Company Registration No. SC067185 (Scotland)
William P. Whiland & Son Limited
Unaudited accounts
for the year ended 30 April 2024
William P. Whiland & Son Limited
Unaudited accounts
Contents
William P. Whiland & Son Limited
Company Information
for the year ended 30 April 2024
Directors
Pauline Mazzucco
David Mazzucco
Secretary
Pauline Mazzucco
Company Number
SC067185 (Scotland)
Registered Office
8 ALDER ROAD
BROADMEADOW INDUSTRIAL ESTATE
DUMBARTON
G82 2EL
Accountants
Arran Accountancy Limited
Alexanders
Brodick
Isle of Arran
KA27 8HF
William P. Whiland & Son Limited
Statement of financial position
as at 30 April 2024
Tangible assets
480,783
516,176
Cash at bank and in hand
304,921
331,559
Creditors: amounts falling due within one year
(260,240)
(223,472)
Net current assets
220,859
176,488
Total assets less current liabilities
701,642
692,664
Creditors: amounts falling due after more than one year
(29,942)
(56,184)
Provisions for liabilities
Deferred tax
(81,624)
(65,127)
Net assets
590,076
571,353
Called up share capital
100
100
Revaluation reserve
139,250
139,250
Capital redemption reserve
24,900
24,900
Profit and loss account
425,826
407,103
Shareholders' funds
590,076
571,353
For the year ending 30 April 2024 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 19 December 2024 and were signed on its behalf by
Pauline Mazzucco
Director
Company Registration No. SC067185
William P. Whiland & Son Limited
Notes to the Accounts
for the year ended 30 April 2024
William P. Whiland & Son Limited is a private company, limited by shares, registered in Scotland, registration number SC067185. The registered office is 8 ALDER ROAD, BROADMEADOW INDUSTRIAL ESTATE, DUMBARTON, G82 2EL.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
2% Straight Line
Motor vehicles
20% Reducing Balance
Fixtures & fittings
10% Straight Line
4
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2023
328,763
154,089
485,687
968,539
Additions
-
29,073
2,071
31,144
Disposals
-
(15,965)
-
(15,965)
At 30 April 2024
328,763
167,197
487,758
983,718
At 1 May 2023
167,899
54,249
230,215
452,363
Charge for the year
6,575
25,113
31,501
63,189
On disposals
-
(12,617)
-
(12,617)
At 30 April 2024
174,474
66,745
261,716
502,935
At 30 April 2024
154,289
100,452
226,042
480,783
At 30 April 2023
160,864
99,840
255,472
516,176
William P. Whiland & Son Limited
Notes to the Accounts
for the year ended 30 April 2024
Amounts falling due within one year
Trade debtors
65,735
40,421
Accrued income and prepayments
2,166
1,480
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,000
10,000
Obligations under finance leases and hire purchase contracts
14,762
14,762
Trade creditors
77,401
110,123
Taxes and social security
25,387
9,290
Other creditors
1,668
2,055
Loans from directors
-
312
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
13,531
29,523
8
Average number of employees
During the year the average number of employees was 13 (2023: 13).