Silverfin false false 30/09/2024 01/10/2023 30/09/2024 S J Forward 17/10/2016 D P Fry 29/03/2008 M J Fry 29/03/2008 09 June 2025 The principal activity of the company is agricultural contracting. 06548466 2024-09-30 06548466 bus:Director1 2024-09-30 06548466 bus:Director2 2024-09-30 06548466 bus:Director3 2024-09-30 06548466 2023-09-30 06548466 core:CurrentFinancialInstruments 2024-09-30 06548466 core:CurrentFinancialInstruments 2023-09-30 06548466 core:ShareCapital 2024-09-30 06548466 core:ShareCapital 2023-09-30 06548466 core:RetainedEarningsAccumulatedLosses 2024-09-30 06548466 core:RetainedEarningsAccumulatedLosses 2023-09-30 06548466 core:PlantMachinery 2023-09-30 06548466 core:PlantMachinery 2024-09-30 06548466 2023-10-01 2024-09-30 06548466 bus:FilletedAccounts 2023-10-01 2024-09-30 06548466 bus:SmallEntities 2023-10-01 2024-09-30 06548466 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 06548466 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 06548466 bus:Director1 2023-10-01 2024-09-30 06548466 bus:Director2 2023-10-01 2024-09-30 06548466 bus:Director3 2023-10-01 2024-09-30 06548466 core:PlantMachinery 2023-10-01 2024-09-30 06548466 2022-10-01 2023-09-30 iso4217:GBP xbrli:pure

Company No: 06548466 (England and Wales)

W.G. FRY & SON (CONTRACTING) LIMITED

Unaudited Financial Statements
For the financial year ended 30 September 2024
Pages for filing with the registrar

W.G. FRY & SON (CONTRACTING) LIMITED

Unaudited Financial Statements

For the financial year ended 30 September 2024

Contents

W.G. FRY & SON (CONTRACTING) LIMITED

BALANCE SHEET

As at 30 September 2024
W.G. FRY & SON (CONTRACTING) LIMITED

BALANCE SHEET (continued)

As at 30 September 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 2,569 3,023
2,569 3,023
Current assets
Stocks 56,259 57,300
Debtors 4 496,047 499,974
Cash at bank and in hand 36,566 19,788
588,872 577,062
Creditors: amounts falling due within one year 5 ( 149,752) ( 146,351)
Net current assets 439,120 430,711
Total assets less current liabilities 441,689 433,734
Provision for liabilities ( 488) ( 756)
Net assets 441,201 432,978
Capital and reserves
Called-up share capital 98 98
Profit and loss account 441,103 432,880
Total shareholders' funds 441,201 432,978

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

Directors' responsibilities:

The financial statements of W.G. Fry & Son (Contracting) Limited (registered number: 06548466) were approved and authorised for issue by the Board of Directors on 09 June 2025. They were signed on its behalf by:

M J Fry
Director
W.G. FRY & SON (CONTRACTING) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 September 2024
W.G. FRY & SON (CONTRACTING) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 September 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

W.G. Fry & Son (Contracting) Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in .

The address of the Company's registered office is:
Totterdale Farm
Tisbury
Salisbury
Wiltshire
SP3 6RS

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts and after eliminating sales within the company.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation over its expected useful life, as follows:

Plant and machinery 15 % reducing balance
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 0 1

3. Tangible assets

Plant and machinery Total
£ £
Cost
At 01 October 2023 19,395 19,395
At 30 September 2024 19,395 19,395
Accumulated depreciation
At 01 October 2023 16,372 16,372
Charge for the financial year 454 454
At 30 September 2024 16,826 16,826
Net book value
At 30 September 2024 2,569 2,569
At 30 September 2023 3,023 3,023

4. Debtors

2024 2023
£ £
Trade debtors 325,558 244,710
Other debtors 170,489 255,264
496,047 499,974

5. Creditors: amounts falling due within one year

2024 2023
£ £
Trade creditors 72,236 59,142
Accruals 14,825 14,679
Corporation tax 1,972 27,901
Other taxation and social security 60,719 44,629
149,752 146,351