IRIS Accounts Production v24.3.2.46 06769488 Board of Directors 1.10.23 30.9.24 30.9.24 true false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh067694882023-09-30067694882024-09-30067694882023-10-012024-09-30067694882022-09-30067694882022-10-012023-09-30067694882023-09-3006769488ns15:EnglandWales2023-10-012024-09-3006769488ns14:PoundSterling2023-10-012024-09-3006769488ns10:Director12023-10-012024-09-3006769488ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3006769488ns10:SmallEntities2023-10-012024-09-3006769488ns10:AuditExempt-NoAccountantsReport2023-10-012024-09-3006769488ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3006769488ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3006769488ns10:FullAccounts2023-10-012024-09-3006769488ns10:Director22023-10-012024-09-3006769488ns10:Director32023-10-012024-09-3006769488ns10:CompanySecretary12023-10-012024-09-3006769488ns10:RegisteredOffice2023-10-012024-09-3006769488ns5:CurrentFinancialInstruments2024-09-3006769488ns5:CurrentFinancialInstruments2023-09-3006769488ns5:Non-currentFinancialInstruments2024-09-3006769488ns5:Non-currentFinancialInstruments2023-09-3006769488ns5:ShareCapital2024-09-3006769488ns5:ShareCapital2023-09-3006769488ns5:SharePremium2024-09-3006769488ns5:SharePremium2023-09-3006769488ns5:CapitalRedemptionReserve2024-09-3006769488ns5:CapitalRedemptionReserve2023-09-3006769488ns5:RetainedEarningsAccumulatedLosses2024-09-3006769488ns5:RetainedEarningsAccumulatedLosses2023-09-3006769488ns5:LandBuildingsns5:ShortLeaseholdAssets2023-10-012024-09-3006769488ns5:PlantMachinery2023-10-012024-09-3006769488ns5:FurnitureFittings2023-10-012024-09-3006769488ns5:MotorVehicles2023-10-012024-09-3006769488ns5:LandBuildingsns5:ShortLeaseholdAssets2023-09-3006769488ns5:PlantMachinery2023-09-3006769488ns5:FurnitureFittings2023-09-3006769488ns5:MotorVehicles2023-09-3006769488ns5:LandBuildingsns5:ShortLeaseholdAssets2024-09-3006769488ns5:PlantMachinery2024-09-3006769488ns5:FurnitureFittings2024-09-3006769488ns5:MotorVehicles2024-09-3006769488ns5:LandBuildingsns5:ShortLeaseholdAssets2023-09-3006769488ns5:PlantMachinery2023-09-3006769488ns5:FurnitureFittings2023-09-3006769488ns5:MotorVehicles2023-09-3006769488ns5:CostValuation2023-09-3006769488ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3006769488ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-3006769488ns5:Secured2024-09-3006769488ns5:Secured2023-09-3006769488ns5:RetainedEarningsAccumulatedLosses2023-09-3006769488ns5:SharePremium2023-09-3006769488ns5:CapitalRedemptionReserve2023-09-3006769488ns5:RetainedEarningsAccumulatedLosses2023-10-012024-09-30
REGISTERED NUMBER: 06769488 (England and Wales)








Unaudited Financial Statements

for the Year Ended

30 September 2024

for

Witley Jones Holdings Limited

Witley Jones Holdings Limited (Registered number: 06769488)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Witley Jones Holdings Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: C Jones
Mrs J A Jones
S C Downes





SECRETARY: Mrs J A Jones





REGISTERED OFFICE: Beech House
Barracks Road
Sandy Lane Industrial Estate
Stourport-on-Severn
Worcestershire
DY13 9QA





REGISTERED NUMBER: 06769488 (England and Wales)





ACCOUNTANTS: Nicklin Accountancy Services Limited
Church Court
Stourbridge Road
Halesowen
West Midlands
B63 3TT

Witley Jones Holdings Limited (Registered number: 06769488)

Balance Sheet
30 September 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 244,322 311,520
Investments 5 89 89
244,411 311,609

CURRENT ASSETS
Debtors 6 94,595 87,124
Cash at bank and in hand 712 1,173
95,307 88,297
CREDITORS
Amounts falling due within one year 7 95,699 119,428
NET CURRENT LIABILITIES (392 ) (31,131 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

244,019

280,478

CREDITORS
Amounts falling due after more than one year 8 (116,826 ) (151,439 )

PROVISIONS FOR LIABILITIES (33,500 ) (35,900 )
NET ASSETS 93,693 93,139

CAPITAL AND RESERVES
Called up share capital 130 130
Share premium 10 27,986 27,986
Capital redemption reserve 10 10 10
Retained earnings 10 65,567 65,013
SHAREHOLDERS' FUNDS 93,693 93,139

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

Witley Jones Holdings Limited (Registered number: 06769488)

Balance Sheet - continued
30 September 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 11 December 2024 and were signed on its behalf by:





C Jones - Director


Witley Jones Holdings Limited (Registered number: 06769488)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Witley Jones Holdings 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.

Preparation of consolidated financial statements
The financial statements contain information about Witley Jones Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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.
Short leasehold - 25% on reducing balance
Plant and machinery - 20% on reducing balance and 10% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at 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.

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.

Grants
Capital grants received are shown in the balance sheet as deferred income and are credited to the profit and loss account by instalments over the useful economic lives of the related assets and on bases consistent with the depreciation policies of those assets.

Revenue grants are offset against the related costs in the profit and loss account as the expense is incurred.

Witley Jones Holdings Limited (Registered number: 06769488)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and Motor
leasehold machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 October 2023 292,328 547,487 39,786 54,748 934,349
Disposals - (3,268 ) - (7,140 ) (10,408 )
At 30 September 2024 292,328 544,219 39,786 47,608 923,941
DEPRECIATION
At 1 October 2023 169,794 401,545 32,465 19,025 622,829
Charge for year 12,186 43,518 1,214 8,534 65,452
Eliminated on disposal - (3,110 ) - (5,552 ) (8,662 )
At 30 September 2024 181,980 441,953 33,679 22,007 679,619
NET BOOK VALUE
At 30 September 2024 110,348 102,266 6,107 25,601 244,322
At 30 September 2023 122,534 145,942 7,321 35,723 311,520


5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 October 2023
and 30 September 2024 89
NET BOOK VALUE
At 30 September 2024 89
At 30 September 2023 89

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 75,815 66,556
Other debtors 18,780 20,568
94,595 87,124

Witley Jones Holdings Limited (Registered number: 06769488)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 9,333 9,333
Hire purchase contracts 26,101 26,101
Trade creditors 624 -
Taxation and social security 12,903 13,322
Other creditors 46,738 70,672
95,699 119,428

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 50,805 59,317
Hire purchase contracts 66,021 92,122
116,826 151,439

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 13,472 21,984

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 60,138 68,650
Hire purchase contracts 92,122 118,223
152,260 186,873

10. RESERVES
Capital
Retained Share redemption
earnings premium reserve Totals
£    £    £    £   

At 1 October 2023 65,013 27,986 10 93,009
Profit for the year 121,272 121,272
Dividends (120,718 ) (120,718 )
At 30 September 2024 65,567 27,986 10 93,563

11. RELATED PARTY DISCLOSURES

The amount due to the directors at the year end was £7,500 (2023: £nil).