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REGISTERED NUMBER: 07718305 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2023

FOR

WILLJAMMER CONSULTING LIMITED

WILLJAMMER CONSULTING LIMITED (REGISTERED NUMBER: 07718305)

CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 July 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


WILLJAMMER CONSULTING LIMITED

COMPANY INFORMATION
for the year ended 31 July 2023







DIRECTORS: J W Sharman
F P Sharman





REGISTERED OFFICE: Harborough Hill House Harringworth Road
Gretton
Corby
NN17 3DD





REGISTERED NUMBER: 07718305 (England and Wales)





ACCOUNTANTS: Magma Audit LLP
Magma House
16 Davy Court
Castle Mound Way
Rugby
CV23 0UZ

WILLJAMMER CONSULTING LIMITED (REGISTERED NUMBER: 07718305)

BALANCE SHEET
31 July 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 1,222 2,317
Investment property 5 2,010,487 2,010,487
2,011,709 2,012,804

CURRENT ASSETS
Debtors 6 5,333 4,741
Cash at bank 38,983 43,289
44,316 48,030
CREDITORS
Amounts falling due within one year 7 (1,331,956 ) (1,455,426 )
NET CURRENT LIABILITIES (1,287,640 ) (1,407,396 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

724,069

605,408

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 724,067 605,406
724,069 605,408

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 April 2024 and were signed on its behalf by:





F P Sharman - Director


WILLJAMMER CONSULTING LIMITED (REGISTERED NUMBER: 07718305)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 July 2023


1. STATUTORY INFORMATION

Willjammer Consulting Limited is a limited company, limited by shares, registered in England and Wales. Its registered office address is Harborough Hill House, Harringworth Road, Gretton, Corby, NN17 3DD and, the registered number is 07718305.

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.

The presentational currency of the financial statements is Pound Sterling (£) and figures are rounded to the nearest £1.

Turnover
Turnover comprises of rental and consultancy income and is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of goods and services
Revenue from a contract to provide goods and services is recognised in the period in which the goods and services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

- the amount of revenue can be measured reliably;
- it is probable that the Company will receive the consideration due under the contract;
- the stage of completion of the contract at the end of the reporting period can be measured reliably; and
- the costs incurred and the costs to complete the contract can be measured reliably.

Tangible fixed assets
Tangible fixed assets are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using either a straight line or reducing balance method, as indicated below.

Depreciation is provided on the following basis:

Plant & Machinery - 33% straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss. Historical cost includes expenditure that is directly attributable to bringing the asset.

Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any
accumulated impairment losses.


WILLJAMMER CONSULTING LIMITED (REGISTERED NUMBER: 07718305)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 July 2023


2. ACCOUNTING POLICIES - continued
Taxation
The tax expense for the year comprises current and deferred tax.

Tax is recognised in the profit and loss account, except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the Balance Sheet date, except that:

- The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

- Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Both current and deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

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.

Financial instruments
(i) Financial assets

Basic financial assets, including trade and other debtors, cash and bank balances are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Such assets are subsequently carried at amortised cost using the effective interest rate method.

(ii) Financial liabilities

Basic financial liabilities, including trade and other creditors are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

WILLJAMMER CONSULTING LIMITED (REGISTERED NUMBER: 07718305)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 July 2023


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2022 5,969
Additions 612
At 31 July 2023 6,581
DEPRECIATION
At 1 August 2022 3,652
Charge for year 1,707
At 31 July 2023 5,359
NET BOOK VALUE
At 31 July 2023 1,222
At 31 July 2022 2,317

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2022
and 31 July 2023 2,010,487
NET BOOK VALUE
At 31 July 2023 2,010,487
At 31 July 2022 2,010,487

The directors do not consider the market value of the property at 31 July 2023 to be materially different from the carrying value in the accounts.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 2,673 2,259
Other debtors 2,660 2,482
5,333 4,741

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 16,370 12,276
Taxation and social security 26,381 29,635
Other creditors 1,289,205 1,413,515
1,331,956 1,455,426

8. RELATED PARTY DISCLOSURES

During the year the company has purchases of £10,000 (2022: £10,000) from a company with common directorships.