REGISTERED NUMBER: 06993555 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

FOR

WARNEFORD B LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

N S Gill

REGISTERED OFFICE:

Highdown House

11 Highdown Road

Leamington Spa

Warwickshire

CV31 1XT

REGISTERED NUMBER:

06993555 (England and Wales)

BANKERS:

Barclays Bank Plc

48-50 The Parade

Leamington Spa

Warwickshire

CV32 4DD

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

106,180

119,085

106,180

119,085

CURRENT ASSETS

Stocks

6,000

6,200

Debtors

6

3,453

29,891

Cash at bank and in hand

85

14,622

9,538

50,713

CREDITORS

Amounts falling due within one year

7

290,104

212,251

NET CURRENT LIABILITIES

(280,566

)

(161,538

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(174,386

)

(42,453

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(174,388

)

(42,455

)

(174,386

)

(42,453

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 June 2025 and were signed by:

N S Gill - Director

1.	STATUTORY INFORMATION

Warneford B 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.

The principal accounting policies adopted in the preparation of the financial statements remain consistent with the prior year and are set out below.

Turnover

Turnover comprises the value of sales (net of value added tax) of goods and services provided in the normal course of business. Revenue is recognised in respect of service contracts when the company obtains the right to consideration.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant & machinery

-

33% straight line

Refurbishment costs

-

15% on reducing balance

Computer equipment

-

33% straight line

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 September 2023

and 31 August 2024

25,000

AMORTISATION

At 1 September 2023

and 31 August 2024

25,000

NET BOOK VALUE

At 31 August 2024

-

At 31 August 2023

-

5.	TANGIBLE FIXED ASSETS

Plant &

Refurbishment

Computer

machinery

costs

equipment

Totals

£

£

£

£

COST

At 1 September 2023

5,092

488,129

27,849

521,070

Additions

4,091

3,781

-

7,872

At 31 August 2024

9,183

491,910

27,849

528,942

DEPRECIATION

At 1 September 2023

4,816

370,834

26,335

401,985

Charge for year

1,461

18,835

481

20,777

At 31 August 2024

6,277

389,669

26,816

422,762

NET BOOK VALUE

At 31 August 2024

2,906

102,241

1,033

106,180

At 31 August 2023

276

117,295

1,514

119,085

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other debtors

3,453

29,891

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

45,710

-

Trade creditors

10,214

10,100

Taxation and social security

2,524

7,279

Other creditors

231,656

194,872

290,104

212,251

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2024 and 31 August 2023:

2024

2023

£

£

N S Gill

Balance outstanding at start of year

(40,656

)

(14,975

)

Amounts advanced

-

16,227

Amounts repaid

(13,000

)

(41,908

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(53,656

)

(40,656

)

9.	CONTROLLING INTERESTS

The directors are considered to be the ultimate controlling parties by virtue of their ability to act in concert in respect of the financial and operating policies of the company.