1 January 2024 false No description of principal activity Taxfiler 2024.6 03923468 business:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 03923468 2023-12-31 03923468 2024-01-01 2024-12-31 03923468 business:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 03923468 business:FilletedAccounts 2024-01-01 2024-12-31 03923468 2024-12-31 03923468 business:Director1 2024-01-01 2024-12-31 03923468 business:RegisteredOffice 2024-01-01 2024-12-31 03923468 2023-12-31 03923468 core:WithinOneYear 2024-12-31 03923468 core:WithinOneYear 2023-12-31 03923468 core:AfterOneYear 2024-12-31 03923468 core:AfterOneYear 2023-12-31 03923468 core:ShareCapital core:PreviouslyStatedAmount 2024-12-31 03923468 core:ShareCapital core:PreviouslyStatedAmount 2023-12-31 03923468 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-12-31 03923468 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2023-12-31 03923468 core:PreviouslyStatedAmount 2024-12-31 03923468 core:PreviouslyStatedAmount 2023-12-31 03923468 business:SmallEntities 2024-01-01 2024-12-31 03923468 countries:EnglandWales 2024-01-01 2024-12-31 03923468 core:LandBuildings 2023-12-31 03923468 core:PlantMachinery 2023-12-31 03923468 core:MotorVehicles 2023-12-31 03923468 core:FurnitureFittings 2023-12-31 03923468 core:ComputerEquipment 2023-12-31 03923468 core:LandBuildings 2024-12-31 03923468 core:PlantMachinery 2024-12-31 03923468 core:MotorVehicles 2024-12-31 03923468 core:FurnitureFittings 2024-12-31 03923468 core:ComputerEquipment 2024-12-31 03923468 core:LandBuildings 2024-01-01 2024-12-31 03923468 core:PlantMachinery 2024-01-01 2024-12-31 03923468 core:MotorVehicles 2024-01-01 2024-12-31 03923468 core:FurnitureFittings 2024-01-01 2024-12-31 03923468 core:ComputerEquipment 2024-01-01 2024-12-31 03923468 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure
Company Registration No. 03923468 (England and Wales)
W D A Machine Knives Limited Unaudited accounts for the year ended 31 December 2024
W D A Machine Knives Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
W D A Machine Knives Limited Company Information for the year ended 31 December 2024
Director
Paul Harris
Company Number
03923468 (England and Wales)
Registered Office
Unit 14c, Orgreave Close Dore Industrial Estate Sheffield S13 9NP
Accountants
Yasmin McBride Limited 60a Birley Moor Road Sheffield S12 4WD
- 3 -
W D A Machine Knives Limited Statement of financial position as at 31 December 2024
2024
2023
Notes
£
£
Fixed assets
Tangible assets
4
186,703
227,906
Current assets
Inventories
54,000
54,000
Debtors
5
146,923
180,765
Cash at bank and in hand
8,975
13,535
209,898
248,300
Creditors: amounts falling due within one year
6
(276,220)
(277,775)
Net current liabilities
(66,322)
(29,475)
Total assets less current liabilities
120,381
198,431
Creditors: amounts falling due after more than one year
7
(73,812)
(129,032)
Net assets
46,569
69,399
Capital and reserves
Called up share capital
810
810
Profit and loss account
45,759
68,589
Shareholders' funds
46,569
69,399
For the year ending 31 December 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 12 September 2025 and were signed on its behalf by
Paul Harris Director Company Registration No. 03923468
- 4 -
W D A Machine Knives Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
W D A Machine Knives Limited is a private company, limited by shares, registered in England and Wales, registration number 03923468. The registered office is Unit 14c, Orgreave Close, Dore Industrial Estate, Sheffield, S13 9NP.
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
These financial statements for the year ended 31 December 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2023. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
£
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 January 2024
(1,888)
538,708
5,495
480
4,186
546,981
At 31 December 2024
(1,888)
538,708
5,495
480
4,186
546,981
Depreciation
At 1 January 2024
(1,888)
315,106
3,735
270
1,852
319,075
Charge for the year
-
40,428
317
38
420
41,203
At 31 December 2024
(1,888)
355,534
4,052
308
2,272
360,278
Net book value
At 31 December 2024
-
183,174
1,443
172
1,914
186,703
At 31 December 2023
-
223,602
1,760
210
2,334
227,906
5
Debtors
2024
2023
£
£
Amounts falling due within one year
Trade debtors
146,923
180,765
- 5 -
W D A Machine Knives Limited Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
110,207
140,593
VAT
5,016
370
Trade creditors
32,997
58,850
Taxes and social security
103,694
50,967
Loans from directors
24,306
26,995
276,220
277,775
7
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans
73,812
129,032
8
Average number of employees
During the year the average number of employees was 17 (2023: 18).
- 6 -