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REGISTERED NUMBER: 00550195 (England and Wales)















Unaudited Financial Statements for the Year Ended 3 June 2023

for

W.H.EDGINTON & SONS LIMITED

W.H.EDGINTON & SONS LIMITED (REGISTERED NUMBER: 00550195)






Contents of the Financial Statements
for the year ended 3 June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


W.H.EDGINTON & SONS LIMITED

Company Information
for the year ended 3 June 2023







DIRECTORS: G S Edginton
Mrs M Edginton





REGISTERED OFFICE: 9 Worton Park
Cassington
Witney
Oxfordshire
OX29 4SX





REGISTERED NUMBER: 00550195 (England and Wales)





ACCOUNTANTS: Camerons Accountancy Consultants Limited
Chartered Accountants
9 Worton Park
Cassington
Witney
Oxfordshire
OX29 4SX

W.H.EDGINTON & SONS LIMITED (REGISTERED NUMBER: 00550195)

Balance Sheet
3 June 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,145,279 3,162,284
Investments 5 31,974 33,561
3,177,253 3,195,845

CURRENT ASSETS
Stocks 100,158 86,766
Debtors 6 20,870 10,767
Cash at bank and in hand 291,043 276,481
412,071 374,014
CREDITORS
Amounts falling due within one year 7 34,196 24,285
NET CURRENT ASSETS 377,875 349,729
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,555,128

3,545,574

CAPITAL AND RESERVES
Called up share capital 10,000 10,000
Fair value reserve 8 2,501,685 2,501,685
Retained earnings 1,043,443 1,033,889
SHAREHOLDERS' FUNDS 3,555,128 3,545,574

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 3 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 3 June 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 November 2023 and were signed on its behalf by:





G S Edginton - Director


W.H.EDGINTON & SONS LIMITED (REGISTERED NUMBER: 00550195)

Notes to the Financial Statements
for the year ended 3 June 2023

1. STATUTORY INFORMATION

W.H.Edginton & Sons Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 2% on cost
Plant and machinery - 10%, 15% and 25% on reducing balance
Fixtures and fittings - 10% on reducing balance
Motor vehicles - 25% on reducing balance

Freehold land and buildings are not depreciated, but are shown at fair value after a valuation has been carried out by the directors. The surplus or deficit arising from the annual revaluation is made through the profit and loss account and then subsequently transferred to the fair value reserve.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year 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.

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 year 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 paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
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.

W.H.EDGINTON & SONS LIMITED (REGISTERED NUMBER: 00550195)

Notes to the Financial Statements - continued
for the year ended 3 June 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

4. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and
property property machinery
£    £    £   
COST OR VALUATION
At 4 June 2022
and 3 June 2023 2,990,500 112,802 496,724
DEPRECIATION
At 4 June 2022 - 33,920 420,124
Charge for year - 2,256 11,601
At 3 June 2023 - 36,176 431,725
NET BOOK VALUE
At 3 June 2023 2,990,500 76,626 64,999
At 3 June 2022 2,990,500 78,882 76,600

Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST OR VALUATION
At 4 June 2022
and 3 June 2023 19,685 13,500 3,633,211
DEPRECIATION
At 4 June 2022 13,508 3,375 470,927
Charge for year 617 2,531 17,005
At 3 June 2023 14,125 5,906 487,932
NET BOOK VALUE
At 3 June 2023 5,560 7,594 3,145,279
At 3 June 2022 6,177 10,125 3,162,284

Cost or valuation at 3 June 2023 is represented by:

Plant and
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 2015 1,380,628 - 1,380,628
Valuation in 2017 80,557 - 80,557
Valuation in 2020 1,040,500 - 1,040,500
Cost 488,815 642,711 1,131,526
2,990,500 642,711 3,633,211

W.H.EDGINTON & SONS LIMITED (REGISTERED NUMBER: 00550195)

Notes to the Financial Statements - continued
for the year ended 3 June 2023

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 4 June 2022 33,561
Revaluations (1,587 )
At 3 June 2023 31,974
NET BOOK VALUE
At 3 June 2023 31,974
At 3 June 2022 33,561

Cost or valuation at 3 June 2023 is represented by:

Other
investments
£   
Valuation in 2016 37,788
Valuation in 2017 4,662
Valuation in 2018 2,262
Valuation in 2019 (20,440 )
Valuation in 2020 14,939
Valuation in 2021 22,284
Valuation in 2022 (31,019 )
Valuation in 2023 (1,587 )
Cost 3,085
31,974

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 20,870 10,767

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 5,235 -
Taxation and social security 12,888 -
Other creditors 16,073 24,285
34,196 24,285

8. RESERVES
Fair
value
reserve
£   
At 4 June 2022
and 3 June 2023 2,501,685

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is G S Edginton.