2023-07-012024-06-302024-06-30false12109206WP GRID LIMITED2025-02-0262012falseiso4217:GBPxbrli:pure121092062023-07-01121092062024-06-30121092062023-07-012024-06-30121092062022-07-01121092062023-06-30121092062022-07-012023-06-3012109206bus:SmallEntities2023-07-012024-06-3012109206bus:AuditExempt-NoAccountantsReport2023-07-012024-06-3012109206bus:FullAccounts2023-07-012024-06-3012109206bus:PrivateLimitedCompanyLtd2023-07-012024-06-3012109206core:WithinOneYear2024-06-3012109206core:AfterOneYear2024-06-3012109206core:WithinOneYear2023-06-3012109206core:AfterOneYear2023-06-3012109206core:ShareCapital2024-06-3012109206core:SharePremium2024-06-3012109206core:RevaluationReserve2024-06-3012109206core:OtherReservesSubtotal2024-06-3012109206core:RetainedEarningsAccumulatedLosses2024-06-3012109206core:ShareCapital2023-06-3012109206core:SharePremium2023-06-3012109206core:RevaluationReserve2023-06-3012109206core:OtherReservesSubtotal2023-06-3012109206core:RetainedEarningsAccumulatedLosses2023-06-3012109206core:LandBuildings2024-06-3012109206core:PlantMachinery2024-06-3012109206core:Vehicles2024-06-3012109206core:FurnitureFittings2024-06-3012109206core:OfficeEquipment2024-06-3012109206core:NetGoodwill2024-06-3012109206core:IntangibleAssetsOtherThanGoodwill2024-06-3012109206core:ListedExchangeTraded2024-06-3012109206core:UnlistedNon-exchangeTraded2024-06-3012109206core:LandBuildings2023-06-3012109206core:PlantMachinery2023-06-3012109206core:Vehicles2023-06-3012109206core:FurnitureFittings2023-06-3012109206core:OfficeEquipment2023-06-3012109206core:NetGoodwill2023-06-3012109206core:IntangibleAssetsOtherThanGoodwill2023-06-3012109206core:ListedExchangeTraded2023-06-3012109206core:UnlistedNon-exchangeTraded2023-06-3012109206core:LandBuildings2023-07-012024-06-3012109206core:PlantMachinery2023-07-012024-06-3012109206core:Vehicles2023-07-012024-06-3012109206core:FurnitureFittings2023-07-012024-06-3012109206core:OfficeEquipment2023-07-012024-06-3012109206core:NetGoodwill2023-07-012024-06-3012109206core:IntangibleAssetsOtherThanGoodwill2023-07-012024-06-3012109206core:ListedExchangeTraded2023-07-012024-06-3012109206core:UnlistedNon-exchangeTraded2023-07-012024-06-3012109206core:MoreThanFiveYears2023-07-012024-06-3012109206core:Non-currentFinancialInstruments2024-06-3012109206core:Non-currentFinancialInstruments2023-06-3012109206dpl:CostSales2023-07-012024-06-3012109206dpl:DistributionCosts2023-07-012024-06-3012109206core:LandBuildings2023-07-012024-06-3012109206core:PlantMachinery2023-07-012024-06-3012109206core:Vehicles2023-07-012024-06-3012109206core:FurnitureFittings2023-07-012024-06-3012109206core:OfficeEquipment2023-07-012024-06-3012109206dpl:AdministrativeExpenses2023-07-012024-06-3012109206core:NetGoodwill2023-07-012024-06-3012109206core:IntangibleAssetsOtherThanGoodwill2023-07-012024-06-3012109206dpl:GroupUndertakings2023-07-012024-06-3012109206dpl:ParticipatingInterests2023-07-012024-06-3012109206dpl:GroupUndertakingscore:ListedExchangeTraded2023-07-012024-06-3012109206core:ListedExchangeTraded2023-07-012024-06-3012109206dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-07-012024-06-3012109206core:UnlistedNon-exchangeTraded2023-07-012024-06-3012109206dpl:CostSales2022-07-012023-06-3012109206dpl:DistributionCosts2022-07-012023-06-3012109206core:LandBuildings2022-07-012023-06-3012109206core:PlantMachinery2022-07-012023-06-3012109206core:Vehicles2022-07-012023-06-3012109206core:FurnitureFittings2022-07-012023-06-3012109206core:OfficeEquipment2022-07-012023-06-3012109206dpl:AdministrativeExpenses2022-07-012023-06-3012109206core:NetGoodwill2022-07-012023-06-3012109206core:IntangibleAssetsOtherThanGoodwill2022-07-012023-06-3012109206dpl:GroupUndertakings2022-07-012023-06-3012109206dpl:ParticipatingInterests2022-07-012023-06-3012109206dpl:GroupUndertakingscore:ListedExchangeTraded2022-07-012023-06-3012109206core:ListedExchangeTraded2022-07-012023-06-3012109206dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-07-012023-06-3012109206core:UnlistedNon-exchangeTraded2022-07-012023-06-3012109206core:NetGoodwill2024-06-3012109206core:IntangibleAssetsOtherThanGoodwill2024-06-3012109206core:LandBuildings2024-06-3012109206core:PlantMachinery2024-06-3012109206core:Vehicles2024-06-3012109206core:FurnitureFittings2024-06-3012109206core:OfficeEquipment2024-06-3012109206core:AfterOneYear2024-06-3012109206core:WithinOneYear2024-06-3012109206core:ListedExchangeTraded2024-06-3012109206core:UnlistedNon-exchangeTraded2024-06-3012109206core:ShareCapital2024-06-3012109206core:SharePremium2024-06-3012109206core:RevaluationReserve2024-06-3012109206core:OtherReservesSubtotal2024-06-3012109206core:RetainedEarningsAccumulatedLosses2024-06-3012109206core:NetGoodwill2023-06-3012109206core:IntangibleAssetsOtherThanGoodwill2023-06-3012109206core:LandBuildings2023-06-3012109206core:PlantMachinery2023-06-3012109206core:Vehicles2023-06-3012109206core:FurnitureFittings2023-06-3012109206core:OfficeEquipment2023-06-3012109206core:AfterOneYear2023-06-3012109206core:WithinOneYear2023-06-3012109206core:ListedExchangeTraded2023-06-3012109206core:UnlistedNon-exchangeTraded2023-06-3012109206core:ShareCapital2023-06-3012109206core:SharePremium2023-06-3012109206core:RevaluationReserve2023-06-3012109206core:OtherReservesSubtotal2023-06-3012109206core:RetainedEarningsAccumulatedLosses2023-06-3012109206core:NetGoodwill2022-07-0112109206core:IntangibleAssetsOtherThanGoodwill2022-07-0112109206core:LandBuildings2022-07-0112109206core:PlantMachinery2022-07-0112109206core:Vehicles2022-07-0112109206core:FurnitureFittings2022-07-0112109206core:OfficeEquipment2022-07-0112109206core:AfterOneYear2022-07-0112109206core:WithinOneYear2022-07-0112109206core:ListedExchangeTraded2022-07-0112109206core:UnlistedNon-exchangeTraded2022-07-0112109206core:ShareCapital2022-07-0112109206core:SharePremium2022-07-0112109206core:RevaluationReserve2022-07-0112109206core:OtherReservesSubtotal2022-07-0112109206core:RetainedEarningsAccumulatedLosses2022-07-0112109206core:AfterOneYear2023-07-012024-06-3012109206core:WithinOneYear2023-07-012024-06-3012109206core:Non-currentFinancialInstrumentscore:CostValuation2023-07-012024-06-3012109206core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-07-012024-06-3012109206core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-07-012024-06-3012109206core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-07-012024-06-3012109206core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-07-012024-06-3012109206core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-07-012024-06-3012109206core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-07-012024-06-3012109206core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-07-012024-06-3012109206core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-07-012024-06-3012109206core:Non-currentFinancialInstrumentscore:CostValuation2024-06-3012109206core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-06-3012109206core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-06-3012109206core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-06-3012109206core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-06-3012109206core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-06-3012109206core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-06-3012109206core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-06-3012109206core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-06-3012109206core:Non-currentFinancialInstrumentscore:CostValuation2023-06-3012109206core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-06-3012109206core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-06-3012109206core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-06-3012109206core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-06-3012109206core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-06-3012109206core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-06-3012109206core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-06-3012109206core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-06-3012109206bus:Director12023-07-012024-06-30

