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Company Registration No. 13748823 (England and Wales)
Walsoken Limited Unaudited accounts for the year ended 30 November 2023
Walsoken Limited Unaudited accounts Contents
Page
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Walsoken Limited Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Inventories
185,694 
95,612 
Debtors
5,600 
3,300 
Cash at bank and in hand
231 
2,238 
191,525 
101,150 
Creditors: amounts falling due within one year
(196,519)
(104,280)
Net current liabilities
(4,994)
(3,130)
Net liabilities
(4,994)
(3,130)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(4,995)
(3,131)
Shareholders' funds
(4,994)
(3,130)
For the year ending 30 November 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 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 27 November 2024 and were signed on its behalf by
Shuves Mukherji Director Company Registration No. 13748823
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Walsoken Limited Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
Walsoken Limited is a private company, limited by shares, registered in England and Wales, registration number 13748823. The registered office is Crown House, 108 Aldersgate Street, London, EC1A 4JQ, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Going concern
The company is reliant upon the shareholder for financial support who have confirmed their continued support for the company. The directors as a result of the shareholder's support, have prepared the accounts on a going concern basis.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
4
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
5,600 
3,300 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Amounts owed to group undertakings and other participating interests
195,519 
102,280 
Accruals
1,000 
2,000 
196,519 
104,280 
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Walsoken Limited Notes to the Accounts for the year ended 30 November 2023
6
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
7
Transactions with related parties
At the end of the year, the company owed £195,519 (2022: 102,280) to Bia Power Limited (BVI), the ultimate controlling party.
8
Controlling party
The ultimate controlling party is Bia Power Limited (BVI), a company registered in the British Virgin Islands.
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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