Silverfin false false 30/06/2023 01/07/2022 30/06/2023 A Winter 21/12/2016 M S Winter 09/07/2002 02 November 2023 no description of principal activity 04481107 2023-06-30 04481107 bus:Director1 2023-06-30 04481107 bus:Director2 2023-06-30 04481107 2022-06-30 04481107 core:CurrentFinancialInstruments 2023-06-30 04481107 core:CurrentFinancialInstruments 2022-06-30 04481107 core:Non-currentFinancialInstruments 2023-06-30 04481107 core:Non-currentFinancialInstruments 2022-06-30 04481107 core:ShareCapital 2023-06-30 04481107 core:ShareCapital 2022-06-30 04481107 core:RetainedEarningsAccumulatedLosses 2023-06-30 04481107 core:RetainedEarningsAccumulatedLosses 2022-06-30 04481107 core:PlantMachinery 2022-06-30 04481107 core:OfficeEquipment 2022-06-30 04481107 core:ComputerEquipment 2022-06-30 04481107 core:PlantMachinery 2023-06-30 04481107 core:OfficeEquipment 2023-06-30 04481107 core:ComputerEquipment 2023-06-30 04481107 bus:OrdinaryShareClass1 2023-06-30 04481107 bus:OrdinaryShareClass2 2023-06-30 04481107 2022-07-01 2023-06-30 04481107 bus:FilletedAccounts 2022-07-01 2023-06-30 04481107 bus:SmallEntities 2022-07-01 2023-06-30 04481107 bus:AuditExemptWithAccountantsReport 2022-07-01 2023-06-30 04481107 bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 04481107 bus:Director1 2022-07-01 2023-06-30 04481107 bus:Director2 2022-07-01 2023-06-30 04481107 core:PlantMachinery core:TopRangeValue 2022-07-01 2023-06-30 04481107 core:OfficeEquipment core:TopRangeValue 2022-07-01 2023-06-30 04481107 core:ComputerEquipment core:TopRangeValue 2022-07-01 2023-06-30 04481107 2021-07-01 2022-06-30 04481107 core:PlantMachinery 2022-07-01 2023-06-30 04481107 core:OfficeEquipment 2022-07-01 2023-06-30 04481107 core:ComputerEquipment 2022-07-01 2023-06-30 04481107 bus:OrdinaryShareClass1 2022-07-01 2023-06-30 04481107 bus:OrdinaryShareClass1 2021-07-01 2022-06-30 04481107 bus:OrdinaryShareClass2 2022-07-01 2023-06-30 04481107 bus:OrdinaryShareClass2 2021-07-01 2022-06-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: 04481107 (England and Wales)

WINTER & COMPANY (HEALTH & SAFETY) LIMITED

Unaudited Financial Statements
For the financial year ended 30 June 2023
Pages for filing with the registrar

WINTER & COMPANY (HEALTH & SAFETY) LIMITED

Unaudited Financial Statements

For the financial year ended 30 June 2023

Contents

WINTER & COMPANY (HEALTH & SAFETY) LIMITED

STATEMENT OF FINANCIAL POSITION

As at 30 June 2023
WINTER & COMPANY (HEALTH & SAFETY) LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

As at 30 June 2023
Note 2023 2022
£ £
Fixed assets
Tangible assets 3 3,168 5,703
3,168 5,703
Current assets
Debtors 4 45,797 77,186
Cash at bank and in hand 5 44,058 50,102
89,855 127,288
Creditors: amounts falling due within one year 6 ( 67,134) ( 71,629)
Net current assets 22,721 55,659
Total assets less current liabilities 25,889 61,362
Creditors: amounts falling due after more than one year 7 ( 20,748) ( 30,504)
Provision for liabilities 8 ( 1,426) ( 1,426)
Net assets 3,715 29,432
Capital and reserves
Called-up share capital 9 105 105
Profit and loss account 3,610 29,327
Total shareholders' funds 3,715 29,432

For the financial year ending 30 June 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Winter & Company (Health & Safety) Limited (registered number: 04481107) were approved and authorised for issue by the Director. They were signed on its behalf by:

M S Winter
Director

02 November 2023

WINTER & COMPANY (HEALTH & SAFETY) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 June 2023
WINTER & COMPANY (HEALTH & SAFETY) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 June 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Winter & Company (Health & Safety) Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 35 Ballards Lane, London, N3 1XW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

**Rendering of services**

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
* the amount of turnover can be measured reliably;
* it is probable that the company will receive the consideration due under the contract;
* the stage of completion of the contract at the end of the reporting period can be measured reliably; and
* the costs incurred and the costs to complete the contract can be measured reliably.

Taxation

Current tax
The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates income.

Deferred tax
Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:

* The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
* Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery 5 years straight line
Office equipment 5 years straight line
Computer equipment 5 years straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.

Grants of a revenue nature are recognised in the Statement of income and retained earnings in the same period as the related expenditure.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including directors 2 2

3. Tangible assets

Plant and machinery Office equipment Computer equipment Total
£ £ £ £
Cost
At 01 July 2022 1,476 38,144 22,847 62,467
At 30 June 2023 1,476 38,144 22,847 62,467
Accumulated depreciation
At 01 July 2022 1,476 32,815 22,473 56,764
Charge for the financial year 0 2,166 369 2,535
At 30 June 2023 1,476 34,981 22,842 59,299
Net book value
At 30 June 2023 0 3,163 5 3,168
At 30 June 2022 0 5,329 374 5,703

4. Debtors

2023 2022
£ £
Trade debtors 34,669 43,077
Amounts owed by directors 10,146 33,558
Prepayments 921 331
Other debtors 61 220
45,797 77,186

5. Cash and cash equivalents

2023 2022
£ £
Cash at bank and in hand 44,058 50,102
Less: Bank overdrafts ( 11,775) ( 2,660)
32,283 47,442

6. Creditors: amounts falling due within one year

2023 2022
£ £
Bank loans and overdrafts 21,775 12,660
Trade creditors 10,066 6,383
Accruals 500 0
Taxation and social security 32,127 41,833
Other creditors 2,666 10,753
67,134 71,629

7. Creditors: amounts falling due after more than one year

2023 2022
£ £
Bank loans 20,748 30,504

8. Provision for liabilities

2023 2022
£ £
Deferred tax 1,426 1,426

9. Called-up share capital

2023 2022
£ £
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each 100 100
5 Ordinary A shares of £ 1.00 each 5 5
105 105

10. Related party transactions

Included in other debtors is a balance of £10,146 (2022: £33,558) owed by the director. This balance is unsecured, with no fixed repayment terms. Interest is charged in line with HMRC's official interest rate.