2023-08-012024-07-312024-07-31false09753073J WILLEY & CO LIMITED2024-09-2665120iso4217:GBPxbrli:pure097530732023-08-01097530732024-07-31097530732023-08-012024-07-31097530732022-08-01097530732023-07-31097530732022-08-012023-07-3109753073bus:SmallEntities2023-08-012024-07-3109753073bus:AuditExempt-NoAccountantsReport2023-08-012024-07-3109753073bus:AbridgedAccounts2023-08-012024-07-3109753073bus:PrivateLimitedCompanyLtd2023-08-012024-07-3109753073core:WithinOneYear2024-07-3109753073core:AfterOneYear2024-07-3109753073core:WithinOneYear2023-07-3109753073core:AfterOneYear2023-07-3109753073core:ShareCapital2024-07-3109753073core:SharePremium2024-07-3109753073core:RevaluationReserve2024-07-3109753073core:OtherReservesSubtotal2024-07-3109753073core:RetainedEarningsAccumulatedLosses2024-07-3109753073core:ShareCapital2023-07-3109753073core:SharePremium2023-07-3109753073core:RevaluationReserve2023-07-3109753073core:OtherReservesSubtotal2023-07-3109753073core:RetainedEarningsAccumulatedLosses2023-07-3109753073core:LandBuildings2024-07-3109753073core:PlantMachinery2024-07-3109753073core:Vehicles2024-07-3109753073core:FurnitureFittings2024-07-3109753073core:OfficeEquipment2024-07-3109753073core:NetGoodwill2024-07-3109753073core:IntangibleAssetsOtherThanGoodwill2024-07-3109753073core:ListedExchangeTraded2024-07-3109753073core:UnlistedNon-exchangeTraded2024-07-3109753073core:LandBuildings2023-07-3109753073core:PlantMachinery2023-07-3109753073core:Vehicles2023-07-3109753073core:FurnitureFittings2023-07-3109753073core:OfficeEquipment2023-07-3109753073core:NetGoodwill2023-07-3109753073core:IntangibleAssetsOtherThanGoodwill2023-07-3109753073core:ListedExchangeTraded2023-07-3109753073core:UnlistedNon-exchangeTraded2023-07-3109753073core:LandBuildings2023-08-012024-07-3109753073core:PlantMachinery2023-08-012024-07-3109753073core:Vehicles2023-08-012024-07-3109753073core:FurnitureFittings2023-08-012024-07-3109753073core:OfficeEquipment2023-08-012024-07-3109753073core:NetGoodwill2023-08-012024-07-3109753073core:IntangibleAssetsOtherThanGoodwill2023-08-012024-07-3109753073core:ListedExchangeTraded2023-08-012024-07-3109753073core:UnlistedNon-exchangeTraded2023-08-012024-07-3109753073core:MoreThanFiveYears2023-08-012024-07-3109753073core:Non-currentFinancialInstruments2024-07-3109753073core:Non-currentFinancialInstruments2023-07-3109753073dpl:CostSales2023-08-012024-07-3109753073dpl:DistributionCosts2023-08-012024-07-3109753073core:LandBuildings2023-08-012024-07-3109753073core:PlantMachinery2023-08-012024-07-3109753073core:Vehicles2023-08-012024-07-3109753073core:FurnitureFittings2023-08-012024-07-3109753073core:OfficeEquipment2023-08-012024-07-3109753073dpl:AdministrativeExpenses2023-08-012024-07-3109753073core:NetGoodwill2023-08-012024-07-3109753073core:IntangibleAssetsOtherThanGoodwill2023-08-012024-07-3109753073dpl:GroupUndertakings2023-08-012024-07-3109753073dpl:ParticipatingInterests2023-08-012024-07-3109753073dpl:GroupUndertakingscore:ListedExchangeTraded2023-08-012024-07-3109753073core:ListedExchangeTraded2023-08-012024-07-3109753073dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-08-012024-07-3109753073core:UnlistedNon-exchangeTraded2023-08-012024-07-3109753073dpl:CostSales2022-08-012023-07-3109753073dpl:DistributionCosts2022-08-012023-07-3109753073core:LandBuildings2022-08-012023-07-3109753073core:PlantMachinery2022-08-012023-07-3109753073core:Vehicles2022-08-012023-07-3109753073core:FurnitureFittings2022-08-012023-07-3109753073core:OfficeEquipment2022-08-012023-07-3109753073dpl:AdministrativeExpenses2022-08-012023-07-3109753073core:NetGoodwill2022-08-012023-07-3109753073core:IntangibleAssetsOtherThanGoodwill2022-08-012023-07-3109753073dpl:GroupUndertakings2022-08-012023-07-3109753073dpl:ParticipatingInterests2022-08-012023-07-3109753073dpl:GroupUndertakingscore:ListedExchangeTraded2022-08-012023-07-3109753073core:ListedExchangeTraded2022-08-012023-07-3109753073dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-08-012023-07-3109753073core:UnlistedNon-exchangeTraded2022-08-012023-07-3109753073core:NetGoodwill2024-07-3109753073core:IntangibleAssetsOtherThanGoodwill2024-07-3109753073core:LandBuildings2024-07-3109753073core:PlantMachinery2024-07-3109753073core:Vehicles2024-07-3109753073core:FurnitureFittings2024-07-3109753073core:OfficeEquipment2024-07-3109753073core:AfterOneYear2024-07-3109753073core:WithinOneYear2024-07-3109753073core:ListedExchangeTraded2024-07-3109753073core:UnlistedNon-exchangeTraded2024-07-3109753073core:ShareCapital2024-07-3109753073core:SharePremium2024-07-3109753073core:RevaluationReserve2024-07-3109753073core:OtherReservesSubtotal2024-07-3109753073core:RetainedEarningsAccumulatedLosses2024-07-3109753073core:NetGoodwill2023-07-3109753073core:IntangibleAssetsOtherThanGoodwill2023-07-3109753073core:LandBuildings2023-07-3109753073core:PlantMachinery2023-07-3109753073core:Vehicles2023-07-3109753073core:FurnitureFittings2023-07-3109753073core:OfficeEquipment2023-07-3109753073core:AfterOneYear2023-07-3109753073core:WithinOneYear2023-07-3109753073core:L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J WILLEY & CO LIMITED

