2023-01-01 12352665 2023-12-31 12352665 2023-01-01 2023-12-31 12352665 2022-12-31 12352665 2022-01-01 2022-12-31 12352665 uk-core:WithinOneYear 2022-12-31 12352665 uk-core:WithinOneYear 2023-12-31 12352665 uk-core:AfterOneYear 2022-12-31 12352665 uk-core:AfterOneYear 2023-12-31 12352665 uk-core:ShareCapital 2023-12-31 12352665 uk-core:ShareCapital 2022-12-31 12352665 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 12352665 uk-core:RetainedEarningsAccumulatedLosses 2022-12-31 12352665 uk-bus:Director1 2023-01-01 2023-12-31 12352665 uk-core:ComputerEquipment 2023-01-01 2023-12-31 12352665 uk-core:CommercialMotorVehicles 2023-01-01 2023-12-31 12352665 uk-core:ComputerEquipment 2022-12-31 12352665 uk-core:CommercialMotorVehicles 2022-12-31 12352665 uk-core:CommercialMotorVehicles 2023-12-31 12352665 uk-core:ComputerEquipment 2023-12-31 iso4217:GBP xbrli:pure 12352665 uk-bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 12352665 uk-bus:FRS102 2023-01-01 2023-12-31 12352665 uk-bus:FilletedAccounts 2023-01-01 2023-12-31 12352665 uk-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31
Web Electrical Solutions Ltd
Registered Number:12352665
For the year ended 31 December 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2023
Web Electrical Solutions Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
12352665
As at 31 December 2023
Web Electrical Solutions Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
40,178
3,725
2
40,178
3,725
Current assets
Trade and other receivables
44,644
33,666
3
32,708
Cash and cash equivalents
37,775
71,441
77,352
Trade and other payables: amounts falling due within one year
(32,339)
(29,516)
4
45,013
41,925
Net current assets
Total assets less current liabilities
82,103
48,738
Trade and other payables: amounts falling due after more than
one year
(288)
(358)
5
81,745
Net assets
48,450
Capital and reserves
Called up share capital
100
100
Retained earnings
81,645
48,350
81,745
48,450
Shareholders' funds
For the year ended 31 December 2023 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 of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each
financial year and of its profit or loss for each financial year in accordance with the requirements of Section 394 and 395 and
which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as
applicable to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Fred Sleap Director
These financial statements were approved and authorised for issue by the Board on 30 April 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 December 2023
Web Electrical Solutions Ltd
Notes to the Financial Statements
Statutory Information
Web Electrical Solutions Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 12352665.
Registered address:
11 Massingham Drive
Earls Colne
Colchester
Essex
C06 2SQ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting
Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006.
The financial statements have been prepared under the historical costs convention as modified by the revaluation of certain
assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25% Straight line
Computer Equipment
25% Straight line
Motor Vehicles
2. Property, plant and equipment
Total
Computer
Equipment
Motor Vehicles
£
£
£
Cost or valuation
At 01 January 2023
5,199
2,949
2,250
37,190
-
37,190
Additions
At 31 December 2023
39,440
2,949
42,389
Provision for depreciation and impairment
At 01 January 2023
1,474
1,474
-
Charge for year
737
737
-
At 31 December 2023
2,211
2,211
-
At 31 December 2023
Net book value
39,440
738
40,178
At 31 December 2022
2,250
1,475
3,725
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5
For the year ended 31 December 2023
Web Electrical Solutions Ltd
Notes to the Financial Statements Continued
3. Trade and other receivables
2022
2023
£
£
Trade debtors
11,284
5,855
Other debtors
22,382
38,789
44,644
33,666
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
1
(1)
Taxation and social security
29,515
31,794
Other creditors
-
546
29,516
32,339
5. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Other creditors
358
288
6. Average number of persons employed
During the year the average number of employees was 2 (2022 : 1)
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