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REGISTERED NUMBER: 08981905 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Winters & Cleaver Brickwork Limited

Winters & Cleaver Brickwork Limited (Registered number: 08981905)

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










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Winters & Cleaver Brickwork Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: S D Cleaver
L J Winters



REGISTERED OFFICE: Haywicks Farm Haywicks Lane
Hardwicke
Gloucester
GL2 3QE



REGISTERED NUMBER: 08981905 (England and Wales)



ACCOUNTANTS: HATS Gloucester Ltd
48 Hucclecote Road
Gloucester
Gloucestershire
GL3 3RS



BANKERS: Lloyds Bank
19 Eastgate Street
Gloucester
Gloucestershire
GL1 1NU

Winters & Cleaver Brickwork Limited (Registered number: 08981905)

Statement of Financial Position
31 March 2024

31/3/24 31/3/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 48,923 41,532
Investment property 5 180,000 180,000
228,923 221,532

CURRENT ASSETS
Debtors 6 38,935 28,606
Cash at bank 133,673 112,808
172,608 141,414
CREDITORS
Amounts falling due within one year 7 121,785 83,043
NET CURRENT ASSETS 50,823 58,371
TOTAL ASSETS LESS CURRENT
LIABILITIES

279,746

279,903

CREDITORS
Amounts falling due after more than one
year

8

(57,635

)

(64,155

)

PROVISIONS FOR LIABILITIES (18,794 ) (12,879 )
NET ASSETS 203,317 202,869

CAPITAL AND RESERVES
Called up share capital 6 6
Fair value reserve 10 19,689 21,264
Retained earnings 183,622 181,599
SHAREHOLDERS' FUNDS 203,317 202,869

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 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.

Winters & Cleaver Brickwork Limited (Registered number: 08981905)

Statement of Financial Position - 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 Board of Directors and authorised for issue on 20 August 2024 and were signed on its behalf by:




L J Winters - Director



S D Cleaver - Director


Winters & Cleaver Brickwork Limited (Registered number: 08981905)

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


1. STATUTORY INFORMATION

Winters & Cleaver Brickwork 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.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the income statement.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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.

Winters & Cleaver Brickwork Limited (Registered number: 08981905)

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


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
Cost
At 1 April 2023 167 926 54,958 745 56,796
Additions 697 - 23,000 - 23,697
At 31 March 2024 864 926 77,958 745 80,493
Depreciation
At 1 April 2023 42 737 13,740 745 15,264
Charge for year 205 47 16,054 - 16,306
At 31 March 2024 247 784 29,794 745 31,570
Net book value
At 31 March 2024 617 142 48,164 - 48,923
At 31 March 2023 125 189 41,218 - 41,532

5. INVESTMENT PROPERTY
Total
£   
Fair value
At 1 April 2023
and 31 March 2024 180,000
Net book value
At 31 March 2024 180,000
At 31 March 2023 180,000

Although a formal revaluation has not taken place during the year, the directors have reviewed the local property market and the sales of similar properties. Further to their review, the directors have deemed that the fair value of the investment property has not increased during the year.

If investment properties had not been revalued they would have been included at the historical cost of £153,748 (2023 - £153,748).

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Trade debtors 20,000 20,000
Other debtors 18,935 8,606
38,935 28,606

Winters & Cleaver Brickwork Limited (Registered number: 08981905)

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


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Bank loans and overdrafts 6,521 6,223
Trade creditors 172 -
Taxation and social security 98,880 70,102
Other creditors 16,212 6,718
121,785 83,043

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/3/24 31/3/23
£    £   
Bank loans 57,635 64,155

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 28,270 36,141

9. SECURED DEBTS

The following secured debts are included within creditors:

31/3/24 31/3/23
£    £   
Bank loans 64,156 70,378

The bank loan is secured by fixed and floating charges over the company's investment property.

10. RESERVES
Fair
value
reserve
£   
At 1 April 2023 21,264
Fair value gains (1,575 )

At 31 March 2024 19,689

Winters & Cleaver Brickwork Limited (Registered number: 08981905)

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


11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

31/3/24 31/3/23
£    £   
S D Cleaver
Balance outstanding at start of year - -
Amounts advanced 10,623 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 10,623 -

The above unsecured loan to the directors, included within other debtors is repaid within 9 months of the year end.

12. RELATED PARTY DISCLOSURES

L J Winters
Director

At 31 March 2024, the company owed the director £8,585 (2023 - £885). This unsecured loan is interest free and has no fixed repayment terms.