Company Registration No. 12961858 (England and Wales)
WILLSWAY REPAIRS LTD
Unaudited accounts
for the year ended 31 October 2024
WILLSWAY REPAIRS LTD
Unaudited accounts
Contents
WILLSWAY REPAIRS LTD
Company Information
for the year ended 31 October 2024
Company Number
12961858 (England and Wales)
Registered Office
UNIT H
EZEKIEL LANE
WILLENHALL
WV12 5QU
UNITED KINGDOM
Accountants
PCH Management Accountancy Ltd
172 Curbar Road
Birmingham
West Midlands
B42 2AX
WILLSWAY REPAIRS LTD
Statement of financial position
as at 31 October 2024
Tangible assets
1,537
2,440
Cash at bank and in hand
5,272
3,604
Creditors: amounts falling due within one year
(28,786)
(12,224)
Net current liabilities
(23,514)
(1,297)
Net (liabilities)/assets
(21,977)
1,143
Profit and loss account
(21,977)
1,143
Shareholders' funds
(21,977)
1,143
For the year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 July 2025 and were signed on its behalf by
Ben John Wills
Director
Company Registration No. 12961858
WILLSWAY REPAIRS LTD
Notes to the Accounts
for the year ended 31 October 2024
WILLSWAY REPAIRS LTD is a private company, limited by shares, registered in England and Wales, registration number 12961858. The registered office is UNIT H, EZEKIEL LANE, WILLENHALL, WV12 5QU, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 November 2023
3,177
1,332
4,509
At 31 October 2024
3,177
1,332
4,509
At 1 November 2023
1,802
267
2,069
Charge for the year
636
267
903
At 31 October 2024
2,438
534
2,972
At 31 October 2024
739
798
1,537
At 31 October 2023
1,375
1,065
2,440
Amounts falling due within one year
Accrued income and prepayments
-
6,662
WILLSWAY REPAIRS LTD
Notes to the Accounts
for the year ended 31 October 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
23,112
3,870
Taxes and social security
322
1,854
Loans from directors
4,126
6,500
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).