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REGISTERED NUMBER: 06302973 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

William Stanley Limited

William Stanley Limited (Registered number: 06302973)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


William Stanley Limited

Company Information
for the Year Ended 31 May 2024







DIRECTOR: A P Edwards





SECRETARY: A P Edwards





REGISTERED OFFICE: Kemp House
160 City Road
London
EC1V 2NX





REGISTERED NUMBER: 06302973 (England and Wales)





ACCOUNTANTS: Pride Accountants
Polymer Court
Hope Street
Dudley
West Midlands
DY2 8RS

William Stanley Limited (Registered number: 06302973)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 11 16

CURRENT ASSETS
Cash at bank 245,680 158,189

CREDITORS
Amounts falling due within one year 5 110,064 79,898
NET CURRENT ASSETS 135,616 78,291
TOTAL ASSETS LESS CURRENT
LIABILITIES

135,627

78,307

CREDITORS
Amounts falling due after more than one
year

6

(3,680

)

(5,601

)

PROVISIONS FOR LIABILITIES 7 (2 ) (3 )
NET ASSETS 131,945 72,703

CAPITAL AND RESERVES
Called up share capital 8 60 60
Retained earnings 131,885 72,643
SHAREHOLDERS' FUNDS 131,945 72,703

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

William Stanley Limited (Registered number: 06302973)

Balance Sheet - continued
31 May 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 10 February 2025 and were signed by:





A P Edwards - Director


William Stanley Limited (Registered number: 06302973)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

William Stanley 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

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

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

William Stanley Limited (Registered number: 06302973)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

4. TANGIBLE FIXED ASSETS
Office
equipment
£   
COST
At 1 June 2023
and 31 May 2024 2,228
DEPRECIATION
At 1 June 2023 2,212
Charge for year 5
At 31 May 2024 2,217
NET BOOK VALUE
At 31 May 2024 11
At 31 May 2023 16

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans and overdrafts 1,920 1,920
Taxation and social security 59,582 31,166
Other creditors 48,562 46,812
110,064 79,898

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.24 31.5.23
£    £   
Bank loans 3,680 5,601

7. PROVISIONS FOR LIABILITIES
31.5.24 31.5.23
£    £   
Deferred tax 2 3

Deferred
tax
£   
Balance at 1 June 2023 3
Provided during year (1 )
Balance at 31 May 2024 2

William Stanley Limited (Registered number: 06302973)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.24 31.5.23
value: £    £   
60 Ordinary £1 60 60

9. ULTIMATE CONTROLLING PARTY

The company is under the control of its director, Mr A P Edwards, as he owns all of the issued share capital.