2 30/06/2023 2023-06-30 false false false false false false false false false false true false false true false false false false false true false No description of principal activities is disclosed 2022-07-01 Sage Accounts Production 21.0 - FRS102_2021 xbrli:pure xbrli:shares iso4217:GBP 07054128 2022-07-01 2023-06-30 07054128 2023-06-30 07054128 2021-07-01 2022-06-30 07054128 2022-06-30 07054128 2021-06-30 07054128 bus:RegisteredOffice 2022-07-01 2023-06-30 07054128 bus:LeadAgentIfApplicable 2022-07-01 2023-06-30 07054128 bus:Director1 2022-07-01 2023-06-30 07054128 bus:Director2 2022-07-01 2023-06-30 07054128 bus:CompanySecretary1 2022-07-01 2023-06-30 07054128 core:WithinOneYear 2023-06-30 07054128 core:WithinOneYear 2022-06-30 07054128 core:AfterOneYear 2023-06-30 07054128 core:AfterOneYear 2022-06-30 07054128 core:RetainedEarningsAccumulatedLosses 2021-07-01 2022-06-30 07054128 core:RetainedEarningsAccumulatedLosses 2022-07-01 2023-06-30 07054128 core:ShareCapital 2023-06-30 07054128 core:ShareCapital 2022-06-30 07054128 core:RetainedEarningsAccumulatedLosses 2023-06-30 07054128 core:RetainedEarningsAccumulatedLosses 2022-06-30 07054128 core:ShareCapital 2021-06-30 07054128 core:RetainedEarningsAccumulatedLosses 2021-06-30 07054128 core:CostValuation core:Non-currentFinancialInstruments 2023-06-30 07054128 core:Non-currentFinancialInstruments core:ProvisionsForImpairmentInvestments 2023-06-30 07054128 core:Non-currentFinancialInstruments 2023-06-30 07054128 core:Non-currentFinancialInstruments 2022-06-30 07054128 bus:Director1 2023-06-30 07054128 bus:Director1 2021-06-30 07054128 bus:Director1 2021-07-01 2022-06-30 07054128 bus:SmallEntities 2022-07-01 2023-06-30 07054128 bus:AuditExemptWithAccountantsReport 2022-07-01 2023-06-30 07054128 bus:FullAccounts 2022-07-01 2023-06-30 07054128 bus:SmallCompaniesRegimeForAccounts 2022-07-01 2023-06-30 07054128 bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30
Company registration number: 07054128
WILLIAMS HOUSE SHREWSBURY LIMITED
30 June 2023
HEYWOODS
Chartered Accountants
Countrywide House
Knights Way
Shrewsbury
Shropshire
SY1 3AB
WILLIAMS HOUSE SHREWSBURY LIMITED
Contents
Directors and other information
Accountants report
Statement of financial position
Statement of changes in equity
Notes to the financial statements
WILLIAMS HOUSE SHREWSBURY LIMITED
DIRECTORS AND OTHER INFORMATION
Directors Mr R I Cambray
Mrs M E Cambray
Secretary Mrs M E Cambray
Company number 07054128
Registered office New House Farm
Pulverbatch
Shrewsbury
Shropshire
SY5 8DE
Business address New House Farm
Pulverbatch
Shrewsbury
Shropshire
SY5 8DE
Accountants Heywoods
Countrywide House
Knights Way
Shrewsbury
Shropshire
SY1 3AB
WILLIAMS HOUSE SHREWSBURY LIMITED
CHARTERED ACCOUNTANTS REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE
UNAUDITED STATUTORY FINANCIAL STATEMENTS OF WILLIAMS HOUSE SHREWSBURY LIMITED
YEAR ENDED 30 JUNE 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Williams House Shrewsbury Limited for the year ended 30 June 2023 as set out on pages 3 to 8 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.
This report is made solely to the board of directors of Williams House Shrewsbury Limited, as a body, in accordance with the terms of our engagement letter dated 31 August 2018. Our work has been undertaken solely to prepare for your approval the financial statements of Williams House Shrewsbury Limited and state those matters that we have agreed to state to the board of directors of Williams House Shrewsbury Limited as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Williams House Shrewsbury Limited and its board of directors as a body for our work or for this report.
