Caseware UK (AP4) 2023.0.135 2023.0.135 3The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-05-01false3falsetruefalse 01005699 2023-05-01 2024-04-30 01005699 2024-04-30 01005699 2022-05-01 2023-04-30 01005699 2023-04-30 01005699 c:Director1 2023-05-01 2024-04-30 01005699 d:Buildings 2023-05-01 2024-04-30 01005699 d:Buildings 2024-04-30 01005699 d:Buildings 2023-04-30 01005699 d:Buildings d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 01005699 d:PlantMachinery 2023-05-01 2024-04-30 01005699 d:PlantMachinery 2024-04-30 01005699 d:PlantMachinery 2023-04-30 01005699 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 01005699 d:MotorVehicles 2023-05-01 2024-04-30 01005699 d:MotorVehicles 2024-04-30 01005699 d:MotorVehicles 2023-04-30 01005699 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 01005699 d:OfficeEquipment 2023-05-01 2024-04-30 01005699 d:OfficeEquipment 2024-04-30 01005699 d:OfficeEquipment 2023-04-30 01005699 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 01005699 d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 01005699 d:CurrentFinancialInstruments 2024-04-30 01005699 d:CurrentFinancialInstruments 2023-04-30 01005699 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 01005699 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 01005699 d:ShareCapital 2024-04-30 01005699 d:ShareCapital 2023-04-30 01005699 d:RetainedEarningsAccumulatedLosses 2024-04-30 01005699 d:RetainedEarningsAccumulatedLosses 2023-04-30 01005699 c:FRS102 2023-05-01 2024-04-30 01005699 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 01005699 c:FullAccounts 2023-05-01 2024-04-30 01005699 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 01005699 e:PoundSterling 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure
Registered number: 01005699













Ward Bros (Durham) Limited

Financial statements
Information for filing with the registrar

30 April 2024




 
Ward Bros (Durham) Limited


Balance sheet
At 30 April 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
689,324
758,291

  
689,324
758,291

Current assets
  

Debtors
 5 
72,622
166,889

Cash at bank and in hand
  
648,550
522,590

  
721,172
689,479

Creditors: amounts falling due within one year
 6 
(16,123)
(37,618)

Net current assets
  
 
 
705,049
 
 
651,861

Total assets less current liabilities
  
1,394,373
1,410,152

Provisions for liabilities
  

Deferred tax
  
(39,981)
(37,363)

  
 
 
(39,981)
 
 
(37,363)

Net assets
  
1,354,392
1,372,789


Capital and reserves
  

Called up share capital 
  
108,000
108,000

Profit and loss account
  
1,246,392
1,264,789

Shareholder's funds
  
1,354,392
1,372,789


1

 
Ward Bros (Durham) Limited

    
Balance sheet (continued)
At 30 April 2024

The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 14 January 2025.




AM Ward
Director

Company registered number: 01005699
The notes on pages 3 to 5 form part of these financial statements. 

2

 
Ward Bros (Durham) Limited
 
 

Notes to the financial statements
Year ended 30 April 2024

1.


General information

The company is a private company limited by shares, incorporated and domiciled in England and Wales. The address of the registered office is Thistle Road, Littleburn Industrial Estate, Langley Moor, Durham, DH7 8HZ.

2.Accounting policies

 
2.1

Statement of compliance

The financial statements have been prepared in accordance with Section 1A of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland' (FRS 102) and he Companies Act 2006.

 
2.2

Revenue

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably

 
2.3

Current and deferred taxation

Deferred tax is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes.  Deferred tax assets are recognised when it is more likely than not that they will be recovered.  The company has not adopted a policy of discounting deferred tax assets and liabilities.  Deferred tax is measured using rates of tax that have been enacted or substantively enacted by the balance sheet date.

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Freehold property
-
2%
straight line
Plant and machinery
-
25%
reducing balance
Motor vehicles
-
25%
reducing balance
Office equipment
-
25%
reducing balance

 
2.5

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

3

 
Ward Bros (Durham) Limited
 
 

Notes to the financial statements
Year ended 30 April 2024

3.


Employees

2024
2023
£
£

Wages and salaries
72,290
98,099

Social security costs
1,872
1,837

Cost of defined contribution scheme
992
1,616

75,154
101,552


The average monthly number of employees, including directors, during the year was 3 (2023 - 3).


4.


Tangible fixed assets





Land and buildings
Plant and machinery
Motor vehicles
Office equipment
Total

£
£
£
£
£



Cost


At 1 May 2023
480,748
1,043,864
61,146
950
1,586,708


Additions
30,442
-
-
125
30,567



At 30 April 2024

511,190
1,043,864
61,146
1,075
1,617,275



Depreciation


At 1 May 2023
50,317
726,441
51,182
477
828,417


Charge for the year
17,574
79,356
2,491
113
99,534



At 30 April 2024

67,891
805,797
53,673
590
927,951



Net book value



At 30 April 2024
443,299
238,067
7,473
485
689,324



At 30 April 2023
430,431
317,423
9,964
473
758,291


5.


Debtors

2024
2023
£
£


Amounts owed by related parties
37,629
53,225

Other debtors
28,159
13,338

Prepayments and accrued income
6,834
100,326
4

 
Ward Bros (Durham) Limited
 
 

Notes to the financial statements
Year ended 30 April 2024

5.Debtors (continued)


72,622
166,889



6.


Creditors: amounts falling due within one year

2024
2023
£
£

Trade creditors
2,675
5,293

Other taxation and social security
8,375
2,932

Other creditors
973
26,668

Accruals and deferred income
4,100
2,725

16,123
37,618



7.


Related party transactions

During the year an inter company account was operated between the company and Ward Bros. (Plant Hire) Limited to record normal trading transactions. At the year end the amount due from Ward Bros. (Plant Hire) Limited was £37,629 (2023 : £53,225).

 
5