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REGISTERED NUMBER: 04763326 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 March 2024

for

R H Williams Limited

R H Williams Limited (Registered number: 04763326)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


R H Williams Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: R Williams





SECRETARY: Mrs E Williams





REGISTERED OFFICE: 19 Sandringham Way
Brierley Hill
West Midlands
DY5 3JR





REGISTERED NUMBER: 04763326 (England and Wales)





ACCOUNTANTS: Dalton Pardoe Limited
Chartered Accountants
794 High Street
Kingswinford
West Midlands
DY6 8BQ

R H Williams Limited (Registered number: 04763326)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 34,022 24,523

CURRENT ASSETS
Debtors 5 19,970 68,369
Cash at bank 40,588 14,811
60,558 83,180
CREDITORS
Amounts falling due within one year 6 25,030 52,431
NET CURRENT ASSETS 35,528 30,749
TOTAL ASSETS LESS CURRENT
LIABILITIES

69,550

55,272

CREDITORS
Amounts falling due after more than one year 7 (25,562 ) (17,405 )

PROVISIONS FOR LIABILITIES (5,852 ) (4,047 )
NET ASSETS 38,136 33,820

CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Retained earnings 9 37,136 32,820
SHAREHOLDERS' FUNDS 38,136 33,820

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

R H Williams Limited (Registered number: 04763326)

Balance Sheet - continued
31 March 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 director and authorised for issue on 22 August 2024 and were signed by:





R Williams - Director


R H Williams Limited (Registered number: 04763326)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

R H Williams 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - in accordance with the property
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 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.

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 2 (2023 - 2 ) .

R H Williams Limited (Registered number: 04763326)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 April 2023 5,000 363 5,027
Additions - - -
Disposals - - -
At 31 March 2024 5,000 363 5,027
DEPRECIATION
At 1 April 2023 1,776 199 4,661
Charge for year 200 41 91
Eliminated on disposal - - -
At 31 March 2024 1,976 240 4,752
NET BOOK VALUE
At 31 March 2024 3,024 123 275
At 31 March 2023 3,224 164 366

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2023 32,523 13,331 56,244
Additions 38,325 - 38,325
Disposals (32,523 ) - (32,523 )
At 31 March 2024 38,325 13,331 62,046
DEPRECIATION
At 1 April 2023 14,229 10,856 31,721
Charge for year 9,581 619 10,532
Eliminated on disposal (14,229 ) - (14,229 )
At 31 March 2024 9,581 11,475 28,024
NET BOOK VALUE
At 31 March 2024 28,744 1,856 34,022
At 31 March 2023 18,294 2,475 24,523

R H Williams Limited (Registered number: 04763326)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 19,970 68,108
Other debtors - 261
19,970 68,369

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Hire purchase contracts 7,065 5,176
Trade creditors 21 18,663
Tax 9,216 14,382
VAT 7,828 13,446
Directors' current accounts 225 169
Accrued expenses 675 595
25,030 52,431

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Hire purchase contracts 25,562 17,405

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
1,000 Ordinary £1 1,000 1,000

9. RESERVES
Retained
earnings
£   

At 1 April 2023 32,820
Profit for the year 46,816
Dividends (42,500 )
At 31 March 2024 37,136

10. RELATED PARTY DISCLOSURES

The company paid dividends of £34,000 to Mr R Williams in the year under review.

R H Williams Limited (Registered number: 04763326)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

11. ULTIMATE CONTROLLING PARTY

The controlling party is R Williams.