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REGISTERED NUMBER: 03745693 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 January 2024

for

Window on Wales Limited

Window on Wales Limited (Registered number: 03745693)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Window on Wales Limited

Company Information
for the Year Ended 31 January 2024







DIRECTORS: Mrs I J Prickett
Mr P.M Prickett



SECRETARY: Mrs I J Prickett



REGISTERED OFFICE: Williamston House
7 Goat Street
Haverfordwest
Pembrokeshire
SA61 1PX



REGISTERED NUMBER: 03745693 (England and Wales)



SOLICITORS: Eaton Evans and Morris
Dark Street
HAVERFORDWEST
Pembrokeshire
SA61 2DB

Window on Wales Limited (Registered number: 03745693)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 24,148 28,346

CURRENT ASSETS
Stocks 5 265,304 239,487
Debtors 6 115,145 115,258
Cash at bank and in hand 345,665 328,009
726,114 682,754
CREDITORS
Amounts falling due within one year 7 58,898 48,989
NET CURRENT ASSETS 667,216 633,765
TOTAL ASSETS LESS CURRENT
LIABILITIES

691,364

662,111

PROVISIONS FOR LIABILITIES 6,029 6,984
NET ASSETS 685,335 655,127

CAPITAL AND RESERVES
Called up share capital 1,200 1,200
Retained earnings 684,135 653,927
SHAREHOLDERS' FUNDS 685,335 655,127

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

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

Window on Wales Limited (Registered number: 03745693)

Balance Sheet - continued
31 January 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 25 October 2024 and were signed on its behalf by:




Mr P.M Prickett - Director



Mrs I J Prickett - Director


Window on Wales Limited (Registered number: 03745693)

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

1. STATUTORY INFORMATION

Window on Wales Limited 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 net sales made via retail shops excluding VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to leasehold property - 4% on cost
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2023 - 16 ) .

4. TANGIBLE FIXED ASSETS
Improvements
to Fixtures
leasehold Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 February 2023 692 5,523 42,650 37,686 86,551
Additions - 1,655 406 - 2,061
At 31 January 2024 692 7,178 43,056 37,686 88,612
DEPRECIATION
At 1 February 2023 223 2,989 34,719 20,274 58,205
Charge for year 27 628 1,251 4,353 6,259
At 31 January 2024 250 3,617 35,970 24,627 64,464
NET BOOK VALUE
At 31 January 2024 442 3,561 7,086 13,059 24,148
At 31 January 2023 469 2,534 7,931 17,412 28,346

Window on Wales Limited (Registered number: 03745693)

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

5. STOCKS
31.1.24 31.1.23
£    £   
Stocks 265,304 239,487

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Directors' current accounts 92,284 92,580
Tax 20,626 20,626
Prepayments 2,235 2,052
115,145 115,258

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Corporation Tax 38,191 33,013
Social Security and Other Taxes 505 427
VAT 5,700 1,383
Accrued expenses 14,502 14,166
58,898 48,989

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2024 and 31 January 2023:

31.1.24 31.1.23
£    £   
Mrs I J Prickett and Mr P.M Prickett
Balance outstanding at start of year 92,581 120,432
Amounts advanced 111,703 72,149
Amounts repaid (112,000 ) (100,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 92,284 92,581

During the period the directors were charged interest of £1,254.32 (2023 £1,698.63) by the company in respect of their director loan.

9. RELATED PARTY DISCLOSURES

During the year, total dividends of £92,000 (2023 - £80,000) were paid to the directors .

During the period the company paid rent of £20,000 (2023: £20,000) to its directors for use of its premises.