2023-09-01 05742536 2024-08-31 05742536 2023-09-01 2024-08-31 05742536 2023-08-31 05742536 2022-09-01 2023-08-31 05742536 uk-core:WithinOneYear 2023-08-31 05742536 uk-core:WithinOneYear 2024-08-31 05742536 uk-core:ShareCapital 2024-08-31 05742536 uk-core:ShareCapital 2023-08-31 05742536 uk-core:RetainedEarningsAccumulatedLosses 2024-08-31 05742536 uk-core:RetainedEarningsAccumulatedLosses 2023-08-31 05742536 uk-bus:Director1 2023-09-01 2024-08-31 05742536 uk-core:PlantMachinery 2023-09-01 2024-08-31 05742536 uk-core:ToolsEquipment 2023-09-01 2024-08-31 05742536 uk-core:CommercialMotorVehicles 2023-09-01 2024-08-31 05742536 uk-core:FurnitureFittings 2023-09-01 2024-08-31 05742536 uk-core:ToolsEquipment 2023-08-31 05742536 uk-core:FurnitureFittings 2023-08-31 05742536 uk-core:PlantMachinery 2023-08-31 05742536 uk-core:LeaseholdImprovements 2023-08-31 05742536 uk-core:LeaseholdImprovements 2023-09-01 2024-08-31 05742536 uk-core:PlantMachinery 2024-08-31 05742536 uk-core:FurnitureFittings 2024-08-31 05742536 uk-core:ToolsEquipment 2024-08-31 05742536 uk-core:LeaseholdImprovements 2024-08-31 iso4217:GBP xbrli:pure 05742536 uk-bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 05742536 uk-bus:FRS102 2023-09-01 2024-08-31 05742536 uk-bus:FilletedAccounts 2023-09-01 2024-08-31 05742536 uk-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31
Weeshred Ltd
Registered Number:05742536
For the year ended 31 August 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 August 2024
Weeshred Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
05742536
As at 31 August 2024
Weeshred Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
43,333
47,151
2
43,333
47,151
Current assets
Inventories
1,050
1,250
3
Trade and other receivables
169,787
189,069
4
98,058
Cash and cash equivalents
104,325
294,644
268,895
Trade and other payables: amounts falling due within one
year
(71,453)
(93,047)
5
197,442
201,597
Net current assets
Total assets less current liabilities
244,930
244,593
244,930
Net assets
244,593
Capital and reserves
Called up share capital
100
100
Retained earnings
244,830
244,493
244,930
244,593
Shareholders' funds
For the year ended 31 August 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
R A Ward Director
These financial statements were approved and authorised for issue by the Board on 20 May 2025 and were signed by:
The notes form part of these financial statements
1 of 4
4
For the year ended 31 August 2024
Weeshred Ltd
Notes to the Financial Statements
Statutory Information
Weeshred Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number
05742536.
Registered address:
Unit 4, Croft Industrial Estate
Croft Lane
Bury
Lancashire
BL9 8QG
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
15% Reducing balance
25% Straight line
Computer equipment
25% Straight line
Motor vehicles
20% Straight line
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2 of 4
5
For the year ended 31 August 2024
Weeshred Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
Plant and
machinery
Land and
buildings
£
£
£
£
£
Cost or
valuation
At 01 September 2023
111,117
4,475
6,978
90,217
9,447
2,501
530
1,971
-
-
Additions
At 31 August 2024
90,217
8,949
5,005
113,618
9,447
Provision for depreciation and impairment
At 01 September 2023
63,966
4,091
3,512
56,363
-
Charge for year
6,319
282
960
5,077
-
At 31 August 2024
70,285
4,373
4,472
61,440
-
At 31 August 2024
Net book value
9,447
28,777
4,477
632
43,333
At 31 August 2023
9,447
33,854
3,466
384
47,151
3. Inventories
2023
2024
£
£
Stocks
1,250
1,050
4. Trade and other receivables
2023
2024
£
£
Trade debtors
186,278
158,121
Other debtors
2,791
11,666
169,787
189,069
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
16,169
3,906
Taxation and social security
71,646
62,549
Other creditors
5,232
4,998
93,047
71,453
6. Average number of persons employed
During the year the average number of employees was 11 (2023 : 10)
3 of 4
6
For the year ended 31 August 2024
Weeshred Ltd
Notes to the Financial Statements Continued
4 of 4