2023-01-012023-12-312023-12-31false04112405G. Williams and Sons Monumental Masons Limited2024-08-22iso4217:GBPxbrli:pure041124052023-01-01041124052023-12-31041124052023-01-012023-12-31041124052022-01-01041124052022-12-31041124052022-01-012022-12-3104112405bus:SmallEntities2023-01-012023-12-3104112405bus:AuditExempt-NoAccountantsReport2023-01-012023-12-3104112405bus:FullAccounts2023-01-012023-12-3104112405bus:PrivateLimitedCompanyLtd2023-01-012023-12-3104112405core:WithinOneYear2023-12-3104112405core:AfterOneYear2023-12-3104112405core:WithinOneYear2022-12-3104112405core:AfterOneYear2022-12-3104112405core:ShareCapital2023-12-3104112405core:SharePremium2023-12-3104112405core:RevaluationReserve2023-12-3104112405core:OtherReservesSubtotal2023-12-3104112405core:RetainedEarningsAccumulatedLosses2023-12-3104112405core:ShareCapital2022-12-3104112405core:SharePremium2022-12-3104112405core:RevaluationReserve2022-12-3104112405core:OtherReservesSubtotal2022-12-3104112405core:RetainedEarningsAccumulatedLosses2022-12-3104112405core:LandBuildings2023-12-3104112405core:PlantMachinery2023-12-3104112405core:Vehicles2023-12-3104112405core:FurnitureFittings2023-12-3104112405core:OfficeEquipment2023-12-3104112405core:NetGoodwill2023-12-3104112405core:IntangibleAssetsOtherThanGoodwill2023-12-3104112405core:ListedExchangeTraded2023-12-3104112405core:UnlistedNon-exchangeTraded2023-12-3104112405core:LandBuildings2022-12-3104112405core:PlantMachinery2022-12-3104112405core:Vehicles2022-12-3104112405core:FurnitureFittings2022-12-3104112405core:OfficeEquipment2022-12-3104112405core:NetGoodwill2022-12-3104112405core:IntangibleAssetsOtherThanGoodwill2022-12-3104112405core:ListedExchangeTraded2022-12-3104112405core:UnlistedNon-exchangeTraded2022-12-3104112405core:LandBuildings2023-01-012023-12-3104112405core:PlantMachinery2023-01-012023-12-3104112405core:Vehicles2023-01-012023-12-3104112405core:FurnitureFittings2023-01-012023-12-3104112405core:OfficeEquipment2023-01-012023-12-3104112405core:NetGoodwill2023-01-012023-12-3104112405core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3104112405core:ListedExchangeTraded2023-01-012023-12-3104112405core:UnlistedNon-exchangeTraded2023-01-012023-12-3104112405core:MoreThanFiveYears2023-01-012023-12-3104112405core:Non-currentFinancialInstruments2023-12-3104112405core:Non-currentFinancialInstruments2022-12-3104112405dpl:CostSales2023-01-012023-12-3104112405dpl:DistributionCosts2023-01-012023-12-3104112405core:LandBuildings2023-01-012023-12-3104112405core:PlantMachinery2023-01-012023-12-3104112405core:Vehicles2023-01-012023-12-3104112405core:FurnitureFittings2023-01-012023-12-3104112405core:OfficeEquipment2023-01-012023-12-3104112405dpl:AdministrativeExpenses2023-01-012023-12-3104112405core:NetGoodwill2023-01-012023-12-3104112405core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3104112405dpl:GroupUndertakings2023-01-012023-12-3104112405dpl:ParticipatingInterests2023-01-012023-12-3104112405dpl:GroupUndertakingscore:ListedExchangeTraded2023-01-012023-12-3104112405core:ListedExchangeTraded2023-01-012023-12-3104112405dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-01-012023-12-3104112405core:UnlistedNon-exchangeTraded2023-01-012023-12-3104112405dpl:CostSales2022-01-012022-12-3104112405dpl:DistributionCosts2022-01-012022-12-3104112405core:LandBuildings2022-01-012022-12-3104112405core:PlantMachinery2022-01-012022-12-3104112405core:Vehicles2022-01-012022-12-3104112405core:FurnitureFittings2022-01-012022-12-3104112405core:OfficeEquipment2022-01-012022-12-3104112405dpl:AdministrativeExpenses2022-01-012022-12-3104112405core:NetGoodwill2022-01-012022-12-3104112405core:IntangibleAssetsOtherThanGoodwill2022-01-012022-12-3104112405dpl:GroupUndertakings2022-01-012022-12-3104112405dpl:ParticipatingInterests2022-01-012022-12-3104112405dpl:GroupUndertakingscore:ListedExchangeTraded2022-01-012022-12-3104112405core:ListedExchangeTraded2022-01-012022-12-3104112405dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-01-012022-12-3104112405core:UnlistedNon-exchangeTraded2022-01-012022-12-3104112405core:NetGoodwill2023-12-3104112405core:IntangibleAssetsOtherThanGoodwill2023-12-3104112405core:LandBuildings2023-12-3104112405core:PlantMachinery2023-12-3104112405core:Vehicles2023-12-3104112405core:FurnitureFittings2023-12-3104112405core:OfficeEquipment2023-12-3104112405core:AfterOneYear2023-12-3104112405core:WithinOneYear2023-12-3104112405core:ListedExchangeTraded2023-12-3104112405core:UnlistedNon-exchangeTraded2023-12-3104112405core:ShareCapital2023-12-3104112405core:SharePremium2023-12-3104112405core:RevaluationReserve2023-12-3104112405core:OtherReservesSubtotal2023-12-3104112405core:RetainedEarningsAccumulatedLosses2023-12-3104112405core:NetGoodwill2022-12-3104112405core:IntangibleAssetsOtherThanGoodwill2022-12-3104112405core:LandBuildings2022-12-3104112405core:PlantMachinery2022-12-3104112405core:Vehicles2022-12-3104112405core:FurnitureFittings2022-12-3104112405core:OfficeEquipment2022-12-3104112405core:AfterOneYear2022-12-3104112405core:WithinOneYear2022-12-3104112405core:ListedExchangeTraded2022-12-3104112405core:UnlistedNon-exchangeTraded2022-12-3104112405core:ShareCapital2022-12-3104112405core:SharePremium2022-12-3104112405core:RevaluationReserve2022-12-3104112405core:OtherReservesSubtotal2022-12-3104112405core:RetainedEarningsAccumulatedLosses2022-12-3104112405core:NetGoodwill2022-01-0104112405core:IntangibleAssetsOtherThanGoodwill2022-01-0104112405core:LandBuildings2022-01-0104112405core:PlantMachinery2022-01-0104112405core:Vehicles2022-01-0104112405core:FurnitureFittings2022-01-0104112405core:OfficeEquipment2022-01-0104112405core:AfterOneYear2022-01-0104112405core:WithinOneYear2022-01-0104112405core:ListedExchangeTraded2022-01-0104112405core:UnlistedNon-exchangeTraded2022-01-0104112405core:ShareCapital2022-01-0104112405core:SharePremium2022-01-0104112405core:RevaluationReserve2022-01-0104112405core:OtherReservesSubtotal2022-01-0104112405core:RetainedEarningsAccumulatedLosses2022-01-0104112405core:AfterOneYear2023-01-012023-12-3104112405core:WithinOneYear2023-01-012023-12-3104112405core:Non-currentFinancialInstrumentscore:CostValuation2023-01-012023-12-3104112405core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-01-012023-12-3104112405core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-01-012023-12-3104112405core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-01-012023-12-3104112405core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-01-012023-12-3104112405core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-01-012023-12-3104112405core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-01-012023-12-3104112405core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-01-012023-12-3104112405core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-01-012023-12-3104112405core:Non-currentFinancialInstrumentscore:CostValuation2023-12-3104112405core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-12-3104112405core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-12-3104112405core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-12-3104112405core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-12-3104112405core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-12-3104112405core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-12-3104112405core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-12-3104112405core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-12-3104112405core:Non-currentFinancialInstrumentscore:CostValuation2022-12-3104112405core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-12-3104112405core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-12-3104112405core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-12-3104112405core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-12-3104112405core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-12-3104112405core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-12-3104112405core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-12-3104112405core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-12-3104112405bus:Director12023-01-012023-12-3104112405bus:Director22023-01-012023-12-3104112405bus:Director32023-01-012023-12-31

