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REGISTERED NUMBER: 08734359 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST OCTOBER 2024

FOR

WD AND NM WILLISON LTD

WD AND NM WILLISON LTD (REGISTERED NUMBER: 08734359)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31st October 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


WD AND NM WILLISON LTD

COMPANY INFORMATION
for the Year Ended 31st October 2024







DIRECTORS: Mr W D Willison
Mrs N M Willison





SECRETARY: Mrs N M Willison





REGISTERED OFFICE: Church Farm Bungalow
Church Lane
Bradley Green
Redditch
Worcestershire
B96 6SW





REGISTERED NUMBER: 08734359 (England and Wales)





ACCOUNTANTS: Hayward Wright Ltd
4 Clews Road
Redditch
Worcestershire
B98 7ST

WD AND NM WILLISON LTD (REGISTERED NUMBER: 08734359)

BALANCE SHEET
31st October 2024

31/10/24 31/10/23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 6,209 6,209
Tangible assets 5 31,390 32,221
37,599 38,430

CURRENT ASSETS
Stocks 6 11,329 9,312
Debtors 7 42,563 14,843
Prepayments and accrued income - 5,276
Cash at bank 100,409 118,453
154,301 147,884
CREDITORS
Amounts falling due within one year 8 47,397 65,075
NET CURRENT ASSETS 106,904 82,809
TOTAL ASSETS LESS CURRENT
LIABILITIES

144,503

121,239

PROVISIONS FOR LIABILITIES 9 5,964 6,122
NET ASSETS 138,539 115,117

CAPITAL AND RESERVES
Called up share capital 10 4 4
Retained earnings 138,535 115,113
SHAREHOLDERS' FUNDS 138,539 115,117

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7th March 2025 and were signed on its behalf by:



Mr W D Willison - Director


WD AND NM WILLISON LTD (REGISTERED NUMBER: 08734359)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31st October 2024


1. STATUTORY INFORMATION

WD and NM Willison 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.

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 - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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 Statement of Income and Retained Earnings, 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 in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 1 ) .

WD AND NM WILLISON LTD (REGISTERED NUMBER: 08734359)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st October 2024


4. INTANGIBLE FIXED ASSETS

The intangible asset of SPS entitlements was acquired when the business formed in 2013. This is non depreciable but will be reviewed at each reporting date for any impairment or necessary revaluation.

The basis for impairment will consider external factors such as the subsidies available.

5. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1st November 2023 94,340 25,100 2,138 121,578
Additions 9,000 - - 9,000
At 31st October 2024 103,340 25,100 2,138 130,578
DEPRECIATION
At 1st November 2023 71,214 16,637 1,506 89,357
Charge for year 7,424 2,116 291 9,831
At 31st October 2024 78,638 18,753 1,797 99,188
NET BOOK VALUE
At 31st October 2024 24,702 6,347 341 31,390
At 31st October 2023 23,126 8,463 632 32,221

6. STOCKS
31/10/24 31/10/23
£    £   
Stocks 11,329 9,312

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/10/24 31/10/23
£    £   
Trade debtors 42,563 14,843

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/10/24 31/10/23
£    £   
Trade creditors 9,916 7,238
Taxation and social security 14,593 7,401
Other creditors 22,888 50,436
47,397 65,075

9. PROVISIONS FOR LIABILITIES
31/10/24 31/10/23
£    £   
Deferred tax
Accelerated capital allowances 5,964 6,122

WD AND NM WILLISON LTD (REGISTERED NUMBER: 08734359)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st October 2024


9. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1st November 2023 6,122
Provided during year (158 )
Balance at 31st October 2024 5,964

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31/10/24 31/10/23
value: £    £   
1 Ordinary A £2 2 2
1 Ordinary B £2 2 2
4 4