01103255falseoperating bingo venues2023-07-012023-12-31http://www.companieshouse.gov.uk/2023-06-30http://www.companieshouse.gov.uk/pt:PlantMachinery2023-06-30http://www.companieshouse.gov.uk/pt:ShareCapital2023-06-30http://www.companieshouse.gov.uk/cd:Director12023-07-012023-12-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2023-06-30http://www.companieshouse.gov.uk/pt:PlantMachinery2023-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-12-31http://www.companieshouse.gov.uk/cd:Director22023-07-012023-12-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2023-12-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-06-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-07-012023-12-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-12-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-07-012023-12-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-07-012023-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-06-30http://www.companieshouse.gov.uk/2023-07-012023-12-31http://www.companieshouse.gov.uk/2023-06-30http://www.companieshouse.gov.uk/cd:FRS1022023-07-012023-12-31http://www.companieshouse.gov.uk/2023-12-31http://www.companieshouse.gov.uk/cd:FullAccounts2023-07-012023-12-31http://www.companieshouse.gov.uk/pt:LandBuildings2023-06-30http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-07-012023-12-31http://www.companieshouse.gov.uk/pt:LandBuildings2023-12-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 01103255

Witnall Automatics Limited

ACCOUNTS
FOR THE 184 DAY PERIOD ENDED 31/12/2023

Prepared By:
GT Accountants Limited
Unit 7, The Court House
72 Moorland Road, Burslem
Stoke on Trent
Staffs
ST6 1DY

Witnall Automatics Limited

ACCOUNTS
FOR THE 184 DAY PERIOD ENDED 31/12/2023
DIRECTORS
Kevin McGinnigle
Roger Witnall
REGISTERED OFFICE
Unit 7, The Court House
72 Moorland Road
Stoke-on_Trent
ST6 1DY
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 01103255
ACCOUNTANTS
GT Accountants Limited
Unit 7, The Court House
72 Moorland Road, Burslem
Stoke on Trent
Staffs
ST6 1DY

Witnall Automatics Limited

ACCOUNTS
FOR THE184 DAY PERIODENDED31/12/2023
CONTENTS
Page
Balance Sheet3
Notes To The Accounts4

Witnall Automatics Limited

BALANCE SHEET AT 31/12/2023
20232023
Notes££
FIXED ASSETS
Tangible assets33,215,13434,606
CURRENT ASSETS
Stock18,24318,237
Debtors528,99623,061
Cash at bank and in hand284,239234,716
331,478276,014
CREDITORS: Amounts falling due within one year61,701,735116,953
NET CURRENT (LIABILITIES) / ASSETS(1,370,257)159,061
TOTAL ASSETS LESS CURRENT LIABILITIES1,844,877193,667
PROVISIONS FOR LIABILITIES AND CHARGES7407,2756,883
NET ASSETS1,437,602186,784
CAPITAL AND RESERVES
Called up share capital812,00012,000
Profit and loss account1,425,602174,784
SHAREHOLDERS' FUNDS1,437,602186,784
For the period ending 31/12/2023 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 27/11/2024 and signed on their behalf by
Kevin McGinnigle
Director

Witnall Automatics Limited

NOTES TO THE ACCOUNTS
FOR THE 184 DAY PERIOD ENDED 31/12/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machinerystraight line 25%
Commercial Vehiclesreducing balance 25%
Equipmentreducing balance 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the period.
2. EMPLOYEES
20232023
No.No.
Average number of employees4141

Witnall Automatics Limited

3. TANGIBLE FIXED ASSETS
Land AndPlant andCommercial
BuildingsMachineryVehiclesEquipmentTotal
£££££
Cost
At 01/07/2023-43,8081,07959,106103,993
Additions1,550,000--125,6851,675,685
Disposals-(4,500)(1,079)-(5,579)
Revaluation1,515,000---1,515,000
At 31/12/20233,065,00039,308-184,7913,289,099
Depreciation
At 01/07/2023-23,17122545,99169,387
Disposals-(3,066)(225)-(3,291)
For the 184 day period-4,914-2,9557,869
At 31/12/2023-25,019-48,94673,965
Net Book Amounts
At 31/12/20233,065,00014,289-135,8453,215,134
At 30/06/2023-20,63785413,11534,606
During the period this company acquired eight new bingo halls which had previously been operated by an unrelated company which had fallen into administration. These acquistions took place on 21 December 2023 for a consideration of £1,550,000 and were acquired at a distressed value. These properties were revalued for financing purposes in November 2023 by VAS Panel, part of the VAL valuation group of Stephenson House, High Force Road, Riverside Park, Middlesborough, TS2 1RH with a market value of £3,065,000. This company has adopted these market values as its carrying values.
4. STOCK 20232023
££
Stock comprises:
Stock18,24318,237
18,24318,237
5. DEBTORS 20232023
££
Amounts falling due within one year
Trade debtors26,19721,269
Other debtors1,007-
Prepayments1,7921,792
28,99623,061

Witnall Automatics Limited

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232023
££
UK corporation tax22,44618,595
VAT9,39925,000
PAYE control3,4887,000
Directors current account-40,472
Trade creditors38,7885,206
Other creditors344-
Accruals26,39720,680
Amounts due to group companies1,600,873-
1,701,735116,953
7. PROVISIONS FOR LIABILITIES 20232023
££
Deferred taxation407,2756,883
407,2756,883
8. SHARE CAPITAL 20232023
££
Allotted, issued and fully paid:
12,000 Ordinary shares of £1 each12,00012,000
12,00012,000
9. CONTROLLING PARTY
This company is a 100% subsidiary of Real Fun Group Limited a company whose registered office is Unit 7, The Court House, 72 Moorland Road, Stoke-on-Trent, ST6 1DY.
10. RELATED PARTY TRANSACTIONS
During the period Witnall Automatics Limited borrowed £1,599,540 from its parent company Real Fun Group Limited in order to enable it to purchase trading properties and other assets of eight bingo halls whose owner had fallen into administration. This transaction took place on 21 December 2023.
Real Fun Group Limited surrendered tax losses to Witnall Automatics Limited for a consideration of £1,333.
The balance owed to Real Fun Group Limited at 31 December 2023 was £1,600,873.

Witnall Automatics Limited

11. ASSETS SECURED
There is a fixed and floating charge over the eight properties owned, by the lender who has provided finance to the parent company Real Fun Group Limited. There is also a fixed and floating charge over all over the other assets of this company and also a personal guarantee by the director Mr K McGinnigle to the lender.