Company registration number 05852746 (England and Wales)
ROB WHALLEY & SONS LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 25 JUNE 2023
ROB WHALLEY & SONS LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
ROB WHALLEY & SONS LTD
BALANCE SHEET
AS AT 25 JUNE 2023
25 June 2023
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Tangible assets
3
7
92
Current assets
Debtors
4
184
180
Cash at bank and in hand
869
545
1,053
725
Creditors: amounts falling due within one year
5
(55,767)
(52,472)
Net current liabilities
(54,714)
(51,747)
Net liabilities
(54,707)
(51,655)
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
(54,807)
(51,755)
Total equity
(54,707)
(51,655)
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 25 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 16 February 2024
Mr R Whalley
Director
Company registration number 05852746 (England and Wales)
ROB WHALLEY & SONS LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 25 JUNE 2023
- 2 -
1
Accounting policies
Company information
Rob Whalley & Sons Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 8 Kingsfield Road, Oxhey, Watford, Hertfordshire, England, WD19 4PS.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes.
1.3
Tangible fixed assets
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Fixtures and fittings
25% on reducing balance
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2023
2022
Number
Number
Total
1
1
ROB WHALLEY & SONS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 25 JUNE 2023
- 3 -
3
Tangible fixed assets
Fixtures and fittings
£
Cost
At 26 June 2022 and 25 June 2023
7,797
Depreciation and impairment
At 26 June 2022
7,705
Depreciation charged in the year
85
At 25 June 2023
7,790
Carrying amount
At 25 June 2023
7
At 25 June 2022
92
4
Debtors
2023
2022
Amounts falling due within one year:
£
£
Trade debtors
180
Other debtors
184
184
180
5
Creditors: amounts falling due within one year
2023
2022
£
£
Trade creditors
672
Taxation and social security
56
Other creditors
55,095
52,416
55,767
52,472