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REGISTERED NUMBER: 09577870 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Wetheralds of Harrogate Ltd

Wetheralds of Harrogate Ltd (Registered number: 09577870)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Wetheralds of Harrogate Ltd

Company Information
for the Year Ended 31 May 2024







DIRECTORS: F Murphy
Mrs F Seal





SECRETARY:





REGISTERED OFFICE: Horley Green House
Horley Green Road
Halifax
West Yorkshire
HX3 6AS





REGISTERED NUMBER: 09577870 (England and Wales)





ACCOUNTANTS: Horley Green Chartered Accountants
Horley Green House
Horley Green Road
Claremount
Halifax
West Yorkshire
HX3 6AS

Wetheralds of Harrogate Ltd (Registered number: 09577870)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 41,852 61,511

CURRENT ASSETS
Debtors 5 394,409 568,137
Cash at bank 182,644 110,408
577,053 678,545
CREDITORS
Amounts falling due within one year 6 167,921 238,531
NET CURRENT ASSETS 409,132 440,014
TOTAL ASSETS LESS CURRENT
LIABILITIES

450,984

501,525

CREDITORS
Amounts falling due after more than one year 7 (114,854 ) (132,060 )

PROVISIONS FOR LIABILITIES 8 (7,952 ) (11,685 )
NET ASSETS 328,178 357,780

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 328,177 357,779
SHAREHOLDERS' FUNDS 328,178 357,780

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

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

Wetheralds of Harrogate Ltd (Registered number: 09577870)

Balance Sheet - continued
31 May 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 15 October 2024 and were signed on its behalf by:





F Murphy - Director


Wetheralds of Harrogate Ltd (Registered number: 09577870)

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


1. STATUTORY INFORMATION

Wetheralds of Harrogate 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 represents the net amount receivable for goods supplied and services provided, excluding value added tax, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

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

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 balance sheet date.

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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2023 - 12 ) .

Wetheralds of Harrogate Ltd (Registered number: 09577870)

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


4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 June 2023 16,764 117,658 275 134,697
Additions 481 - - 481
At 31 May 2024 17,245 117,658 275 135,178
DEPRECIATION
At 1 June 2023 11,319 61,867 - 73,186
Charge for year 2,447 17,602 91 20,140
At 31 May 2024 13,766 79,469 91 93,326
NET BOOK VALUE
At 31 May 2024 3,479 38,189 184 41,852
At 31 May 2023 5,445 55,791 275 61,511

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 112,337 185,302
Amounts recoverable on contract 59,591 -
Other debtors 216,000 380,000
VAT 3,646 -
Prepayments 2,835 2,835
394,409 568,137

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade creditors 74,013 132,117
Tax 7,005 274
Social security and other taxes 24,188 20,605
VAT - 51,353
Other creditors 3,542 -
Directors' loan accounts 57,843 32,852
Accrued expenses 1,330 1,330
167,921 238,531

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans - 2-5 years 35,771 41,071
Finance leases 79,083 90,989
114,854 132,060

Wetheralds of Harrogate Ltd (Registered number: 09577870)

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


8. PROVISIONS FOR LIABILITIES
31.5.24 31.5.23
£    £   
Deferred tax 7,952 11,685

Deferred
tax
£   
Balance at 1 June 2023 11,685
Deferred Tax (3,733 )
Balance at 31 May 2024 7,952

9. RELATED PARTY DISCLOSURES

The company is controlled by the company director.