Wehrle Environmental Limited 06780201 false 2023-07-01 2024-06-30 2024-06-30 The principal activity of the company is to provide biological and physical/chemical treatment systems for the environmental, energy and manufacturing industries, as well as to provide a management service to its holding company Digita Accounts Production Advanced 6.30.9574.0 true false 06780201 2023-07-01 2024-06-30 06780201 2024-06-30 06780201 core:CurrentFinancialInstruments 2024-06-30 06780201 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 06780201 core:FurnitureFittingsToolsEquipment 2024-06-30 06780201 bus:SmallEntities 2023-07-01 2024-06-30 06780201 bus:Audited 2023-07-01 2024-06-30 06780201 bus:FilletedAccounts 2023-07-01 2024-06-30 06780201 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 06780201 bus:RegisteredOffice 2023-07-01 2024-06-30 06780201 bus:Director1 2023-07-01 2024-06-30 06780201 bus:Director5 2023-07-01 2024-06-30 06780201 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 06780201 bus:Agent1 2023-07-01 2024-06-30 06780201 core:FurnitureFittingsToolsEquipment 2023-07-01 2024-06-30 06780201 core:OfficeEquipment 2023-07-01 2024-06-30 06780201 1 2023-07-01 2024-06-30 06780201 countries:EnglandWales 2023-07-01 2024-06-30 06780201 2023-06-30 06780201 core:FurnitureFittingsToolsEquipment 2023-06-30 06780201 2022-07-01 2023-06-30 06780201 2023-06-30 06780201 core:CurrentFinancialInstruments 2023-06-30 06780201 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 06780201 core:FurnitureFittingsToolsEquipment 2023-06-30 iso4217:GBP xbrli:pure

Registration number: 06780201

Wehrle Environmental Limited

Filleted Financial Statements

for the Year Ended 30 June 2024

 

Wehrle Environmental Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3 to 6

 

Wehrle Environmental Limited

Company Information

Directors

Amritpal Singh Barmi

Mr Heiner Steinberg

Registered office

Unit 11
The Croft Buntsford Drive
Stoke Heath
Bromsgrove
B60 4JE

Bankers

HSBC
24 Market Square
Witney
Oxfordshire
OX28 6BG

Auditors

Just Audit & Assurance Ltd
Registered Auditors
37 Market Square
Witney
Oxfordshire
OX28 6RE

 

Wehrle Environmental Limited

(Registration number: 06780201)
Balance Sheet as at 30 June 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

688

1,254

Current assets

 

Debtors

5

266,955

196,856

Cash at bank and in hand

 

22,079

35,910

 

289,034

232,766

Creditors: Amounts falling due within one year

6

(51,366)

(36,532)

Net current assets

 

237,668

196,234

Total assets less current liabilities

 

238,356

197,488

Provisions for liabilities

(86)

(205)

Net assets

 

238,270

197,283

Capital and reserves

 

Called up share capital

2

2

Retained earnings

238,268

197,281

Shareholders' funds

 

238,270

197,283

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.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 10 December 2024 and signed on its behalf by:
 

.........................................
Amritpal Singh Barmi
Director

.........................................
Mr Heiner Steinberg
Director

 

Wehrle Environmental Limited

Notes to the Financial Statements for the Year Ended 30 June 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:
Unit 11
The Croft Buntsford Drive
Stoke Heath
Bromsgrove
B60 4JE
United Kingdom

These financial statements were authorised for issue by the Board on 10 December 2024.

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.

Audit report

The Independent Auditor's Report was unqualified. . The name of the Senior Statutory Auditor who signed the audit report on 12 December 2024 was Jonathan Russell, who signed for and on behalf of Just Audit & Assurance Ltd.

.........................................

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.

 

Wehrle Environmental Limited

Notes to the Financial Statements for the Year Ended 30 June 2024

Tax

The tax expense for the period comprises current and deferred 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.

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.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

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

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

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

Furniture and fixtures & assets for new premises

20% straight line

Office equipment

25% straight line

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.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

 

Wehrle Environmental Limited

Notes to the Financial Statements for the Year Ended 30 June 2024

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.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2023 - 3).

 

Wehrle Environmental Limited

Notes to the Financial Statements for the Year Ended 30 June 2024

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 July 2023

29,512

29,512

At 30 June 2024

29,512

29,512

Depreciation

At 1 July 2023

28,258

28,258

Charge for the year

566

566

At 30 June 2024

28,824

28,824

Carrying amount

At 30 June 2024

688

688

At 30 June 2023

1,254

1,254

5

Debtors

Current

Note

2024
£

2023
£

Amounts owed by related parties

253,629

182,693

Prepayments

 

8,646

8,647

Other debtors

 

4,680

5,516

   

266,955

196,856

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

7,312

974

Taxation and social security

19,376

17,380

Accruals and deferred income

6,800

3,400

Other creditors

17,878

14,778

51,366

36,532

7

Parent and ultimate parent undertaking

The company's immediate parent is Wehrle-Werk AG, incorporated in Germany.