IRIS Accounts Production v24.3.0.553 01274833 Board of Directors Board of Directors 1.10.23 30.9.24 30.9.24 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh012748332023-09-30012748332024-09-30012748332023-10-012024-09-30012748332022-09-30012748332022-10-012023-09-30012748332023-09-3001274833ns15:EnglandWales2023-10-012024-09-3001274833ns14:PoundSterling2023-10-012024-09-3001274833ns10:Director12023-10-012024-09-3001274833ns10:Director22023-10-012024-09-3001274833ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3001274833ns10:SmallEntities2023-10-012024-09-3001274833ns10:AuditExempt-NoAccountantsReport2023-10-012024-09-3001274833ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3001274833ns10:FullAccounts2023-10-012024-09-3001274833ns10:RegisteredOffice2023-10-012024-09-3001274833ns5:CurrentFinancialInstruments2024-09-3001274833ns5:CurrentFinancialInstruments2023-09-3001274833ns5:Non-currentFinancialInstruments2024-09-3001274833ns5:Non-currentFinancialInstruments2023-09-3001274833ns5:ShareCapital2024-09-3001274833ns5:ShareCapital2023-09-3001274833ns5:RevaluationReserve2024-09-3001274833ns5:RevaluationReserve2023-09-3001274833ns5:RetainedEarningsAccumulatedLosses2024-09-3001274833ns5:RetainedEarningsAccumulatedLosses2023-09-3001274833ns5:PlantMachinery2023-10-012024-09-3001274833ns5:PlantMachinery2023-09-3001274833ns5:PlantMachinery2024-09-3001274833ns5:PlantMachinery2023-09-3001274833ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3001274833ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-3001274833ns5:RevaluationReserve2023-09-30
REGISTERED NUMBER: 01274833 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH SEPTEMBER 2024

FOR

WREKIN OFFICE EQUIPMENT LIMITED

WREKIN OFFICE EQUIPMENT LIMITED (REGISTERED NUMBER: 01274833)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30th September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WREKIN OFFICE EQUIPMENT LIMITED

COMPANY INFORMATION
for the Year Ended 30th September 2024







DIRECTORS: P A Hancocks
Ms T D Withington





REGISTERED OFFICE: Weighbridge House Home Farm Barns
Home Farm Lane
Leighton
Shrewsbury
SY5 6RR





REGISTERED NUMBER: 01274833 (England and Wales)





ACCOUNTANTS: D E Ball & Co Limited
Chartered Accountants
15 Bridge Road
Wellington
Telford
Shropshire
TF1 1EB

WREKIN OFFICE EQUIPMENT LIMITED (REGISTERED NUMBER: 01274833)

BALANCE SHEET
30th September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 461 576
Investment property 5 240,000 240,000
240,461 240,576

CURRENT ASSETS
Debtors 6 3,200 3,200
Cash at bank 6,023 3,886
9,223 7,086
CREDITORS
Amounts falling due within one year 7 7,351 8,583
NET CURRENT ASSETS/(LIABILITIES) 1,872 (1,497 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

242,333

239,079

CREDITORS
Amounts falling due after more than one year 8 (8 ) (8 )

PROVISIONS FOR LIABILITIES (35,596 ) (35,645 )
NET ASSETS 206,729 203,426

CAPITAL AND RESERVES
Called up share capital 102 102
Revaluation reserve 9 151,377 151,377
Retained earnings 55,250 51,947
SHAREHOLDERS' FUNDS 206,729 203,426

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

WREKIN OFFICE EQUIPMENT LIMITED (REGISTERED NUMBER: 01274833)

BALANCE SHEET - continued
30th September 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27th January 2025 and were signed on its behalf by:




P A Hancocks - Director



Ms T D Withington - Director


WREKIN OFFICE EQUIPMENT LIMITED (REGISTERED NUMBER: 01274833)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30th September 2024

1. STATUTORY INFORMATION

Wrekin Office Equipment Limited 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.

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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 20% on reducing balance

Investment property
In the Directors opinion, the Investment Properties carrying value does not differ materially from its fair value at the balance sheet date. No independent valuation has been obtained at the balance sheet date to confirm this.

The Directors recognise the requirement to obtain an independent valuation with sufficient regularity to confirm the Investment Properties carrying amount in the balance sheet does not differ materially from its fair value.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3. EMPLOYEES AND DIRECTORS

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

WREKIN OFFICE EQUIPMENT LIMITED (REGISTERED NUMBER: 01274833)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30th September 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1st October 2023
and 30th September 2024 18,137
DEPRECIATION
At 1st October 2023 17,561
Charge for year 115
At 30th September 2024 17,676
NET BOOK VALUE
At 30th September 2024 461
At 30th September 2023 576

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st October 2023
and 30th September 2024 240,000
NET BOOK VALUE
At 30th September 2024 240,000
At 30th September 2023 240,000

Fair value at 30th September 2024 is represented by:
£   
Valuation in 2000 79,254
Valuation in 2022 107,631
Cost 53,115
240,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 3,200 3,200

WREKIN OFFICE EQUIPMENT LIMITED (REGISTERED NUMBER: 01274833)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30th September 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Taxation and social security 3,887 3,554
Other creditors 3,464 5,029
7,351 8,583

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.9.24 30.9.23
£    £   
Other creditors 8 8

9. RESERVES
Revaluation
reserve
£   
At 1st October 2023
and 30th September 2024 151,377

10. ULTIMATE CONTROLLING PARTY

The controlling party is P A Hancocks.