| L B Wilson & Son Limited |
| Registered number: |
09942388 |
| Balance Sheet |
| as at 31 January 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
4,823 |
|
|
7,381 |
|
| Current assets |
| Stocks |
|
|
1,396 |
|
|
- |
| Debtors |
4 |
|
2,251 |
|
|
3,649 |
| Cash at bank and in hand |
|
|
191 |
|
|
6,960 |
|
|
|
3,838 |
|
|
10,609 |
|
| Creditors: amounts falling due within one year |
5 |
|
(13,814) |
|
|
(14,660) |
|
| Net current liabilities |
|
|
|
(9,976) |
|
|
(4,051) |
|
| Total assets less current liabilities |
|
|
|
(5,153) |
|
|
3,330 |
|
| Creditors: amounts falling due after more than one year |
6 |
|
|
(6,118) |
|
|
(6,764) |
|
| Net liabilities |
|
|
|
(11,271) |
|
|
(3,434) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
(11,371) |
|
|
(3,534) |
|
| Shareholders' funds |
|
|
|
(11,271) |
|
|
(3,434) |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
| L B Wilson |
| Director |
| Approved by the board on 5 September 2025 |
|
| L B Wilson & Son Limited |
| Notes to the Accounts |
| for the year ended 31 January 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland. |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover is recognised when the service is completed. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Plant and machinery |
7 Years |
|
Motor vehicles |
5 Years |
|
|
Debtors |
|
Short term debtors are measured at transaction price, which is usually the invoice price, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price, which is usually the invoice price. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
2 |
|
3 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
Plant and machinery |
|
Motor vehicles |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 February 2024 |
2,430 |
|
12,594 |
|
15,024 |
|
At 31 January 2025 |
2,430 |
|
12,594 |
|
15,024 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 February 2024 |
2,391 |
|
5,252 |
|
7,643 |
|
Charge for the year |
39 |
|
2,519 |
|
2,558 |
|
At 31 January 2025 |
2,430 |
|
7,771 |
|
10,201 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 January 2025 |
- |
|
4,823 |
|
4,823 |
|
At 31 January 2024 |
39 |
|
7,342 |
|
7,381 |
|
|
| 4 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade debtors |
2,064 |
|
3,034 |
|
Other debtors |
187 |
|
615 |
|
|
|
|
|
|
2,251 |
|
3,649 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade creditors |
3,655 |
|
3,100 |
|
Taxation and social security costs |
2,050 |
|
3,649 |
|
Other creditors |
8,109 |
|
7,911 |
|
|
|
|
|
|
13,814 |
|
14,660 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due after one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Other creditors |
6,118 |
|
6,764 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Related party transactions |
|
Included in other creditors due after more than one year is £6,118 (2024: £6,764) due to the directors. |
|
|
|
| 8 |
Other information |
|
|
L B Wilson & Son Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
23 Kingsfield |
|
Bradford on Avon |
|
Wiltshire |
|
BA15 1AN |