COMPANY REGISTRATION NUMBER:
11710996
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WSL Chassis Division Limited |
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Filleted Unaudited Financial Statements |
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WSL Chassis Division Limited |
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Statement of Financial Position |
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31 December 2024
Fixed assets
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Investments |
4 |
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50 |
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50 |
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---- |
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---- |
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Total assets less current liabilities |
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50 |
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50 |
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---- |
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---- |
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Capital and reserves
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Called up share capital |
5 |
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50 |
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50 |
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---- |
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---- |
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Shareholders funds |
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50 |
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50 |
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---- |
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---- |
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These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
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.
Director's responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
These financial statements were approved by the
board of directors
and authorised for issue on
10 September 2025
, and are signed on behalf of the board by:
Company registration number:
11710996
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WSL Chassis Division Limited |
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Notes to the Financial Statements |
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Year ended 31 December 2024
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Gateway Chassis Ltd, 22 West Carr Lane, Sutton Fields Ind Est, Hull, HU70BW, England.
2.
Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Investments in associates
Investments in associates accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in associates accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably without undue cost or effort, the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.
Investments in joint ventures
Investments in jointly controlled entities accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in jointly controlled entities accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably without undue cost or effort, the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the joint venture arising before or after the date of acquisition.
4.
Investments
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Shares in group undertakings |
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£ |
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Cost |
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At 1 January 2024 and 31 December 2024 |
50 |
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---- |
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Impairment |
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At 1 January 2024 and 31 December 2024 |
– |
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---- |
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Carrying amount |
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At 31 December 2024 |
50 |
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---- |
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At 31 December 2023 |
50 |
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---- |
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5.
Called up share capital
Issued, called up and fully paid
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2024 |
2023 |
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No. |
£ |
No. |
£ |
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Ordinary shares of £ 1 each |
50 |
50 |
50 |
50 |
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---- |
---- |
---- |
---- |
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6.
Director's advances, credits and guarantees
During the year there were no director's advances, credits and guarantees.
7.
Controlling party
At 31 December 2024, the immediate and ultimate parent undertaking is GCSL Group Limited, a company incorporated in the United Kingdom and registered in England and Wales. Copies of the financial statements for GCSL Group Limited can be obtained from its registered office, 22 West Carr Lane, Sutton Fields Ind Est, Hull, England, HU7 0BW. The parent undertaking of the smallest and largest group to consolidate their financial statements is GCSL Group Limited, a company incorporated in the the United Kingdom and registered in England and Wales. Copies of these financial statements can be obtained from 22 West Carr Lane, Sutton Fields Ind Est, Hull, England, HU7 0BW.. At 31 December 2024, the Directors considered the ultimate controlling party to be C P Ramsden due to his majority shareholding in the issued share capital of GCSL Group Limited.