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REGISTERED NUMBER: 07894087 (England and Wales)











R WINCHESTER & SON LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024






R WINCHESTER & SON LIMITED (REGISTERED NUMBER: 07894087)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 7


R WINCHESTER & SON LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2024







DIRECTOR: M D Winchester





SECRETARY: M D Winchester





REGISTERED OFFICE: Blackbrooks Garden Centre
Main A21
Sedlescombe
Battle
East Sussex
TN33 0RJ





REGISTERED NUMBER: 07894087 (England and Wales)





ACCOUNTANTS: Gibbons Mannington & Phipps LLP
Chartered Accountants
20 Eversley Road
Bexhill-on-Sea
East Sussex
TN40 1HE

R WINCHESTER & SON LIMITED (REGISTERED NUMBER: 07894087)

BALANCE SHEET
31ST DECEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 591,792 615,043
Investment property 5 265,000 265,000
856,792 880,043

CURRENT ASSETS
Stocks 6 530,000 490,000
Debtors 7 658,094 791,766
Cash at bank and in hand 951,855 1,038,424
2,139,949 2,320,190
CREDITORS
Amounts falling due within one year 8 601,045 663,539
NET CURRENT ASSETS 1,538,904 1,656,651
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,395,696

2,536,694

PROVISIONS FOR LIABILITIES 109,674 111,285
NET ASSETS 2,286,022 2,425,409

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 2,285,922 2,425,309
SHAREHOLDERS' FUNDS 2,286,022 2,425,409

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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.

R WINCHESTER & SON LIMITED (REGISTERED NUMBER: 07894087)

BALANCE SHEET - continued
31ST DECEMBER 2024


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 23rd July 2025 and were signed by:





M D Winchester - Director


R WINCHESTER & SON LIMITED (REGISTERED NUMBER: 07894087)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024


1. STATUTORY INFORMATION

R Winchester & Son 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Preparation of consolidated financial statements
The financial statements contain information about R Winchester & Son Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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 the cost less estimated residual value of each asset over its estimated useful life.
Improvements to property - 10% on reducing balance
Plant, machinery and equipment - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.


R WINCHESTER & SON LIMITED (REGISTERED NUMBER: 07894087)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024


2. ACCOUNTING POLICIES - continued
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.

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 89 (2023 - 89 ) .

4. TANGIBLE FIXED ASSETS
Plant,
Improvements machinery Fixtures
to and and
property equipment fittings
£    £    £   
COST
At 1st January 2024 136,351 694,275 286,738
Additions - 94,627 25,084
Disposals - - -
At 31st December 2024 136,351 788,902 311,822
DEPRECIATION
At 1st January 2024 65,800 569,765 83,604
Charge for year 7,055 43,032 57,055
Eliminated on disposal - - -
At 31st December 2024 72,855 612,797 140,659
NET BOOK VALUE
At 31st December 2024 63,496 176,105 171,163
At 31st December 2023 70,551 124,510 203,134

R WINCHESTER & SON LIMITED (REGISTERED NUMBER: 07894087)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024


4. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1st January 2024 380,792 148,625 1,646,781
Additions 27,109 9,870 156,690
Disposals (53,150 ) - (53,150 )
At 31st December 2024 354,751 158,495 1,750,321
DEPRECIATION
At 1st January 2024 200,224 112,345 1,031,738
Charge for year 48,806 11,538 167,486
Eliminated on disposal (40,695 ) - (40,695 )
At 31st December 2024 208,335 123,883 1,158,529
NET BOOK VALUE
At 31st December 2024 146,416 34,612 591,792
At 31st December 2023 180,568 36,280 615,043

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st January 2024
and 31st December 2024 265,000
NET BOOK VALUE
At 31st December 2024 265,000
At 31st December 2023 265,000

6. STOCKS
2024 2023
£    £   
Finished goods 530,000 490,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 10,003 73,498
Amounts owed by connected companies 429,603 513,131
Other debtors 218,488 205,137
658,094 791,766

R WINCHESTER & SON LIMITED (REGISTERED NUMBER: 07894087)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024


8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 329,144 264,941
Taxation and social security 182,018 257,200
Other creditors 89,883 141,398
601,045 663,539

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

2024 2023
£    £   
M D Winchester
Balance outstanding at start of year - -
Amounts advanced 79,271 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 79,271 -

The above advance was made to the Director during the year. There are no set terms for repayment. Interest was charged at the statutory rate.

11. RELATED PARTY DISCLOSURES

The company has the use of, and receives rental income from, various properties which are owned by the directors and their immediate family and let rent-free to the company.