2 2 WRS (Herts) Limited 09316929 false 2023-12-01 2024-11-30 2024-11-30 The principal activity of the company is provision of sub contractor services to the diamond drilling and sawing industry. Digita Accounts Production Advanced 6.30.9574.0 true 09316929 2023-12-01 2024-11-30 09316929 2024-11-30 09316929 bus:OrdinaryShareClass1 2024-11-30 09316929 core:RetainedEarningsAccumulatedLosses 2024-11-30 09316929 core:ShareCapital 2024-11-30 09316929 core:CurrentFinancialInstruments 2024-11-30 09316929 core:CurrentFinancialInstruments core:WithinOneYear 2024-11-30 09316929 core:FurnitureFittingsToolsEquipment 2024-11-30 09316929 core:MotorVehicles 2024-11-30 09316929 core:OtherPropertyPlantEquipment 2024-11-30 09316929 bus:SmallEntities 2023-12-01 2024-11-30 09316929 bus:AuditExemptWithAccountantsReport 2023-12-01 2024-11-30 09316929 bus:FilletedAccounts 2023-12-01 2024-11-30 09316929 bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 09316929 bus:RegisteredOffice 2023-12-01 2024-11-30 09316929 bus:Director1 2023-12-01 2024-11-30 09316929 bus:OrdinaryShareClass1 2023-12-01 2024-11-30 09316929 bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 09316929 bus:Agent1 2023-12-01 2024-11-30 09316929 core:FurnitureFittingsToolsEquipment 2023-12-01 2024-11-30 09316929 core:MotorVehicles 2023-12-01 2024-11-30 09316929 core:OtherPropertyPlantEquipment 2023-12-01 2024-11-30 09316929 core:PlantMachinery 2023-12-01 2024-11-30 09316929 countries:AllCountries 2023-12-01 2024-11-30 09316929 2023-11-30 09316929 core:FurnitureFittingsToolsEquipment 2023-11-30 09316929 core:MotorVehicles 2023-11-30 09316929 core:OtherPropertyPlantEquipment 2023-11-30 09316929 2022-12-01 2023-11-30 09316929 2023-11-30 09316929 bus:OrdinaryShareClass1 2023-11-30 09316929 core:RetainedEarningsAccumulatedLosses 2023-11-30 09316929 core:ShareCapital 2023-11-30 09316929 core:CurrentFinancialInstruments 2023-11-30 09316929 core:CurrentFinancialInstruments core:WithinOneYear 2023-11-30 09316929 core:FurnitureFittingsToolsEquipment 2023-11-30 09316929 core:MotorVehicles 2023-11-30 09316929 core:OtherPropertyPlantEquipment 2023-11-30 xbrli:pure iso4217:GBP xbrli:shares

Registration number: 09316929

WRS (Herts) Limited

Unaudited Filleted Abridged Financial Statements

for the Year Ended 30 November 2024

 

WRS (Herts) Limited

Contents

Company Information

1

Abridged Balance Sheet

2 to 3

Notes to the Unaudited Abridged Financial Statements

4 to 6

 

WRS (Herts) Limited

Company Information

Director

Miss Yvonne Willis

Registered office

Unit 1 Barons Court
Graceways
Whitehills Business Park
Blackpool
Lancashire
FY4 5GP

Accountants

Rawcliffe & Co Limited
Chartered AccountantsUnit 1 Barons Court
Graceways
Whitehills Business Park
Blackpool
Lancashire
FY4 5GP

 

WRS (Herts) Limited

(Registration number: 09316929)
Abridged Balance Sheet as at 30 November 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

980

1,814

Current assets

 

Debtors

11,031

14,466

Cash at bank and in hand

 

10,189

12,533

 

21,220

26,999

Creditors: Amounts falling due within one year

(9,816)

(9,167)

Net current assets

 

11,404

17,832

Total assets less current liabilities

 

12,384

19,646

Provisions for liabilities

(186)

(345)

Accruals and deferred income

 

(60)

(60)

Net assets

 

12,138

19,241

Capital and reserves

 

Called up share capital

5

100

100

Retained earnings

12,038

19,141

Shareholders' funds

 

12,138

19,241

 

WRS (Herts) Limited

(Registration number: 09316929)
Abridged Balance Sheet as at 30 November 2024

For the financial year ending 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These annual accountsand reports have been delivered im accordance with the provisions applicable to companies subject to the small companies regime in accordance with section 444(5) of the companies act 2006.

In accordance with Section 444(5A)

 

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 14 May 2025
 

.........................................
Miss Yvonne Willis
Director

   
     
 

WRS (Herts) Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 November 2024

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Unit 1 Barons Court
Graceways
Whitehills Business Park
Blackpool
Lancashire
FY4 5GP
United Kingdom

The principal place of business is:
7 Heath Brow
Hemel Hempstead
Hertfordshire
HP1 1JL

These financial statements were authorised for issue by the director on 14 May 2025.

2

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 abridged 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 abridged 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.

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.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

 

WRS (Herts) Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 November 2024

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred corporation tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred corporation tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures & Fittings and Tools & Equipment

25% reducing balance

Motor Vehicles

25% reducing balance

Plant and machinery

25% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

 

WRS (Herts) Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 November 2024

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2023 - 2).

4

Tangible assets

Furniture, fittings and equipment
 £

Motor vehicles
 £

Other tangible assets
£

Total
£

Cost or valuation

At 1 December 2023

4,374

6,750

2,230

13,354

Disposals

-

(6,750)

-

(6,750)

At 30 November 2024

4,374

-

2,230

6,604

Depreciation

At 1 December 2023

3,710

6,243

1,587

11,540

Charge for the year

166

-

161

327

Eliminated on disposal

-

(6,243)

-

(6,243)

At 30 November 2024

3,876

-

1,748

5,624

Carrying amount

At 30 November 2024

498

-

482

980

At 30 November 2023

664

507

643

1,814

5

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary Share Capital of £1 each

100

100

100

100