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REGISTERED NUMBER: 01081174 (England and Wales)
















Financial Statements

for the Year Ended 31 August 2023

for

W. Risby Limited

W. Risby Limited (Registered number: 01081174)

Contents of the Financial Statements
for the Year Ended 31 August 2023










Page

Company Information 1

Report of the Accountants 2

Balance Sheet 3

Notes to the Financial Statements 5


W. Risby Limited

Company Information
for the Year Ended 31 August 2023







DIRECTOR: N C Risby





REGISTERED OFFICE: 701 Stonehouse Park
Sperry Way
Stonehouse
Gloucestershire
GL10 3UT





REGISTERED NUMBER: 01081174 (England and Wales)





ACCOUNTANTS: GCSD Accountants Limited
701 Stonehouse Park
Sperry Way
Stonehouse
Gloucestershire
GL10 3UT

W. Risby Limited

Report of the Accountants to the Director of
W. Risby Limited


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements and the related notes from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements and state those matters that we have agreed to state to the Board of Directors, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that the Company 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. You consider that the Company 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 the Company. 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.






GCSD Accountants Limited


20 February 2024

W. Risby Limited (Registered number: 01081174)

Balance Sheet
31 August 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,495 8,187

CURRENT ASSETS
Stocks 864,981 861,291
Debtors 5 1,292,990 1,335,473
Cash at bank and in hand 6,397 8,793
2,164,368 2,205,557
CREDITORS
Amounts falling due within one year 6 415,351 414,555
NET CURRENT ASSETS 1,749,017 1,791,002
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,754,512

1,799,189

PROVISIONS FOR LIABILITIES 1,044 1,556
NET ASSETS 1,753,468 1,797,633

CAPITAL AND RESERVES
Called up share capital 90 90
Capital redemption reserve 10 10
Retained earnings 1,753,368 1,797,533
SHAREHOLDERS' FUNDS 1,753,468 1,797,633

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

W. Risby Limited (Registered number: 01081174)

Balance Sheet - continued
31 August 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 February 2024 and were signed by:





N C Risby - Director


W. Risby Limited (Registered number: 01081174)

Notes to the Financial Statements
for the Year Ended 31 August 2023


1. STATUTORY INFORMATION

W. Risby 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.

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.

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.
Plant and machinery - 25% on reducing balance
Equipment - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 15% on reducing balance

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 6 ) .

W. Risby Limited (Registered number: 01081174)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023


4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery Equipment vehicles equipment Totals
£    £    £    £    £   
COST
At 1 September 2022 210,568 27,532 184,135 16,112 438,347
Disposals - - (14,205 ) - (14,205 )
At 31 August 2023 210,568 27,532 169,930 16,112 424,142
DEPRECIATION
At 1 September 2022 210,071 26,769 177,988 15,332 430,160
Charge for year 124 115 1,269 117 1,625
Eliminated on disposal - - (13,138 ) - (13,138 )
At 31 August 2023 210,195 26,884 166,119 15,449 418,647
NET BOOK VALUE
At 31 August 2023 373 648 3,811 663 5,495
At 31 August 2022 497 763 6,147 780 8,187

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 23,671 22,051
Amounts owed by associates 1,268,280 1,310,969
Other debtors 1,039 2,453
1,292,990 1,335,473

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 300,000 300,000
Trade creditors 4,111 4,282
Amounts owed to associates 26,727 26,727
Taxation and social security 3,301 1,697
Other creditors 81,212 81,849
415,351 414,555