IRIS Accounts Production v23.3.1.45 00689749 Board of Directors 1.5.22 30.4.23 30.4.23 false true false false true false Ordinary A 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh006897492022-04-30006897492023-04-30006897492022-05-012023-04-30006897492021-04-30006897492021-05-012022-04-30006897492022-04-3000689749ns10:Originalns15:EnglandWales2022-05-012023-04-3000689749ns14:PoundSterlingns10:Original2022-05-012023-04-3000689749ns10:Originalns10:Director12022-05-012023-04-3000689749ns10:Original2022-05-012023-04-3000689749ns10:Original2023-04-3000689749ns10:Originalns10:PrivateLimitedCompanyLtd2022-05-012023-04-3000689749ns10:Originalns10:SmallEntities2022-05-012023-04-3000689749ns10:Originalns10:AuditExempt-NoAccountantsReport2022-05-012023-04-3000689749ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-05-012023-04-3000689749ns10:SmallCompaniesRegimeForAccountsns10:Original2022-05-012023-04-3000689749ns10:Originalns10:AbridgedAccounts2022-05-012023-04-3000689749ns10:Originalns10:OrdinaryShareClass22022-05-012023-04-3000689749ns10:Originalns10:Director22022-05-012023-04-3000689749ns10:Originalns10:RegisteredOffice2022-05-012023-04-3000689749ns10:Original2022-04-3000689749ns10:Originalns5:CurrentFinancialInstruments2023-04-3000689749ns10:Originalns5:CurrentFinancialInstruments2022-04-3000689749ns5:ShareCapitalns10:Original2023-04-3000689749ns5:ShareCapitalns10:Original2022-04-3000689749ns10:Originalns5:CapitalRedemptionReserve2023-04-3000689749ns10:Originalns5:CapitalRedemptionReserve2022-04-3000689749ns10:Originalns5:FurtherSpecificReserve1ComponentTotalEquity2023-04-3000689749ns10:Originalns5:FurtherSpecificReserve1ComponentTotalEquity2022-04-3000689749ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-04-3000689749ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-04-3000689749ns10:Originalns5:OwnedOrFreeholdAssetsns5:LandBuildings2022-05-012023-04-3000689749ns5:LongLeaseholdAssetsns10:Originalns5:LandBuildings2022-05-012023-04-3000689749ns10:Originalns5:LeaseholdImprovements2022-05-012023-04-3000689749ns10:Originalns5:FurnitureFittings2022-05-012023-04-3000689749ns10:Originalns5:MotorVehicles2022-05-012023-04-3000689749ns10:Originalns5:ComputerEquipment2022-05-012023-04-3000689749ns10:Original2021-05-012022-04-3000689749ns10:Original2022-04-3000689749ns10:Originalns10:OrdinaryShareClass22023-04-30
REGISTERED NUMBER: 00689749 (England and Wales)















Ward Brothers Limited

Unaudited Financial Statements For The Year Ended 30 April 2023






Ward Brothers Limited (Registered number: 00689749)






Contents of the Financial Statements
For The Year Ended 30 April 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Ward Brothers Limited

Company Information
For The Year Ended 30 April 2023







DIRECTORS: H W Fiddler
T C Fiddler





REGISTERED OFFICE: 37 Waterdale
Doncaster
South Yorkshire
DN1 3EY





REGISTERED NUMBER: 00689749 (England and Wales)





ACCOUNTANTS: Kingswood Allotts Limited
Chartered Accountants
Sidings Court
Lakeside
Doncaster
South Yorkshire
DN4 5NU

Ward Brothers Limited (Registered number: 00689749)

Abridged Balance Sheet
30 April 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 613,471 630,526

CURRENT ASSETS
Stocks 585,059 540,746
Debtors 80,722 64,372
Cash at bank and in hand 767,444 792,113
1,433,225 1,397,231
CREDITORS
Amounts falling due within one year 461,147 519,787
NET CURRENT ASSETS 972,078 877,444
TOTAL ASSETS LESS CURRENT LIABILITIES 1,585,549 1,507,970

PROVISIONS FOR LIABILITIES 8,999 7,840
NET ASSETS 1,576,550 1,500,130

CAPITAL AND RESERVES
Called up share capital 5 66,635 66,635
Capital redemption reserve 21,040 21,040
General reserve 84,000 84,000
Retained earnings 1,404,875 1,328,455
SHAREHOLDERS' FUNDS 1,576,550 1,500,130

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

Ward Brothers Limited (Registered number: 00689749)

Abridged Balance Sheet - continued
30 April 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 30 April 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 November 2023 and were signed on its behalf by:





T C Fiddler - Director


Ward Brothers Limited (Registered number: 00689749)

Notes to the Financial Statements
For The Year Ended 30 April 2023

1. STATUTORY INFORMATION

Ward Brothers 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 represents net invoiced sales of goods, excluding value added tax. Goods are invoiced on delivery to the customer.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on reducing balance
Long leasehold property - 2% on reducing balance
Alterations to premises - 10% on cost
Fixtures and fittings - 20% on cost and 10% on reducing balance
Motor vehicles - 25% on reducing balance
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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates two defined contribution pension schemes on behalf of its directors and employees. The assets of each scheme are held separately from those of the company being invested with insurance companies. Contributions are charged to the profit and loss account in the year in which they are payable.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2022 - 22 ) .

Ward Brothers Limited (Registered number: 00689749)

Notes to the Financial Statements - continued
For The Year Ended 30 April 2023

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 May 2022 1,251,569
Additions 4,235
At 30 April 2023 1,255,804
DEPRECIATION
At 1 May 2022 621,043
Charge for year 21,290
At 30 April 2023 642,333
NET BOOK VALUE
At 30 April 2023 613,471
At 30 April 2022 630,526


5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
66,635 Ordinary A £1 66,635 66,635

6. OTHER FINANCIAL COMMITMENTS

At the year end, the company had total commitments under a non cancellable operating lease in respect of a property it occupies totalling £30,177 (2022: £48,430). The annual commitment is £26,724.

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the year end the directors were owed £13,367 (2022: £15,455).