IRIS Accounts Production v25.1.0.734 07212887 director 1.1.24 31.12.24 31.12.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh072128872023-12-31072128872024-12-31072128872024-01-012024-12-31072128872022-12-31072128872023-01-012023-12-31072128872023-12-3107212887ns15:EnglandWales2024-01-012024-12-3107212887ns14:PoundSterling2024-01-012024-12-3107212887ns10:Director12024-01-012024-12-3107212887ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3107212887ns10:SmallEntities2024-01-012024-12-3107212887ns10:AuditExempt-NoAccountantsReport2024-01-012024-12-3107212887ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3107212887ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3107212887ns10:FullAccounts2024-01-012024-12-3107212887ns10:OrdinaryShareClass12024-01-012024-12-3107212887ns10:RegisteredOffice2024-01-012024-12-3107212887ns5:CurrentFinancialInstruments2024-12-3107212887ns5:CurrentFinancialInstruments2023-12-3107212887ns5:Non-currentFinancialInstruments2024-12-3107212887ns5:Non-currentFinancialInstruments2023-12-3107212887ns5:ShareCapital2024-12-3107212887ns5:ShareCapital2023-12-3107212887ns5:CapitalRedemptionReserve2024-12-3107212887ns5:CapitalRedemptionReserve2023-12-3107212887ns5:RetainedEarningsAccumulatedLosses2024-12-3107212887ns5:RetainedEarningsAccumulatedLosses2023-12-3107212887ns5:PlantMachinery2024-01-012024-12-3107212887ns5:FurnitureFittings2024-01-012024-12-3107212887ns5:MotorVehicles2024-01-012024-12-3107212887ns5:ComputerEquipment2024-01-012024-12-3107212887ns5:PlantMachinery2023-12-3107212887ns5:FurnitureFittings2023-12-3107212887ns5:MotorVehicles2023-12-3107212887ns5:ComputerEquipment2023-12-3107212887ns5:PlantMachinery2024-12-3107212887ns5:FurnitureFittings2024-12-3107212887ns5:MotorVehicles2024-12-3107212887ns5:ComputerEquipment2024-12-3107212887ns5:PlantMachinery2023-12-3107212887ns5:FurnitureFittings2023-12-3107212887ns5:MotorVehicles2023-12-3107212887ns5:ComputerEquipment2023-12-3107212887ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3107212887ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3107212887ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2024-12-3107212887ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2023-12-3107212887ns5:FinanceLeasesns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3107212887ns5:FinanceLeasesns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3107212887ns5:FinanceLeasesns5:BetweenOneFiveYears2024-12-3107212887ns5:FinanceLeasesns5:BetweenOneFiveYears2023-12-3107212887ns5:FinanceLeases2024-12-3107212887ns5:FinanceLeases2023-12-3107212887ns10:OrdinaryShareClass12024-12-31072128871ns10:Director12023-12-31072128871ns10:Director12022-12-31072128871ns10:Director12024-01-012024-12-31072128871ns10:Director12023-01-012023-12-31072128871ns10:Director12024-12-31072128871ns10:Director12023-12-31
REGISTERED NUMBER: 07212887 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

WD Facades Ltd

WD Facades Ltd (Registered number: 07212887)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WD Facades Ltd

Company Information
for the Year Ended 31 December 2024







DIRECTOR: W J Little





REGISTERED OFFICE: Bretton House
Bell Meadow Business Park
Park Lane
Pulford
Chester
CH4 9EP





REGISTERED NUMBER: 07212887 (England and Wales)





ACCOUNTANTS: DUNCAN BOXWELL & COMPANY LIMITED
Bretton House
Bell Meadow Business Park
Pulford
Chester
Cheshire
CH4 9EP

WD Facades Ltd (Registered number: 07212887)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 165,291 139,763

CURRENT ASSETS
Stocks 39,275 27,861
Debtors 5 396,206 345,754
Prepayments and accrued income 43,240 60,755
Cash at bank and in hand 237,562 334,923
716,283 769,293
CREDITORS
Amounts falling due within one year 6 451,077 449,716
NET CURRENT ASSETS 265,206 319,577
TOTAL ASSETS LESS CURRENT
LIABILITIES

430,497

459,340

CREDITORS
Amounts falling due after more than
one year

7

(133,712

)

(171,389

)

PROVISIONS FOR LIABILITIES (22,214 ) (17,324 )

ACCRUALS AND DEFERRED INCOME (5,300 ) (5,500 )
NET ASSETS 269,271 265,127

WD Facades Ltd (Registered number: 07212887)

Balance Sheet - continued
31 December 2024

31.12.24 31.12.23
Notes £    £    £   
CAPITAL AND RESERVES
Called up share capital 10 1 1
Capital redemption reserve 1 1
Retained earnings 269,269 265,125
SHAREHOLDERS' FUNDS 269,271 265,127

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 April 2025 and were signed by:





W J Little - Director


WD Facades Ltd (Registered number: 07212887)

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

1. STATUTORY INFORMATION

WD Facades Ltd 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 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 - 10% on reducing balance
Fixtures and fittings - 11% Straight Line
Motor vehicles - 8% Straight Line
Computer equipment - 14% Straight line

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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

WD Facades Ltd (Registered number: 07212887)

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

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
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.

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Borrowings
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases
Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2023 - 23 ) .

WD Facades Ltd (Registered number: 07212887)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 January 2024 12,208 25,214 336,474 47,564 421,460
Additions - - 49,290 5,042 54,332
At 31 December 2024 12,208 25,214 385,764 52,606 475,792
DEPRECIATION
At 1 January 2024 12,208 20,995 200,199 48,295 281,697
Charge for year - 2,774 26,115 (85 ) 28,804
At 31 December 2024 12,208 23,769 226,314 48,210 310,501
NET BOOK VALUE
At 31 December 2024 - 1,445 159,450 4,396 165,291
At 31 December 2023 - 4,219 136,275 (731 ) 139,763

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 393,846 305,788
Other debtors 2,360 39,966
396,206 345,754

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans and overdrafts (see note 8)
23,556

23,587
Finance leases (see note 9) 54,925 50,737
Trade creditors 237,534 323,914
Taxation and social security 126,515 50,815
Other creditors 8,547 663
451,077 449,716

WD Facades Ltd (Registered number: 07212887)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans (see note 8) 32,037 55,593
Finance leases (see note 9) 101,675 115,796
133,712 171,389

8. LOANS

An analysis of the maturity of loans is given below:

31.12.24 31.12.23
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts - 31
Bank loans 23,556 23,556
23,556 23,587

Amounts falling due between one and two years:
Bank loans - 1-2 years 32,037 55,593

9. LEASING AGREEMENTS

Minimum lease payments under finance leases fall due as follows:

Finance leases
31.12.24 31.12.23
£    £   
Net obligations repayable:
Within one year 54,925 50,737
Between one and five years 101,675 115,796
156,600 166,533

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
1 Ordinary 1 1 1

WD Facades Ltd (Registered number: 07212887)

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

11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24 31.12.23
£    £   
W J Little
Balance outstanding at start of year (558 ) (69,768 )
Amounts advanced 65,205 210,361
Amounts repaid (73,194 ) (141,151 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (8,547 ) (558 )