WP GRID LIMITED

Registered Number
12109206
(England and Wales)

Unaudited Financial Statements for the Year ended
30 June 2024

WP GRID LIMITED
Company Information
for the year from 1 July 2023 to 30 June 2024

Director

CORREIA, Jason Paul

Registered Address

483 Green Lanes
London
N13 4BS

Registered Number

12109206 (England and Wales)
WP GRID LIMITED
Balance Sheet as at
30 June 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets386107
86107
Current assets
Debtors2,5761,332
Cash at bank and on hand8,54319,991
11,11921,323
Creditors amounts falling due within one year4(11,673)(11,180)
Net current assets (liabilities)(554)10,143
Total assets less current liabilities(468)10,250
Net assets(468)10,250
Capital and reserves
Profit and loss account(468)10,250
Shareholders' funds(468)10,250
The financial statements were approved and authorised for issue by the Director on 2 February 2025, and are signed on its behalf by:
CORREIA, Jason Paul
Director
Registered Company No. 12109206
WP GRID LIMITED
Notes to the Financial Statements
for the year ended 30 June 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:
2.Average number of employees

20242023
Average number of employees during the year00
3.Tangible fixed assets

Office Equipment

Total

££
Cost or valuation
At 01 July 231,5091,509
At 30 June 241,5091,509
Depreciation and impairment
At 01 July 231,4021,402
Charge for year2121
At 30 June 241,4231,423
Net book value
At 30 June 248686
At 30 June 23107107
4.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables8071,116
Bank borrowings and overdrafts48-
Taxation and social security10,81810,064
Total11,67311,180