2024-04-01 2025-03-31 false Capium Accounts Production 1.1 04314462 2024-04-01 2025-03-31 04314462 bus:FullAccounts 2024-04-01 2025-03-31 04314462 bus:FRS102 2024-04-01 2025-03-31 04314462 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 04314462 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 04314462 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 04314462 2024-04-01 2025-03-31 04314462 2025-03-31 04314462 bus:RegisteredOffice 2024-04-01 2025-03-31 04314462 core:WithinOneYear 2025-03-31 04314462 core:AfterOneYear 2025-03-31 04314462 1 2024-04-01 2025-03-31 04314462 bus:Director1 2024-04-01 2025-03-31 04314462 bus:Director1 2025-03-31 04314462 bus:Director1 2023-04-01 2024-03-31 04314462 2023-04-01 04314462 bus:LeadAgentIfApplicable 2024-04-01 2025-03-31 04314462 2023-04-01 2024-03-31 04314462 2024-03-31 04314462 core:WithinOneYear 2024-03-31 04314462 core:AfterOneYear 2024-03-31 04314462 bus:EntityAccountantsOrAuditors 2023-04-01 2024-03-31 04314462 bus:OrdinaryShareClass1 2024-04-01 2025-03-31 04314462 bus:OrdinaryShareClass1 2025-03-31 04314462 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 04314462 bus:OrdinaryShareClass1 2024-03-31 04314462 core:CostValuation core:Non-currentFinancialInstruments 2025-03-31 04314462 core:CostValuation core:Non-currentFinancialInstruments 2024-03-31 04314462 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2025-03-31 04314462 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2025-03-31 04314462 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2025-03-31 04314462 core:Non-currentFinancialInstruments 2025-03-31 04314462 core:Non-currentFinancialInstruments 2024-03-31 04314462 core:ShareCapital 2025-03-31 04314462 core:ShareCapital 2024-03-31 04314462 core:RetainedEarningsAccumulatedLosses 2025-03-31 04314462 core:RetainedEarningsAccumulatedLosses 2024-03-31 04314462 dpl:Item1 2024-04-01 04314462 dpl:Item1 2025-03-31 04314462 dpl:Item1 2023-04-01 04314462 dpl:Item1 2024-03-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 04314462
England and Wales

 

 

 


Unaudited Filleted Financial Statements


for the year ended 31 March 2025

for

THE WAGES DEPT LTD

 
 
Notes
 
2025
£
  2024
£
Current assets      
Stocks 3 88    216 
Debtors 4 1,017    958 
Cash at bank and in hand 6,200    3,378 
7,305    4,552 
Creditors: amount falling due within one year 5 (3,022)   (364)
Net current assets 4,283    4,188 
 
Total assets less current liabilities 4,283    4,188 
Net assets 4,283    4,188 
 

Capital and reserves
     
Called up share capital 6 100    100 
Profit and loss account 4,183    4,088 
Shareholders' funds 4,283    4,188 
 


For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the director on 10 September 2025 and were signed by:


-------------------------------
Mrs P P F Masheder
Director
1
General Information
THE WAGES DEPT LTD is a private company, limited by shares, registered in England and Wales, registration number 04314462, registration address 1 St Peter's Road, Braintree, Essex, CM7 9AN.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Turnover
Turnover comprises of the fair value of the consideration receivable for services rendered  during the year.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the profit and loss account, except to the extent that it relates to items recognised  directly in capital and reserves.
The companys liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current  tax assets and liabilities are not discounted
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Deferred tax assets and liabilities are not discounted.
Stocks
Work in progress is valued at the lower of cost and net realisable value. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Financial instruments
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
2.

Average number of employees


Average number of employees during the year was 1 (2024 : 1).
3.

Stocks

2025
£
  2024
£
Work in Progress 88    216 
88    216 

4.

Debtors: amounts falling due within one year

2025
£
  2024
£
Trade Debtors 615    576 
Other Debtors 402    382 
1,017    958 

5.

Creditors: amount falling due within one year

2025
£
  2024
£
Corporation tax 22    108 
Other Creditors 3,000    256 
3,022    364 

6.

Share Capital

Allotted, called up and fully paid
2025
£
  2024
£
100 Ordinary shares of £1.00 each 100    100 
100    100 

2