WP & GW FOSTER LIMITED

Company Registration Number:
04514492 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2024

Period of accounts

Start date: 1 October 2023

End date: 30 September 2024

WP & GW FOSTER LIMITED

Contents of the Financial Statements

for the Period Ended 30 September 2024

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

WP & GW FOSTER LIMITED

Profit And Loss Account

for the Period Ended 30 September 2024

2024 2023


£

£
Turnover: 3,290,361 2,981,491
Cost of sales: ( 1,496,465 ) ( 1,313,886 )
Gross profit(or loss): 1,793,896 1,667,605
Administrative expenses: ( 1,283,898 ) ( 1,263,161 )
Operating profit(or loss): 509,998 404,444
Interest receivable and similar income: 12,726 5,784
Profit(or loss) before tax: 522,724 410,228
Tax: ( 74,249 ) ( 55,868 )
Profit(or loss) for the financial year: 448,475 354,360

WP & GW FOSTER LIMITED

Balance sheet

As at 30 September 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 966,606 702,342
Total fixed assets: 966,606 702,342
Current assets
Stocks: 4 6,745 7,500
Debtors: 5 916,827 773,908
Cash at bank and in hand: 1,377,094 1,216,120
Total current assets: 2,300,666 1,997,528
Creditors: amounts falling due within one year: 6 ( 444,548 ) ( 243,362 )
Net current assets (liabilities): 1,856,118 1,754,166
Total assets less current liabilities: 2,822,724 2,456,508
Total net assets (liabilities): 2,822,724 2,456,508
Capital and reserves
Called up share capital: 20 20
Profit and loss account: 2,822,704 2,456,488
Total Shareholders' funds: 2,822,724 2,456,508

The notes form part of these financial statements

WP & GW FOSTER LIMITED

Balance sheet statements

For the year ending 30 September 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 22 November 2024
and signed on behalf of the board by:

Name: GARY FOSTER
Status: Director

The notes form part of these financial statements

WP & GW FOSTER LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

    Tangible fixed assets depreciation policy

    DEPRECIATION AT 20% REDUCING BALANCE BASIS

WP & GW FOSTER LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 10 10

WP & GW FOSTER LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 October 2023 44,093 8,739 649,510 702,342
Additions 38,535 34,900 362,064 435,499
Disposals
Revaluations
Transfers
At 30 September 2024 82,628 43,639 1,011,574 1,137,841
Depreciation
At 1 October 2023 0 0 0
Charge for year 8,728 162,507 171,235
On disposals
Other adjustments
At 30 September 2024 8,728 162,507 171,235
Net book value
At 30 September 2024 82,628 34,911 849,067 966,606
At 30 September 2023 44,093 8,739 649,510 702,342

WP & GW FOSTER LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Stocks

2024 2023
£ £
Stocks 6,745 7,500
Total 6,745 7,500

WP & GW FOSTER LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

5. Debtors

2024 2023
£ £
Trade debtors 916,827 773,908
Total 916,827 773,908

WP & GW FOSTER LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 354,149 161,035
Taxation and social security 87,788 79,601
Accruals and deferred income 2,611 2,726
Total 444,548 243,362