IRIS Accounts Production v25.1.3.33 08270638 Board of Directors Board of Directors Board of Directors 1.11.23 31.10.24 31.10.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh082706382023-10-31082706382024-10-31082706382023-11-012024-10-31082706382022-10-31082706382022-11-012023-10-31082706382023-10-3108270638ns15:EnglandWales2023-11-012024-10-3108270638ns14:PoundSterling2023-11-012024-10-3108270638ns10:Director12023-11-012024-10-3108270638ns10:Director22023-11-012024-10-3108270638ns10:Director32023-11-012024-10-3108270638ns10:PrivateLimitedCompanyLtd2023-11-012024-10-3108270638ns10:SmallEntities2023-11-012024-10-3108270638ns10:AuditExempt-NoAccountantsReport2023-11-012024-10-3108270638ns10:SmallCompaniesRegimeForDirectorsReport2023-11-012024-10-3108270638ns10:SmallCompaniesRegimeForAccounts2023-11-012024-10-3108270638ns10:AbridgedAccounts2023-11-012024-10-3108270638ns5:CurrentFinancialInstruments2024-10-3108270638ns5:CurrentFinancialInstruments2023-10-3108270638ns5:Non-currentFinancialInstruments2024-10-3108270638ns5:Non-currentFinancialInstruments2023-10-3108270638ns5:ShareCapital2024-10-3108270638ns5:ShareCapital2023-10-3108270638ns5:RetainedEarningsAccumulatedLosses2024-10-3108270638ns5:RetainedEarningsAccumulatedLosses2023-10-3108270638ns10:RegisteredOffice2023-11-012024-10-3108270638ns5:PlantMachinery2023-11-012024-10-3108270638ns5:FurnitureFittings2023-11-012024-10-3108270638ns5:MotorVehicles2023-11-012024-10-31
REGISTERED NUMBER: 08270638 (England and Wales)















ABRIDGED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

W G DODDS & SON LIMITED

W G DODDS & SON LIMITED (REGISTERED NUMBER: 08270638)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024










Page

Abridged Balance Sheet 1

Notes to the Financial Statements 3


W G DODDS & SON LIMITED (REGISTERED NUMBER: 08270638)

ABRIDGED BALANCE SHEET
31 OCTOBER 2024

2024 2023
Notes £ £ £
FIXED ASSETS
Tangible assets 4 148,297 89,374

CURRENT ASSETS
Stocks 85,418 75,798
Debtors 3,257 15,153
Cash at bank 82,850 92,696
171,525 183,647
CREDITORS
Amounts falling due within one year 188,304 146,824
NET CURRENT (LIABILITIES)/ASSETS (16,779 ) 36,823
TOTAL ASSETS LESS CURRENT
LIABILITIES

131,518

126,197

CREDITORS
Amounts falling due after more than one
year

(73,453

)

(31,775

)

PROVISIONS FOR LIABILITIES (16,917 ) (16,981 )
NET ASSETS 41,148 77,441

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 41,048 77,341
SHAREHOLDERS' FUNDS 41,148 77,441

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

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

W G DODDS & SON LIMITED (REGISTERED NUMBER: 08270638)

ABRIDGED BALANCE SHEET - continued
31 OCTOBER 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 31 October 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 11 May 2025 and were signed on its behalf by:




Mr P. M. Dodds - Director Mrs J. Dodds - Director




Mr R. D. Dodds - Director


W G DODDS & SON LIMITED (REGISTERED NUMBER: 08270638)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024


1. STATUTORY INFORMATION

W G Dodds & Son Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 08270638

Registered office: The Sawmill
Bowesfield Lane Industrial Estate
Bowesfield Lane
Stockton-on-Tees
TS18 3HJ

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

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

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.


W G DODDS & SON LIMITED (REGISTERED NUMBER: 08270638)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024


2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 9 (2023 - 10 ) .

4. TANGIBLE FIXED ASSETS
Totals
£
COST
At 1 November 2023 186,030
Additions 123,951
Disposals (65,961 )
At 31 October 2024 244,020
DEPRECIATION
At 1 November 2023 96,656
Charge for year 24,862
Eliminated on disposal (25,795 )
At 31 October 2024 95,723
NET BOOK VALUE
At 31 October 2024 148,297
At 31 October 2023 89,374

W G DODDS & SON LIMITED (REGISTERED NUMBER: 08270638)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£
COST
At 1 November 2023
and 31 October 2024 112,961
DEPRECIATION
At 1 November 2023 39,439
Charge for year 5,646
At 31 October 2024 45,085
NET BOOK VALUE
At 31 October 2024 67,876
At 31 October 2023 73,522

5. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£ £
Hire purchase contracts 101,898 31,097