Wasteline Services Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 02942247

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		570,424		627,160

			570,424		627,160
CURRENT ASSETS
Debtors	5	304,678		318,633
Cash at bank and in hand		136,804		317,757

		441,482		636,390
Creditors: Amounts Falling Due Within One Year	6	(151,431 )		(106,002 )

NET CURRENT ASSETS (LIABILITIES)			290,051		530,388

TOTAL ASSETS LESS CURRENT LIABILITIES			860,475		1,157,548

Creditors: Amounts Falling Due After More Than One Year	7		(764,267 )		(931,196 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(72,647 )		(72,647 )

NET ASSETS			23,561		153,705

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			23,461		153,605

SHAREHOLDERS' FUNDS			23,561		153,705

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Wasteline Services Limited

Balance Sheet (continued)

As At 30 June 2025

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 her 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

Mrs Sally Simpson

Director

19th August 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Wasteline Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02942247 . The registered office is Unit 10 Saffron Way, Leicester, LE2 6UP.

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:

Freehold	10% Reducing Balance
Plant & Machinery	25% Reducing Balance
Motor Vehicles	20% Reducing Balance
Fixtures & Fittings	25% Reducing Balance

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 11 (2024: 12)

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Wasteline Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2025

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£	£
Cost
As at 1 July 2024	22,345	391,574	1,176,538	49,664	1,640,121
Additions	-	-	85,835	-	85,835

As at 30 June 2025	22,345	391,574	1,262,373	49,664	1,725,956

Depreciation
As at 1 July 2024	5,853	365,993	598,295	42,820	1,012,961
Provided during the period	1,649	6,395	132,816	1,711	142,571

As at 30 June 2025	7,502	372,388	731,111	44,531	1,155,532

Net Book Value
As at 30 June 2025	14,843	19,186	531,262	5,133	570,424

As at 1 July 2024	16,492	25,581	578,243	6,844	627,160

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	139,506	120,734
Prepayments and accrued income	165,172	197,899

	304,678	318,633

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	65,819	67,101
Other loans	9,836	21,795
Other taxes and social security	4,517	5,313
VAT	59,887	5,155
Other creditors	1,366	1,366
Other creditors (1)	4,189	4,189
Director's loan account	5,817	1,083

	151,431	106,002

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	754,267	910,363
Bank loans	10,000	20,833

	764,267	931,196

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Wasteline Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2025

8. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Later than one year and not later than five years	754,267	910,363

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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