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REGISTERED NUMBER: 08112742 (England and Wales)












WF SQL LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JULY 2024 TO 31 MAY 2025






WF SQL LTD (REGISTERED NUMBER: 08112742)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JULY 2024 TO 31 MAY 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WF SQL LTD

COMPANY INFORMATION
FOR THE PERIOD 1 JULY 2024 TO 31 MAY 2025







DIRECTOR: W Theron





REGISTERED OFFICE: 21 Widford Grove
Chelmsford
Essex
CM2 9AT





REGISTERED NUMBER: 08112742 (England and Wales)

WF SQL LTD (REGISTERED NUMBER: 08112742)

BALANCE SHEET
31 MAY 2025

2025 2024
Notes £ £
FIXED ASSETS
Tangible assets 4 - 3,368

CURRENT ASSETS
Debtors 5 - 13,677
Cash at bank 67,930 49,588
67,930 63,265
CREDITORS
Amounts falling due within one year 6 (39,000 ) (47,845 )
NET CURRENT ASSETS 28,930 15,420
TOTAL ASSETS LESS CURRENT
LIABILITIES

28,930

18,788

PROVISIONS FOR LIABILITIES - (842 )
NET ASSETS 28,930 17,946

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 28,928 17,944
SHAREHOLDERS' FUNDS 28,930 17,946

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

WF SQL LTD (REGISTERED NUMBER: 08112742)

BALANCE SHEET - continued
31 MAY 2025


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 July 2025 and were signed by:





W Theron - Director


WF SQL LTD (REGISTERED NUMBER: 08112742)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JULY 2024 TO 31 MAY 2025


1. STATUTORY INFORMATION

WF SQL Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with FRS102 "The Financial Reporting Standards applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The disclosure requirements of section 1A of FRS102 have been applied other than where additional disclosure is required to show a true and far view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

The financial statements have been prepared under the historical cost convention, modified to include certain financial instruments at fair value. The principal accounting policies adopted are set out below.

Going Concern
The director plans to wind the company up within 12 months of the signing of these financial statements, therefore the accounts have been prepared on a basis other than going concern.

Turnover
Turnover represents the value of services, net of VAT, provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due.

Where a contract has only been partially completed at the balance sheet date turnover represents the value of the service provided to date based on a proportion of the total expected consideration at completion. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - Straight line over 3 years

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset and is recognised in the income statement.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


WF SQL LTD (REGISTERED NUMBER: 08112742)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JULY 2024 TO 31 MAY 2025


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Financial assets
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial assets are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Basic financial assets, which include trade and other receivables and cash and bank balances are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method, unless the arrangement constitutes a financial transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Financial liabilities
Basic financial liabilities, which include trade and other payables, are initially measured at transaction price and subsequently measured at amortised cost, unless the arrangement constitutes a financing transaction where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Equity instruments
Equity instruments issued by the company are recorded at the fair value of the proceeds received net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2024 - 1 ) .

WF SQL LTD (REGISTERED NUMBER: 08112742)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JULY 2024 TO 31 MAY 2025


4. TANGIBLE FIXED ASSETS
Office Computer
equipment equipment Totals
£ £ £
COST
At 1 July 2024 1,270 8,418 9,688
Disposals (1,270 ) (8,418 ) (9,688 )
At 31 May 2025 - - -
DEPRECIATION
At 1 July 2024 106 6,214 6,320
Eliminated on disposal (106 ) (6,214 ) (6,320 )
At 31 May 2025 - - -
NET BOOK VALUE
At 31 May 2025 - - -
At 30 June 2024 1,164 2,204 3,368

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£ £
Trade debtors - 13,677

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£ £
Taxation and social security 33,779 44,335
Other creditors 5,221 3,510
39,000 47,845