REGISTERED NUMBER: 04715882 (England and Wales)

Unaudited Financial Statements

for the Period 1 August 2023 to 31 January 2025

for

A1 WOKINGHAM WET WASTE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

S E Pike

R J Pike

SECRETARY:

E Anderton

REGISTERED OFFICE:

Silver Birches

Highland Avenue

Wokingham

Berkshire

RG41 4SP

REGISTERED NUMBER:

04715882 (England and Wales)

ACCOUNTANTS:

Camerons Accountancy Consultants Limited

Chartered Accountants

9 Worton Park

Cassington

Witney

Oxfordshire

OX29 4SX

FIXED ASSETS

Tangible assets

4

9,452,527

9,509,531

CURRENT ASSETS

Debtors

5

2,076,835

2,712,837

Cash at bank

692,387

1,496,704

2,769,222

4,209,541

CREDITORS

Amounts falling due within one year

6

604,573

967,395

NET CURRENT ASSETS

2,164,649

3,242,146

TOTAL ASSETS LESS CURRENT LIABILITIES

11,617,176

12,751,677

CREDITORS

Amounts falling due after more than one year

7

(812

)

(16,285

)

PROVISIONS FOR LIABILITIES

(316,382

)

(310,536

)

NET ASSETS

11,299,982

12,424,856

CAPITAL AND RESERVES

Called up share capital

8

2

2

Retained earnings

11,299,980

12,424,854

SHAREHOLDERS' FUNDS

11,299,982

12,424,856

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 7 October 2025 and were signed on its behalf by:

S E Pike - Director

1.	STATUTORY INFORMATION

A1 Wokingham Wet Waste 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 recognised to the extent that it is probable that economic benefit will flow to the company and that the associated turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, and Value Added Tax.

Turnover arising from the hire of good is recognised on a straight line basis over the period of the rental. Turnover arising from associated services is recognised on performance.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property

-

15% on reducing balance

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance and 10% on cost

Computer equipment

-

33% on cost

Taxation

Taxation for the period 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet.

The interest element of these obligations is charged to the profit and loss over the relevant period.

The capital element of the future payments is treated as a liability.

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 period was 48 (2023 - 47 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Plant and

property

property

machinery

£

£

£

COST

At 1 August 2023

6,778,569

262,795

845,237

Additions

-

-

33,950

At 31 January 2025

6,778,569

262,795

879,187

DEPRECIATION

At 1 August 2023

-

100,962

426,839

Charge for period

-

36,412

102,150

At 31 January 2025

-

137,374

528,989

NET BOOK VALUE

At 31 January 2025

6,778,569

125,421

350,198

At 31 July 2023

6,778,569

161,833

418,398

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 August 2023

68,425

5,232,725

15,064

13,202,815

Additions

11,531

1,169,872

-

1,215,353

At 31 January 2025

79,956

6,402,597

15,064

14,418,168

DEPRECIATION

At 1 August 2023

34,777

3,122,363

8,343

3,693,284

Charge for period

10,165

1,118,589

5,041

1,272,357

At 31 January 2025

44,942

4,240,952

13,384

4,965,641

NET BOOK VALUE

At 31 January 2025

35,014

2,161,645

1,680

9,452,527

At 31 July 2023

33,648

2,110,362

6,721

9,509,531

Included in cost of land and buildings is freehold land of £ 4,535,704 (2023 - £ 4,535,704 ) which is not depreciated.

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 August 2023

856,780

Transfer to ownership

(856,780

)

At 31 January 2025

-

DEPRECIATION

At 1 August 2023

657,073

Transfer to ownership

(657,073

)

At 31 January 2025

-

NET BOOK VALUE

At 31 January 2025

-

At 31 July 2023

199,707

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2023

£

£

Trade debtors

988,827

1,377,228

Other debtors

1,088,008

1,335,609

2,076,835

2,712,837

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2023

£

£

Hire purchase contracts

-

89,946

Trade creditors

228,743

235,066

Taxation and social security

360,390

490,027

Other creditors

15,440

152,356

604,573

967,395

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2023

£

£

Hire purchase contracts

-

16,285

Other creditors

812

-

812

16,285

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2023

value:

£

£

2

Ordinary

1

2

2

9.	CONTINGENT LIABILITIES

The Company is currently under enquiry by HMRC regarding its Corporation Tax. HMRC has indicated that there may be a potential for a tax penalty arising from denied R&D tax relief.

The Company is contesting the potential penalty. However, the outcome of the enquiry remains uncertain. HMRC's penalty rates range from 0%-100%. It is not possible to reliably estimate or measure the likelihood of a penalty being imposed or the final amount of any such penalty at this time.

The possibility of a loss arising from this contingent liability cannot be reliably estimated at this date. Therefore, in accordance with FRS 102 Section 21.4(c), a provision for this contingent liability is not recognised.

The Company is actively engaged with HMRC to resolve the enquiry and will update this disclosure in future financial statements as further information becomes available.

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 31 January 2025 and the year ended 31 July 2023:

2025

2023

£

£

R J Pike and S E Pike

Balance outstanding at start of period

990,236

412,523

Amounts advanced

1,919,073

577,713

Amounts repaid

(2,232,789

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

676,520

990,236

The above balances are included within other debtors at the year end. Interest is charged at HMRCs advised rate of 2.25%. The balance is repayable on demand