IRIS Accounts Production v25.1.0.734 12838387 Board of Directors 1.1.24 31.12.24 31.12.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh128383872023-12-31128383872024-12-31128383872024-01-012024-12-31128383872022-12-31128383872023-01-012023-12-31128383872023-12-3112838387ns15:EnglandWales2024-01-012024-12-3112838387ns14:PoundSterling2024-01-012024-12-3112838387ns10:Director12024-01-012024-12-3112838387ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3112838387ns10:SmallEntities2024-01-012024-12-3112838387ns10:AuditExemptWithAccountantsReport2024-01-012024-12-3112838387ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3112838387ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3112838387ns10:AbridgedAccounts2024-01-012024-12-311283838712024-01-012024-12-3112838387ns10:Director22024-01-012024-12-3112838387ns10:RegisteredOffice2024-01-012024-12-3112838387ns5:CurrentFinancialInstruments2024-12-3112838387ns5:CurrentFinancialInstruments2023-12-3112838387ns5:Non-currentFinancialInstruments2024-12-3112838387ns5:Non-currentFinancialInstruments2023-12-3112838387ns5:ShareCapital2024-12-3112838387ns5:ShareCapital2023-12-3112838387ns5:RetainedEarningsAccumulatedLosses2024-12-3112838387ns5:RetainedEarningsAccumulatedLosses2023-12-3112838387ns5:NetGoodwill2024-01-012024-12-3112838387ns5:IntangibleAssetsOtherThanGoodwill2024-01-012024-12-3112838387ns5:LeaseholdImprovements2024-01-012024-12-3112838387ns5:PlantMachinery2024-01-012024-12-3112838387ns5:FurnitureFittings2024-01-012024-12-3112838387ns5:MotorVehicles2024-01-012024-12-311283838712024-01-012024-12-31
REGISTERED NUMBER: 12838387 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

David Withers Limited

David Withers Limited (Registered number: 12838387)






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




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

David Withers Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: D Withers
T J Withers





REGISTERED OFFICE: 1 Aston Court
Bromsgrove Technology Park
Bromsgrove
Worcestershire
B60 3AL





REGISTERED NUMBER: 12838387 (England and Wales)





ACCOUNTANTS: Kenneth Morris Limited
1 Aston Court
Bromsgrove Technology Park
Bromsgrove
Worcestershire
B60 3AL

David Withers Limited (Registered number: 12838387)

Abridged Balance Sheet
31 December 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 3,000 6,000
Tangible assets 5 239,451 84,507
242,451 90,507

CURRENT ASSETS
Stocks 42,595 38,330
Debtors 15,785 93,264
Cash at bank and in hand 27,449 5,705
85,829 137,299
CREDITORS
Amounts falling due within one year 271,955 201,467
NET CURRENT LIABILITIES (186,126 ) (64,168 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

56,325

26,339

CREDITORS
Amounts falling due after more than one year (26,431 ) -

PROVISIONS FOR LIABILITIES (27,617 ) (16,056 )
NET ASSETS 2,277 10,283

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 2,177 10,183
SHAREHOLDERS' FUNDS 2,277 10,283

David Withers Limited (Registered number: 12838387)

Abridged Balance Sheet - continued
31 December 2024


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

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

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 Income Statement and an abridged Balance Sheet for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 May 2025 and were signed on its behalf by:





D Withers - Director


David Withers Limited (Registered number: 12838387)

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

1. STATUTORY INFORMATION

David Withers 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.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of five years.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 15% on reducing balance
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% 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 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.


David Withers Limited (Registered number: 12838387)

Notes to the Financial Statements - continued
for the Year Ended 31 December 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
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 14 (2023 - 12 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2024
and 31 December 2024 15,800
AMORTISATION
At 1 January 2024 9,800
Amortisation for year 3,000
At 31 December 2024 12,800
NET BOOK VALUE

At 31 December 2024 3,000
At 31 December 2023 6,000

David Withers Limited (Registered number: 12838387)

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

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2024 130,755
Additions 197,704
At 31 December 2024 328,459
DEPRECIATION
At 1 January 2024 46,248
Charge for year 42,760
At 31 December 2024 89,008
NET BOOK VALUE
At 31 December 2024 239,451
At 31 December 2023 84,507

6. CONTINGENT LIABILITIES

There were no material contingent liabilities at the year end.

7. POST BALANCE SHEET EVENTS

There were no material post balance sheet events at the year end.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
David Withers Limited

The following reproduces the text of the report prepared for the directors 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 Abridged Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of David Withers Limited for the year ended 31 December 2024 which comprise the Abridged Income Statement, Abridged 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of David Withers Limited, 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 David Withers Limited and state those matters that we have agreed to state to the Board of Directors of David Withers Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than David Withers Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that David Withers Limited 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 David Withers Limited. You consider that David Withers Limited 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 David Withers Limited. 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.






Kenneth Morris Limited
1 Aston Court
Bromsgrove Technology Park
Bromsgrove
Worcestershire
B60 3AL


8 May 2025