Company Registration No. 06488160 (England and Wales)
Warley Design Solutions Limited
Unaudited accounts
for the year ended 29 February 2024
Warley Design Solutions Limited
Unaudited accounts
Contents
Warley Design Solutions Limited
Statement of financial position
as at 29 February 2024
Tangible assets
3,278
6,065
Investments
199,620
200,200
Cash at bank and in hand
93,281
97,683
Creditors: amounts falling due within one year
(69,004)
(51,793)
Net current assets
100,529
97,119
Total assets less current liabilities
303,427
303,384
Provisions for liabilities
Net assets
302,706
302,233
Called up share capital
2,000
2,000
Profit and loss account
300,706
300,233
Shareholders' funds
302,706
302,233
For the year ending 29 February 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 25 November 2024 and were signed on its behalf by
J A Durban
Director
Company Registration No. 06488160
Warley Design Solutions Limited
Notes to the Accounts
for the year ended 29 February 2024
Warley Design Solutions Limited is a private company, limited by shares, registered in England and Wales, registration number 06488160. The registered office is Unit 3 Bentalls Business Park, Bentalls, Basildon, Essex, SS14 3BN.
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
33% straight line
4
Tangible fixed assets
Plant & machinery
At 29 February 2024
61,413
At 29 February 2024
58,135
5
Investments
Other investments
Valuation at 1 March 2023
200,200
Fair value adjustments
(580)
Valuation at 29 February 2024
199,620
Warley Design Solutions Limited
Notes to the Accounts
for the year ended 29 February 2024
Amounts falling due within one year
Trade debtors
61,930
48,822
Accrued income and prepayments
14,322
2,407
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
2,055
4,935
Taxes and social security
44,113
35,664
Other creditors
22,362
10,720
Loans from directors
474
474
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).