Company Registration No. 08306433 (England and Wales)
The Waste Group Services Limited
Unaudited accounts
for the year ended 31 December 2022
The Waste Group Services Limited
Unaudited accounts
Contents
The Waste Group Services Limited
Company Information
for the year ended 31 December 2022
Company Number
08306433 (England and Wales)
Registered Office
Boyes Barn
Whites HIll, Owslebury
Winchester
Hampshire
SO21 1LT
The Waste Group Services Limited
Statement of financial position
as at 31 December 2022
Tangible assets
80,307
157,960
Cash at bank and in hand
6,387
21,437
Creditors: amounts falling due within one year
(270,632)
(151,059)
Net current (liabilities)/assets
(32,416)
110,619
Total assets less current liabilities
47,891
268,579
Creditors: amounts falling due after more than one year
(28,712)
(50,000)
Called up share capital
2,000
2,000
Revaluation reserve
(351,650)
(351,650)
Profit and loss account
368,829
568,229
Shareholders' funds
19,179
218,579
For the year ending 31 December 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 September 2023 and were signed on its behalf by
Mr M Seal
Director
Company Registration No. 08306433
The Waste Group Services Limited
Notes to the Accounts
for the year ended 31 December 2022
The Waste Group Services Limited is a private company, limited by shares, registered in England and Wales, registration number 08306433. The registered office is Boyes Barn, Whites HIll, Owslebury, Winchester, Hampshire, SO21 1LT.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Fixtures & fittings
Revauled
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 January 2022
85,312
120,000
205,312
Revaluations
-
(25,000)
(25,000)
Disposals
-
(40,000)
(40,000)
At 31 December 2022
85,312
55,000
140,312
At 1 January 2022
47,352
-
47,352
Charge for the year
12,653
-
12,653
At 31 December 2022
60,005
-
60,005
At 31 December 2022
25,307
55,000
80,307
At 31 December 2021
37,960
120,000
157,960
Amounts falling due within one year
Trade debtors
231,829
240,241
The Waste Group Services Limited
Notes to the Accounts
for the year ended 31 December 2022
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
10,644
-
Trade creditors
48,399
42,830
Taxes and social security
103,173
55,813
Other creditors
43,416
43,416
Loans from directors
65,000
-
7
Creditors: amounts falling due after more than one year
2022
2021
Allotted, called up and fully paid:
2,000 Ordinary shares of £1 each
2,000
2,000
9
Average number of employees
During the year the average number of employees was 6 (2021: 6).