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Company Registration No. 10107735 (England and Wales)
WLB Contractors Limited Unaudited accounts for the year ended 30 April 2024
WLB Contractors Limited Unaudited accounts Contents
Page
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WLB Contractors Limited Company Information for the year ended 30 April 2024
Director
Mirco Anselmi
Company Number
10107735 (England and Wales)
Registered Office
Concorde Park Concorde Road Maidenhead SL6 4FJ England
Accountants
WellTax Limited 20 Fitzroy Square London W1T 6EJ
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WLB Contractors Limited Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
764 
- 
Tangible assets
19,783 
- 
20,547 
- 
Current assets
Inventories
- 
135,395 
Debtors
48,463 
18,969 
Cash at bank and in hand
362,374 
110,573 
410,837 
264,937 
Creditors: amounts falling due within one year
(304,829)
(133,205)
Net current assets
106,008 
131,732 
Total assets less current liabilities
126,555 
131,732 
Creditors: amounts falling due after more than one year
(20,820)
(31,150)
Net assets
105,735 
100,582 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
105,635 
100,482 
Shareholders' funds
105,735 
100,582 
For the year ending 30 April 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 January 2025 and were signed on its behalf by
Mirco Anselmi Director Company Registration No. 10107735
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WLB Contractors Limited Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
WLB Contractors Limited is a private company, limited by shares, registered in England and Wales, registration number 10107735. The registered office is Concorde Park, Concorde Road, Maidenhead, SL6 4FJ, 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.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
33.33% straigh line
Motor vehicles
14.29% reducing balance
Computer equipment
33.33% straigh line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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WLB Contractors Limited Notes to the Accounts for the year ended 30 April 2024
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 May 2023
- 
Additions
764 
At 30 April 2024
764 
Amortisation
At 1 May 2023
- 
At 30 April 2024
- 
Net book value
At 30 April 2024
764 
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 May 2023
- 
- 
- 
- 
Additions
943 
39,881 
444 
41,268 
At 30 April 2024
943 
39,881 
444 
41,268 
Depreciation
Charge for the year
26 
21,434 
25 
21,485 
At 30 April 2024
26 
21,434 
25 
21,485 
Net book value
At 30 April 2024
917 
18,447 
419 
19,783 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
46,103 
18,969 
Deferred tax asset
1,293 
Accrued income and prepayments
1,067 
- 
48,463 
18,969 
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WLB Contractors Limited Notes to the Accounts for the year ended 30 April 2024
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
80,927 
- 
Trade creditors
36,796 
32,930 
Taxes and social security
44,390 
96,823 
Other creditors
822 
902 
Loans from directors
110 
2,550 
Accruals
36,047 
- 
Deferred income
105,737 
- 
304,829 
133,205 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
20,820 
31,150 
9
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
10
Average number of employees
During the year the average number of employees was 6 (2023: 9).
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