REGISTERED NUMBER: 09357957 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

WGM Control Solutions Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr B Gale

REGISTERED OFFICE:

Unit E32 The Enterprise Village

Prince Albert Gardens

Grimsby

North East Lincs

DN31 3AT

REGISTERED NUMBER:

09357957 (England and Wales)

BANKERS:

Virgin Money

Bethlehem Street

Grimsby

North East Lincs

DN31 1JZ

FIXED ASSETS

Tangible assets

4

36,977

32,601

CURRENT ASSETS

Debtors

5

44,956

28,556

Cash at bank

172,932

125,721

217,888

154,277

CREDITORS

Amounts falling due within one year

6

81,416

67,279

NET CURRENT ASSETS

136,472

86,998

TOTAL ASSETS LESS CURRENT LIABILITIES

173,449

119,599

PROVISIONS FOR LIABILITIES

9,100

6,061

NET ASSETS

164,349

113,538

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

164,249

113,438

164,349

113,538

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 September 2025 and were signed by:

Mr B Gale - Director

1.	STATUTORY INFORMATION

WGM Control Solutions Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on cost

Fixtures and fittings

-

25% on cost

Office equipment

-

25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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 year end and that are expected to apply to the reversal of the timing difference.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Office

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 January 2024

54,203

2,690

23,028

79,921

Additions

19,355

-

876

20,231

At 31 December 2024

73,558

2,690

23,904

100,152

DEPRECIATION

At 1 January 2024

27,697

2,690

16,933

47,320

Charge for year

13,307

-

2,548

15,855

At 31 December 2024

41,004

2,690

19,481

63,175

NET BOOK VALUE

At 31 December 2024

32,554

-

4,423

36,977

At 31 December 2023

26,506

-

6,095

32,601

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

44,114

27,788

Other debtors

842

768

44,956

28,556

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

19,887

39,870

Taxation and social security

59,088

16,774

Other creditors

2,441

10,635

81,416

67,279