Company Registration No. SC720594 (Scotland)
WDN Commercial Ltd
Unaudited accounts
for the year ended 31 March 2024
WDN Commercial Ltd
Unaudited accounts
Contents
WDN Commercial Ltd
Company Information
for the year ended 31 March 2024
Company Number
SC720594 (Scotland)
Registered Office
MARFIELD HOUSE MARFIELD FARM
NINEMILEBURN
PENICUIK
MIDLOTHIAN
EH26 9LT
SCOTLAND
Accountants
LD Bookkeeping & Accountancy Services
37 Wilson Avenue
Dalkeith
midlothian
EH22 2DS
WDN Commercial Ltd
Statement of financial position
as at 31 March 2024
Tangible assets
745,684
489,393
Inventories
153,368
17,000
Cash at bank and in hand
38,212
507,022
Creditors: amounts falling due within one year
(895,573)
(1,040,917)
Net current liabilities
(657,269)
(451,917)
Total assets less current liabilities
88,415
37,476
Provisions for liabilities
Deferred tax
(5,576)
(3,186)
Called up share capital
1
1
Profit and loss account
82,838
34,289
Shareholders' funds
82,839
34,290
For the 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. 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 29 November 2024 and were signed on its behalf by
W D Noble
Director
Company Registration No. SC720594
WDN Commercial Ltd
Notes to the Accounts
for the year ended 31 March 2024
WDN Commercial Ltd is a private company, limited by shares, registered in Scotland, registration number SC720594. The registered office is MARFIELD HOUSE MARFIELD FARM, NINEMILEBURN, PENICUIK, MIDLOTHIAN, EH26 9LT, SCOTLAND.
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
25% reducing balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 April 2023
472,623
22,360
494,983
Additions
260,484
-
260,484
At 31 March 2024
733,107
22,360
755,467
At 1 April 2023
-
5,590
5,590
Charge for the year
-
4,193
4,193
At 31 March 2024
-
9,783
9,783
At 31 March 2024
733,107
12,577
745,684
At 31 March 2023
472,623
16,770
489,393
WDN Commercial Ltd
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
45,914
374,868
Taxes and social security
12,469
3,283
Loans from directors
835,635
661,441
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).