REGISTERED NUMBER: 10651349 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

WSW Group UK Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P Armstrong

REGISTERED OFFICE:

Unit 1

Swift Business Centre, Keen Road

Ocean Park

Cardiff

CF24 5JR

REGISTERED NUMBER:

10651349 (England and Wales)

ACCOUNTANTS:

DHB Accountants Limited

Chartered Accountants

Statutory Auditors

110 Whitchurch Road

Cardiff

CF14 3LY

FIXED ASSETS

Tangible assets

4

83,978

106,561

CURRENT ASSETS

Stocks

39,403

49,049

Debtors

5

184,585

215,731

Cash at bank

70,563

55,231

294,551

320,011

CREDITORS

Amounts falling due within one year

6

182,959

191,732

NET CURRENT ASSETS

111,592

128,279

TOTAL ASSETS LESS CURRENT LIABILITIES

195,570

234,840

CREDITORS

Amounts falling due after more than one year

7

(53,629

)

(86,468

)

PROVISIONS FOR LIABILITIES

(8,090

)

(12,475

)

NET ASSETS

133,851

135,897

CAPITAL AND RESERVES

Called up share capital

25,000

25,000

Retained earnings

108,851

110,897

133,851

135,897

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 5 December 2025 and were signed by:

P Armstrong - Director

1.	STATUTORY INFORMATION

WSW Group UK 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.

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 the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

152,578

Additions

3,237

At 31 March 2025

155,815

DEPRECIATION

At 1 April 2024

46,017

Charge for year

25,820

At 31 March 2025

71,837

NET BOOK VALUE

At 31 March 2025

83,978

At 31 March 2024

106,561

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

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

147,030

DEPRECIATION

At 1 April 2024

34,036

Charge for year

20,952

At 31 March 2025

54,988

NET BOOK VALUE

At 31 March 2025

92,042

At 31 March 2024

112,994

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

149,154

183,706

Other debtors

35,431

32,025

184,585

215,731

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,011

10,025

Hire purchase contracts

22,395

22,075

Trade creditors

139,137

140,913

Taxation and social security

7,898

13,959

Other creditors

3,518

4,760

182,959

191,732

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

1,814

11,811

Hire purchase contracts

51,815

74,657

53,629

86,468

8.	ULTIMATE CONTROLLING PARTY

The controlling party is P Armstrong.