Company registration number 10394484 (England and Wales)
CWH ENTERPRISES LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
PAGES FOR FILING WITH REGISTRAR
CWH ENTERPRISES LTD
COMPANY INFORMATION
Director
Mr C Wilkinson-Humby
Company number
10394484
Registered office
13 Packington Road
Droitwich
Worcestershire
WR9 8JN
Accountants
Ormerod Rutter Limited
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
Bankers
Lloyds Bank Plc
25 Gresham Street
London
EC2V 7HN
CWH ENTERPRISES LTD
CONTENTS
Page
Accountants' report
1
Balance sheet
2 - 3
Notes to the financial statements
4 - 7
CWH ENTERPRISES LTD
ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF CWH ENTERPRISES LTD FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of CWH Enterprises Ltd for the year ended 30 September 2024 which comprise, the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.

 

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made solely to the board of directors of CWH Enterprises Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of CWH Enterprises Ltd and state those matters that we have agreed to state to the board of directors of CWH Enterprises Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than CWH Enterprises Ltd and its board of directors as a body, for our work or for this report.

It is your duty to ensure that CWH Enterprises Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of CWH Enterprises Ltd. You consider that CWH Enterprises Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of CWH Enterprises Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Ormerod Rutter Limited
12 March 2025
Chartered Accountants
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
CWH ENTERPRISES LTD
BALANCE SHEET
AS AT 30 SEPTEMBER 2024
30 September 2024
- 2 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
10,703
14,656
Investment property
4
195,751
195,751
206,454
210,407
Current assets
Debtors
5
5,002
6,882
Cash at bank and in hand
6,928
13,558
11,930
20,440
Creditors: amounts falling due within one year
6
(16,026)
(20,061)
Net current (liabilities)/assets
(4,096)
379
Total assets less current liabilities
202,358
210,786
Creditors: amounts falling due after more than one year
7
(146,986)
(150,754)
Provisions for liabilities
9
(2,033)
(2,785)
Net assets
53,339
57,247
Capital and reserves
Called up share capital
10
1
1
Profit and loss reserves
53,338
57,246
Total equity
53,339
57,247

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

CWH ENTERPRISES LTD
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2024
30 September 2024
- 3 -
The financial statements were approved and signed by the director and authorised for issue on 12 March 2025
Mr C Wilkinson-Humby
Director
Company registration number 10394484 (England and Wales)
CWH ENTERPRISES LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 4 -
1
Accounting policies
Company information

CWH Enterprises Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 13 Packington Road, Droitwich, Worcestershire, England, WR9 8JN.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT.

Revenue from the provision of services is recognised by reference to the stage of completion, when the costs incurred and costs to complete can be estimated reliably.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and machinery
25% on reducing balance
Computer equipment
33% on cost
Motor vehicles
25% on reducing balance
1.4
Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. The surplus or deficit on revaluation is recognised within other reserves.

1.5
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

CWH ENTERPRISES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
1
Accounting policies
(Continued)
- 5 -
Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

 

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.6
Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

1.7
Leases

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.

Rental income from operating leases is recognised on a straight line basis over the term of the relevant lease. Initial direct costs incurred in negotiating and arranging an operating lease are added to the carrying amount of the leased asset and recognised on a straight line basis over the lease term.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
1
1
CWH ENTERPRISES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 6 -
3
Tangible fixed assets
Plant and machinery
Computer equipment
Motor vehicles
Total
£
£
£
£
Cost
At 1 October 2023 and 30 September 2024
21,448
5,237
22,485
49,170
Depreciation and impairment
At 1 October 2023
11,991
4,039
18,484
34,514
Depreciation charged in the year
2,366
587
1,000
3,953
At 30 September 2024
14,357
4,626
19,484
38,467
Carrying amount
At 30 September 2024
7,091
611
3,001
10,703
At 30 September 2023
9,457
1,198
4,001
14,656
4
Investment property
2024
£
Fair value
At 1 October 2023 and 30 September 2024
195,751

The director has assessed the market value of the property and considers that there has been no significant change in the market value at the year end.

5
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
4,400
6,882
Other debtors
602
-
0
5,002
6,882
6
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans
7,612
7,612
Trade creditors
528
525
Taxation and social security
5,742
7,634
Other creditors
2,144
4,290
16,026
20,061
CWH ENTERPRISES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 7 -
7
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
146,986
150,754
8
Secured debts
The following secured debts are included within creditors:
2024
2023
£
£
Bank loans
154,598
158,366
Bank loans are secured by way of a fixed and floating charge over all assets of the company and by way of a government-backed guarantee.
9
Provisions for liabilities
2024
2023
£
£
Deferred tax liabilities
2,033
2,785
10
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
1 of £1 each
1
1
1
1
11
Ultimate controlling party

The ultimate controlling party is Mr C Wilkinson-Humby.

2024-09-302023-10-01falsefalsefalse12 March 2025CCH SoftwareCCH Accounts Production 2024.310No description of principal activityMr C Wilkinson-Humby103944842023-10-012024-09-3010394484bus:Director12023-10-012024-09-3010394484bus:RegisteredOffice2023-10-012024-09-3010394484bus:Agent12023-10-012024-09-30103944842024-09-30103944842023-09-3010394484core:PlantMachinery2024-09-3010394484core:ComputerEquipment2024-09-3010394484core:MotorVehicles2024-09-3010394484core:PlantMachinery2023-09-3010394484core:ComputerEquipment2023-09-3010394484core:MotorVehicles2023-09-3010394484core:CurrentFinancialInstrumentscore:WithinOneYear2024-09-3010394484core:CurrentFinancialInstrumentscore:WithinOneYear2023-09-3010394484core:Non-currentFinancialInstrumentscore:AfterOneYear2024-09-3010394484core:Non-currentFinancialInstrumentscore:AfterOneYear2023-09-3010394484core:CurrentFinancialInstruments2024-09-3010394484core:CurrentFinancialInstruments2023-09-3010394484core:ShareCapital2024-09-3010394484core:ShareCapital2023-09-3010394484core:RetainedEarningsAccumulatedLosses2024-09-3010394484core:RetainedEarningsAccumulatedLosses2023-09-3010394484core:PlantMachinery2023-10-012024-09-3010394484core:ComputerEquipment2023-10-012024-09-3010394484core:MotorVehicles2023-10-012024-09-30103944842022-10-012023-09-3010394484core:PlantMachinery2023-09-3010394484core:ComputerEquipment2023-09-3010394484core:MotorVehicles2023-09-30103944842023-09-3010394484core:WithinOneYear2024-09-3010394484core:WithinOneYear2023-09-3010394484core:Non-currentFinancialInstruments2024-09-3010394484core:Non-currentFinancialInstruments2023-09-3010394484bus:PrivateLimitedCompanyLtd2023-10-012024-09-3010394484bus:FRS1022023-10-012024-09-3010394484bus:AuditExemptWithAccountantsReport2023-10-012024-09-3010394484bus:SmallCompaniesRegimeForAccounts2023-10-012024-09-3010394484bus:FullAccounts2023-10-012024-09-30xbrli:purexbrli:sharesiso4217:GBP