DAVID T WILLIAMS LIMITED

Company Registration Number:
06450283 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

DAVID T WILLIAMS LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

DAVID T WILLIAMS LIMITED

Company Information

for the Period Ended 31 December 2023




Director: DAVID T WILLIAMS
Secretary: JANE WILLIAMS
Registered office: The Old Potting Shed, Gwernvale
Farm, Brecon Road
Crickhowell
Powys
NP8 1SE
Company Registration Number: 06450283 (England and Wales)

DAVID T WILLIAMS LIMITED

Balance sheet

As at 31 December 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 3,820 1,826
Total fixed assets: 3,820 1,826
Current assets
Cash at bank and in hand: 150,149 139,313
Total current assets: 150,149 139,313
Creditors: amounts falling due within one year: ( 22,077 ) ( 25,006 )
Net current assets (liabilities): 128,072 114,307
Total assets less current liabilities: 131,892 116,133
Total net assets (liabilities): 131,892 116,133

The notes form part of these financial statements

DAVID T WILLIAMS LIMITED

Balance sheet continued

As at 31 December 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 131,792 116,033
Shareholders funds: 131,892 116,133

For the year ending 31 December 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 16 February 2024
And Signed On Behalf Of The Board By:

Name: DAVID T WILLIAMS
Status: Director

The notes form part of these financial statements

DAVID T WILLIAMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    The turnover shown in the profit and loss account represents revenue earned during the period, exclusive of VAT.

    Tangible fixed assets depreciation policy

    Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life:
    Fixtures & fittings - 20% on cost
    Plant & equipment - 20% on cost

    Intangible fixed assets amortisation policy

    Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives, not to exceed twenty years. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

    Valuation information and policy

    Stocks and work in progress are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

DAVID T WILLIAMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 0 0

DAVID T WILLIAMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 3. Off balance sheet disclosure

    No

DAVID T WILLIAMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Tangible Assets

Total
Cost £
At 01 January 2023 14,227
Additions 2,949
Disposals -
Revaluations -
Transfers -
At 31 December 2023 17,176
Depreciation
At 01 January 2023 12,401
Charge for year 955
On disposals -
Other adjustments -
At 31 December 2023 13,356
Net book value
At 31 December 2023 3,820
At 31 December 2022 1,826