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REGISTERED NUMBER: SC369528 (Scotland)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Williams And Barry Ltd.

Williams And Barry Ltd. (Registered number: SC369528)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Williams And Barry Ltd.

Company Information
for the Year Ended 30 June 2024







DIRECTOR: Christian Barry





REGISTERED OFFICE: 25 Sandyford Place
Glasgow
G3 7NG





REGISTERED NUMBER: SC369528 (Scotland)





ACCOUNTANTS: Stevenson & Kyles
Chartered Accountants
25 Sandyford Place
Glasgow
G3 7NG

Williams And Barry Ltd. (Registered number: SC369528)

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 358,506 421,773
Tangible assets 5 25,938 3,868
384,444 425,641

CURRENT ASSETS
Stock 73,853 64,627
Debtors 6 1,755,839 1,736,936
Cash at bank and in hand 125,321 2,627
1,955,013 1,804,190
CREDITORS
Amounts falling due within one year 7 1,204,609 1,200,755
NET CURRENT ASSETS 750,404 603,435
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,134,848

1,029,076

PROVISIONS FOR LIABILITIES 8 6,485 967
NET ASSETS 1,128,363 1,028,109

CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Retained earnings 1,127,363 1,027,109
SHAREHOLDERS' FUNDS 1,128,363 1,028,109

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

Williams And Barry Ltd. (Registered number: SC369528)

Balance Sheet - continued
30 June 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 March 2025 and were signed by:





Christian Barry - Director


Williams And Barry Ltd. (Registered number: SC369528)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Williams And Barry Ltd. is a private company, limited by shares , registered in Scotland. 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of twenty years.

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.
Fittings and equipment - 15% on cost

Stocks
Stock are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
Basic financial instruments, including debtors and creditors with no stated interest rate and receivable or payable within one year, are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in administrative expenses.


Williams And Barry Ltd. (Registered number: SC369528)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Grant income
Where applicable, grants from the government are recognised at their fair value where there is a reasonable assurance that the grant will be received and that the company will comply with all attached conditions. Where the grant income relates to a particular expense item, the grant income is recognised in the profit and loss account over the same period as the expense it is intended to compensate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 9 ) .

Williams And Barry Ltd. (Registered number: SC369528)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 July 2023
and 30 June 2024 1,265,332
AMORTISATION
At 1 July 2023 843,559
Amortisation for year 63,267
At 30 June 2024 906,826
NET BOOK VALUE
At 30 June 2024 358,506
At 30 June 2023 421,773

5. TANGIBLE FIXED ASSETS
Fittings
and Motor Computer
equipment vehicles equipment Totals
£    £    £    £   
COST
At 1 July 2023 28,961 - - 28,961
Additions - 19,381 9,815 29,196
At 30 June 2024 28,961 19,381 9,815 58,157
DEPRECIATION
At 1 July 2023 25,093 - - 25,093
Charge for year 1,055 3,769 2,302 7,126
At 30 June 2024 26,148 3,769 2,302 32,219
NET BOOK VALUE
At 30 June 2024 2,813 15,612 7,513 25,938
At 30 June 2023 3,868 - - 3,868

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 152,012 176,572
Amounts owed by group undertakings 1,495,270 1,515,443
Other debtors 108,557 44,921
1,755,839 1,736,936

Williams And Barry Ltd. (Registered number: SC369528)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 326,984 406,419
Amounts owed to group undertakings 721,811 721,811
Taxation and social security 58,435 34,775
Other creditors 97,379 37,750
1,204,609 1,200,755

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 6,485 967

Deferred
tax
£   
Balance at 1 July 2023 967
Provided during year 5,518
Balance at 30 June 2024 6,485

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1,000 Ordinary £1 1,000 1,000

10. CONTINGENT LIABILITIES

The company has provided a floating charge in favour of the Bank of Scotland in respect of the borrowings of its immediate parent company, EEL Healthcare Ltd.

11. ULTIMATE CONTROLLING PARTY

The company is controlled by Mr C J Barry by virtue of his shareholding in the ultimate parent company EEL Healthcare Ltd.