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REGISTERED NUMBER: 04099394 (England and Wales)















W A (BUILDERS) LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 MARCH 2024






W A (BUILDERS) LTD (REGISTERED NUMBER: 04099394)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


W A (BUILDERS) LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: Mr K P Lamb
Mr J K Lamb



REGISTERED OFFICE: Town Wall House
Balkerne Hill
Colchester
Essex
CO3 3AD



REGISTERED NUMBER: 04099394 (England and Wales)



BANKERS: HSBC
Midlands House
26 North Station Road
Colchester
Essex
CO1 1SY

W A (BUILDERS) LTD (REGISTERED NUMBER: 04099394)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 2,399 549
Investment property 5 475,000 475,000
477,399 475,549

CURRENT ASSETS
Debtors 6 264 257
Cash at bank 8,970 8,364
9,234 8,621
CREDITORS
Amounts falling due within one year 7 (92,409 ) (94,256 )
NET CURRENT LIABILITIES (83,175 ) (85,635 )
TOTAL ASSETS LESS CURRENT LIABILITIES 394,224 389,914

PROVISIONS FOR LIABILITIES (6,052 ) (5,700 )
NET ASSETS 388,172 384,214

CAPITAL AND RESERVES
Called up share capital 2 2
Fair value reserve 8 116,014 116,014
Retained earnings 272,156 268,198
388,172 384,214

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 A (BUILDERS) LTD (REGISTERED NUMBER: 04099394)

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 16 January 2025 and were signed on its behalf by:





Mr J K Lamb - Director


W A (BUILDERS) LTD (REGISTERED NUMBER: 04099394)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

W A (Builders) 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.

For the purposes of presentation, the financial statements are rounded to the nearest Pound Sterling (£).

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small
Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and
Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the
historical cost convention as modified by the revaluation of certain assets.

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 - 20% on cost
Fixtures and fittings - 20% on cost
Equipment - 20% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments
Basic financial instruments are recognised at amortised cost.

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 A (BUILDERS) LTD (REGISTERED NUMBER: 04099394)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Equipment Totals
£    £    £    £   
COST
At 1 April 2023 548 685 1,098 2,331
Additions 2,435 - - 2,435
At 31 March 2024 2,983 685 1,098 4,766
DEPRECIATION
At 1 April 2023 548 685 549 1,782
Charge for year 365 - 220 585
At 31 March 2024 913 685 769 2,367
NET BOOK VALUE
At 31 March 2024 2,070 - 329 2,399
At 31 March 2023 - - 549 549

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 475,000
NET BOOK VALUE
At 31 March 2024 475,000
At 31 March 2023 475,000

The investment property was valued on an open market basis on 30 September 2021 by the directors which the directors consider to be still indicative of the market value as at 31st March 2024. The historical cost of the investment property is £354,359.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Prepayments and accrued income 264 257

W A (BUILDERS) LTD (REGISTERED NUMBER: 04099394)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 898 449
Amounts due to parent undertakings 88,061 88,162
Corporation tax 586 2,278
Other tax and social security 847 1,177
Other creditors 71 -
Accruals and deferred income 1,946 2,190
92,409 94,256

8. RESERVES
Fair
value
reserve
£   
At 1 April 2023
and 31 March 2024 116,014