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REGISTERED NUMBER: 12513604 (England and Wales)















Unaudited Financial Statements

for the Year Ended

31 March 2024

for

WR Squared Enterprises Ltd

WR Squared Enterprises Ltd (Registered number: 12513604)

Contents of the Financial Statements
for the Year Ended 31 March 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WR Squared Enterprises Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTOR: P Fleming





REGISTERED OFFICE: Rusty Tiles
Coggeshall Road
Dedham
Colchester
Essex
CO7 6ET





REGISTERED NUMBER: 12513604 (England and Wales)

WR Squared Enterprises Ltd (Registered number: 12513604)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 12,885 13,827

CURRENT ASSETS
Debtors 5 26,136 5,995
Cash at bank - 1,575
26,136 7,570
CREDITORS
Amounts falling due within one year 6 12,499 14,788
NET CURRENT ASSETS/(LIABILITIES) 13,637 (7,218 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

26,522

6,609

PROVISIONS FOR LIABILITIES 2,448 2,402
NET ASSETS 24,074 4,207

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 24,073 4,206
24,074 4,207

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

WR Squared Enterprises Ltd (Registered number: 12513604)

Balance Sheet - continued
31 March 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 January 2025 and were signed by:





P Fleming - Director


WR Squared Enterprises Ltd (Registered number: 12513604)

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


1. STATUTORY INFORMATION

WR Squared Enterprises Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is recognised at the end of each month for ongoing services for business and marketing support.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and 15% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 2 ) .

WR Squared Enterprises Ltd (Registered number: 12513604)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 20,556
Additions 2,508
At 31 March 2024 23,064
DEPRECIATION
At 1 April 2023 6,729
Charge for year 3,450
At 31 March 2024 10,179
NET BOOK VALUE
At 31 March 2024 12,885
At 31 March 2023 13,827

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 4,250 5,641
Other debtors 21,886 354
26,136 5,995

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 3,659 5,022
Taxation and social security 7,640 7,283
Other creditors 1,200 2,483
12,499 14,788

WR Squared Enterprises Ltd (Registered number: 12513604)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024


7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
P Fleming
Balance outstanding at start of year - -
Amounts advanced 21,532 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 21,532 -

The directors loan was cleared by way of a dividend dated 20th December 2024. The director was charged interest at 2.25% being the official rate of interest for the year.