Registered number
04743413
William Holland Ltd
Unaudited Filleted Accounts
30 April 2024
William Holland Ltd
Registered number: 04743413
Balance Sheet
as at 30 April 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 44,742 63,675
Current assets
Stocks 540,190 615,530
Debtors 4 488,845 571,833
Cash at bank and in hand 219,562 68,876
1,248,597 1,256,239
Creditors: amounts falling due within one year 5 (135,778) (174,847)
Net current assets 1,112,819 1,081,392
Net assets 1,157,561 1,145,067
Capital and reserves
Called up share capital 100 1
Profit and loss account 1,157,461 1,145,066
Shareholder's funds 1,157,561 1,145,067
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
W G Murphy
Director
Approved by the board on 27 January 2025
William Holland Ltd
Notes to the Accounts
for the year ended 30 April 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 5 years
Motor vehicles over 5 years
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 9 10
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 May 2023 130,223 50,360 180,583
Additions 5,300 - 5,300
At 30 April 2024 135,523 50,360 185,883
Depreciation
At 1 May 2023 86,690 30,218 116,908
Charge for the year 20,855 3,378 24,233
At 30 April 2024 107,545 33,596 141,141
Net book value
At 30 April 2024 27,978 16,764 44,742
At 30 April 2023 43,533 20,142 63,675
4 Debtors 2024 2023
£ £
Trade debtors 237,333 159,833
Other debtors 251,512 412,000
488,845 571,833
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 17,968 15,087
Taxation and social security costs 97,643 90,726
Other creditors 20,167 69,034
135,778 174,847
6 Controlling party
The company is controlled by its' director, the majority shareholder.
7 Other information
William Holland Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Lower Farm Buildings
Herrison Road
Dorchester
Dorset
DT2 9RJ
William Holland Ltd 04743413 false 2023-05-01 2024-04-30 2024-04-30 VT Final Accounts July 2024 W G Murphy No description of principal activity 04743413 2022-05-01 2023-04-30 04743413 core:WithinOneYear 2023-04-30 04743413 core:ShareCapital 2023-04-30 04743413 core:RetainedEarningsAccumulatedLosses 2023-04-30 04743413 2023-05-01 2024-04-30 04743413 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 04743413 bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 04743413 bus:Director40 2023-05-01 2024-04-30 04743413 core:PlantMachinery 2023-05-01 2024-04-30 04743413 core:Vehicles 2023-05-01 2024-04-30 04743413 countries:England 2023-05-01 2024-04-30 04743413 bus:FRS102 2023-05-01 2024-04-30 04743413 bus:FilletedAccounts 2023-05-01 2024-04-30 04743413 2024-04-30 04743413 core:WithinOneYear 2024-04-30 04743413 core:ShareCapital 2024-04-30 04743413 core:RetainedEarningsAccumulatedLosses 2024-04-30 04743413 core:PlantMachinery 2024-04-30 04743413 core:Vehicles 2024-04-30 04743413 2023-04-30 04743413 core:PlantMachinery 2023-04-30 04743413 core:Vehicles 2023-04-30 iso4217:GBP xbrli:pure