Company Registration No. 12129729 (England and Wales)
Weston & Son Limited
Unaudited accounts
for the year ended 31 July 2023
Weston & Son Limited
Unaudited accounts
Contents
Weston & Son Limited
Company Information
for the year ended 31 July 2023
Directors
Byron Weston
Luisa Weston
Company Number
12129729 (England and Wales)
Registered Office
9 Evening Star
Royal Wootton Bassett
Swindon
Wiltshire
SN4 8FR
ENGLAND
Weston & Son Limited
Statement of financial position
as at 31 July 2023
Tangible assets
24,586
31,765
Cash at bank and in hand
78,356
186,370
Creditors: amounts falling due within one year
(54,715)
(56,735)
Net current assets
368,723
307,438
Total assets less current liabilities
393,309
339,203
Creditors: amounts falling due after more than one year
(18,332)
(25,924)
Net assets
374,977
313,279
Called up share capital
1
1
Profit and loss account
374,976
313,278
Shareholders' funds
374,977
313,279
For the year ending 31 July 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 6 October 2023 and were signed on its behalf by
Byron Weston
Director
Company Registration No. 12129729
Weston & Son Limited
Notes to the Accounts
for the year ended 31 July 2023
Weston & Son Limited is a private company, limited by shares, registered in England and Wales, registration number 12129729. The registered office is 9 Evening Star, Royal Wootton Bassett, Swindon, Wiltshire, SN4 8FR, ENGLAND.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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 Basis
Motor vehicles
25% Reducing Balance Basis
Fixtures & fittings
25% Reducing Balance Basis
Computer equipment
25% Reducing Balance Basis
Weston & Son Limited
Notes to the Accounts
for the year ended 31 July 2023
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2022
16,650
35,572
2,030
54,252
At 31 July 2023
16,650
35,572
3,046
55,268
At 1 August 2022
9,626
11,687
1,174
22,487
Charge for the year
1,756
5,971
468
8,195
At 31 July 2023
11,382
17,658
1,642
30,682
At 31 July 2023
5,268
17,914
1,404
24,586
At 31 July 2022
7,024
23,885
856
31,765
Amounts falling due within one year
Trade debtors
140,171
153,678
Other debtors
14,911
24,125
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
40,344
53,116
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).