WARWICK DEVELOPMENT LIMITED

Company Registration Number:
03870393 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2024

Period of accounts

Start date: 1 November 2023

End date: 31 October 2024

WARWICK DEVELOPMENT LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

WARWICK DEVELOPMENT LIMITED

Directors' report period ended 31 October 2024

The directors present their report with the financial statements of the company for the period ended 31 October 2024

Principal activities of the company

manufacture and supply of double glazing products



Directors

The director shown below has held office during the whole of the period from
1 November 2023 to 31 October 2024

Debby Lewis


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
4 February 2025

And signed on behalf of the board by:
Name: Debby Lewis
Status: Director

WARWICK DEVELOPMENT LIMITED

Profit And Loss Account

for the Period Ended 31 October 2024

2024 2023


£

£
Turnover: 5,712,363 5,530,356
Cost of sales: ( 3,865,883 ) ( 3,703,261 )
Gross profit(or loss): 1,846,480 1,827,095
Administrative expenses: ( 1,040,521 ) ( 794,074 )
Other operating income: 87,474 34,097
Operating profit(or loss): 893,433 1,067,118
Profit(or loss) before tax: 893,433 1,067,118
Tax: ( 181,667 ) ( 244,311 )
Profit(or loss) for the financial year: 711,766 822,807

WARWICK DEVELOPMENT LIMITED

Balance sheet

As at 31 October 2024

Notes 2024 2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Tangible assets: 3 808,268 705,931
Total fixed assets: 808,268 705,931
Current assets
Stocks: 4 490,216 450,166
Debtors: 5 176,615 115,452
Cash at bank and in hand: 1,623,051 2,028,760
Total current assets: 2,289,882 2,594,378
Creditors: amounts falling due within one year: 6 ( 797,145 ) ( 1,245,588 )
Net current assets (liabilities): 1,492,737 1,348,790
Total assets less current liabilities: 2,301,005 2,054,721
Creditors: amounts falling due after more than one year: 7 ( 161,153 ) ( 240,800 )
Total net assets (liabilities): 2,139,852 1,813,921
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 2,139,850 1,813,919
Total Shareholders' funds: 2,139,852 1,813,921

The notes form part of these financial statements

WARWICK DEVELOPMENT LIMITED

Balance sheet statements

For the year ending 31 October 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 4 February 2025
and signed on behalf of the board by:

Name: Debby Lewis
Status: Director

The notes form part of these financial statements

WARWICK DEVELOPMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

WARWICK DEVELOPMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 46 48

WARWICK DEVELOPMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 November 2023 7,375 947,815 44,762 118,566 1,118,518
Additions 105,735 36,981 20,996 163,712
Disposals
Revaluations
Transfers
At 31 October 2024 7,375 1,053,550 81,743 139,562 1,282,230
Depreciation
At 1 November 2023 285,388 42,493 84,706 412,587
Charge for year 45,439 2,662 13,274 61,375
On disposals
Other adjustments
At 31 October 2024 330,827 45,155 97,980 473,962
Net book value
At 31 October 2024 7,375 722,723 36,588 41,582 808,268
At 31 October 2023 7,375 662,427 2,269 33,860 705,931

WARWICK DEVELOPMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

4. Stocks

2024 2023
£ £
Stocks 490,216 450,166
Total 490,216 450,166

WARWICK DEVELOPMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

5. Debtors

2024 2023
£ £
Trade debtors 162,128 97,196
Other debtors 14,487 18,256
Total 176,615 115,452

WARWICK DEVELOPMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Amounts due under finance leases and hire purchase contracts 76,271 97,710
Trade creditors 429,369 695,214
Taxation and social security 277,077 447,281
Accruals and deferred income 14,428 5,383
Total 797,145 1,245,588

WARWICK DEVELOPMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

7. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Amounts due under finance leases and hire purchase contracts 161,153 237,024
Other creditors 3,776
Total 161,153 240,800