Doc Wob Ltd - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 08956687 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2022

for

Doc Wob Ltd

Page

Abridged Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

4

20,000

20,000

Property, plant and equipment

5

46,454

46,254

66,454

66,254

CURRENT ASSETS

Inventories

164,112

151,650

Debtors

36,126

10,092

Cash at bank

4,092

76,282

204,330

238,024

CREDITORS

Amounts falling due within one year

58,441

91,855

NET CURRENT ASSETS

145,889

146,169

TOTAL ASSETS LESS CURRENT LIABILITIES

212,343

212,423

CREDITORS

Amounts falling due after more than one year

33,604

41,033

NET ASSETS

178,739

171,390

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

178,737

171,388

178,739

171,390

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2022 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 June 2022 in accordance with Section 444(2A) of the Companies Act 2006.

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 director and authorised for issue on 7 October 2022 and were signed by:

Mr R A Walters - Director

1.	STATUTORY INFORMATION

Doc Wob Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

08956687

Registered office:

26 Sansome Walk

Worcester

Worcestershire

WR1 1LX

The presentation currency of the financial statements is the Pound Sterling (£).

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

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

Motor vehicles

-

25% on reducing balance

Stocks

Inventories 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2021 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 July 2021

and 30 June 2022

20,000

NET BOOK VALUE

At 30 June 2022

20,000

At 30 June 2021

20,000

5.	PROPERTY, PLANT AND EQUIPMENT

Totals

£

COST

At 1 July 2021

46,254

Additions

6,700

At 30 June 2022

52,954

DEPRECIATION

Charge for year

6,500

At 30 June 2022

6,500

NET BOOK VALUE

At 30 June 2022

46,454

At 30 June 2021

46,254