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REGISTERED NUMBER: 04823747 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31st July 2024

for

W & W Transport Limited

W & W Transport Limited (Registered number: 04823747)






Contents of the Financial Statements
for the year ended 31st July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


W & W Transport Limited

Company Information
for the year ended 31st July 2024







DIRECTORS: Mr A S Williams
Mrs C Williams
Mr C Williams





SECRETARY: Mr A S Williams





REGISTERED OFFICE: Black Bull House
353-355 Station Road
Bamber Bridge
Preston
Lancashire
PR5 6EE





REGISTERED NUMBER: 04823747 (England and Wales)





ACCOUNTANTS: Robin Oatridge & Co Limited
Chartered Certified Accountants
Black Bull House
353-355 Station Road
Bamber Bridge
Preston
Lancashire
PR5 6EE

W & W Transport Limited (Registered number: 04823747)

Balance Sheet
31st July 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 34,881 53,241
34,881 53,241

CURRENT ASSETS
Debtors 6 666 1,614
Cash at bank 4,772 19,821
5,438 21,435
CREDITORS
Amounts falling due within one year 7 3,980 12,968
NET CURRENT ASSETS 1,458 8,467
TOTAL ASSETS LESS CURRENT
LIABILITIES

36,339

61,708

PROVISIONS FOR LIABILITIES 6,628 10,116
NET ASSETS 29,711 51,592

CAPITAL AND RESERVES
Called up share capital 300 300
Retained earnings 29,411 51,292
SHAREHOLDERS' FUNDS 29,711 51,592

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 2024 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 & W Transport Limited (Registered number: 04823747)

Balance Sheet - continued
31st July 2024


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 14th August 2024 and were signed on its behalf by:





Mr A S Williams - Director


W & W Transport Limited (Registered number: 04823747)

Notes to the Financial Statements
for the year ended 31st July 2024

1. STATUTORY INFORMATION

W & W Transport 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. 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2007, was amortised evenly over its estimated useful of life of twenty five years from from 2014. This rate had been increased in 2019 so as to amortise the balance of the goodwill over the following five 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 - 33% on cost
Motor vehicles - 25% 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.

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

W & W Transport Limited (Registered number: 04823747)

Notes to the Financial Statements - continued
for the year ended 31st July 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st August 2023
and 31st July 2024 25,000
AMORTISATION
At 1st August 2023
and 31st July 2024 25,000
NET BOOK VALUE
At 31st July 2024 -
At 31st July 2023 -

5. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1st August 2023
and 31st July 2024 21,552 76,593 98,145
DEPRECIATION
At 1st August 2023 14,399 30,505 44,904
Charge for year 6,836 11,524 18,360
At 31st July 2024 21,235 42,029 63,264
NET BOOK VALUE
At 31st July 2024 317 34,564 34,881
At 31st July 2023 7,153 46,088 53,241

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 666 1,614

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 582 1,604
Other creditors 3,398 11,364
3,980 12,968

8. ULTIMATE CONTROLLING PARTY

The controlling party is Mr A S Williams.