Registered Number
09753073
(England and Wales)

Unaudited Financial Statements for the Year ended
31 July 2024

J WILLEY & CO LIMITED
Company Information
for the year from 1 August 2023 to 31 July 2024

Directors

PHILBIN, Claire
RAMSDALE, Philip

Registered Address

3/4 Station Road
South Elmsall
Pontefract
WF9 2HP

Registered Number

09753073 (England and Wales)
J WILLEY & CO LIMITED
Balance Sheet as at
31 July 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Intangible assets3548,465554,415
Tangible assets4111,089113,649
659,554668,064
Current assets
Debtors5302,367309,448
Cash at bank and on hand71,62157,852
373,988367,300
Creditors amounts falling due within one year6(462,795)(463,488)
Net current assets (liabilities)(88,807)(96,188)
Total assets less current liabilities570,747571,876
Creditors amounts falling due after one year7(134,801)(145,984)
Net assets435,946425,892
Capital and reserves
Called up share capital75,00075,000
Revaluation reserve115,000115,000
Profit and loss account245,946235,892
Shareholders' funds8435,946425,892
The financial statements were approved and authorised for issue by the Board of Directors on 26 September 2024, and are signed on its behalf by:
RAMSDALE, Philip
Director
Registered Company No. 09753073
J WILLEY & CO LIMITED
Notes to the Financial Statements
for the year ended 31 July 2024

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.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Defined contribution pension plan
The company operates a defined contribution pension plan for the benefit of its employees. Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.
Current taxation
Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.
Intangible assets
Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.
Goodwill
Goodwill arising on an acquisition of a business is carried at cost less accumulated impairment losses, if any. Goodwill is amortised over its expected useful life which is estimated to be ten years. Goodwill is assessed for impairment when there are indicators of impairment and any impairment is charged to the income statement. No reversals of impairment are recognised.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Reducing balance (%)Straight line (years)
Fixtures and fittings15-
Office Equipment-3
Finance leases and hire purchase contracts
Rentals paid under operating leases are recognised as an expense in the profit or loss statement on a straight-line basis over the period of the lease.
2.Average number of employees

20242023
Average number of employees during the year99
3.Intangible assets

Total

£
Cost or valuation
At 01 August 23595,000
At 31 July 24595,000
Amortisation and impairment
At 01 August 2340,585
Charge for year5,950
At 31 July 2446,535
Net book value
At 31 July 24548,465
At 31 July 23554,415
4.Tangible fixed assets

Total

£
Cost or valuation
At 01 August 23140,948
Additions834
At 31 July 24141,782
Depreciation and impairment
At 01 August 2327,299
Charge for year3,394
At 31 July 2430,692
Net book value
At 31 July 24111,089
At 31 July 23113,649
5.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables302,367309,448
Total302,367309,448
6.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables364,872363,522
Bank borrowings and overdrafts33,33527,947
Taxation and social security31,61151,243
Other creditors24,94812,748
Accrued liabilities and deferred income8,0298,028
Total462,795463,488
7.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts72,32671,993
Other creditors62,47573,991
Total134,801145,984
8.Revaluation reserve

£
Reserve at 01 August 23115,000
At 31 July 24115,000