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Registered number: 12657314
Wgr Transport Ltd
Unaudited Financial Statements
For The Year Ended 30 June 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12657314
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 228,872 209,938
228,872 209,938
CURRENT ASSETS
Debtors 5 16,829 15,382
Cash at bank and in hand 10,829 67,747
27,658 83,129
Creditors: Amounts Falling Due Within One Year 6 (283,639 ) (86,043 )
NET CURRENT ASSETS (LIABILITIES) (255,981 ) (2,914 )
TOTAL ASSETS LESS CURRENT LIABILITIES (27,109 ) 207,024
Creditors: Amounts Falling Due After More Than One Year 7 (585,812 ) (608,991 )
NET LIABILITIES (612,921 ) (401,967 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (613,021 ) (402,067 )
SHAREHOLDERS' FUNDS (612,921) (401,967)
Page 1
Page 2
For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Iulian NACU
Director
02/12/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Wgr Transport Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12657314 . The registered office is Wychwood Carp Farm Farnham Road, Odiham, Hook, RG29 1HS.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20% straight line
Motor Vehicles 20% straight line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2024: 6)
5 6
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 July 2024 69,040 217,823 286,863
Additions 14,250 54,924 69,174
As at 30 June 2025 83,290 272,747 356,037
Depreciation
As at 1 July 2024 15,385 61,540 76,925
Provided during the period 12,223 38,017 50,240
As at 30 June 2025 27,608 99,557 127,165
Net Book Value
As at 30 June 2025 55,682 173,190 228,872
As at 1 July 2024 53,655 156,283 209,938
Page 3
Page 4
5. Debtors
2025 2024
£ £
Due within one year
VAT 16,829 15,382
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 191,709 8,594
Bank loans and overdrafts 4,905 -
Director's loan account 87,025 77,449
283,639 86,043
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Trade creditors 585,812 608,991
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 4