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REGISTERED NUMBER: 13026573 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

WILLIAM AND JAMES DEVELOPMENTS LTD

WILLIAM AND JAMES DEVELOPMENTS LTD (REGISTERED NUMBER: 13026573)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


WILLIAM AND JAMES DEVELOPMENTS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTORS: Mr S J Day
Mr J Moody





REGISTERED OFFICE: 34
Lower Richmond Road
Putney
London
SW15 1JP





REGISTERED NUMBER: 13026573 (England and Wales)





ACCOUNTANTS: TaxAgility Limited
34 Lower Richmond Road
Putney
London
SW15 1JP

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
WILLIAM AND JAMES DEVELOPMENTS LTD

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of William and James Developments Ltd for the year ended 30 November 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of William and James Developments Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of William and James Developments Ltd and state those matters that we have agreed to state to the Board of Directors of William and James Developments Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than William and James Developments Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that William and James Developments Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of William and James Developments Ltd. You consider that William and James Developments Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of William and James Developments Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






TaxAgility Limited
34 Lower Richmond Road
Putney
London
SW15 1JP


23 July 2024

WILLIAM AND JAMES DEVELOPMENTS LTD (REGISTERED NUMBER: 13026573)

BALANCE SHEET
30 NOVEMBER 2023

30.11.23 30.11.22
Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 2,170,000 2,170,000

CURRENT ASSETS
Cash at bank 41,525 48,810

CREDITORS: AMOUNTS FALLING DUE
WITHIN ONE YEAR

5

(509,794

)

(521,895

)
NET CURRENT LIABILITIES (468,269 ) (473,085 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,701,731

1,696,915

CREDITORS: AMOUNTS FALLING DUE
AFTER MORE THAN ONE YEAR

6

(1,118,382

)

(1,118,382

)
NET ASSETS 583,349 578,533

CAPITAL AND RESERVES
Called up share capital 1 1
Share premium 526,430 526,430
Retained earnings 56,918 52,102
583,349 578,533

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

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

WILLIAM AND JAMES DEVELOPMENTS LTD (REGISTERED NUMBER: 13026573)

BALANCE SHEET - continued
30 NOVEMBER 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 July 2024 and were signed on its behalf by:





Mr S J Day - Director


WILLIAM AND JAMES DEVELOPMENTS LTD (REGISTERED NUMBER: 13026573)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1. STATUTORY INFORMATION

William and James Developments 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.

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
Revenue 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.

3. EMPLOYEES AND DIRECTORS

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

4. PROPERTY, PLANT AND EQUIPMENT
Freehold
property
£   
COST
At 1 December 2022
and 30 November 2023 2,170,000
NET BOOK VALUE
At 30 November 2023 2,170,000
At 30 November 2022 2,170,000

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Taxation and social security 1,130 12,221
Other creditors 508,664 509,674
509,794 521,895

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.23 30.11.22
£    £   
Bank loans 1,118,382 1,118,382

WILLIAM AND JAMES DEVELOPMENTS LTD (REGISTERED NUMBER: 13026573)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 November 2023 and 30 November 2022:

30.11.23 30.11.22
£    £   
Mr S J Day
Balance outstanding at start of year (257,173 ) (259,673 )
Amounts advanced - 2,500
Amounts repaid (547 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (257,720 ) (257,173 )

Mr J Moody
Balance outstanding at start of year (251,733 ) (259,673 )
Amounts advanced 1,256 7,940
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (250,477 ) (251,733 )

It is confirmed that the director’s current account is debited with personal transactions and credited with director’s remuneration as well as dividends

The loan is unsecured, interest free and no repayment terms have been agreed.

8. ULTIMATE CONTROLLING PARTY

The company is controlled by the director's Mr J Moody and Mr S J Day jointly each holding 50% of the share capital.