I & J WILLIAMS LTD

Company Registration Number:
07937671 (England and Wales)

Unaudited abridged accounts for the year ended 29 February 2024

Period of accounts

Start date: 01 March 2023

End date: 29 February 2024

I & J WILLIAMS LTD

Contents of the Financial Statements

for the Period Ended 29 February 2024

Balance sheet
Notes

I & J WILLIAMS LTD

Balance sheet

As at 29 February 2024


Notes

2024

2023


£

£
Fixed assets
Intangible assets: 3 1 1
Tangible assets: 4 24,139 33,845
Total fixed assets: 24,140 33,846
Current assets
Stocks: 55,333 60,551
Debtors: 5 0 11,707
Total current assets: 55,333 72,258
Creditors: amounts falling due within one year: 6 (100,697) (129,223)
Net current assets (liabilities): (45,364) (56,965)
Total assets less current liabilities: (21,224) (23,119)
Total net assets (liabilities): (21,224) (23,119)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (21,324) (23,219)
Shareholders funds: (21,224) (23,119)

The notes form part of these financial statements

I & J WILLIAMS LTD

Balance sheet statements

For the year ending 29 February 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 14 October 2024
and signed on behalf of the board by:

Name: I. Williams
Status: Director

The notes form part of these financial statements

I & J WILLIAMS LTD

Notes to the Financial Statements

for the Period Ended 29 February 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

I & J WILLIAMS LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

2. Employees

2024 2023
Average number of employees during the period 47 51

I & J WILLIAMS LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

3. Intangible Assets

Total
Cost £
At 01 March 2023 39,190
At 29 February 2024 39,190
Amortisation
At 01 March 2023 39,189
At 29 February 2024 39,189
Net book value
At 29 February 2024 1
At 28 February 2023 1

I & J WILLIAMS LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

4. Tangible Assets

Total
Cost £
At 01 March 2023 71,434
At 29 February 2024 71,434
Depreciation
At 01 March 2023 37,589
Charge for year 9,706
At 29 February 2024 47,295
Net book value
At 29 February 2024 24,139
At 28 February 2023 33,845

I & J WILLIAMS LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

5. Debtors

2024 2023
££
Debtors due after more than one year: 0 0

I & J WILLIAMS LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

6. Creditors: amounts falling due within one year note

2024 2023 Bank loans and overdrafts 12986 6880 Corporation tax 2721 10031 Other taxes and social security 2831 4335 Pension contributions 1395 1168 Accruals 6464 2956 Directors loans 74300 103853