IRIS Accounts Production v24.2.0.383 07911923 director 1.2.24 30.9.24 30.9.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh079119232024-01-31079119232024-09-30079119232024-02-012024-09-30079119232023-01-31079119232023-02-012024-01-31079119232024-01-3107911923ns15:EnglandWales2024-02-012024-09-3007911923ns14:PoundSterling2024-02-012024-09-3007911923ns10:Director12024-02-012024-09-3007911923ns10:PrivateLimitedCompanyLtd2024-02-012024-09-3007911923ns10:SmallEntities2024-02-012024-09-3007911923ns10:AuditExempt-NoAccountantsReport2024-02-012024-09-3007911923ns10:SmallCompaniesRegimeForDirectorsReport2024-02-012024-09-3007911923ns10:SmallCompaniesRegimeForAccounts2024-02-012024-09-3007911923ns10:FullAccounts2024-02-012024-09-3007911923ns10:RegisteredOffice2024-02-012024-09-3007911923ns5:CurrentFinancialInstruments2024-09-3007911923ns5:CurrentFinancialInstruments2024-01-3107911923ns5:ShareCapital2024-09-3007911923ns5:ShareCapital2024-01-3107911923ns5:RetainedEarningsAccumulatedLosses2024-09-3007911923ns5:RetainedEarningsAccumulatedLosses2024-01-3107911923ns5:PlantMachinery2024-02-012024-09-3007911923ns5:FurnitureFittings2024-02-012024-09-3007911923ns5:MotorVehicles2024-02-012024-09-3007911923ns5:ComputerEquipment2024-02-012024-09-3007911923ns5:PlantMachinery2024-01-3107911923ns5:FurnitureFittings2024-01-3107911923ns5:MotorVehicles2024-01-3107911923ns5:ComputerEquipment2024-01-3107911923ns5:PlantMachinery2024-09-3007911923ns5:FurnitureFittings2024-09-3007911923ns5:MotorVehicles2024-09-3007911923ns5:ComputerEquipment2024-09-3007911923ns5:PlantMachinery2024-01-3107911923ns5:FurnitureFittings2024-01-3107911923ns5:MotorVehicles2024-01-3107911923ns5:ComputerEquipment2024-01-3107911923ns5:CostValuation2024-01-3107911923ns5:AdditionsToInvestments2024-09-3007911923ns5:DisposalsRepaymentsInvestments2024-09-3007911923ns5:TransfersBetweenInvestmentClassesIncreaseDecreaseInInvestments2024-09-3007911923ns5:CostValuation2024-09-3007911923ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3007911923ns5:WithinOneYearns5:CurrentFinancialInstruments2024-01-31
REGISTERED NUMBER: 07911923 (England and Wales)



















Unaudited Financial Statements

for the Period

1 February 2024 to 30 September 2024

for

CHARLES WILLIS-OWEN LTD

CHARLES WILLIS-OWEN LTD (REGISTERED NUMBER: 07911923)

Contents of the Financial Statements
for the Period 1 February 2024 to 30 September 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CHARLES WILLIS-OWEN LTD

Company Information
for the Period 1 February 2024 to 30 September 2024







DIRECTOR: C A Willis-Owen





REGISTERED OFFICE: 2 St Marys Road
Tonbridge
Kent
TN9 2LB





REGISTERED NUMBER: 07911923 (England and Wales)





ACCOUNTANTS: Sandison Lang Limited
2 St Marys Road
Tonbridge
Kent
TN9 2LB

CHARLES WILLIS-OWEN LTD (REGISTERED NUMBER: 07911923)

Balance Sheet
30 September 2024

2024 2024
Notes £ £
FIXED ASSETS
Tangible assets 4 - 44,566
Investments 5 2,668,176 2,726,569
2,668,176 2,771,135

CURRENT ASSETS
Debtors 6 10,420 112,785
Cash at bank 590,725 82,619
601,145 195,404
CREDITORS
Amounts falling due within one year 7 (169,521 ) (209,269 )
NET CURRENT ASSETS/(LIABILITIES) 431,624 (13,865 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,099,800

2,757,270

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 3,098,800 2,756,270
SHAREHOLDERS' FUNDS 3,099,800 2,757,270

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 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.

CHARLES WILLIS-OWEN LTD (REGISTERED NUMBER: 07911923)

Balance Sheet - continued
30 September 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 8 October 2024 and were signed by:





C A Willis-Owen - Director


CHARLES WILLIS-OWEN LTD (REGISTERED NUMBER: 07911923)

Notes to the Financial Statements
for the Period 1 February 2024 to 30 September 2024


1. STATUTORY INFORMATION

Charles Willis-Owen 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
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 period 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.


CHARLES WILLIS-OWEN LTD (REGISTERED NUMBER: 07911923)

Notes to the Financial Statements - continued
for the Period 1 February 2024 to 30 September 2024


2. ACCOUNTING POLICIES - continued
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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2024 - 2 ) .

CHARLES WILLIS-OWEN LTD (REGISTERED NUMBER: 07911923)

Notes to the Financial Statements - continued
for the Period 1 February 2024 to 30 September 2024


4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£ £ £ £ £
COST
At 1 February 2024 21,020 4,590 55,090 12,255 92,955
Additions - - 111,780 - 111,780
Disposals (21,020 ) (4,590 ) (166,870 ) (12,255 ) (204,735 )
At 30 September 2024 - - - - -
DEPRECIATION
At 1 February 2024 17,158 3,406 18,689 9,136 48,389
Eliminated on disposal (17,158 ) (3,406 ) (18,689 ) (9,136 ) (48,389 )
At 30 September 2024 - - - - -
NET BOOK VALUE
At 30 September 2024 - - - - -
At 31 January 2024 3,862 1,184 36,401 3,119 44,566

5. FIXED ASSET INVESTMENTS
Other
investments
£
COST
At 1 February 2024 2,726,569
Additions 100,000
Disposals (435,702 )
Share of profit/(loss) 301,920
Reclassification/transfer (24,611 )
At 30 September 2024 2,668,176
NET BOOK VALUE
At 30 September 2024 2,668,176
At 31 January 2024 2,726,569

CHARLES WILLIS-OWEN LTD (REGISTERED NUMBER: 07911923)

Notes to the Financial Statements - continued
for the Period 1 February 2024 to 30 September 2024


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2024
£ £
Trade debtors - 50,575
Other debtors 10,420 62,210
10,420 112,785

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2024
£ £
Bank loans and overdrafts 11 -
Taxation and social security 144,864 184,574
Other creditors 24,646 24,695
169,521 209,269

8. ULTIMATE CONTROLLING PARTY

The controlling party is C A Willis-Owen.

The ultimate controlling party is C A Willis-Owen.