It is your duty to ensure that Williams House Shrewsbury Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Williams House Shrewsbury Limited. You consider that Williams House Shrewsbury Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Williams House Shrewsbury Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Heywoods
Chartered Accountants
Countrywide House
Knights Way
Shrewsbury
Shropshire
SY1 3AB
24 November 2023
WILLIAMS HOUSE SHREWSBURY LIMITED
STATEMENT OF FINANCIAL POSITION
30 JUNE 2023
2023 2022
Note £ £ £ £
Fixed assets
Investments 5 349,074 349,074
_______ _______
349,074 349,074
Current assets
Debtors 6 40,599 40,087
Cash at bank and in hand 2,450 2,588
_______ _______
43,049 42,675
Creditors: amounts falling due
within one year 7 ( 173,102) ( 165,063)
_______ _______
Net current liabilities ( 130,053) ( 122,388)
_______ _______
Total assets less current liabilities 219,021 226,686
Creditors: amounts falling due
after more than one year 8 ( 118,631) ( 135,203)
Provisions for liabilities ( 3,296) ( 3,296)
_______ _______
Net assets 97,094 88,187
_______ _______
Capital and reserves
Called up share capital 10 10
Profit and loss account 97,084 88,177
_______ _______
Shareholders funds 97,094 88,187
_______ _______
For the 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 members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 24 November 2023 , and are signed on behalf of the board by:
Mr R I Cambray
Director
Company registration number: 07054128
WILLIAMS HOUSE SHREWSBURY LIMITED
STATEMENT OF CHANGES IN EQUITY
YEAR ENDED 30 JUNE 2023
Called up share capital Profit and loss account Total
£ £ £
At 1 July 2021 10 79,352 79,362
Profit for the year 8,825 8,825
_______ _______ _______
Total comprehensive income for the year - 8,825 8,825
_______ _______ _______
At 30 June 2022 and 1 July 2022 10 88,177 88,187
Profit for the year 8,907 8,907
_______ _______ _______
Total comprehensive income for the year - 8,907 8,907
_______ _______ _______
At 30 June 2023 10 97,084 97,094
_______ _______ _______
WILLIAMS HOUSE SHREWSBURY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 30 JUNE 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 New House Farm, Pulverbatch, Shrewsbury, Shropshire, SY5 8DE.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Fixed asset investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2022: 2 ).
5. Investments
Other investments other than loans Total
£ £
Cost
At 1 July 2022 and 30 June 2023 368,463 368,463
_______ _______
Impairment
At 1 July 2022 and 30 June 2023 19,389 19,389
_______ _______
Carrying amount
At 30 June 2023 349,074 349,074
_______ _______
At 30 June 2022 349,074 349,074
_______ _______
6. Debtors
2023 2022
£ £
Other debtors 40,599 40,087
_______ _______
7. Creditors: amounts falling due within one year
2023 2022
£ £
Bank loans and overdrafts 16,186 15,800
Corporation tax 2,239 2,106
Other creditors 154,677 147,157
_______ _______
173,102 165,063
_______ _______
8. Creditors: amounts falling due after more than one year
2023 2022
£ £
Bank loans and overdrafts 33,796 39,907
Other creditors 84,835 95,296
_______ _______
118,631 135,203
_______ _______
Included within creditors: amounts falling due after more than one year is an amount of £ 61,923 (2022 £ 70,803 ) in respect of liabilities payable or repayable by instalments which fall due for payment after more than five years from the reporting date.
The loan is repayable by the 30th July 2030. Interest is charged at 2.8% per annum.
9. Directors advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2023
Balance brought forward Advances /(credits) to the directors Amounts repaid Balance o/standing
£ £ £ £
Mr R I Cambray - ( 7,500) - ( 7,500)
_______ _______ _______ _______
2022
Balance brought forward Advances /(credits) to the directors Amounts repaid Balance o/standing
£ £ £ £
Mr R I Cambray ( 100,000) - 100,000 -
_______ _______ _______ _______