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REGISTERED NUMBER: 00505455 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 31 March 2024

for

W.S. Harris and Sons Limited

W.S. Harris and Sons Limited (Registered number: 00505455)






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




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


W.S. Harris and Sons Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: M A Harris
J G Fish
J W Harris
H G Fish





SECRETARY: J W Harris





REGISTERED OFFICE: North Carr Farm
West Stockwith
Doncaster
South Yorkshire
DN10 4BD





REGISTERED NUMBER: 00505455 (England and Wales)





ACCOUNTANTS: Wright Vigar Limited
Chartered Accountants & Business Advisers
Office 1
Engine House
Marshalls Yard
Gainsborough
Lincolnshire
DN21 2NA

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
W.S. Harris and Sons Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of W.S. Harris and Sons Limited for the year ended 31 March 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of W.S. Harris and Sons Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of W.S. Harris and Sons Limited and state those matters that we have agreed to state to the Board of Directors of W.S. Harris and Sons Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than W.S. Harris and Sons Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that W.S. Harris and Sons Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of W.S. Harris and Sons Limited. You consider that W.S. Harris and Sons Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of W.S. Harris and Sons Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Wright Vigar Limited
Chartered Accountants & Business Advisers
Office 1
Engine House
Marshalls Yard
Gainsborough
Lincolnshire
DN21 2NA


Date: .............................................

W.S. Harris and Sons Limited (Registered number: 00505455)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 332,539 340,674
Investments 5 42,489 42,489
375,028 383,163

CURRENT ASSETS
Stocks 94,450 102,797
Debtors 6 12,597 24,302
Cash at bank 35 35
107,082 127,134
CREDITORS
Amounts falling due within one year 7 167,080 160,300
NET CURRENT LIABILITIES (59,998 ) (33,166 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

315,030

349,997

CREDITORS
Amounts falling due after more than one
year

8

101,554

122,043
NET ASSETS 213,476 227,954

CAPITAL AND RESERVES
Called up share capital 10 7,998 7,998
Share premium 138,246 138,246
Capital redemption reserve 5,600 5,600
Retained earnings 61,632 76,110
SHAREHOLDERS' FUNDS 213,476 227,954

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

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

W.S. Harris and Sons Limited (Registered number: 00505455)

Balance Sheet - continued
31 March 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 17 January 2025 and were signed on its behalf by:




H G Fish - Director



J W Harris - Director


W.S. Harris and Sons Limited (Registered number: 00505455)

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

1. STATUTORY INFORMATION

W.S. Harris and Sons 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 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.
Freehold Land - not provided
Buildings - 2% on cost
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Tractors - 20% 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.

Financial instruments
Only basic financial instruments as defined in FRS102 are held. Financial assets and financial liabilities are recognised in the accounts only when the entity becomes party to the contractual provisions of the instrument and their measurement basis is as follows:

Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost. Prepayments are not financial instruments.

Cash at bank is classified as a basic financial instrument at transaction price.

Financial liabilities - trade creditors, accruals and other creditors are basic financial instruments, and are measured at amortised cost. Where a financial liability constitutes a financing transaction it is initially and subsequently measured at the present value of future payment, discounted at a market rate of interest.

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.

W.S. Harris and Sons Limited (Registered number: 00505455)

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

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

4. TANGIBLE FIXED ASSETS
Freehold Plant and
Land Buildings machinery
£    £    £   
COST
At 1 April 2023
and 31 March 2024 299,254 40,184 109,985
DEPRECIATION
At 1 April 2023 - 31,425 107,840
Charge for year - 223 322
At 31 March 2024 - 31,648 108,162
NET BOOK VALUE
At 31 March 2024 299,254 8,536 1,823
At 31 March 2023 299,254 8,759 2,145

Fixtures
and Motor
fittings vehicles Tractors Totals
£    £    £    £   
COST
At 1 April 2023
and 31 March 2024 8,225 58,500 31,237 547,385
DEPRECIATION
At 1 April 2023 7,847 28,398 31,201 206,711
Charge for year 57 7,526 7 8,135
At 31 March 2024 7,904 35,924 31,208 214,846
NET BOOK VALUE
At 31 March 2024 321 22,576 29 332,539
At 31 March 2023 378 30,102 36 340,674

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 April 2023
and 31 March 2024 42,489
NET BOOK VALUE
At 31 March 2024 42,489
At 31 March 2023 42,489

W.S. Harris and Sons Limited (Registered number: 00505455)

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

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,500 -
Amounts owed by group undertakings 62 15,340
Other debtors 11,035 8,962
12,597 24,302

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 47,743 44,972
Hire purchase contracts 4,098 12,013
Trade creditors 19,171 19,930
Taxation and social security 13,263 16,640
Other creditors 82,805 66,745
167,080 160,300

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 101,554 118,964
Hire purchase contracts - 3,079
101,554 122,043

Amounts falling due in more than five years:

Repayable by instalments
Bank loan due after 5 years 6,114 32,697

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 125,414 140,531
Hire purchase contracts 4,098 15,092
129,512 155,623

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
7,998 Ordinary £1 7,998 7,998