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REGISTERED NUMBER: 06848515 (England and Wales)
























Unaudited Financial Statements for the Year Ended 31 December 2024

for

Drewery & Wheeldon Estate Agents Ltd

Drewery & Wheeldon Estate Agents Ltd (Registered number: 06848515)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Drewery & Wheeldon Estate Agents Ltd

Company Information
for the Year Ended 31 December 2024







DIRECTORS: D W Jackson
Mrs S A Jackson
Mrs E N Page
G R Leeder





REGISTERED OFFICE: Linden Cottage
Kings Gardens
Grantham
Lincolnshire
NG31 8TY





REGISTERED NUMBER: 06848515 (England and Wales)





ACCOUNTANTS: Jackson JMR Limited
Suites 48-49
Autumn Park Business Centre
Dysart Road
Grantham
Lincolnshire
NG31 7EU

Drewery & Wheeldon Estate Agents Ltd (Registered number: 06848515)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 12,000 12,000
Tangible assets 5 6,000 9,307
Investments 6 45,000 -
63,000 21,307

CURRENT ASSETS
Debtors 7 38,934 12,972
Prepayments and accrued income 7,676 2,819
Cash at bank and in hand 237,491 322,013
284,101 337,804
CREDITORS
Amounts falling due within one year 8 141,184 121,718
NET CURRENT ASSETS 142,917 216,086
TOTAL ASSETS LESS CURRENT
LIABILITIES

205,917

237,393

CREDITORS
Amounts falling due after more than one
year

9

144,433

165,883
NET ASSETS 61,484 71,510

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 60,484 70,510
SHAREHOLDERS' FUNDS 61,484 71,510

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

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

Drewery & Wheeldon Estate Agents Ltd (Registered number: 06848515)

Balance Sheet - continued
31 December 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 12 February 2025 and were signed on its behalf by:





D W Jackson - Director


Drewery & Wheeldon Estate Agents Ltd (Registered number: 06848515)

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

1. STATUTORY INFORMATION

Drewery & Wheeldon Estate Agents Ltd 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.

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.
Plant and machinery etc - 20% on reducing balance and 20% 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2023 - 12 ) .

Drewery & Wheeldon Estate Agents Ltd (Registered number: 06848515)

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2024
and 31 December 2024 12,000
NET BOOK VALUE
At 31 December 2024 12,000
At 31 December 2023 12,000

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024
and 31 December 2024 33,373
DEPRECIATION
At 1 January 2024 24,066
Charge for year 3,307
At 31 December 2024 27,373
NET BOOK VALUE
At 31 December 2024 6,000
At 31 December 2023 9,307

6. FIXED ASSET INVESTMENTS
Other
loans
£   
New in year 45,000
At 31 December 2024 45,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 32,841 12,972
Other debtors 6,093 -
38,934 12,972

Drewery & Wheeldon Estate Agents Ltd (Registered number: 06848515)

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

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans and overdrafts 10,644 10,644
Trade creditors 48,469 13,441
Taxation and social security 61,310 89,320
Other creditors 20,761 8,313
141,184 121,718

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.24 31.12.23
£    £   
Bank loans 3,522 13,522
Other creditors 140,911 152,361
144,433 165,883

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Other loans more 5yrs non-inst 136,261 136,261