussex PO21 1QF
- 3 -
WSX Goods Ltd Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,870 
1,899 
Current assets
Inventories
- 
5,250 
Debtors
31,661 
19,809 
Cash at bank and in hand
82,754 
24,043 
114,415 
49,102 
Creditors: amounts falling due within one year
(96,536)
(50,971)
Net current assets/(liabilities)
17,879 
(1,869)
Net assets
19,749 
30 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
19,747 
28 
Shareholders' funds
19,749 
30 
For the year ending 31 May 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 director acknowledges his 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 and authorised for issue on 31 May 2024 and were signed on its behalf by
George Welling Director Company Registration No. 12622780
- 4 -
WSX Goods Ltd Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
WSX Goods Ltd is a private company, limited by shares, registered in England and Wales, registration number 12622780. The registered office is Unit A 82 James Carter Road, Mildenhall, Bury St. Edmunds, Suffolk, IP28 7DE, 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.
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
20% Straight Line Basis
Computer equipment
20% Straight Line Basis
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2023
2,373 
592 
2,965 
Additions
288 
416 
704 
At 31 May 2024
2,661 
1,008 
3,669 
Depreciation
At 1 June 2023
948 
118 
1,066 
Charge for the year
532 
201 
733 
At 31 May 2024
1,480 
319 
1,799 
Net book value
At 31 May 2024
1,181 
689 
1,870 
At 31 May 2023
1,425 
474 
1,899 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
31,661 
19,809 
- 5 -
WSX Goods Ltd Notes to the Accounts for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
46,041 
16,706 
Trade creditors
- 
76 
Taxes and social security
23,825 
4,051 
Proposed dividends
24,624 
20,000 
Other creditors
2,046 
3,144 
Loans from directors
- 
6,994 
96,536 
50,971 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
- 6 -