Registration number:
WHWR Ltd
for the Year Ended 31 October 2024
WHWR Ltd
(Registration number: NI061546)
Balance Sheet as at 31 October 2024
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Note |
2024 |
2023 |
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Current assets |
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Stocks |
|
|
|
|
Debtors |
- |
|
|
|
Cash at bank and in hand |
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|
|
|
|
|
||
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Creditors: Amounts falling due within one year |
( |
( |
|
|
Net liabilities |
( |
( |
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Capital and reserves |
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Called up share capital |
100 |
100 |
|
|
Retained earnings |
(71,397) |
(75,659) |
|
|
Shareholders' deficit |
(71,297) |
(75,559) |
For the financial year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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• |
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• |
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
Approved and authorised by the
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......................................... |
WHWR Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024
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General information |
The company is a private company limited by share capital, incorporated in Northern Ireland.
The address of its registered office is:
The principal place of business is:
46-48 Doury Road
Ballymena
BT43 6JB
These financial statements were authorised for issue by the
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Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Going concern
At 31/10/2024, the company's liabilities exceeded it's assets. The company is therefore dependent on it's continuing financial support from the directors. The directors have confirmed that they will not withdraw their loans to the company until it has become solvent.
Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.
WHWR Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024
Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.
Borrowings
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.
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Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
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Stocks |
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2024 |
2023 |
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Work in progress |
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Debtors |
|
Current |
2024 |
2023 |
|
Other debtors |
- |
|
|
- |
|
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Creditors |
Creditors: amounts falling due within one year
|
2024 |
2023 |
|
|
Due within one year |
||
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Trade creditors |
- |
|
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Accruals and deferred income |
|
|
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Other creditors |
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WHWR Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 October 2024
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Share capital |
Allotted, called up and fully paid shares
|
2024 |
2023 |
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No. |
£ |
No. |
£ |
|
|
|
|
100 |
|
100 |