WAGGON24 LIMITED 14716993 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is Public houses and bars Digita Accounts Production Advanced 6.30.9574.0 true true 14716993 2023-04-01 2024-03-31 14716993 2024-03-31 14716993 core:CurrentFinancialInstruments 2024-03-31 14716993 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 14716993 bus:SmallEntities 2023-04-01 2024-03-31 14716993 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 14716993 bus:FilletedAccounts 2023-04-01 2024-03-31 14716993 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 14716993 bus:RegisteredOffice 2023-04-01 2024-03-31 14716993 bus:Director1 2023-04-01 2024-03-31 14716993 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 14716993 countries:UnitedKingdom 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registration number: 14716993

WAGGON24 LIMITED

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2024

 

WAGGON24 LIMITED

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 4

 

WAGGON24 LIMITED

(Registration number: 14716993)
Balance Sheet as at 31 March 2024

Note

2024
£

Current assets

 

Debtors

4

2,772

Cash at bank and in hand

 

241

 

3,013

Creditors: Amounts falling due within one year

5

(36,622)

Net liabilities

 

(33,609)

Capital and reserves

 

Called up share capital

2

Retained earnings

(33,611)

Shareholders' deficit

 

(33,609)

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 4 December 2024 and signed on its behalf by:
 

.........................................
Robert Parker
Director

 

WAGGON24 LIMITED

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
39 High Street
Milton
Cambridge
CB24 6DF
England

These financial statements were authorised for issue by the Board on 4 December 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

WAGGON24 LIMITED

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3.

4

Debtors

Current

2024
£

Trade debtors

2,772

 

2,772

 

WAGGON24 LIMITED

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

5

Creditors

Creditors: amounts falling due within one year

2024
£

Due within one year

Trade creditors

2,672

Accruals and deferred income

2,400

Other creditors

31,550

36,622