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Company Registration No. 05128277 (England and Wales)
W & L ENTERPRISES LTD Unaudited accounts for the year ended 31 December 2024
W & L ENTERPRISES LTD Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
- 2 -
W & L ENTERPRISES LTD Company Information for the year ended 31 December 2024
Director
Wayne Michael Simpson
Company Number
05128277 (England and Wales)
- 3 -
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of W & L ENTERPRISES LTD for the year ended 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of W & L ENTERPRISES LTD for the year ended 31 December 2024 as set out on pages 5 - 7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of W & L ENTERPRISES LTD, as a body, in accordance with the terms of our engagement letter dated 1 January 2017. Our work has been undertaken solely to prepare for your approval the accounts of W & L ENTERPRISES LTD and state those matters that we have agreed to state to the Board of Directors of W & L ENTERPRISES LTD, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than W & L ENTERPRISES LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that W & L ENTERPRISES LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of W & L ENTERPRISES LTD. You consider that W & L ENTERPRISES LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of W & L ENTERPRISES LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Chartered Certified Accountants 27 February 2025
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W & L ENTERPRISES LTD Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
5
30,468 
35,845 
Investments
6
45,000 
45,000 
75,468 
80,845 
Current assets
Inventories
85,000 
85,000 
Debtors
7
164,001 
50,162 
249,001 
135,162 
Creditors: amounts falling due within one year
8
(134,154)
(156,451)
Net current assets/(liabilities)
114,847 
(21,289)
Total assets less current liabilities
190,315 
59,556 
Creditors: amounts falling due after more than one year
9
- 
(13,600)
Net assets
190,315 
45,956 
Capital and reserves
Called up share capital
100 
100 
Capital redemption reserve
(62,450)
(62,450)
Profit and loss account
252,665 
108,306 
Shareholders' funds
190,315 
45,956 
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 29 September 2025 and were signed on its behalf by
Wayne Michael Simpson Director Company Registration No. 05128277
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W & L ENTERPRISES LTD Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
W & L ENTERPRISES LTD is a private company, limited by shares, registered in England and Wales, registration number 05128277.
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.
Intangible fixed assets
Acquired cost of Franchise License Fee is written off in equal annual installments over its estimated useful economic life.
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:
Plant & machinery
15% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
15% Reducing Balance
4
Intangible fixed assets
Other 
£ 
Cost
At 1 January 2024
130,000 
At 31 December 2024
130,000 
Amortisation
At 1 January 2024
130,000 
At 31 December 2024
130,000 
Net book value
At 31 December 2024
- 
- 6 -
W & L ENTERPRISES LTD Notes to the Accounts for the year ended 31 December 2024
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2024
316,511 
29,906 
23,010 
369,427 
At 31 December 2024
316,511 
29,906 
23,010 
369,427 
Depreciation
At 1 January 2024
283,100 
29,906 
20,576 
333,582 
Charge for the year
5,012 
- 
365 
5,377 
At 31 December 2024
288,112 
29,906 
20,941 
338,959 
Net book value
At 31 December 2024
28,399 
- 
2,069 
30,468 
At 31 December 2023
33,411 
- 
2,434 
35,845 
6
Investments
Other investments 
£ 
Valuation at 1 January 2024
45,000 
Valuation at 31 December 2024
45,000 
7
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
164,001 
50,162 
8
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
45,011 
78,818 
VAT
30,037 
11,320 
Taxes and social security
48,884 
33,249 
Loans from directors
10,222 
33,064 
134,154 
156,451 
9
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
- 
13,600 
10
Average number of employees
During the year the average number of employees was 8 (2023: 8).
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