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REGISTERED NUMBER: 13526049 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

WG BUILDING LIMITED

WG BUILDING LIMITED (REGISTERED NUMBER: 13526049)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


WG BUILDING LIMITED

Company Information
for the Year Ended 31 July 2024







DIRECTOR: W Griffiths





SECRETARY: Mrs M Griffiths





REGISTERED OFFICE: c/o BTMR Limited
Century Buildings
14 St Mary's Parsonage
Manchester
M3 2DF





REGISTERED NUMBER: 13526049 (England and Wales)





ACCOUNTANTS: BTMR Limited
Century Buildings
14 St Mary's Parsonage
Manchester
M3 2DF

WG BUILDING LIMITED (REGISTERED NUMBER: 13526049)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 24,328 25,145

CURRENT ASSETS
Debtors 5 - 215,795
Cash at bank 426,366 291,606
426,366 507,401
CREDITORS
Amounts falling due within one year 6 109,453 252,245
NET CURRENT ASSETS 316,913 255,156
TOTAL ASSETS LESS CURRENT
LIABILITIES

341,241

280,301

PROVISIONS FOR LIABILITIES 6,038 5,281
NET ASSETS 335,203 275,020

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 335,103 274,920
SHAREHOLDERS' FUNDS 335,203 275,020

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

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 director and authorised for issue on 14 April 2025 and were signed by:





W Griffiths - Director


WG BUILDING LIMITED (REGISTERED NUMBER: 13526049)

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


1. STATUTORY INFORMATION

WG Building 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.

Turnover
Turnover is accounted for as revenue when, and to the extent that, the company obtains a right to consideration in exchange for its performance of its obligations under the sales contract with the customer. The amount reported as revenue is the fair value of the right to consideration - usually the price specified in the contractual arrangement net of discounts and net of VAT, and after any allowance for credit risk and other uncertainties.

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

Tangible fixed assets are initially recorded at cost.

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.

Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

WG BUILDING LIMITED (REGISTERED NUMBER: 13526049)

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


4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 August 2023 11,759 23,300 35,059
Additions 5,271 - 5,271
At 31 July 2024 17,030 23,300 40,330
DEPRECIATION
At 1 August 2023 1,876 8,038 9,914
Charge for year 2,273 3,815 6,088
At 31 July 2024 4,149 11,853 16,002
NET BOOK VALUE
At 31 July 2024 12,881 11,447 24,328
At 31 July 2023 9,883 15,262 25,145

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors - 211,495
Other debtors - 4,300
- 215,795

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade creditors 30 65
Taxation and social security 60,493 94,961
Other creditors 48,930 157,219
109,453 252,245