W4Co Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 10

W4Co Limited

Company Information

Directors

T R Walker M A Imianowski S L T Walker C A Strickland

Registered office

The Old Brewery Business Centre 9-11 Lodway Pill Bristol BS20 0DH

Registered Number

07225081

Accountants

Verinder Powell Associates Limited Suite 5 Corum 2 Corum Office Park Crown Way Warmley Bristol BS30 8FJ

W4Co Limited

(Registration number: 07225081)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	145	166
Tangible assets	5	19,808	23,264
Investments	6	35,240	35,240
		55,193	58,670
Current assets
Debtors	7	598,567	620,097
Cash at bank and in hand		154,351	56,027
		752,918	676,124
Creditors: Amounts falling due within one year	8	(742,737)	(664,568)
Net current assets		10,181	11,556
Total assets less current liabilities		65,374	70,226
Provisions for liabilities		(4,951)	(5,993)
Net assets		60,423	64,233
Capital and reserves
Called up share capital		100	100
Retained earnings		60,323	64,133
Shareholders' funds		60,423	64,233

W4Co Limited

(Registration number: 07225081)
Balance Sheet as at 31 March 2025

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 8 December 2025 and signed on its behalf by:
 

......................................... S L T Walker Director

W4Co Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
The Old Brewery Business Centre
9-11 Lodway
Pill
Bristol
BS20 0DH

These financial statements were authorised for issue by the Board on 8 December 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime). There have been no material departures from the Financial Reporting Standard 102 1A.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. The financial statements are prepared in Pounds Sterling (£), and are rounded to the nearest pound.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
- the amount of revenue can be reliably measured;
- it is probable that future economic benefits will flow to the entity;
- and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

W4Co Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

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

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are bring amortised evenly over their estimated useful life of ten years.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Asset class	Depreciation method and rate
Fixtures and fittings	20% on cost
Motor vehicles	20% on cost
Computer equipment	33% on cost

Investments

Investments are recognised in the financial statements at market value.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

W4Co Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2024 - 4).

W4Co Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4	Intangible assets

	Other intangible assets £	Total £
Cost or valuation
At 1 April 2024	208	208
At 31 March 2025	208	208
Amortisation
At 1 April 2024	42	42
Amortisation charge	21	21
At 31 March 2025	63	63
Carrying amount
At 31 March 2025	145	145
At 31 March 2024	166	166

5	Tangible assets

	Fixtures and fittings £	Computer equipment £	Motor vehicles  £	Total £
Cost or valuation
At 1 April 2024	16,276	4,101	55,502	75,879
Additions	3,589	978	-	4,567
At 31 March 2025	19,865	5,079	55,502	80,446
Depreciation
At 1 April 2024	12,998	2,705	36,912	52,615
Charge for the year	1,834	712	5,477	8,023
At 31 March 2025	14,832	3,417	42,389	60,638
Carrying amount
At 31 March 2025	5,033	1,662	13,113	19,808
At 31 March 2024	3,278	1,396	18,590	23,264

W4Co Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

6	Investments

	2025 £
At 1 April 2024	35,240
At 31 March 2025	35,240

7

Debtors

	2025 £	2024 £
Trade debtors	496,907	523,668
Prepayments	98,678	92,919
Other debtors	2,982	3,510
	598,567	620,097

8

Creditors

Due within one year	2025 £	2024 £
Trade creditors	170,191	122,138
Taxation and social security	30,150	24,313
Accruals and deferred income	231,220	214,566
Other creditors	311,176	303,551
	742,737	664,568

 

W4Co Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

9	Related party transactions

Loans to related parties

2025	Other related parties £	Total £
At start of period	464,225	464,225
Advanced	2,707	2,707
At end of period	466,932	466,932

2024	Other related parties £	Total £
At start of period	435,121	435,121
Advanced	29,104	29,104
At end of period	464,225	464,225

Terms of loans to related parties

The loans to other related parties are interest free and repayable on demand

W4Co Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Loans from related parties

2025	Key management £	Other related parties £	Total £
At start of period	216,660	64,445	281,105
Advanced	44,800	5,210	50,010
Repaid	(37,118)	-	(37,118)
At end of period	224,342	69,655	293,997

2024	Key management £	Other related parties £	Total £
At start of period	176,083	76,798	252,881
Advanced	77,808	-	77,808
Repaid	(37,231)	(12,353)	(49,584)
At end of period	216,660	64,445	281,105

Terms of loans from related parties

The loans from key management are interest free and repayable on demand.
 
The loans from other related parties are interest free and repayable on demand.