Company Registration No. 14358721 (England and Wales)
W R Systems Ltd
Unaudited accounts
for the year ended 30 September 2024
W R Systems Ltd
Unaudited accounts
Contents
W R Systems Ltd
Company Information
for the year ended 30 September 2024
Directors
Yvonne Palmer
Nigel Palmer
Company Number
14358721 (England and Wales)
Registered Office
RIDGE FARM 323 WOODLANDS ROAD
WOODLANDS
SOUTHAMPTON
SO40 7GE
ENGLAND
Accountants
Eve Day Accountancy Ltd
252 Calmore Road
Calmore
Southampton
Wiltshire
S040 2RB
W R Systems Ltd
Statement of financial position
as at 30 September 2024
Intangible assets
3,000
4,000
Tangible assets
7,491
13,740
Cash at bank and in hand
3,251
14,059
Creditors: amounts falling due within one year
(27,237)
(42,521)
Net current assets
17,183
15,620
Called up share capital
1
1
Profit and loss account
27,673
33,359
Shareholders' funds
27,674
33,360
For the year ending 30 September 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 4 June 2025 and were signed on its behalf by
Yvonne Palmer
Director
Company Registration No. 14358721
W R Systems Ltd
Notes to the Accounts
for the year ended 30 September 2024
W R Systems Ltd is a private company, limited by shares, registered in England and Wales, registration number 14358721. The registered office is RIDGE FARM 323 WOODLANDS ROAD, WOODLANDS, SOUTHAMPTON, SO40 7GE, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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Intangible fixed assets
Goodwill
At 30 September 2024
5,000
At 30 September 2024
2,000
At 30 September 2024
3,000
At 30 September 2023
4,000
W R Systems Ltd
Notes to the Accounts
for the year ended 30 September 2024
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 October 2023
8,900
21,877
30,777
At 30 September 2024
8,900
21,877
30,777
At 1 October 2023
2,540
14,497
17,037
Charge for the year
1,020
5,229
6,249
At 30 September 2024
3,560
19,726
23,286
At 30 September 2024
5,340
2,151
7,491
At 30 September 2023
6,360
7,380
13,740
Amounts falling due within one year
Trade debtors
17,626
43,062
Accrued income and prepayments
1,020
1,020
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
6,784
-
Obligations under finance leases and hire purchase contracts
-
7,581
Taxes and social security
3,213
11,050
Loans from directors
3,354
4,998
8
Average number of employees
During the year the average number of employees was 4 (2023: 2).