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REGISTERED NUMBER: 14281585 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

W Napier Holdings Ltd

W Napier Holdings Ltd (Registered number: 14281585)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


W Napier Holdings Ltd

Company Information
for the Year Ended 31 August 2024







DIRECTOR: W H Napier





REGISTERED OFFICE: Quarry Cottage
Pentrich
Ripley
Derbyshire
DE5 3RL





REGISTERED NUMBER: 14281585 (England and Wales)





ACCOUNTANTS: Carter & Co
19 Warren Park Way
Enderby
Leicester
LE19 4SA

W Napier Holdings Ltd (Registered number: 14281585)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 325,841 283,316

CURRENT ASSETS
Debtors 5 55,810 9,040
Cash at bank 273,121 250,754
328,931 259,794
CREDITORS
Amounts falling due within one year 6 191,651 207,217
NET CURRENT ASSETS 137,280 52,577
TOTAL ASSETS LESS CURRENT
LIABILITIES

463,121

335,893

PROVISIONS FOR LIABILITIES 76,763 49,117
NET ASSETS 386,358 286,776

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 386,258 286,676
SHAREHOLDERS' FUNDS 386,358 286,776

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

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

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 29 October 2024 and were signed by:




W H Napier - Director


W Napier Holdings Ltd (Registered number: 14281585)

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

1. STATUTORY INFORMATION

W Napier Holdings 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 each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on reducing balance

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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

W Napier Holdings Ltd (Registered number: 14281585)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2023 333,450
Additions 139,336
Disposals (10,000 )
At 31 August 2024 462,786
DEPRECIATION
At 1 September 2023 50,134
Charge for year 89,311
Eliminated on disposal (2,500 )
At 31 August 2024 136,945
NET BOOK VALUE
At 31 August 2024 325,841
At 31 August 2023 283,316

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 September 2023 46,000
Transfer to ownership (46,000 )
At 31 August 2024 -
DEPRECIATION
At 1 September 2023 11,500
Transfer to ownership (11,500 )
At 31 August 2024 -
NET BOOK VALUE
At 31 August 2024 -
At 31 August 2023 34,500

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 46,800 -
Prepayments 9,010 9,040
55,810 9,040

W Napier Holdings Ltd (Registered number: 14281585)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Hire purchase contracts - 14,307
Trade creditors 100 -
Tax 24,688 10,836
VAT 13,598 26,422
Other creditors 16,231 2,366
Directors' current accounts 135,709 152,036
Accrued expenses 1,325 1,250
191,651 207,217

7. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 31.8.24 31.8.23
value: £    £   
100 Share capital 1 £1.00 100 100