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REGISTERED NUMBER: 08641885 (England and Wales)














UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

FOR

WEGBERG LIMITED

WEGBERG LIMITED (REGISTERED NUMBER: 08641885)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

WEGBERG LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTOR: M Pike





SECRETARY: Mrs S Pike





REGISTERED OFFICE: 30 Walmer Castle Road
Walmer
Kent
CT14 7NG





REGISTERED NUMBER: 08641885 (England and Wales)





ACCOUNTANTS: Higson & Co (Deal) Ltd
45 Queen Street
Deal
Kent
CT14 6EY

WEGBERG LIMITED (REGISTERED NUMBER: 08641885)

BALANCE SHEET
31 AUGUST 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 256 341

CURRENT ASSETS
Debtors 5 136,425 76,587
Cash at bank 9,567 -
145,992 76,587
CREDITORS
Amounts falling due within one year 6 91,959 42,263
NET CURRENT ASSETS 54,033 34,324
TOTAL ASSETS LESS CURRENT
LIABILITIES

54,289

34,665

CREDITORS
Amounts falling due after more than one
year

7

6,972

15,050
NET ASSETS 47,317 19,615

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 47,217 19,515
SHAREHOLDERS' FUNDS 47,317 19,615

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

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 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.

WEGBERG LIMITED (REGISTERED NUMBER: 08641885)

BALANCE SHEET - continued
31 AUGUST 2024


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 26 May 2025 and were signed by:





M Pike - Director


WEGBERG LIMITED (REGISTERED NUMBER: 08641885)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1. STATUTORY INFORMATION

Wegberg 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.

The financial statements are presented in round pounds £ sterling.

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 represents net invoiced sales of goods and services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on cost
Computer equipment - 33% on 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

WEGBERG LIMITED (REGISTERED NUMBER: 08641885)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 September 2023
and 31 August 2024 420 16,400 441 17,261
DEPRECIATION
At 1 September 2023 79 16,400 441 16,920
Charge for year 85 - - 85
At 31 August 2024 164 16,400 441 17,005
NET BOOK VALUE
At 31 August 2024 256 - - 256
At 31 August 2023 341 - - 341

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 83,228 12,505
Directors' current accounts 35,492 35,211
Tax 14,942 26,623
VAT 2,763 2,248
136,425 76,587

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts (see note 8) 8,600 17,087
Trade creditors 2,251 308
Tax 26,512 24,107
Deferred income 53,800 -
Accrued expenses 796 761
91,959 42,263

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans (see note 8) 6,972 15,050

WEGBERG LIMITED (REGISTERED NUMBER: 08641885)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

8. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts - 8,487
Bank loans 8,600 8,600
8,600 17,087

Amounts falling due between one and two years:
Bank loans - 1-2 years 6,972 8,600

Amounts falling due between two and five years:
Bank loans - 2-5 years - 6,450

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Directors Loan Account
A Member of Key Management Personnel

The following Directors loans subsisted within the year;

During the year the Director advanced the Company £42,470 (2023: £2,520)
During the year the Company repaid the Director £42,751 (2023: £3,167)
As at 31st August 2023 the Director owed the Company £35,492 (2023: £35,211)

Interest is charged on any amounts overdrawn and the loan is repayable on demand.

WEGBERG LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF
WEGBERG LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 August 2024 set out on pages one to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Higson & Co (Deal) Ltd
45 Queen Street
Deal
Kent
CT14 6EY


Date: .............................................