Company Registration No. 01946148 (England and Wales)
Wexco Limited
Unaudited accounts
for the year ended 30 September 2024
Wexco Limited
Unaudited accounts
Contents
Wexco Limited
Company Information
for the year ended 30 September 2024
Directors
Clinton Silveria West
Thomas Andrew Rose
Paul Darrell West
Company Number
01946148 (England and Wales)
Registered Office
Unit 6 Poplars Trading Estate
Redditch Road
Studley
Warwickshire
B80 7AY
Accountants
Mosaic Accounting Limited
Frensham
Blakes Hill,
North Littleton,
Evesham
Warwickshire
WR11 8QN
Wexco Limited
Statement of financial position
as at 30 September 2024
Tangible assets
207,858
203,727
Cash at bank and in hand
56,472
46,721
Creditors: amounts falling due within one year
(132,517)
(138,333)
Net current assets
81,044
35,796
Total assets less current liabilities
288,902
239,523
Creditors: amounts falling due after more than one year
-
(47,002)
Net assets
288,902
192,521
Called up share capital
1,000
1,000
Profit and loss account
287,902
191,521
Shareholders' funds
288,902
192,521
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 31 March 2025 and were signed on its behalf by
Clinton Silveria West
Director
Company Registration No. 01946148
Wexco Limited
Notes to the Accounts
for the year ended 30 September 2024
Wexco Limited is a private company, limited by shares, registered in England and Wales, registration number 01946148. The registered office is Unit 6 Poplars Trading Estate, Redditch Road, Studley, Warwickshire, B80 7AY.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 October 2023
288,517
3,755
18,400
1,301
311,973
Additions
6,141
-
-
-
6,141
At 30 September 2024
294,658
3,755
18,400
1,301
318,114
At 1 October 2023
86,087
2,864
18,049
1,246
108,246
Charge for the year
1,685
223
88
14
2,010
At 30 September 2024
87,772
3,087
18,137
1,260
110,256
At 30 September 2024
206,886
668
263
41
207,858
At 30 September 2023
202,430
891
351
55
203,727
Wexco Limited
Notes to the Accounts
for the year ended 30 September 2024
Amounts falling due within one year
Trade debtors
148,628
120,211
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
23,510
50,896
Obligations under finance leases and hire purchase contracts
6,141
-
Trade creditors
53,982
49,206
Taxes and social security
17,163
18,098
Loans from directors
110
912
7
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
9
Average number of employees
During the year the average number of employees was 6 (2023: 6).