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REGISTERED NUMBER: 08766051 (England and Wales)














WORTON ROCK (KIDDERMINSTER) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH APRIL 2024






WORTON ROCK (KIDDERMINSTER) LIMITED (REGISTERED NUMBER: 08766051)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WORTON ROCK (KIDDERMINSTER) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH APRIL 2024







DIRECTOR: T J Pemberton





REGISTERED OFFICE: 402-403 Stourport Road
Kidderminster
Worcestershire
DY11 7BG





REGISTERED NUMBER: 08766051 (England and Wales)





ACCOUNTANTS: Worton Rock (Kidderminster) Limited
Chartered Accountants
Beauchamp House
402/403 Stourport Road
Kidderminster
Worcestershire
DY11 7BG

WORTON ROCK (KIDDERMINSTER) LIMITED (REGISTERED NUMBER: 08766051)

BALANCE SHEET
30TH APRIL 2024

2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible assets 4 232,639 279,167
Tangible assets 5 12,054 8,784
244,693 287,951

CURRENT ASSETS
Work in progress 18,134 16,807
Debtors 6 322,867 235,690
Cash in hand 1,347 825
342,348 253,322
CREDITORS
Amounts falling due within one year 7 215,409 196,985
NET CURRENT ASSETS 126,939 56,337
TOTAL ASSETS LESS CURRENT
LIABILITIES

371,632

344,288

CREDITORS
Amounts falling due after more than one
year

8

(62,832

)

(110,186

)

PROVISIONS FOR LIABILITIES (3,014 ) (1,712 )
NET ASSETS 305,786 232,390

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 305,686 232,290
SHAREHOLDERS' FUNDS 305,786 232,390

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

WORTON ROCK (KIDDERMINSTER) LIMITED (REGISTERED NUMBER: 08766051)

BALANCE SHEET - continued
30TH APRIL 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 director and authorised for issue on 3rd January 2025 and were signed by:





T J Pemberton - Director


WORTON ROCK (KIDDERMINSTER) LIMITED (REGISTERED NUMBER: 08766051)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2024

1. STATUTORY INFORMATION

Worton Rock (Kidderminster) 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.

Goodwill
Goodwill, being the amounts paid in connection with the acquisition of businesses in 2014 and 2020 is being amortised evenly over its estimated useful life of fifteen and nine years respectively.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Computer equipment - 33% on 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

WORTON ROCK (KIDDERMINSTER) LIMITED (REGISTERED NUMBER: 08766051)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2023 - 11 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£
COST
At 1st May 2023
and 30th April 2024 600,000
AMORTISATION
At 1st May 2023 320,833
Amortisation for year 46,528
At 30th April 2024 367,361
NET BOOK VALUE
At 30th April 2024 232,639
At 30th April 2023 279,167

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£ £ £
COST
At 1st May 2023 12,130 20,340 32,470
Additions - 7,770 7,770
At 30th April 2024 12,130 28,110 40,240
DEPRECIATION
At 1st May 2023 5,392 18,294 23,686
Charge for year 1,011 3,489 4,500
At 30th April 2024 6,403 21,783 28,186
NET BOOK VALUE
At 30th April 2024 5,727 6,327 12,054
At 30th April 2023 6,738 2,046 8,784

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 194,519 220,908
Other debtors 109,874 -
Prepayments 18,474 14,782
322,867 235,690

WORTON ROCK (KIDDERMINSTER) LIMITED (REGISTERED NUMBER: 08766051)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Bank loans and overdrafts 66,097 47,006
Trade creditors 1,992 16,296
Tax 88,969 77,332
Social security and other taxes - 3,016
VAT 52,751 53,335
Other creditors 5,600 -
215,409 196,985

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£ £
Bank loans 11,436 21,646
Other loans 44,150 79,590
Directors' loan accounts 7,246 8,950
62,832 110,186

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£ £
Bank overdrafts 55,933 37,082
Bank loans 21,600 31,570
77,533 68,652

The bank loan and overdraft are secured by way of a fixed an floating charge over the Company's assets in favour of HSBC.