Walter Shaw & Son Limited 01183307 true 2023-10-01 2024-09-30 2024-09-30 The principal activity of the company is that of a dormant company Digita Accounts Production Advanced 6.30.9574.0 true R Matthews D Matthews 01183307 2023-10-01 2024-09-30 01183307 2024-09-30 01183307 bus:FRS102 2023-10-01 2024-09-30 01183307 bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 01183307 bus:FullAccounts 2023-10-01 2024-09-30 01183307 bus:RegisteredOffice 2023-10-01 2024-09-30 01183307 bus:Director1 2023-10-01 2024-09-30 01183307 bus:Director2 2023-10-01 2024-09-30 01183307 bus:EntityNoLongerTradingButTradedInPast 2023-10-01 2024-09-30 01183307 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 01183307 countries:EnglandWales 2023-10-01 2024-09-30

Walter Shaw & Son Limited

Annual Report and Unaudited Financial Statements
Year Ended 30 September 2024

Registration number: 01183307

 

Walter Shaw & Son Limited

Balance Sheet as at 30 September 2024

2024
£

2023
£

Capital and reserves

Called up share capital

(32,304)

32,304

Profit and loss account

32,304

(32,304)

Shareholders' funds/(deficit)

-

-

For the financial year ending 30 September 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the Board on 3 March 2025 and signed on its behalf by:
 

.........................................

R Matthews

Director

Company Registration Number: 01183307

 

Walter Shaw & Son Limited

Notes to the Unaudited Financial Statements

Year Ended 30 September 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
78-86 Nuffield Road
Poole
Dorset
BH17 0RS

These financial statements were authorised for issue by the Board on 3 March 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

Walter Shaw & Son Limited

Notes to the Unaudited Financial Statements

Year Ended 30 September 2024

Financial instruments

Classification
The company holds the following financial instruments:

• Short term trade and other debtors and creditors;
• Bank loans; and
• Cash and bank balances.

All financial instruments are classified as basic.

 Recognition and measurement
The company has chosen to apply the recognition and measurement principles in FRS102.

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company’s obligations are discharged, expire or are cancelled.

Except for bank loans, such instruments are initially measured at transaction price, including transaction costs, and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.

Bank loans are initially measured at transaction price, including transaction costs, and are subsequently carried at amortised cost using the effective interest method.