Company Registration No. 03944692 (England and Wales)
Wade Windows Limited
Unaudited accounts
for the year ended 31 March 2024
Wade Windows Limited
Unaudited accounts
Contents
Wade Windows Limited
Company Information
for the year ended 31 March 2024
Directors
M Wade
S Wade
N Wade
Company Number
03944692 (England and Wales)
Registered Office
The Barn, Lower Park Farm
Barham
Ipswich
IP6 0NU
Accountants
Aldertons Accountants
Oak House
2 Woodward Close
Ipswich
Suffolk
IP2 0EA
Wade Windows Limited
Statement of financial position
as at 31 March 2024
Tangible assets
227,550
241,459
Inventories
51,899
112,886
Cash at bank and in hand
106,757
44,159
Creditors: amounts falling due within one year
(146,599)
(205,129)
Net current assets
32,092
111,015
Net assets
259,642
352,474
Called up share capital
3
3
Profit and loss account
259,639
352,471
Shareholders' funds
259,642
352,474
For the year ending 31 March 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 1 November 2024 and were signed on its behalf by
N Wade
Director
Company Registration No. 03944692
Wade Windows Limited
Notes to the Accounts
for the year ended 31 March 2024
Wade Windows Limited is a private company, limited by shares, registered in England and Wales, registration number 03944692. The registered office is The Barn, Lower Park Farm, Barham, Ipswich, IP6 0NU.
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.
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:
Land & buildings
2% straight line
Plant & machinery
20% straight line
Motor vehicles
20% straight line
Fixtures & fittings
20% straight line
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2023
205,213
11,234
153,396
29,311
399,154
Additions
4,878
-
-
8,822
13,700
At 31 March 2024
210,091
11,234
153,396
38,133
412,854
At 1 April 2023
31,682
11,234
86,328
28,451
157,695
Charge for the year
8,111
-
17,443
2,055
27,609
At 31 March 2024
39,793
11,234
103,771
30,506
185,304
At 31 March 2024
170,298
-
49,625
7,627
227,550
At 31 March 2023
173,531
-
67,068
860
241,459
Wade Windows Limited
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Other debtors
20,035
11,977
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
114,184
106,224
Taxes and social security
20,823
59,783
Other creditors
11,592
39,122
7
Average number of employees
During the year the average number of employees was 5 (2023: 5).