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REGISTERED NUMBER: 00198512 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

R.W. SPICER & CO. LIMITED

R.W. SPICER & CO. LIMITED (Registered number: 00198512)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


R.W. SPICER & CO. LIMITED

Company Information
for the Year Ended 31 July 2024







DIRECTORS: Reverend R P Spicer
R W Spicer





SECRETARY: R W Spicer





REGISTERED OFFICE: Tim O'Brien Accountants
The Green
Datchet
Slough
SL3 9AS





REGISTERED NUMBER: 00198512 (England and Wales)





ACCOUNTANTS: Tim O'Brien CA
The Green
Datchet
Berkshire
SL3 9AS

R.W. SPICER & CO. LIMITED (Registered number: 00198512)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 550,676 550,000
Investments 5 22,577 22,577
573,253 572,577

CURRENT ASSETS
Debtors 6 3,000 3,605
Cash at bank 30,727 27,780
33,727 31,385
CREDITORS
Amounts falling due within one year 7 25,910 25,087
NET CURRENT ASSETS 7,817 6,298
TOTAL ASSETS LESS CURRENT
LIABILITIES

581,070

578,875

CAPITAL AND RESERVES
Called up share capital 5,000 5,000
Revaluation reserve 8 359,221 359,221
Retained earnings 8 216,849 214,654
581,070 578,875

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

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

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 4 March 2025 and were signed on its behalf by:



Reverend R P Spicer - Director


R.W. SPICER & CO. LIMITED (Registered number: 00198512)

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

1. STATUTORY INFORMATION

R.W. SPICER & CO. 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.

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 as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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 2 (2023 - 2 ) .

R.W. SPICER & CO. LIMITED (Registered number: 00198512)

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

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1 August 2023 550,000 7,464 557,464
Additions - 844 844
At 31 July 2024 550,000 8,308 558,308
DEPRECIATION
At 1 August 2023 - 7,464 7,464
Charge for year - 168 168
At 31 July 2024 - 7,632 7,632
NET BOOK VALUE
At 31 July 2024 550,000 676 550,676
At 31 July 2023 550,000 - 550,000

Included in cost or valuation of land and buildings is freehold land of £ 550,000 (2023 - £ 550,000 ) which is not depreciated.

Cost or valuation at 31 July 2024 is represented by:

Plant and
Land and machinery
buildings etc Totals
£    £    £   
Cost 550,000 8,308 558,308

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 August 2023
and 31 July 2024 22,942
PROVISIONS
At 1 August 2023
and 31 July 2024 365
NET BOOK VALUE
At 31 July 2024 22,577
At 31 July 2023 22,577

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 3,000 3,605

R.W. SPICER & CO. LIMITED (Registered number: 00198512)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Taxation and social security 5,423 5,629
Other creditors 20,487 19,458
25,910 25,087

8. RESERVES
Retained Revaluation
earnings reserve Totals
£    £    £   

At 1 August 2023 214,654 359,221 573,875
Profit for the year 25,095 25,095
Dividends (22,900 ) (22,900 )
At 31 July 2024 216,849 359,221 576,070