REGISTERED NUMBER: 04171142 (England and Wales)

Waste Handling Solutions Ltd

Unaudited Financial Statements

for the Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P A Brown

E A Smith

SECRETARY:

P A Brown

REGISTERED OFFICE:

Unit 5 Crown Industrial Estate

Crown Road

Warmley

Bristol

Avon

BS30 8JJ

REGISTERED NUMBER:

04171142 (England and Wales)

ACCOUNTANTS:

Moffat Gilbert

Unit 12

Shottery Brook Office Park

Timothy's Bridge Road

Stratford upon Avon

Warwickshire

CV37 9NR

FIXED ASSETS

Intangible assets

4

1

1

Tangible assets

5

316,497

320,900

316,498

320,901

CURRENT ASSETS

Stocks

325,504

293,700

Debtors

6

175,212

129,838

Cash at bank and in hand

449,157

507,707

949,873

931,245

CREDITORS

Amounts falling due within one year

7

242,314

265,561

NET CURRENT ASSETS

707,559

665,684

TOTAL ASSETS LESS CURRENT LIABILITIES

1,024,057

986,585

CREDITORS

Amounts falling due after more than one year

8

-

(13,603

)

PROVISIONS FOR LIABILITIES

(5,966

)

(6,067

)

NET ASSETS

1,018,091

966,915

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

1,017,991

966,815

SHAREHOLDERS' FUNDS

1,018,091

966,915

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 directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 December 2025 and were signed on its behalf by:

P A Brown - Director

E A Smith - Director

1.	STATUTORY INFORMATION

Waste Handling Solutions 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Where the turnover is in respect of rental agreements, the turnover is adjusted to adhere to the accruals concept.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2009, has been amortised evenly over its estimated useful life of five years.

Tangible fixed assets

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

Freehold property

-

2% on cost

Plant and machinery

-

20% on reducing balance and 10% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

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 Statement of Income and Retained Earnings, 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 9 (2024 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

40,003

AMORTISATION

At 1 April 2024

and 31 March 2025

40,002

NET BOOK VALUE

At 31 March 2025

1

At 31 March 2024

1

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

349,954

182,302

532,256

Additions

-

5,441

5,441

At 31 March 2025

349,954

187,743

537,697

DEPRECIATION

At 1 April 2024

53,320

158,036

211,356

Charge for year

3,999

5,845

9,844

At 31 March 2025

57,319

163,881

221,200

NET BOOK VALUE

At 31 March 2025

292,635

23,862

316,497

At 31 March 2024

296,634

24,266

320,900

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

132,749

114,543

Other debtors

42,463

15,295

175,212

129,838

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

13,675

19,868

Trade creditors

66,584

69,082

Taxation and social security

43,369

59,995

Other creditors

118,686

116,616

242,314

265,561

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

-

13,603

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Bank loans

13,675

33,471

The bank loan is secured on the property to which it relates.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

100

Ordinary

£1

100

100

11.	RELATED PARTY DISCLOSURES

During the year the company provided goods and services to WHS (Environmental) Limited in the amount of £1,045 and received services from that company in the amount of £46,500. The company provided goods and services to Balecom Limited in the amount of £3,505. Bag and Bale Limited provided goods and services in the amount of £129,715 in the year and the company provided goods and services to Bag and Bale Limited in the amount of £7,630. The director P A Brown has an interest in all three companies, the director E A Smith has an interest in both Balecom Limited and WHS (Environmental) Limited. The amount owed at the year end by Balecom Limited to the company was £7,115 (2024 £6,644), the amount owed to WHS (Environmental) Limited by the company was £63,954 (2024 £62,982) and the amount owed by Bag and Bale Limited to the company was £26,471 (2024 owed to Bag & Bale Limited £2,186).

The company paid rent to its pension fund in the year in the amount of £17,004.

12.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party of the company is the director, P A Brown.