Company Registration No. 12586401 (England and Wales)
Willment Bros Ltd
Unaudited accounts
for the year ended 31 May 2023
Willment Bros Ltd
Unaudited accounts
Contents
Willment Bros Ltd
Company Information
for the year ended 31 May 2023
Company Number
12586401 (England and Wales)
Registered Office
42 SINGLE HILL
SHOSCOMBE
BATH
BA2 8LZ
ENGLAND
Accountants
Monksilver GP Ltd
The Old Schoolhouse
Monksilver
Taunton
Somerset
TA4 4HY
Willment Bros Ltd
Statement of financial position
as at 31 May 2023
Cash at bank and in hand
2,586
9,463
Creditors: amounts falling due within one year
(16,791)
(6,310)
Net current (liabilities)/assets
(4,205)
3,153
Net (liabilities)/assets
(4,205)
3,153
Profit and loss account
(4,206)
3,152
Shareholders' funds
(4,205)
3,153
For the year ending 31 May 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 director acknowledges his 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 and authorised for issue on 23 February 2024 and were signed on its behalf by
Daniel Willment
Director
Company Registration No. 12586401
Willment Bros Ltd
Notes to the Accounts
for the year ended 31 May 2023
Willment Bros Ltd is a private company, limited by shares, registered in England and Wales, registration number 12586401. The registered office is 42 SINGLE HILL, SHOSCOMBE, BATH, BA2 8LZ, 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.
Amounts falling due after more than one year
5
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
2,765
-
Taxes and social security
-
739
Loans from directors
3,281
4,826
A Loan of £10000 was made from Willment & Son Limited, A company that the director Mr Daniel Willment is also a Director and Shareholder of, interest is to be charged at 2% per Annum
6
Transactions with related parties
Within Debtors greater than one year there is an intercompany loan of £10000 from Willment & Son Limited, A company that the director Mr Daniel Willment is also a Director and Shareholder of, interest is to be charged at 2% per Annum
Within current liabilities there is A loan made to Mr Daniel Willment, the Director for £10,000 , Interest has been charged and paid at 2%
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).