Registration number: 12275368

WS Gas Solutions Limited

Contents

Company Information	1
Accountants' Report	2
Balance Sheet	3
Notes to the Unaudited Financial Statements	4 to 10

WS Gas Solutions Limited

Company Information

Directors

Mr B J Walsh Mr F T Street

Registered office

Ground Floor, Seneca House Links Point, Amy Johnson Way Blackpool Lancashire England FY4 2FF

Accountants

Xeinadin Blackpool Limited Ground Floor, Seneca House Links Point, Amy Johnson Way Blackpool Lancashire FY4 2FF

Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
WS Gas Solutions Limited
for the Year Ended 31 October 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of WS Gas Solutions Limited for the year ended 31 October 2025 as set out on pages 3 to 10 from the company's accounting records and from information and explanations you have given us.

As a firm regulated by the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of WS Gas Solutions Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of WS Gas Solutions Limited and state those matters that we have agreed to state to the Board of Directors of WS Gas Solutions Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than WS Gas Solutions Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that WS Gas Solutions Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of WS Gas Solutions Limited. You consider that WS Gas Solutions Limited 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 accounts of WS Gas Solutions Limited. 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 accounts.

......................................

Xeinadin Blackpool Limited
Ground Floor, Seneca House
Links Point, Amy Johnson Way
Blackpool
Lancashire
FY4 2FF

27 July 2026

WS Gas Solutions Limited

(Registration number: 12275368)
Balance Sheet as at 31 October 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	23,869	9,596
Current assets
Debtors	5	4,919	22,482
Cash at bank and in hand		18,102	10,414
		23,021	32,896
Creditors: Amounts falling due within one year	6	(28,183)	(33,612)
Net current liabilities		(5,162)	(716)
Total assets less current liabilities		18,707	8,880
Creditors: Amounts falling due after more than one year	6	(19,823)	(5,417)
Provisions for liabilities		(201)	(2,399)
Net (liabilities)/assets		(1,317)	1,064
Capital and reserves
Called up share capital	7	3	3
Retained earnings		(1,320)	1,061
Shareholders' (deficit)/funds		(1,317)	1,064

For the financial year ending 31 October 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; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 25 July 2026 and signed on its behalf by:
 

......................................... Mr B J Walsh Director

WS Gas Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Ground Floor, Seneca House
Links Point, Amy Johnson Way
Blackpool
Lancashire
FY4 2FF
England

These financial statements were authorised for issue by the Board on 25 July 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

WS Gas Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	25% reducing balance
Motor vehicles	25% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

WS Gas Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

WS Gas Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

4	Tangible assets

	Motor vehicles  £	Other property, plant and equipment  £	Total £
Cost or valuation
At 1 November 2024	17,845	2,824	20,669
Additions	29,921	-	29,921
Disposals	(16,995)	-	(16,995)
At 31 October 2025	30,771	2,824	33,595
Depreciation
At 1 November 2024	9,120	1,953	11,073
Charge for the year	6,908	217	7,125
Eliminated on disposal	(8,472)	-	(8,472)
At 31 October 2025	7,556	2,170	9,726
Carrying amount
At 31 October 2025	23,215	654	23,869
At 31 October 2024	8,725	871	9,596

5

Debtors

Current	2025 £	2024 £
Trade debtors	654	926
Other debtors	4,265	21,556
	4,919	22,482

6

Creditors

Creditors: amounts falling due within one year

WS Gas Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	8	10,661	6,129
Trade creditors		3,000	5,340
Taxation and social security		8,257	10,822
Accruals and deferred income		5,250	2,500
Other creditors		1,015	8,821
		28,183	33,612

Creditors due within one year include loans & overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £5,661 (2024 - £NIL).

Obligations under finance lease and hire purchase agreements are secured on the related plant and machinery with carrying value of £23,064 (2024 - £NIL) at the balance sheet date.

WS Gas Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	8	19,823	5,417

Creditors due after more than one year include loans & overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £19,406 (2024 - £NIL).

Obligations under finance lease and hire purchase agreements are secured on the related plant and machinery with carrying value of £23,064 (2024 - £NIL) at the balance sheet date.

7	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary share capital of £1 each	3	3	3	3

8	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	417	5,417
Finance lease liabilities	19,406	-
	19,823	5,417

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	5,000	6,129
Finance lease liabilities	5,661	-
	10,661	6,129

9	Related party transactions

Loans to related parties

WS Gas Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

2025	Key management £	Total £
At start of period	12,305	12,305
Advanced	47,890	47,890
Repaid	(56,945)	(56,945)
At end of period	3,250	3,250

2024	Key management £	Total £
At start of period	12,305	12,305
At end of period	12,305	12,305

Terms of loans to related parties

Interest is charged on loans to directors that exceed £10,000 at the HMRC approved rate.