WLH Financial Services Limited Filleted accounts for Companies House (small and micro)
WLH Financial Services Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
04323265
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FOR THE PERIOD ENDED |
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STATEMENT OF FINANCIAL POSITION |
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2023 |
2022 |
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Note |
£ |
£ |
£ |
FIXED ASSETS
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Tangible assets |
6 |
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CURRENT ASSETS
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Cash at bank and in hand |
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CREDITORS: amounts falling due within one year |
7 |
(
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(
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NET CURRENT ASSETS |
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-------- |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
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CREDITORS: amounts falling due after more than one year |
8 |
(
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(
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PROVISIONS
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Taxation including deferred tax |
(
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(
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NET ASSETS |
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STATEMENT OF FINANCIAL POSITION (continued) |
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2023 |
2022 |
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Note |
£ |
£ |
£ |
CAPITAL AND RESERVES
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Called up share capital |
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Profit and loss account |
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---- |
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SHAREHOLDERS FUNDS |
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In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
Directors' responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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These financial statements were approved by the
board of directors
and authorised for issue on
1 June 2023
, and are signed on behalf of the board by:
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Director |
Director |
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Director |
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Company registration number:
04323265
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NOTES TO THE FINANCIAL STATEMENTS |
YEAR ENDED 28 FEBRUARY 2023
1.
GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 20-22 Bridge End, Leeds, West Yorkshire, LS1 4DJ.
2.
STATEMENT OF COMPLIANCE
3.
ACCOUNTING POLICIES
Basis of preparation
The financial statements have also been prepared on the going concern basis. The directors consider the going concern basis to be appropriate as they have confirmed their ongoing financial support of the company.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
Income tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
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Equipment |
- |
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Government grants
Defined contribution plans
4.
EMPLOYEE NUMBERS
The average number of persons employed by the company during the year amounted to Nil
(2022:
1
).
5.
INTANGIBLE ASSETS
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Goodwill |
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£ |
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Cost |
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At 1 March 2022 and 28 February 2023 |
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Amortisation |
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At 1 March 2022 and 28 February 2023 |
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Carrying amount |
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At 28 February 2023 |
– |
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At 28 February 2022 |
– |
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6.
TANGIBLE ASSETS
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Equipment |
Total |
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£ |
£ |
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Cost |
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At 1 March 2022 and 28 February 2023 |
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Depreciation |
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At 1 March 2022 and 28 February 2023 |
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------- |
------- |
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Carrying amount |
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At 28 February 2023 |
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At 28 February 2022 |
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7.
CREDITORS:
amounts falling due within one year
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2023 |
2022 |
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£ |
£ |
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Corporation tax |
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Social security and other taxes |
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Other creditors |
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------- |
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8.
CREDITORS:
amounts falling due after more than one year
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2023 |
2022 |
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£ |
£ |
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Bank loans and overdrafts |
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Other creditors |
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