Company Registration No. 12311195 (England and Wales)
W M Pipe Services Ltd
Unaudited accounts
for the year ended 30 November 2024
W M Pipe Services Ltd
Unaudited accounts
Contents
W M Pipe Services Ltd
Company Information
for the year ended 30 November 2024
Directors
Mr Ben Matthews
Mr Antony Webber
Company Number
12311195 (England and Wales)
Registered Office
54 STONEYFIELDS EASTON-IN-GORDANO
BRISTOL
BS20 0LL
ENGLAND
W M Pipe Services Ltd
Statement of financial position
as at 30 November 2024
Tangible assets
12,581
9,862
Cash at bank and in hand
83,103
64,719
Creditors: amounts falling due within one year
(96,561)
(96,207)
Net current assets
75,143
45,166
Total assets less current liabilities
87,724
55,028
Creditors: amounts falling due after more than one year
(7,370)
(20,000)
Called up share capital
100
100
Profit and loss account
80,254
34,928
Shareholders' funds
80,354
35,028
For the year ending 30 November 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 22 January 2025 and were signed on its behalf by
Mr Antony Webber
Director
Company Registration No. 12311195
W M Pipe Services Ltd
Notes to the Accounts
for the year ended 30 November 2024
W M Pipe Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 12311195. The registered office is 54 STONEYFIELDS EASTON-IN-GORDANO, BRISTOL, BS20 0LL, ENGLAND.
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% Straight line
Fixtures & fittings
25% straight line
Computer equipment
25% straight line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 December 2023
7,049
8,807
758
2,100
18,714
Additions
4,899
4,000
600
870
10,369
Disposals
-
-
(758)
-
(758)
At 30 November 2024
11,948
12,807
600
2,970
28,325
At 1 December 2023
4,886
2,202
189
1,575
8,852
Charge for the year
2,987
3,202
150
742
7,081
On disposals
-
-
(189)
-
(189)
At 30 November 2024
7,873
5,404
150
2,317
15,744
At 30 November 2024
4,075
7,403
450
653
12,581
At 30 November 2023
2,163
6,605
569
525
9,862
W M Pipe Services Ltd
Notes to the Accounts
for the year ended 30 November 2024
Amounts falling due within one year
Trade debtors
45,286
39,417
Other debtors
29,356
32,905
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
8,175
52,785
Taxes and social security
32,658
23,422
Proposed dividends
20,000
20,000
7
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
7,370
20,000
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).