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REGISTERED NUMBER: 00324511 (England and Wales)











Financial Statements

for the Year Ended 27th October 2024

for

REYNOLDS (WIMBLEDON) LIMITED

REYNOLDS (WIMBLEDON) LIMITED (REGISTERED NUMBER: 00324511)






Contents of the Financial Statements
for the year ended 27th October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


REYNOLDS (WIMBLEDON) LIMITED

Company Information
for the year ended 27th October 2024







DIRECTORS: Miss D M Clark
Miss P Clark





SECRETARY: Miss D M Clark





REGISTERED OFFICE: Redhill Chambers
2d High Street
Redhill
Surrey
RH1 1RJ





REGISTERED NUMBER: 00324511 (England and Wales)





ACCOUNTANTS: Cheeld Wheeler & Co
Chartered Certified Accountants
Redhill Chambers
2d High Street
Redhill
Surrey
RH1 1RJ

REYNOLDS (WIMBLEDON) LIMITED (REGISTERED NUMBER: 00324511)

Balance Sheet
27th October 2024

2024 2023
as restated
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 650,000 650,000

CURRENT ASSETS
Debtors 5 191,014 118,956
Cash at bank 151,458 144,621
342,472 263,577
CREDITORS
Amounts falling due within one year 6 90,752 58,889
NET CURRENT ASSETS 251,720 204,688
TOTAL ASSETS LESS CURRENT
LIABILITIES

901,720

854,688

PROVISIONS FOR LIABILITIES 136,775 136,775
NET ASSETS 764,945 717,913

CAPITAL AND RESERVES
Called up share capital 12,500 12,500
Revaluation reserve 7 410,328 410,328
Retained earnings 7 342,117 295,085
764,945 717,913

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 27th October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 27th October 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.

REYNOLDS (WIMBLEDON) LIMITED (REGISTERED NUMBER: 00324511)

Balance Sheet - continued
27th October 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 Board of Directors and authorised for issue on 3rd April 2025 and were signed on its behalf by:




Miss P Clark - Director



Miss D M Clark - Director


REYNOLDS (WIMBLEDON) LIMITED (REGISTERED NUMBER: 00324511)

Notes to the Financial Statements
for the year ended 27th October 2024

1. STATUTORY INFORMATION

Reynolds (Wimbledon) 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.

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

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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 1 ) .

REYNOLDS (WIMBLEDON) LIMITED (REGISTERED NUMBER: 00324511)

Notes to the Financial Statements - continued
for the year ended 27th October 2024

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST OR VALUATION
At 28th October 2023
and 27th October 2024 650,000
NET BOOK VALUE
At 27th October 2024 650,000
At 27th October 2023 650,000

Cost or valuation at 27th October 2024 is represented by:

Land and
buildings
£   
Valuation in 2023 547,103
Cost 102,897
650,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
as restated
£    £   
Amounts owed by associates 191,014 118,856
Directors' current accounts - 100
191,014 118,956

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
as restated
£    £   
Tax 21,602 41,260
Other creditors - 3,729
Directors' current accounts 64,950 -
Accrued expenses 4,200 13,900
90,752 58,889

REYNOLDS (WIMBLEDON) LIMITED (REGISTERED NUMBER: 00324511)

Notes to the Financial Statements - continued
for the year ended 27th October 2024

7. RESERVES
Retained Revaluation
earnings reserve Totals
£    £    £   

At 28th October 2023 295,085 410,328 705,413
Profit for the year 47,032 47,032
At 27th October 2024 342,117 410,328 752,445

8. RELATED PARTY DISCLOSURES

The shares in the company are controlled by the executors to the estate of the late G H Clark.

As at the balance sheet date, the company was owed £66,031 by Coombe Properties Limited and £124,983 by the Mount Propery Company Limited. Both companies are controlled by the executors of the estate of the late G H Clark.

The company owed the estate of Mr G H Clark £64,950 at the balance sheet date.