G. Williams and Sons Monumental Masons Limited

Registered Number
04112405
(England and Wales)

Unaudited Financial Statements for the Year ended
31 December 2023

G. Williams and Sons Monumental Masons Limited
Company Information
for the year from 1 January 2023 to 31 December 2023

Directors

Mr G O J Williams
Miss M K Williams
Mrs N M Williams

Company Secretary

Mr G O J Williams

Registered Address

Pentre Yard
St. Clears
Carmarthen
SA33 4AA

Registered Number

04112405 (England and Wales)
G. Williams and Sons Monumental Masons Limited
Balance Sheet as at
31 December 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets486,20790,064
86,20790,064
Current assets
Stocks5111,570103,850
Debtors672,84748,157
Cash at bank and on hand123,279142,805
307,696294,812
Creditors amounts falling due within one year7(413,809)(407,315)
Net current assets (liabilities)(106,113)(112,503)
Total assets less current liabilities(19,906)(22,439)
Creditors amounts falling due after one year8(15,000)(25,000)
Provisions for liabilities9(330)-
Net assets(35,236)(47,439)
Capital and reserves
Called up share capital100100
Profit and loss account(35,336)(47,539)
Shareholders' funds(35,236)(47,439)
The financial statements were approved and authorised for issue by the Board of Directors on 22 August 2024, and are signed on its behalf by:
Mr G O J Williams
Director
Registered Company No. 04112405
G. Williams and Sons Monumental Masons Limited
Notes to the Financial Statements
for the year ended 31 December 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Intangible assets
Goodwill arising in connection with the acquisition of a business in 2007 is capitalised and amortised over its estimated economic life of 10 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Plant and machinery15
Vehicles15
Finance leases and hire purchase contracts
Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.
Stocks and work in progress
Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
2.Average number of employees

20232022
Average number of employees during the year1210
3.Intangible assets

Goodwill

Total

££
Cost or valuation
At 01 January 23103,000103,000
At 31 December 23103,000103,000
Amortisation and impairment
At 01 January 23103,000103,000
At 31 December 23103,000103,000
Net book value
At 31 December 23--
At 31 December 22--
4.Tangible fixed assets

Land & buildings

Plant & machinery

Vehicles

Total

££££
Cost or valuation
At 01 January 2329,476139,16633,095201,737
Additions-2,9192,9425,861
At 31 December 2329,476142,08536,037207,598
Depreciation and impairment
At 01 January 23-97,87513,798111,673
Charge for year-6,3833,3359,718
At 31 December 23-104,25817,133121,391
Net book value
At 31 December 2329,47637,82718,90486,207
At 31 December 2229,47641,29119,29790,064
5.Stocks

2023

2022

££
Raw materials and consumables111,570103,850
Total111,570103,850
6.Debtors: amounts due within one year

2023

2022

££
Trade debtors / trade receivables62,29139,455
Prepayments and accrued income10,5568,702
Total72,84748,157
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debt. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
7.Creditors: amounts due within one year

2023

2022

££
Trade creditors / trade payables35,93736,519
Bank borrowings and overdrafts10,00010,000
Taxation and social security43,49017,463
Payments received on account97,701117,259
Other creditors221,502221,474
Accrued liabilities and deferred income5,1794,600
Total413,809407,315
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
8.Creditors: amounts due after one year

2023

2022

££
Bank borrowings and overdrafts15,00025,000
Total15,00025,000
9.Provisions for liabilities

2023

2022

££
Net deferred tax liability (asset)330-
Total330-
10.Related party transactions
The directors have lent money to the company. The amount outstanding at the year end was £217,346 (2022 - £217,722).