W C YOUNG & SONS LIMITED

Company Registration Number:
NI605323 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

W C YOUNG & SONS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

W C YOUNG & SONS LIMITED

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 1,125,345 1,252,783
Investments:   0 0
Total fixed assets: 1,125,345 1,252,783
Current assets
Stocks: 488,974 402,285
Debtors:   36,069 50,645
Cash at bank and in hand: 313,885 239,893
Total current assets: 838,928 692,823
Creditors: amounts falling due within one year:   (90,664) (69,337)
Net current assets (liabilities): 748,264 623,486
Total assets less current liabilities: 1,873,609 1,876,269
Creditors: amounts falling due after more than one year:   (364,451) (428,313)
Provision for liabilities: (207,231) (230,305)
Total net assets (liabilities): 1,301,927 1,217,651
Capital and reserves
Called up share capital: 5 5
Profit and loss account: 1,301,922 1,217,646
Shareholders funds: 1,301,927 1,217,651

The notes form part of these financial statements

W C YOUNG & SONS LIMITED

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 16 October 2024
and signed on behalf of the board by:

Name: Alwyn Young
Status: Director

The notes form part of these financial statements

W C YOUNG & SONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

W C YOUNG & SONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 17 17

W C YOUNG & SONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible Assets

Total
Cost £
At 01 April 2023 2,744,580
Additions 222,374
Disposals (101,970)
At 31 March 2024 2,864,984
Depreciation
At 01 April 2023 1,491,797
Charge for year 309,355
On disposals (61,513)
At 31 March 2024 1,739,639
Net book value
At 31 March 2024 1,125,345
At 31 March 2023 1,252,783