Company Registration No. 2625645 (England and Wales)
WITS Warehouse Solutions Ltd
Unaudited accounts
for the year ended 30 June 2024
WITS Warehouse Solutions Ltd
Unaudited accounts
Contents
WITS Warehouse Solutions Ltd
Company Information
for the year ended 30 June 2024
Directors
Mr I J Churchill
Mrs L A Churchill
Secretary
Mrs L A Churchill
Company Number
2625645 (England and Wales)
Registered Office
86 Leeds Road
Oulton
Leeds
LS26 8JY
Accountants
John Shackleton & Co Ltd,
10 Claro Court Business Centre
Claro Road
Harrogate
North Yorkshire
HG1 4BA
WITS Warehouse Solutions Ltd
Statement of financial position
as at 30 June 2024
Tangible assets
9,368
14,815
Cash at bank and in hand
48,463
47,135
Creditors: amounts falling due within one year
(30,948)
(29,226)
Net current assets
26,632
49,719
Called up share capital
100
100
Profit and loss account
35,900
64,434
Shareholders' funds
36,000
64,534
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 19 November 2024 and were signed on its behalf by
Mrs L A Churchill
Director
Company Registration No. 2625645
WITS Warehouse Solutions Ltd
Notes to the Accounts
for the year ended 30 June 2024
WITS Warehouse Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 2625645. The registered office is 86 Leeds Road, Oulton, Leeds, LS26 8JY.
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
5 years straight line
Fixtures & fittings
5 years straight line
Computer equipment
3 years straight line
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2023
5,727
1,869
20,435
28,031
Additions
-
225
3,232
3,457
At 30 June 2024
5,727
2,094
23,667
31,488
At 1 July 2023
2,290
374
10,552
13,216
Charge for the year
1,145
419
7,340
8,904
At 30 June 2024
3,435
793
17,892
22,120
At 30 June 2024
2,292
1,301
5,775
9,368
At 30 June 2023
3,437
1,495
9,883
14,815
WITS Warehouse Solutions Ltd
Notes to the Accounts
for the year ended 30 June 2024
Amounts falling due within one year
Trade debtors
6,117
15,471
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
15,002
11,871
Loans from directors
780
780
7
Average number of employees
During the year the average number of employees was 4 (2023: 3).