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Company Registration No. 13887871 (England and Wales)
SMITH & WILLIAMSON DEVELOPMENTS LIMITED Unaudited accounts for the year ended 31 December 2023
SMITH & WILLIAMSON DEVELOPMENTS LIMITED Unaudited accounts Contents
Page
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SMITH & WILLIAMSON DEVELOPMENTS LIMITED Company Information for the year ended 31 December 2023
Director
Carl Smith
Company Number
13887871 (England and Wales)
Registered Office
75 HALL LANE WEST WINCH KING'S LYNN NORFOLK PE33 0PJ UNITED KINGDOM
Accountants
ALMS Limited 12 Orchard Drive West Walton Cambs PE14 7EZ
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SMITH & WILLIAMSON DEVELOPMENTS LIMITED Accountants' report
Accountants' report to the director of SMITH & WILLIAMSON DEVELOPMENTS LIMITED on the preparation of the unaudited statutory accounts for the year ended 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of SMITH & WILLIAMSON DEVELOPMENTS LIMITED for the year ended 31 December 2023 as set out on pages 5 - 7 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 of SMITH & WILLIAMSON DEVELOPMENTS LIMITED, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of SMITH & WILLIAMSON DEVELOPMENTS LIMITED and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than SMITH & WILLIAMSON DEVELOPMENTS LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that SMITH & WILLIAMSON DEVELOPMENTS LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of SMITH & WILLIAMSON DEVELOPMENTS LIMITED. You consider that SMITH & WILLIAMSON DEVELOPMENTS LIMITED 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 accounts of SMITH & WILLIAMSON DEVELOPMENTS LIMITED. 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 accounts.
ALMS Limited 12 Orchard Drive West Walton Cambs PE14 7EZ 27 February 2024
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SMITH & WILLIAMSON DEVELOPMENTS LIMITED Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
14,180 
48,032 
Current assets
Inventories
18,088 
13,180 
Debtors
49,130 
24,902 
Cash at bank and in hand
28,524 
18,178 
95,742 
56,260 
Creditors: amounts falling due within one year
(86,785)
(86,582)
Net current assets/(liabilities)
8,957 
(30,322)
Total assets less current liabilities
23,137 
17,710 
Creditors: amounts falling due after more than one year
- 
(17,556)
Net assets
23,137 
154 
Capital and reserves
Called up share capital
200 
200 
Profit and loss account
22,937 
(46)
Shareholders' funds
23,137 
154 
For the year ending 31 December 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 27 February 2024 and were signed on its behalf by
Carl Smith Director Company Registration No. 13887871
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SMITH & WILLIAMSON DEVELOPMENTS LIMITED Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
SMITH & WILLIAMSON DEVELOPMENTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13887871. The registered office is 75 HALL LANE , WEST WINCH, KING'S LYNN, NORFOLK, PE33 0PJ, UNITED KINGDOM.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% on cost
Motor vehicles
25% reducing balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2023
4,497 
47,245 
51,742 
Additions
6,444 
- 
6,444 
Disposals
- 
(36,000)
(36,000)
At 31 December 2023
10,941 
11,245 
22,186 
Depreciation
At 1 January 2023
899 
2,811 
3,710 
Charge for the year
2,187 
2,109 
4,296 
At 31 December 2023
3,086 
4,920 
8,006 
Net book value
At 31 December 2023
7,855 
6,325 
14,180 
At 31 December 2022
3,598 
44,434 
48,032 
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SMITH & WILLIAMSON DEVELOPMENTS LIMITED Notes to the Accounts for the year ended 31 December 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
3,536 
- 
Trade debtors
41,247 
24,902 
Other debtors
4,347 
- 
49,130 
24,902 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
- 
5,621 
Obligations under finance leases and hire purchase contracts
3,062 
14,944 
Trade creditors
56,681 
38,122 
Taxes and social security
- 
1,723 
Loans from directors
26,190 
25,370 
Accruals
852 
802 
86,785 
86,582 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Obligations under finance leases and hire purchase contracts
- 
17,556 
8
Average number of employees
During the year the average number of employees was 3 (2022: 3).
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