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REGISTERED NUMBER: 08328217 (England and Wales)









FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

B.W. WHIFFIN & CO LTD

B.W. WHIFFIN & CO LTD (REGISTERED NUMBER: 08328217)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


B.W. WHIFFIN & CO LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: Mr R J L Hart
Mr S M Hawes





REGISTERED OFFICE: 11 Church Road
Wickham St Paul
Halstead
Essex
CO9 2PL





REGISTERED NUMBER: 08328217 (England and Wales)





ACCOUNTANTS: B W Whiffin & Co Ltd
PO Box 13010
Halstead
Essex
CO9 9BP

B.W. WHIFFIN & CO LTD (REGISTERED NUMBER: 08328217)

BALANCE SHEET
31 DECEMBER 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 2,532 4,297
2,532 4,297

CURRENT ASSETS
Stocks 47,256 32,486
Debtors 6 65,834 74,807
Cash at bank and in hand 210,454 156,676
323,544 263,969
CREDITORS
Amounts falling due within one year 7 107,680 75,556
NET CURRENT ASSETS 215,864 188,413
TOTAL ASSETS LESS CURRENT
LIABILITIES

218,396

192,710

CAPITAL AND RESERVES
Called up share capital 143 143
Retained earnings 218,253 192,567
SHAREHOLDERS' FUNDS 218,396 192,710

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

B.W. WHIFFIN & CO LTD (REGISTERED NUMBER: 08328217)

BALANCE SHEET - continued
31 DECEMBER 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 by the Board of Directors and authorised for issue on 29 August 2024 and were signed on its behalf by:




Mr R J L Hart - Director



Mr S M Hawes - Director


B.W. WHIFFIN & CO LTD (REGISTERED NUMBER: 08328217)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

B.W. Whiffin & Co Ltd 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 2013, is being amortised evenly over its estimated useful life of ten 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 etc - at varying rates on cost

Work in progress
Work in progress represents the recoverable value of services in the course of completion.

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 5 (2022 - 5 ) .

B.W. WHIFFIN & CO LTD (REGISTERED NUMBER: 08328217)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2023 366,000
Disposals (366,000 )
At 31 December 2023 -
AMORTISATION
At 1 January 2023 366,000
Eliminated on disposal (366,000 )
At 31 December 2023 -
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 10,995
Additions 681
Disposals (559 )
At 31 December 2023 11,117
DEPRECIATION
At 1 January 2023 6,698
Charge for year 2,446
Eliminated on disposal (559 )
At 31 December 2023 8,585
NET BOOK VALUE
At 31 December 2023 2,532
At 31 December 2022 4,297

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 48,271 57,797
Other debtors 17,563 17,010
65,834 74,807

B.W. WHIFFIN & CO LTD (REGISTERED NUMBER: 08328217)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 14,060 15,383
Taxation and social security 82,205 43,227
Other creditors 11,415 16,946
107,680 75,556