IRIS Accounts Production v23.4.0.336 04453247 Board of Directors Board of Directors 1.8.22 31.7.23 31.7.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh044532472022-07-31044532472023-07-31044532472022-08-012023-07-31044532472021-07-31044532472021-08-012022-07-31044532472022-07-3104453247ns15:EnglandWales2022-08-012023-07-3104453247ns14:PoundSterling2022-08-012023-07-3104453247ns10:Director12022-08-012023-07-3104453247ns10:Director22022-08-012023-07-3104453247ns10:PrivateLimitedCompanyLtd2022-08-012023-07-3104453247ns10:SmallEntities2022-08-012023-07-3104453247ns10:AuditExempt-NoAccountantsReport2022-08-012023-07-3104453247ns10:SmallCompaniesRegimeForDirectorsReport2022-08-012023-07-3104453247ns10:SmallCompaniesRegimeForAccounts2022-08-012023-07-3104453247ns10:AbridgedAccounts2022-08-012023-07-3104453247ns10:OrdinaryShareClass12022-08-012023-07-3104453247ns10:CompanySecretary12022-08-012023-07-3104453247ns10:RegisteredOffice2022-08-012023-07-3104453247ns5:CurrentFinancialInstruments2023-07-3104453247ns5:CurrentFinancialInstruments2022-07-3104453247ns5:Non-currentFinancialInstruments2023-07-3104453247ns5:Non-currentFinancialInstruments2022-07-3104453247ns5:ShareCapital2023-07-3104453247ns5:ShareCapital2022-07-3104453247ns5:RetainedEarningsAccumulatedLosses2023-07-3104453247ns5:RetainedEarningsAccumulatedLosses2022-07-3104453247ns5:OwnedOrFreeholdAssetsns5:LandBuildings2022-08-012023-07-3104453247ns5:PlantMachinery2022-08-012023-07-3104453247ns5:MotorVehicles2022-08-012023-07-3104453247ns5:ComputerEquipment2022-08-012023-07-3104453247ns5:Secured2023-07-3104453247ns5:Secured2022-07-3104453247ns10:OrdinaryShareClass12023-07-31
REGISTERED NUMBER: 04453247 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2023

FOR

WILLIAMSON BROTHERS NORTH WEST LIMITED

WILLIAMSON BROTHERS NORTH WEST LIMITED (REGISTERED NUMBER: 04453247)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


WILLIAMSON BROTHERS NORTH WEST LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2023







DIRECTORS: Mr S Williamson
Mr D Williamson



SECRETARY: Mr S Williamson



REGISTERED OFFICE: The Orchard
Arrad Foot
Ulverston
Cumbria
LA12 7SL



REGISTERED NUMBER: 04453247 (England and Wales)



BANKERS: Lloyds Bank plc
5-6 King Street
Penrith
Cumbria
CA11 7AP

WILLIAMSON BROTHERS NORTH WEST LIMITED (REGISTERED NUMBER: 04453247)

ABRIDGED BALANCE SHEET
31 JULY 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 750,997 761,771

CURRENT ASSETS
Stocks 92,400 72,000
Debtors 38,768 58,079
131,168 130,079
CREDITORS
Amounts falling due within one year 820,979 822,426
NET CURRENT LIABILITIES (689,811 ) (692,347 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

61,186

69,424

CREDITORS
Amounts falling due after more than one
year

29,216

46,141
NET ASSETS 31,970 23,283

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings 31,870 23,183
SHAREHOLDERS' FUNDS 31,970 23,283

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

WILLIAMSON BROTHERS NORTH WEST LIMITED (REGISTERED NUMBER: 04453247)

ABRIDGED BALANCE SHEET - continued
31 JULY 2023


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 July 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 April 2024 and were signed on its behalf by:




Mr D Williamson - Director



Mr S Williamson - Director


WILLIAMSON BROTHERS NORTH WEST LIMITED (REGISTERED NUMBER: 04453247)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

1. STATUTORY INFORMATION

Williamson Brothers North West 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.

The financial statements have been prepared on the going concern basis the directors having agreed to continue to support the company.

Turnover
Turnover represents net invoiced sales of goods and services, excluding VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Freehold property - not provided
Plant and machinery - 20% on cost and 10% on cost
Motor vehicles - 20% on cost
Computer equipment - 33% on cost

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

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

WILLIAMSON BROTHERS NORTH WEST LIMITED (REGISTERED NUMBER: 04453247)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 August 2022 1,331,151
Additions 13,741
Disposals (2,200 )
At 31 July 2023 1,342,692
DEPRECIATION
At 1 August 2022 569,380
Charge for year 24,515
Eliminated on disposal (2,200 )
At 31 July 2023 591,695
NET BOOK VALUE
At 31 July 2023 750,997
At 31 July 2022 761,771

Freehold property has not been depreciated which is a departure from Financial Reporting Standard 102 and from the Companies Act 2006. Depreciation if provided would not have been of a material nature. The directors consider that this policy results in the financial statements showing a true and fair view.

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
At 1 August 2022
and 31 July 2023 209,800
DEPRECIATION
At 1 August 2022 85,470
Charge for year 11,955
At 31 July 2023 97,425
NET BOOK VALUE
At 31 July 2023 112,375
At 31 July 2022 124,330

WILLIAMSON BROTHERS NORTH WEST LIMITED (REGISTERED NUMBER: 04453247)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023

5. SECURED DEBTS

The following secured debts are included within creditors:

31.7.23 31.7.22
£    £   
Bank loans 528,493 521,939
Hire purchase contracts 6,924 28,096
535,417 550,035

Lloyds TSB Bank Limited hold a debenture over the company and a mortgage on the company property securing all amounts due.

6. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 31.7.23 31.7.22
value: £    £   
100 Ordinary 1 100 100

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At 31 July 2023 Mr S Williamson and Mr D Williamson, directors of the company, had on an unsecured interest free basis advanced £281,457 to the company.

(Prior year £272,631)