IRIS Accounts Production v24.2.0.383 07058873 Board of Directors 1.12.22 30.11.23 30.11.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh070588732022-11-30070588732023-11-30070588732022-12-012023-11-30070588732021-11-30070588732021-12-012022-11-30070588732022-11-3007058873ns15:EnglandWales2022-12-012023-11-3007058873ns14:PoundSterling2022-12-012023-11-3007058873ns10:Director12022-12-012023-11-3007058873ns10:PrivateLimitedCompanyLtd2022-12-012023-11-3007058873ns10:SmallEntities2022-12-012023-11-3007058873ns10:AuditExemptWithAccountantsReport2022-12-012023-11-3007058873ns10:SmallCompaniesRegimeForDirectorsReport2022-12-012023-11-3007058873ns10:SmallCompaniesRegimeForAccounts2022-12-012023-11-3007058873ns10:FullAccounts2022-12-012023-11-3007058873ns10:Director22022-12-012023-11-3007058873ns10:RegisteredOffice2022-12-012023-11-3007058873ns5:CurrentFinancialInstruments2023-11-3007058873ns5:CurrentFinancialInstruments2022-11-3007058873ns5:ShareCapital2023-11-3007058873ns5:ShareCapital2022-11-3007058873ns5:RetainedEarningsAccumulatedLosses2023-11-3007058873ns5:RetainedEarningsAccumulatedLosses2022-11-3007058873ns5:PlantMachinery2022-12-012023-11-3007058873ns5:PlantMachinery2022-11-3007058873ns5:PlantMachinery2023-11-3007058873ns5:PlantMachinery2022-11-3007058873ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-11-3007058873ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-11-30
REGISTERED NUMBER: 07058873 (England and Wales)














Unaudited Financial Statements

For The Year Ended 30th November 2023

for

A T Wearne & Sons (Building Contractors)
Limited

A T Wearne & Sons (Building Contractors)
Limited (Registered number: 07058873)






Contents of the Financial Statements
For The Year Ended 30th November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 6

A T Wearne & Sons (Building Contractors)
Limited

Company Information
For The Year Ended 30th November 2023







DIRECTORS: A T Wearne
Mrs W M Wearne



REGISTERED OFFICE: Lower Pentreath Farm
Praa Sands
Penzance
Cornwall
TR20 9TL



REGISTERED NUMBER: 07058873 (England and Wales)



ACCOUNTANTS: Wildin (Accountants & Auditors) Ltd
Kings Buildings
Lydney
Gloucestershire
GL15 5HE



BANKERS: Lloyds TSB
PO Box 8
Market House
Penzance
Cornwall
TR18 2TN

A T Wearne & Sons (Building Contractors)
Limited (Registered number: 07058873)

Balance Sheet
30th November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 81,365 100,592

CURRENT ASSETS
Debtors 6 6,085 3,545
Cash at bank 111,145 121,558
117,230 125,103
CREDITORS
Amounts falling due within one year 7 80,539 113,674
NET CURRENT ASSETS 36,691 11,429
TOTAL ASSETS LESS CURRENT
LIABILITIES

118,056

112,021

PROVISIONS FOR LIABILITIES 15,459 15,529
NET ASSETS 102,597 96,492

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 102,497 96,392
SHAREHOLDERS' FUNDS 102,597 96,492

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

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

A T Wearne & Sons (Building Contractors)
Limited (Registered number: 07058873)

Balance Sheet - continued
30th 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 and authorised for issue by the Board of Directors and authorised for issue on 24th June 2024 and were signed on its behalf by:





A T Wearne - Director


A T Wearne & Sons (Building Contractors)
Limited (Registered number: 07058873)

Notes to the Financial Statements
For The Year Ended 30th November 2023

1. STATUTORY INFORMATION

A T Wearne & Sons (Building Contractors) 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.

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.
Plant and machinery etc - 25% on reducing balance and 20% on reducing balance

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.

4. EMPLOYEES AND DIRECTORS

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

A T Wearne & Sons (Building Contractors)
Limited (Registered number: 07058873)

Notes to the Financial Statements - continued
For The Year Ended 30th November 2023

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st December 2022 226,831
Additions 2,700
At 30th November 2023 229,531
DEPRECIATION
At 1st December 2022 126,239
Charge for year 21,927
At 30th November 2023 148,166
NET BOOK VALUE
At 30th November 2023 81,365
At 30th November 2022 100,592

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors 2,254 2,066
Other debtors 3,831 1,479
6,085 3,545

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade creditors 1,488 1,197
Taxation and social security 1,502 2,820
Other creditors 77,549 109,657
80,539 113,674

Chartered Certified Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
A T Wearne & Sons (Building Contractors)
Limited

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 A T Wearne & Sons (Building Contractors) Limited for the year ended 30th 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of A T Wearne & Sons (Building Contractors) Limited, 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 A T Wearne & Sons (Building Contractors) Limited and state those matters that we have agreed to state to the Board of Directors of A T Wearne & Sons (Building Contractors) Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that A T Wearne & Sons (Building Contractors) Limited 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 A T Wearne & Sons (Building Contractors) Limited. You consider that A T Wearne & Sons (Building Contractors) Limited 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 A T Wearne & Sons (Building Contractors) Limited. 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.






Wildin (Accountants & Auditors) Ltd
Kings Buildings
Lydney
Gloucestershire
GL15 5HE


24th June 2024