WUUL Limited 11612712 false 2023-10-01 2024-09-30 2024-09-30 The principal activity of the company is that of Alpaca shearers, graphic designers and photographers Digita Accounts Production Advanced 6.30.9574.0 true true 11612712 2023-10-01 2024-09-30 11612712 2024-09-30 11612712 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 11612712 core:OtherPropertyPlantEquipment 2024-09-30 11612712 bus:SmallEntities 2023-10-01 2024-09-30 11612712 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 11612712 bus:FullAccounts 2023-10-01 2024-09-30 11612712 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 11612712 bus:RegisteredOffice 2023-10-01 2024-09-30 11612712 bus:CompanySecretaryDirector1 2023-10-01 2024-09-30 11612712 bus:Director2 2023-10-01 2024-09-30 11612712 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 11612712 core:OtherPropertyPlantEquipment 2023-10-01 2024-09-30 11612712 core:ToolsEquipment 2023-10-01 2024-09-30 11612712 countries:EnglandWales 2023-10-01 2024-09-30 11612712 2023-09-30 11612712 core:OtherPropertyPlantEquipment 2023-09-30 11612712 2022-10-01 2023-09-30 11612712 2023-09-30 11612712 core:CurrentFinancialInstruments core:WithinOneYear 2023-09-30 11612712 core:OtherPropertyPlantEquipment 2023-09-30 iso4217:GBP xbrli:pure

FINANCIAL PERIOD DATA REFRESH REQUIRED
Select the Refresh button on the Summary or Disclosure tab

Registration number: 11612712

WUUL Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 30 September 2024

 

WUUL Limited

(Registration number: 11612712)
Balance Sheet as at 30 September 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

5

3,232.00

4,310.00

Current assets

 

Stocks

6

100.00

150.00

Cash at bank and in hand

 

12,597.00

13,192.00

 

12,697.00

13,342.00

Creditors: Amounts falling due within one year

7

-16,078.00

-16,504.00

Net current liabilities

 

-3,381.00

-3,162.00

Net (liabilities)/assets

 

-149.00

1,148.00

Capital and reserves

 

Called up share capital

200.00

200.00

Retained earnings

-349.00

948.00

Shareholders' (deficit)/funds

 

-149.00

1,148.00

For the financial year ending 30 September 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.

Approved and authorised by the Board on 10 February 2025 and signed on its behalf by:
 

 

WUUL Limited

(Registration number: 11612712)
Balance Sheet as at 30 September 2024

.........................................
M A Harrison
Company secretary and director

.........................................
D Harrison
Director

 

WUUL Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
The Anchorage
Old Vicarage Lane
Newtown
PO30 4NY

These financial statements were authorised for issue by the Board on 10 February 2025.

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

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' 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.

Tax

The tax expense for the period comprises tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

 

WUUL Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Tools and equipment

Reducing balance 25%

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.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

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.

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.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

 

WUUL Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 1 (2023 - 1).

4

Loss/profit before tax

Arrived at after charging/(crediting)

2024
£

2023
£

Depreciation expense

1,078.00

1,436.00

 

WUUL Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

5

Tangible assets

Other tangible assets
£

Total
£

Cost or valuation

At 1 October 2023

8,947.00

8,947.00

At 30 September 2024

8,947.00

8,947.00

Depreciation

At 1 October 2023

4,637.00

4,637.00

Charge for the year

1,078.00

1,078.00

At 30 September 2024

5,715.00

5,715.00

Carrying amount

At 30 September 2024

3,232.00

3,232.00

At 30 September 2023

4,310.00

4,310.00

6

Stocks

2024
£

2023
£

Other inventories

100.00

150.00

7

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Taxation and social security

112.00

112.00

Accruals and deferred income

540.00

300.00

Other creditors

15,426.00

16,092.00

16,078.00

16,504.00