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REGISTERED NUMBER: 12380335 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

William Edwards Associates Limited

William Edwards Associates Limited (Registered number: 12380335)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


William Edwards Associates Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: Mr P Harvey
Mrs J Harvey





REGISTERED OFFICE: 3B Lockheed Court
Stockton on Tees
TS18 3SH





REGISTERED NUMBER: 12380335 (England and Wales)





ACCOUNTANTS: JBC Accountants Limited
Chartered Accountants
3B Lockheed Court
Preston Farm
Stockton on Tees
TS18 3SH

William Edwards Associates Limited (Registered number: 12380335)

Balance Sheet
31 December 2024

31/12/24 31/12/23
Notes £ £ £
FIXED ASSETS
Tangible assets 4 1,698 2,056

CURRENT ASSETS
Debtors 5 40,643 11,474
Cash at bank 64,767 113,208
105,410 124,682
CREDITORS
Amounts falling due within one year 6 17,892 25,135
NET CURRENT ASSETS 87,518 99,547
TOTAL ASSETS LESS CURRENT
LIABILITIES

89,216

101,603

PROVISIONS FOR LIABILITIES 425 391
NET ASSETS 88,791 101,212

CAPITAL AND RESERVES
Called up share capital 11 11
Retained earnings 88,780 101,201
88,791 101,212

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.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 May 2025 and were signed on its behalf by:



Mr P Harvey - Director


William Edwards Associates Limited (Registered number: 12380335)

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

1. STATUTORY INFORMATION

William Edwards Associates 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on reducing balance and 15% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

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 2 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 January 2024
and 31 December 2024 3,520
DEPRECIATION
At 1 January 2024 1,464
Charge for year 358
At 31 December 2024 1,822
NET BOOK VALUE
At 31 December 2024 1,698
At 31 December 2023 2,056

William Edwards Associates Limited (Registered number: 12380335)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/24 31/12/23
£ £
Trade debtors 15,506 -
Other debtors 25,137 11,474
40,643 11,474

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/24 31/12/23
£ £
Trade creditors - 264
Taxation and social security 17,780 24,871
Other creditors 112 -
17,892 25,135

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

31/12/24 31/12/23
£ £
Mr P Harvey and Mrs J Harvey
Balance outstanding at start of year 11,474 -
Amounts advanced 9,791 11,595
Amounts repaid - (121 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 21,265 11,474

Interest has been charged on the above loan at 2.25%