Company Registration No. 09161968 (England and Wales)
Wight-House Electronics Ltd
Unaudited accounts
for the year ended 31 August 2024
Wight-House Electronics Ltd
Unaudited accounts
Contents
Wight-House Electronics Ltd
Company Information
for the year ended 31 August 2024
Company Number
09161968 (England and Wales)
Registered Office
Vision Accounting, Fortis House
Westridge Business Park
Ryde
Isle of Wight
PO33 1QT
United Kingdom
Accountants
Vision Accounting
Fortis House
Cothey Way
Ryde
Isle of Wight
PO33 1QT
Wight-House Electronics Ltd
Statement of financial position
as at 31 August 2024
Tangible assets
5,264
8,095
Cash at bank and in hand
72,709
61,537
Creditors: amounts falling due within one year
(36,071)
(9,077)
Net current assets
41,587
53,186
Total assets less current liabilities
46,851
61,281
Provisions for liabilities
Deferred tax
(1,000)
(1,538)
Capital contribution reserve
1
1
Profit and loss account
45,850
59,742
Shareholders' funds
45,851
59,743
For the year ending 31 August 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 her 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 11 November 2024 and were signed on its behalf by
Emily Taylor
Director
Company Registration No. 09161968
Wight-House Electronics Ltd
Notes to the Accounts
for the year ended 31 August 2024
Wight-House Electronics Ltd is a private company, limited by shares, registered in England and Wales, registration number 09161968. The registered office is Vision Accounting, Fortis House, Westridge Business Park, Ryde, Isle of Wight, PO33 1QT, 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.
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
25% Straight Line
Fixtures & fittings
25% Straight Line
Computer equipment
33% Straight Line
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2023
4,368
6,695
7,756
18,819
At 31 August 2024
4,368
6,695
7,756
18,819
At 1 September 2023
2,013
2,334
6,377
10,724
Charge for the year
1,092
583
1,156
2,831
At 31 August 2024
3,105
2,917
7,533
13,555
At 31 August 2024
1,263
3,778
223
5,264
At 31 August 2023
2,355
4,361
1,379
8,095
Wight-House Electronics Ltd
Notes to the Accounts
for the year ended 31 August 2024
Amounts falling due within one year
Accrued income and prepayments
430
516
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
4,107
7,685
Loans from directors
30,638
312
7
Average number of employees
During the year the average number of employees was 3 (2023: 3).