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REGISTERED NUMBER: 00040336 (England and Wales)















AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

THE DORSET, SOMERSET AND WILTS
INVESTMENT SOCIETY LTD

THE DORSET, SOMERSET AND WILTS
INVESTMENT SOCIETY LTD (REGISTERED NUMBER: 00040336)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


THE DORSET, SOMERSET AND WILTS
INVESTMENT SOCIETY LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: Charles F Rutter
John K Rutter





SECRETARY: Mrs D A Hill





REGISTERED OFFICE: St Audrey's
Wincanton
Somerset
BA9 9DR





REGISTERED NUMBER: 00040336 (England and Wales)





AUDITORS: Andrews and Palmer Limited
Statutory Auditor
32 The Square
Gillingham
Dorset
SP8 4AR

THE DORSET, SOMERSET AND WILTS
INVESTMENT SOCIETY LTD (REGISTERED NUMBER: 00040336)

BALANCE SHEET
31 MARCH 2025

31.3.25 31.3.24
Notes £    £   
CURRENT ASSETS
Debtors 4 283,025 283,025
Cash at bank 10,784 14,707
293,809 297,732
CREDITORS
Amounts falling due within one year 5 2,426 2,374
NET CURRENT ASSETS 291,383 295,358
TOTAL ASSETS LESS CURRENT
LIABILITIES

291,383

295,358

CAPITAL AND RESERVES
Called up share capital 6 210,112 210,112
Share premium 7 30,016 30,016
Retained earnings 7 51,255 55,230
SHAREHOLDERS' FUNDS 291,383 295,358

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 Board of Directors and authorised for issue on 30 May 2025 and were signed on its behalf by:




Charles F Rutter - Director



John K Rutter - Director


THE DORSET, SOMERSET AND WILTS
INVESTMENT SOCIETY LTD (REGISTERED NUMBER: 00040336)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

The Dorset, Somerset and Wilts Investment Society 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents interest receivable on the provision of mortgage facilities.

Financial instruments
Basic financial instruments are measured at amortised cost. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Loans to customers 283,025 283,025

THE DORSET, SOMERSET AND WILTS
INVESTMENT SOCIETY LTD (REGISTERED NUMBER: 00040336)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Tax 23 31
Social security and other taxes 63 63
Accrued expenses 2,340 2,280
2,426 2,374

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.25 31.3.24
value: £    £   
210,112 Ordinary £1 210,112 210,112

7. RESERVES
Retained Share
earnings premium Totals
£    £    £   

At 1 April 2024 55,230 30,016 85,246
Profit for the year 4,009 4,009
Dividends (7,984 ) (7,984 )
At 31 March 2025 51,255 30,016 81,271

8. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Christopher Jarratt BA(Hons) ACA (Senior Statutory Auditor)
for and on behalf of Andrews and Palmer Limited

9. RELATED PARTY DISCLOSURES

The company was under the control of its directors throughout the current and previous year.

The Society operates from premises owned by Charles F Rutter, director. These premises are provided rent free. Charles F Rutter, director, is also a partner in Rutter & Rutter, Solicitors, Wincanton.