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REGISTERED NUMBER: 09700764 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2023

for

Williams Restoration Limited

Williams Restoration Limited (Registered number: 09700764)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Williams Restoration Limited

Company Information
for the Year Ended 31 July 2023







DIRECTORS: C Pritchard
C Williams
Miss L A Roberts





REGISTERED OFFICE: Suite 4
Park House
1-4 Park Terrace
Worcester Park
Surrey
KT4 7JZ





REGISTERED NUMBER: 09700764 (England and Wales)





ACCOUNTANTS: Thornton Springer LLP
Chartered Accountants
67 Westow Street
London
SE19 3RW

Williams Restoration Limited (Registered number: 09700764)

Balance Sheet
31 July 2023

31.7.23 31.7.22
Notes £    £   
FIXED ASSETS
Tangible assets 5 41,787 44,473

CURRENT ASSETS
Debtors 6 311,677 302,943
Cash at bank 5,996 15
317,673 302,958
CREDITORS
Amounts falling due within one year 7 (208,225 ) (165,821 )
NET CURRENT ASSETS 109,448 137,137
TOTAL ASSETS LESS CURRENT
LIABILITIES

151,235

181,610

CREDITORS
Amounts falling due after more than one
year

8

(98,809

)

(142,957

)
NET ASSETS 52,426 38,653

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 52,326 38,553
SHAREHOLDERS' FUNDS 52,426 38,653

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.

Williams Restoration Limited (Registered number: 09700764)

Balance Sheet - continued
31 July 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 April 2024 and were signed on its behalf by:





Miss L A Roberts - Director


Williams Restoration Limited (Registered number: 09700764)

Notes to the Financial Statements
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

Williams Restoration 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 33% on cost
Fixtures and fittings - 33.3% on cost
Motor vehicles - 25% per annum on straight line basis
Computer equipment - 33.3% on cost

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.

Williams Restoration Limited (Registered number: 09700764)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

3. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2022 - 7 ) .

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 August 2022 9,608 2,204 44,650 9,930 66,392
Additions - - 12,990 - 12,990
At 31 July 2023 9,608 2,204 57,640 9,930 79,382
DEPRECIATION
At 1 August 2022 9,608 933 3,867 7,511 21,919
Charge for year - 521 13,727 1,428 15,676
At 31 July 2023 9,608 1,454 17,594 8,939 37,595
NET BOOK VALUE
At 31 July 2023 - 750 40,046 991 41,787
At 31 July 2022 - 1,271 40,783 2,419 44,473

Williams Restoration Limited (Registered number: 09700764)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 August 2022
and 31 July 2023 44,650
DEPRECIATION
At 1 August 2022 3,867
Charge for year 11,162
At 31 July 2023 15,029
NET BOOK VALUE
At 31 July 2023 29,621
At 31 July 2022 40,783

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade debtors 245,980 279,239
Other debtors 65,697 23,704
311,677 302,943

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Bank loans and overdrafts 3,360 287
Hire purchase contracts 5,063 5,063
Trade creditors 86,000 1,538
Taxation and social security 28,067 22,867
Other creditors 85,735 136,066
208,225 165,821

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.23 31.7.22
£    £   
Hire purchase contracts 25,647 30,710
Other creditors 73,162 112,247
98,809 142,957

Williams Restoration Limited (Registered number: 09700764)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.23 31.7.22
value: £    £   
100 Ordinary shares 1 100 100

10. RESERVES
Retained
earnings
£   

At 1 August 2022 38,553
Profit for the year 22,773
Dividends (9,000 )
At 31 July 2023 52,326

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 July 2023 and 31 July 2022:

31.7.23 31.7.22
£    £   
C Williams
Balance outstanding at start of year (23,156 ) 53
Amounts advanced (31,257 ) (38,183 )
Amounts repaid - 14,974
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (54,413 ) (23,156 )

C Pritchard
Balance outstanding at start of year (548 ) 3,577
Amounts advanced (625 ) (4,125 )
Amounts repaid 6,000 -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 4,827 (548 )