Warters & Co Ltd |
Notes to the Accounts |
for the year ended 30 April 2025 |
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1 |
Accounting policies |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
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Debtors |
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Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
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2 |
Employees |
2025 |
|
2024 |
Number |
Number |
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Average number of persons employed by the company |
2 |
|
2 |
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3 |
Intangible fixed assets |
£ |
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Goodwill: |
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Cost |
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At 1 May 2024 |
71,537 |
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At 30 April 2025 |
71,537 |
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Amortisation |
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At 1 May 2024 |
71,537 |
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At 30 April 2025 |
71,537 |
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Net book value |
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At 30 April 2025 |
- |
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Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years. |
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4 |
Tangible fixed assets |
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Land and buildings |
£ |
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Cost |
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At 1 May 2024 |
1,028 |
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At 30 April 2025 |
1,028 |
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Depreciation |
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At 1 May 2024 |
663 |
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Charge for the year |
91 |
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At 30 April 2025 |
754 |
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Net book value |
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At 30 April 2025 |
274 |
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At 30 April 2024 |
365 |
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5 |
Debtors |
2025 |
|
2024 |
£ |
£ |
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Trade debtors |
14,608 |
|
14,175 |
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6 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
£ |
£ |
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Non-equity preference shares |
1,830 |
|
- |
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Taxation and social security costs |
27,386 |
|
27,165 |
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|
|
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|
29,216 |
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27,165 |
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7 |
Other information |
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Warters & Co Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
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1 Cold Spring House |
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Haworth Road |
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Cullingworth |
|
BD13 5EL |