R W H & Sons Ltd - Accounts to registrar (filleted) - small 23.2.5
R W H & Sons Ltd - Accounts to registrar (filleted) - small 23.2.5
| REGISTERED NUMBER: |
| R W H & Sons Ltd |
| Unaudited Financial Statements |
| for the Period 1 June 2022 to 31 October 2023 |
| R W H & Sons Ltd (Registered number: 04680980) |
| Contents of the Financial Statements |
| for the Period 1 June 2022 to 31 October 2023 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| R W H & Sons Ltd |
| Company Information |
| for the Period 1 June 2022 to 31 October 2023 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 3 Southernhay West |
| Exeter |
| Devon |
| EX1 1JG |
| R W H & Sons Ltd (Registered number: 04680980) |
| Balance Sheet |
| 31 October 2023 |
| 2023 | 2022 |
| Notes | £ | £ |
| FIXED ASSETS |
| Intangible assets | 5 |
| Tangible assets | 6 |
| CURRENT ASSETS |
| Stocks | 7 |
| Debtors | 8 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 9 | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| R W H & Sons Ltd (Registered number: 04680980) |
| Balance Sheet - continued |
| 31 October 2023 |
| In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered. |
| The financial statements were approved by the director and authorised for issue on |
| R W H & Sons Ltd (Registered number: 04680980) |
| Notes to the Financial Statements |
| for the Period 1 June 2022 to 31 October 2023 |
| 1. | STATUTORY INFORMATION |
| R W H & Sons Ltd is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | STATEMENT OF COMPLIANCE |
| 3. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The financial statements have been prepared on a break-up basis. |
| Turnover |
| Turnover represents amounts chargeable in respect of the sale of goods and services to customers. |
| Goodwill |
| 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 or, if held under a finance lease, over the lease term, whichever is shorter. |
| Plant and machinery - 15% reducing balance |
| Motor vehicles - 25% reducing balance |
| Computer equipment - 33% straight line |
| Taxation |
| Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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. |
| R W H & Sons Ltd (Registered number: 04680980) |
| Notes to the Financial Statements - continued |
| for the Period 1 June 2022 to 31 October 2023 |
| 3. | ACCOUNTING POLICIES - continued |
| 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 period 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. |
| Hire purchase and leasing commitments |
| Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term. |
| Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period. |
| Pensions |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
| 4. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the period was |
| 5. | INTANGIBLE FIXED ASSETS |
| Goodwill |
| £ |
| COST |
| At 1 June 2022 |
| Disposals | ( |
) |
| At 31 October 2023 |
| AMORTISATION |
| At 1 June 2022 |
| Amortisation for period |
| Eliminated on disposal | ( |
) |
| At 31 October 2023 |
| NET BOOK VALUE |
| At 31 October 2023 |
| At 31 May 2022 |
| R W H & Sons Ltd (Registered number: 04680980) |
| Notes to the Financial Statements - continued |
| for the Period 1 June 2022 to 31 October 2023 |
| 6. | TANGIBLE FIXED ASSETS |
| Plant and | Motor | Computer |
| machinery | vehicles | equipment | Totals |
| £ | £ | £ | £ |
| COST |
| At 1 June 2022 |
| Disposals | ( |
) | ( |
) | ( |
) | ( |
) |
| At 31 October 2023 |
| DEPRECIATION |
| At 1 June 2022 |
| Charge for period |
| Eliminated on disposal | ( |
) | ( |
) | ( |
) | ( |
) |
| At 31 October 2023 |
| NET BOOK VALUE |
| At 31 October 2023 |
| At 31 May 2022 |
| 7. | STOCKS |
| 2023 | 2022 |
| £ | £ |
| Stocks |
| 8. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2023 | 2022 |
| £ | £ |
| Trade debtors |
| and accrued income |
| Directors' current accounts | - | 21,908 |
| VAT |
| Prepayments |
| 9. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2023 | 2022 |
| £ | £ |
| Hire purchase contracts |
| Trade creditors |
| Corporation tax |
| Social security and other taxes |
| CIS tax | - | 3,544 |
| VAT | - | 11,686 |
| Directors' current accounts | 1,552 | - |
| Accruals |
| R W H & Sons Ltd (Registered number: 04680980) |
| Notes to the Financial Statements - continued |
| for the Period 1 June 2022 to 31 October 2023 |
| 10. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 2023 | 2022 |
| £ | £ |
| Hire purchase contracts | - | 938 |
| There is a fixed and floating debenture in place between the company and National Westminster Bank PLC for all liabilities owed to National Westminster Bank PLC |
| 11. | RELATED PARTY DISCLOSURES |
| During the year the Director's had a Director's current account with the company. At the balance sheet date |
| the amount due to the Director's is £1,551 (2022 - £21,908 dr). |