WSA Construction Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 12244251 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2025

for

WSA Construction Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTOR:

T C Sleater

REGISTERED OFFICE:

Amersham House

Suite 1

Mill Street

Berkhamsted

Hertfordshire

HP4 2DT

REGISTERED NUMBER:

12244251 (England and Wales)

ACCOUNTANTS:

DUX Advisory Limited

Chartered Accountants

Kennel Club House

Gatehouse Way

Aylesbury

Buckinghamshire

HP19 8DB

FIXED ASSETS

Tangible assets

4

3,410,349

4,190,162

CURRENT ASSETS

Debtors

5

8,968

17,574

Cash at bank

9,907

36,215

18,875

53,789

CREDITORS

Amounts falling due within one year

6

750,786

665,386

NET CURRENT LIABILITIES

(731,911

)

(611,597

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,678,438

3,578,565

CREDITORS

Amounts falling due after more than one
year

7

(1,999,465

)

(1,944,000

)

PROVISIONS FOR LIABILITIES

-

(181,002

)

NET ASSETS

678,973

1,453,563

CAPITAL AND RESERVES

Called up share capital

200

Share premium

1,099,900

Revaluation reserve

8

-

510,802

Retained earnings

(421,127

)

(157,339

)

678,973

1,453,563

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 20 November 2025 and were signed by:

T C Sleater - Director

1.	STATUTORY INFORMATION

WSA Construction Ltd 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 as modified by the revaluation of certain assets.

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 each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST OR VALUATION

At 1 June 2024

4,111,693

78,469

4,190,162

Additions

-

15,000

Revaluations

(630,619

)

-

(630,619

)

At 31 May 2025

3,481,074

93,469

3,574,543

DEPRECIATION

Charge for year

81,074

83,120

164,194

At 31 May 2025

81,074

83,120

164,194

NET BOOK VALUE

At 31 May 2025

3,400,000

10,349

3,410,349

At 31 May 2024

4,111,693

78,469

4,190,162

Cost or valuation at 31 May 2025 is represented by:

Plant and

Land and

machinery

buildings

etc

Totals

£

Valuation in 2025

3,481,074

93,469

3,574,543

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

Trade debtors

4,168

7,974

Other debtors

4,800

9,600

8,968

17,574

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

Bank loans and overdrafts

10,684

20,833

Trade creditors

17,797

25,404

Taxation and social security

74,209

28,535

Other creditors

648,096

590,614

750,786

665,386

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.25

31.5.24

£

Other creditors

1,999,465

1,944,000

8.

RESERVES

Revaluation

reserve

£

At 1 June 2024

510,802

Revaluation

(510,802

)

At 31 May 2025

-

9.	OFF-BALANCE SHEET ARRANGEMENTS

Allica Bank Limited hold a charge against all properties owned by the Company. The charge contains a negative pledge.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of WSA Construction Ltd for the year ended 31 May 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of WSA Construction Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of WSA Construction Ltd and state those matters that we have agreed to state to the director of WSA Construction Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than WSA Construction Ltd and its director for our work or for this report.

It is your duty to ensure that WSA Construction Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of WSA Construction Ltd. You consider that WSA Construction Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of WSA Construction Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

DUX Advisory Limited

Chartered Accountants

Kennel Club House

Gatehouse Way

Aylesbury

Buckinghamshire

HP19 8DB

20 November 2025