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REGISTERED NUMBER: 04176960 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

W J GREEN LTD

W J GREEN LTD (REGISTERED NUMBER: 04176960)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


W J GREEN LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTORS: R A Spong
Mrs W J Spong
Mrs C R Dyer
N R Spong





SECRETARY: Mrs W J Spong





REGISTERED OFFICE: Lady Lane Industrial Estate
Hadleigh
Ipswich
Suffolk
IP7 6BQ





REGISTERED NUMBER: 04176960 (England and Wales)





ACCOUNTANTS: Walter Wright
Chartered Accountants
89 High Street
Hadleigh
Ipswich
Suffolk
IP7 5EA

W J GREEN LTD (REGISTERED NUMBER: 04176960)

BALANCE SHEET
31 OCTOBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 3,000
Tangible assets 5 200,182 202,816
200,182 205,816

CURRENT ASSETS
Stocks 309,527 322,829
Debtors 6 92,852 90,760
Cash at bank 470,371 496,428
872,750 910,017
CREDITORS
Amounts falling due within one year 7 251,405 254,122
NET CURRENT ASSETS 621,345 655,895
TOTAL ASSETS LESS CURRENT
LIABILITIES

821,527

861,711

CREDITORS
Amounts falling due after more than one
year

8

(31,902

)

(38,369

)

PROVISIONS FOR LIABILITIES (7,600 ) (8,259 )
NET ASSETS 782,025 815,083

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 781,925 814,983
SHAREHOLDERS' FUNDS 782,025 815,083

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

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

W J GREEN LTD (REGISTERED NUMBER: 04176960)

BALANCE SHEET - continued
31 OCTOBER 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 25 July 2024 and were signed on its behalf by:





R A Spong - Director


W J GREEN LTD (REGISTERED NUMBER: 04176960)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023


1. STATUTORY INFORMATION

W J Green Ltd 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. 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 the sales of goods and services, is recognised on dispatch of the goods or provision of the service and excludes value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 etc - 25% 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 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.


W J GREEN LTD (REGISTERED NUMBER: 04176960)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 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 12 (2022 - 12 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 November 2022
and 31 October 2023 60,000
AMORTISATION
At 1 November 2022 57,000
Charge for year 3,000
At 31 October 2023 60,000
NET BOOK VALUE
At 31 October 2023 -
At 31 October 2022 3,000

W J GREEN LTD (REGISTERED NUMBER: 04176960)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023


5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 November 2022 169,781 127,244 297,025
Additions - 1,737 1,737
At 31 October 2023 169,781 128,981 298,762
DEPRECIATION
At 1 November 2022 - 94,209 94,209
Charge for year - 4,371 4,371
At 31 October 2023 - 98,580 98,580
NET BOOK VALUE
At 31 October 2023 169,781 30,401 200,182
At 31 October 2022 169,781 33,035 202,816

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 78,885 80,362
Other debtors 13,967 10,398
92,852 90,760

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 8,750 8,750
Trade creditors 170,710 153,853
Taxation and social security 46,794 76,144
Other creditors 25,151 15,375
251,405 254,122

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 31,902 38,369

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more than 5 years
by instalments - 1,619
- 1,619

W J GREEN LTD (REGISTERED NUMBER: 04176960)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023


9. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 40,652 47,119