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REGISTERED NUMBER: 00418802 (England and Wales)















G.Worrall & Son Limited

Unaudited Financial Statements for the Year Ended 30 September 2023






G.Worrall & Son Limited (Registered number: 00418802)






Contents of the Financial Statements
for the year ended 30 September 2023




Page

Company information 1

Balance sheet 2

Notes to the financial statements 4


G.Worrall & Son Limited

Company Information
for the year ended 30 September 2023







Directors: M A Neville
R T Neville





Secretary: L J Neville





Registered office: 174 Great Suffolk Street
London
SE1 1PE





Registered number: 00418802 (England and Wales)





Accountants: Goodin, Reid & Co
7 Woodside Road
New Malden
Surrey
KT3 3AH

G.Worrall & Son Limited (Registered number: 00418802)

Balance Sheet
30 September 2023

2023 2022
Notes £    £    £    £   
Fixed assets
Tangible assets 4 42,876 53,824

Current assets
Stocks 15,500 17,500
Debtors 5 53,419 62,416
Cash in hand 52,037 75,417
120,956 155,333
Creditors
Amounts falling due within one year 6 58,699 98,766
Net current assets 62,257 56,567
Total assets less current liabilities 105,133 110,391

Capital and reserves
Called up share capital 2,000 2,000
Retained earnings 103,133 108,391
105,133 110,391

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

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

G.Worrall & Son Limited (Registered number: 00418802)

Balance Sheet - continued
30 September 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 Board of Directors and authorised for issue on 20 February 2024 and were signed on its behalf by:





M A Neville - Director


G.Worrall & Son Limited (Registered number: 00418802)

Notes to the Financial Statements
for the year ended 30 September 2023

1. Statutory information

G.Worrall & Son 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 - 10% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

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 Statement of Income and Retained Earnings, 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.


G.Worrall & Son Limited (Registered number: 00418802)

Notes to the Financial Statements - continued
for the year ended 30 September 2023

2. Accounting policies - continued
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 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 6 (2022 - 6 ) .

4. Tangible fixed assets
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
Cost
At 1 October 2022 21,755 58,590 48,775 129,120
Additions 2,500 - - 2,500
At 30 September 2023 24,255 58,590 48,775 131,620
Depreciation
At 1 October 2022 20,029 6,492 48,775 75,296
Charge for year 423 13,025 - 13,448
At 30 September 2023 20,452 19,517 48,775 88,744
Net book value
At 30 September 2023 3,803 39,073 - 42,876
At 30 September 2022 1,726 52,098 - 53,824

G.Worrall & Son Limited (Registered number: 00418802)

Notes to the Financial Statements - continued
for the year ended 30 September 2023

5. Debtors
2023 2022
£    £   
Amounts falling due within one year:
Trade debtors 43,348 52,498
Other debtors 6,271 6,718
49,619 59,216

Amounts falling due after more than one year:
Other debtors 3,800 3,200

Aggregate amounts 53,419 62,416

6. Creditors: amounts falling due within one year
2023 2022
£    £   
Trade creditors 11,493 13,310
Taxation and social security 17,256 23,426
Other creditors 29,950 62,030
58,699 98,766