WBK LIMITED - Filleted accounts

Registered number

05594905

WBK LIMITED

Filleted Accounts

31 October 2025

WBK LIMITED
Registered number:		05594905
Balance Sheet
as at 31 October 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		39,648			43,680

Current assets
Stocks		189,610			142,496
Debtors	4	1,520,441			1,180,338
Cash at bank and in hand		364,509			665,198
		2,074,560			1,988,032

Creditors: amounts falling due within one year	5	(983,700)			(1,089,891)

Net current assets			1,090,860			898,141

Total assets less current liabilities			1,130,508			941,821

Creditors: amounts falling due after more than one year	6		(392)			(293)



Net assets			1,130,116			941,528

Capital and reserves
Called up share capital			1,500			1,500
Profit and loss account			1,128,616			940,028

Shareholders' funds			1,130,116			941,528

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
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.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr S Armstrong-Gimblett
Director
Approved by the board on 14 April 2026

WBK LIMITED
Notes to the Accounts
for the year ended 31 October 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings	over 50 years
	Leasehold land and buildings	over the lease term
	Plant and machinery	over 5 years
	Fixtures, fittings, tools and equipment	over 5 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			20		20


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 November 2024	102,831		14,595		117,426
	Additions	5,491		-		5,491
	At 31 October 2025	108,322		14,595		122,917

	Depreciation
	At 1 November 2024	65,720		8,026		73,746
	Charge for the year	7,880		1,643		9,523
	At 31 October 2025	73,600		9,669		83,269

	Net book value
	At 31 October 2025	34,722		4,926		39,648
	At 31 October 2024	37,111		6,569		43,680


4	Debtors			2025		2024
£					£

	Trade debtors			1,520,441		1,180,338


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Bank loans and overdrafts			11,638		22,003
	Trade creditors			521,492		861,032
	Corporation tax			355,852		133,704
	Other taxes and social security costs			93,373		73,152
	Other creditors			1,345		-
				983,700		1,089,891


6	Creditors: amounts falling due after one year			2025		2024
£					£

	Other creditors			392		293


7	Other information

	WBK LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	Hornbuckle Farm
	Drift Road
	Maidenhead
	Berkshire
	SL6 3SU