WJS SP LIMITED - Accounts

WJS SP LIMITED

Statement of Financial Position

As at 30 June 2025

	Notes	2025 £	2024 £
Called up share capital not paid		2	2
Fixed assets
Tangible fixed assets	2	17,602	22,002
		17,602	22,002
Current assets
Inventories		68,677	68,677
Debtors		82,937	67,360
Cash at bank and in hand		56,277	39,337
		207,891	175,374
Creditors: amount falling due within one year		(84,317)	(55,468)
Net current assets/(liabilities)		123,574	119,906


Total assets less current liabilities		141,178	141,910
Creditors: amount falling due after more than one year		(372,985)	(373,045)
Net assets/(liabilities)		(231,807)	(231,135)

Capital and reserves
Called up share capital		2	2
Profit and loss account		(231,809)	(231,137)
Shareholders fund		(231,807)	(231,135)

For the year ended 30 June 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 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime of Part 15 of the Companies Act 2006.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

Signed on behalf of the board of directors:

---------------------------------------------

Wayne Joy
Director

Date approved: 17 July 2026

WJS SP LIMITED

Notes to the Accounts

For the year ended 30 Jun 2025

Statutory Information

Wjs Sp Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number 11418080, registration address Langham House, 140-146 Westgate, Wakefield, WF2 9SR, United Kingdom.

The presentation currency is £ sterling.

Accounting Policies

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, sales taxes and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.

Basis of accounting

The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Financial Reporting Standard for Smaller Entities (effective January 2016).

Going Concern

The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the directors who have undertaken to provide such support for the foreseeable future.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at historical cost or valuation less depreciation and any provision for impairment. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery	20 % Reducing Balance
Fixtures and Fittings	20 % Reducing Balance
Computer Equipment	20 % 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. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Tangible fixed assets

Cost or Valuation	Plant and Machinery	Fixtures and Fittings	Motor Vehicles	Computer Equipment	Total
	£	£	£	£	£
At 01 July 2024	22,890	2,844	5,587	11,748	43,069
At 30 June 2025	22,890	2,844	5,587	11,748	43,069
Depreciation
At 01 July 2024	12,220	1,578	1,117	6,152	21,067
Charge for year	2,134	253	894	1,119	4,400
At 30 June 2025	14,354	1,831	2,011	7,271	25,467
Net book values
Closing balance as at 30 June 2025	8,536	1,013	3,576	4,477	17,602
Opening balance as at 01 July 2024	10,670	1,266	4,470	5,596	22,002

Tangible fixed assets

3.	Average number of employees Average number of employees during the year were 3 (2024: 3).