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Company Registration No. 11594854 (England and Wales)
WGL GROUP LTD Unaudited accounts for the year ended 30 September 2024
WGL GROUP LTD Unaudited accounts Contents
Page
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WGL GROUP LTD Company Information for the year ended 30 September 2024
Director
Lovin PANCHOO
Company Number
11594854 (England and Wales)
Registered Office
1 Kingston Road London London N9 7AJ England
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WGL GROUP LTD Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
911,086 
830,963 
Current assets
Cash at bank and in hand
10,915 
5,375 
Creditors: amounts falling due within one year
(1,179,119)
(1,083,227)
Net current liabilities
(1,168,204)
(1,077,852)
Net liabilities
(257,118)
(246,889)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(257,218)
(246,989)
Shareholders' funds
(257,118)
(246,889)
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 director acknowledges his 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 and authorised for issue on 24 July 2025 and were signed on its behalf by
Lovin PANCHOO Director Company Registration No. 11594854
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WGL GROUP LTD Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
WGL GROUP LTD is a private company, limited by shares, registered in England and Wales, registration number 11594854. The registered office is 1 Kingston Road, London, London, N9 7AJ, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
0%
4
Tangible fixed assets
Land & buildings 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 October 2023
803,315 
54,000 
857,315 
Additions
85,653 
- 
85,653 
At 30 September 2024
888,968 
54,000 
942,968 
Depreciation
At 1 October 2023
- 
26,352 
26,352 
Charge for the year
- 
5,530 
5,530 
At 30 September 2024
- 
31,882 
31,882 
Net book value
At 30 September 2024
888,968 
22,118 
911,086 
At 30 September 2023
803,315 
27,648 
830,963 
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WGL GROUP LTD Notes to the Accounts for the year ended 30 September 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
496,150 
496,150 
Other creditors
4,500 
4,500 
Loans from directors
678,219 
582,327 
Accruals
250 
250 
1,179,119 
1,083,227 
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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