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REGISTERED NUMBER: 09155870 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

King Will's Wills Ltd

King Will's Wills Ltd (Registered number: 09155870)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

King Will's Wills Ltd

Company Information
for the Year Ended 31 July 2024







DIRECTOR: S Hasan





SECRETARY:





REGISTERED OFFICE: Unit 14 Elgar Business Centre
Moseley Road
Hallow
Worcester
WR2 6NJ





REGISTERED NUMBER: 09155870 (England and Wales)





ACCOUNTANTS: SW&A Accountants
Unit 14
Elgar Business Centre
Moseley Road
Worcester
Worcestershire
WR2 6NJ

King Will's Wills Ltd (Registered number: 09155870)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 13,176 -
Tangible assets 5 9,658 10,912
22,834 10,912

CURRENT ASSETS
Debtors 6 2,651 16,206
Cash at bank 4,247 44,877
6,898 61,083
CREDITORS
Amounts falling due within one year 7 25,263 68,303
NET CURRENT LIABILITIES (18,365 ) (7,220 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,469

3,692

PROVISIONS FOR LIABILITIES 4,338 2,073
NET ASSETS 131 1,619

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 31 1,519
131 1,619

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 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.

King Will's Wills Ltd (Registered number: 09155870)

Balance Sheet - continued
31 July 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 April 2025 and were signed by:





S Hasan - Director


King Will's Wills Ltd (Registered number: 09155870)

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

1. STATUTORY INFORMATION

King Will's Wills Ltd 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.

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

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.

Computer software is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on reducing balance, 25% on cost and 20% on cost

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.

King Will's Wills Ltd (Registered number: 09155870)

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

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

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

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
Additions 14,640
At 31 July 2024 14,640
AMORTISATION
Charge for year 1,464
At 31 July 2024 1,464
NET BOOK VALUE
At 31 July 2024 13,176

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2023 26,665
Additions 2,828
At 31 July 2024 29,493
DEPRECIATION
At 1 August 2023 15,753
Charge for year 4,082
At 31 July 2024 19,835
NET BOOK VALUE
At 31 July 2024 9,658
At 31 July 2023 10,912

King Will's Wills Ltd (Registered number: 09155870)

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

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Other debtors 2,651 16,206

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans and overdrafts 6,860 14,668
Trade creditors 1 -
Taxation and social security 18,284 16,311
Other creditors 118 37,324
25,263 68,303

King Will's Wills Ltd

Report of the Accountants to the Director of
King Will's Wills Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 July 2024 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






SW&A Accountants
Unit 14
Elgar Business Centre
Moseley Road
Worcester
Worcestershire
WR2 6NJ


Date: .............................................