REGISTERED NUMBER: SC342750 (Scotland)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

FOR

WBF CONSULTANCY LTD

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

366

366

CURRENT ASSETS

Stocks

5

16,000

16,000

Debtors

6

47,552

47,552

Cash at bank

1,370

1,370

64,922

64,922

CREDITORS

Amounts falling due within one year

7

84,391

84,391

NET CURRENT LIABILITIES

(19,469

)

(19,469

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(19,103

)

(19,103

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(19,105

)

(19,105

)

SHAREHOLDERS' FUNDS

(19,103

)

(19,103

)

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 29 May 2026 and were signed by:

J McHugh - Director

1.	STATUTORY INFORMATION

WBF Consultancy Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address are as below:

Registered number:

SC342750

Registered office:

22 Backbrae Street

Kilsyth

Glasgow

G65 0NH

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 and revenue recognition

Turnover represents net invoiced sales of consultancy services, excluding VAT. Revenue is recognised when the services are provided to the customer.

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

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Financial instruments

The company only has basic financial assets and liabilities of a kind that qualify as basic financial instruments.

Basic financial instruments are initially recognised at transaction value and subsequently measured at their

settlement value.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - 2 ).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 June 2024

and 31 May 2025

6,500

DEPRECIATION

At 1 June 2024

and 31 May 2025

6,134

NET BOOK VALUE

At 31 May 2025

366

At 31 May 2024

366

5.

STOCKS

31.5.25

31.5.24

£

£

Work-in-progress

16,000

16,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Trade debtors

4,200

4,200

Other debtors

43,352

43,352

47,552

47,552

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans and overdrafts

8,259

8,259

Other loans

47,250

47,250

Tax

3,732

3,732

Social security and other taxes

(1,589

)

(1,589

)

VAT

6,865

6,865

Other creditors

16,039

16,039

Accrued expenses

3,835

3,835

84,391

84,391

8.	ULTIMATE CONTROLLING PARTY

The controlling party is Mrs S P McHugh.

The ultimate controlling party is Mrs S P McHugh.