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REGISTERED NUMBER: 01626185 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

WINDWARD LIMITED

WINDWARD LIMITED (REGISTERED NUMBER: 01626185)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WINDWARD LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: R Caldwell
M Fielding





SECRETARY: Mrs C Gaskell





REGISTERED OFFICE: America House
Rumford Court
Rumford Place
Liverpool
Merseyside
L3 9DD





REGISTERED NUMBER: 01626185 (England and Wales)





ACCOUNTANTS: Malthouse & Company Chartered Accountants
America House, Rumford Court
Rumford Place
Liverpool
Merseyside
L3 9DD

WINDWARD LIMITED (REGISTERED NUMBER: 01626185)

BALANCE SHEET
30 APRIL 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 67,321 84,947
Investments 5 408,795 408,795
476,116 493,742

CURRENT ASSETS
Stocks 440,778 122,169
Debtors 6 970,594 918,025
Cash at bank 681,078 296,991
2,092,450 1,337,185
CREDITORS
Amounts falling due within one year 7 1,387,627 893,799
NET CURRENT ASSETS 704,823 443,386
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,180,939

937,128

CREDITORS
Amounts falling due after more than one
year

8

272,029

312,332
NET ASSETS 908,910 624,796

WINDWARD LIMITED (REGISTERED NUMBER: 01626185)

BALANCE SHEET - continued
30 APRIL 2024

30.4.24 30.4.23
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 10,000 10,000
Retained earnings 898,910 614,796
SHAREHOLDERS' FUNDS 908,910 624,796

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

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 November 2024 and were signed on its behalf by:





M Fielding - Director


WINDWARD LIMITED (REGISTERED NUMBER: 01626185)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024


1. STATUTORY INFORMATION

Windward 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 shown in the profit and loss account represents sales invoices, net of value added tax, and is derived from the renovation and re-erection of pre-fabricated buildings.
All sales are recognised on the accruals basis.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost
Fixtures and fittings - 25% on cost

Tangible fixed assets are initially recognised at cost.

INVESTMENTS IN SUBSIDIARIES
Investments in subsidiary undertakings are recognised at cost.

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

WINDWARD LIMITED (REGISTERED NUMBER: 01626185)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


2. ACCOUNTING POLICIES - continued

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 scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

WINDWARD LIMITED (REGISTERED NUMBER: 01626185)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings Totals
£    £    £    £   
COST
At 1 May 2023 109,223 71,730 17,900 198,853
Additions - - 1,389 1,389
Disposals - (20,183 ) - (20,183 )
At 30 April 2024 109,223 51,547 19,289 180,059
DEPRECIATION
At 1 May 2023 54,612 41,394 17,900 113,906
Charge for year 10,922 7,746 347 19,015
Eliminated on disposal - (20,183 ) - (20,183 )
At 30 April 2024 65,534 28,957 18,247 112,738
NET BOOK VALUE
At 30 April 2024 43,689 22,590 1,042 67,321
At 30 April 2023 54,611 30,336 - 84,947

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 May 2023
and 30 April 2024 408,795
NET BOOK VALUE
At 30 April 2024 408,795
At 30 April 2023 408,795

WINDWARD LIMITED (REGISTERED NUMBER: 01626185)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 325,664 297,989
Sundry tax debtor 116,702 116,702
Other debtors 528,228 503,334
970,594 918,025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 51,000 50,897
Hire purchase contracts 4,699 -
Trade creditors 296,897 303,932
Taxation and social security 294,006 134,175
Other creditors 741,025 404,795
1,387,627 893,799

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans 97,930 152,332
Hire purchase contracts 14,099 -
Other creditors 160,000 160,000
272,029 312,332

WINDWARD LIMITED (REGISTERED NUMBER: 01626185)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 April 2024 and 30 April 2023:

30.4.24 30.4.23
£    £   
R Caldwell
Balance outstanding at start of year 362,532 339,769
Amounts advanced 85,173 58,763
Amounts repaid (50,250 ) (36,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 397,455 362,532

M Fielding
Balance outstanding at start of year 45,891 45,300
Amounts advanced 895 903
Amounts repaid (15,000 ) (312 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 31,786 45,891

10. RELATED PARTY DISCLOSURES

During the year, total dividends of £76,484 were paid to the directors .

Throughout the year, the company was under the control of Mr R Caldwell, a director of the company. Mr R Caldwell is also a director of Planstrong Limited. At 30 April 2024, a balance of £346,041 was owed to Planstrong Limited, (2023: £346,041 was owed to Planstrong Limited).