BrightAccountsProduction v1.0.0 v1.0.0 2023-08-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity of the business is that of Non-specialised wholesale trade. 28 April 2025 1 NI699913 2024-08-31 NI699913 2023-07-31 NI699913 2023-08-01 2024-08-31 NI699913 uk-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-08-31 NI699913 uk-curr:PoundSterling 2023-08-01 2024-08-31 NI699913 uk-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-08-31 NI699913 uk-bus:FullAccounts 2023-08-01 2024-08-31 NI699913 uk-bus:Director1 2023-08-01 2024-08-31 NI699913 uk-bus:RegisteredOffice 2023-08-01 2024-08-31 NI699913 uk-bus:Agent1 2023-08-01 2024-08-31 NI699913 uk-core:ShareCapital 2024-08-31 NI699913 uk-core:RetainedEarningsAccumulatedLosses 2024-08-31 NI699913 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-08-31 NI699913 uk-bus:FRS102 2023-08-01 2024-08-31 NI699913 uk-core:WithinOneYear 2024-08-31 NI699913 uk-core:ParentEntities 2023-08-01 2024-08-31 NI699913 2023-08-01 2024-08-31 NI699913 uk-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-08-31 xbrli:pure iso4217:GBP xbrli:shares
Company Registration Number: NI699913
 
 
Wire Mesh Gates and Panels (UK) Ltd
 
Unaudited Financial Statements
 
for the financial period from 1 August 2023 (date of incorporation) to 31 August 2024



Wire Mesh Gates and Panels (UK) Ltd
DIRECTOR AND OTHER INFORMATION

 
Director Mark Loughens (Appointed 1 August 2023)
 
 
Company Registration Number NI699913
 
 
Registered Office St Anne's House
15 Church Street
Northern Ireland
BT1 1PG
 
 
Business Address Beechlawn Stables
Blackmillershill
Kildare
R51 X272
Ireland
 
 
Accountants Quarter
Chartered Accountants
St. Anne's House
15 Church Street
Cathedral Quarter
Belfast
Antrim
BT1 1PG
 
 
Bankers First Trust Bank
  11-15 Donegal Square North
  Belfast
  Antrim
  BT1 5GB



Wire Mesh Gates and Panels (UK) Ltd
Company Registration Number: NI699913
STATEMENT OF FINANCIAL POSITION
as at 31 August 2024

Aug 24
Notes £
 
Current Assets
Inventories 6 82,875
Receivables 7 1,014
Cash and cash equivalents 100
─────────
83,989
─────────
Payables: amounts falling due within one year 8 (91,530)
─────────
Net Current Liabilities (7,541)
─────────
Total Assets less Current Liabilities (7,541)
═════════
 
Equity
Called up share capital 100
Retained earnings (7,641)
─────────
Equity attributable to owners of the company (7,541)
═════════
 
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).
       
The company has taken advantage of the exemption under section 444 not to file the Income Statement and Director's Report.
       
For the financial period from 1 August 2023 (date of incorporation) to 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
       
The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial period in question in accordance with section 476 of the Companies Act 2006.
       
The director acknowledges his responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial period and of its profit and loss for the financial period 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.
       
Approved by the Director and authorised for issue on 28 April 2025
       
       
________________________________      
Mark Loughens      
Director      
       



Wire Mesh Gates and Panels (UK) Ltd

STATEMENT OF CHANGES IN EQUITY
as at 31 August 2024
Retained Total
earnings
 
£ £
 
Loss for the financial period (7,641) (7,641)
  ───────── ─────────
At 31 August 2024 (7,641) (7,641)
  ═════════ ═════════



Wire Mesh Gates and Panels (UK) Ltd
NOTES TO THE FINANCIAL STATEMENTS
for the financial period from 1 August 2023 (date of incorporation) to 31 August 2024

   
1. General Information
 
Wire Mesh Gates and Panels (UK) Ltd is a company limited by shares incorporated and registered in Northern Ireland. The registered number of the company is NI699913. The registered office of the company is St Anne's House, 15 Church Street, Northern Ireland, BT1 1PG. The principal activity of the business is that of Non-specialised wholesale trade. The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the financial period ended 31 August 2024 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Inventories
Inventories are valued at the lower of cost and net realisable value. Inventories are determined on a first-in first-out basis. Cost comprises expenditure incurred in the normal course of business in bringing inventories to their present location and condition.  Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.
 
Trade and other receivables
Trade and other receivables are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Trade and other payables
Trade and other payables are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Employee benefits
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The company also operates a defined benefit pension scheme for its employees providing benefits based on final pensionable pay. The assets of this scheme are also held separately from those of the company, being invested with pension fund managers.
 
Taxation and deferred taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial period and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Statement of Financial Position date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Statement of Financial Position date.
 
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Statement of Financial Position date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Income Statement.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
   
3. Period of financial statements
 
The financial statements are for the 13 month period from 1 August 2023 (date of incorporation) to 31 August 2024.
   
4. Going concern
 
At the 31st August 2024, the company had a deficiency of assets of £7,541. The company relies upon the support of it's director and creditors.
     
5. Employees
 
The average monthly number of employees, including director, during the financial period was 1,
 
  Aug 24
  Number
 
Director 1
  ═════════
     
6. Inventories Aug 24
  £
 
Raw materials 82,875
  ═════════
 
The replacement cost of stock did not differ significantly from the figures shown.
     
7. Receivables Aug 24
  £
 
Taxation  (Note 9) 1,014
  ═════════
     
8. Payables Aug 24
Amounts falling due within one year £
 
Trade payables 83,692
Amounts owed to connected parties (Note 11) 5,863
Accruals 1,975
  ─────────
  91,530
  ═════════
     
9. Taxation Aug 24
  £
 
Receivables:
VAT 1,014
  ═════════
     
10. Capital commitments
 
The company had no material capital commitments at the financial period-ended 31 August 2024.
         
11. Related party transactions
The following amounts are due to other connected parties:
      Aug 24
      £
 
Wire Mesh Gates and Panels Limited     5,863
      ═════════
 
Wire Mesh Gates and Panels (UK) Ltd is a 100% subsidiary of Wire Mesh Gates and Panels Limited.

During the period to 31st August 2024, there was net movement of £5,863. As at 31st August 2024, Wire Mesh Gates and Panels (UK) Ltd owed £5,863 to Wire Mesh Gates and Panels Ltd.
   
12. Parent company
 
The company regards Wire Mesh Gates and Panels Limited as its parent company.
 
   
13. Events After the End of the Reporting Period
 
There have been no significant events affecting the company since the financial period-end.