P. Winterton Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 00643046 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

P. Winterton Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Certified Accountants' Report

8

DIRECTORS:

P M Winterton

W F Winterton

SECRETARY:

Mrs M J Winterton

REGISTERED OFFICE:

Willows Farm

Wanlip Lane

Syston

Leicestershire

LE7 1PD

REGISTERED NUMBER:

00643046 (England and Wales)

ACCOUNTANTS:

Charnwood Accountants & Business Advisors LLP

The Point

Granite Way

Mountsorrel

Loughborough

Leicestershire

LE12 7TZ

FIXED ASSETS

Intangible assets

4

1,250

6,250

Tangible assets

5

2,663,271

1,630,794

Investments

6

582,531

Investment property

7

249,714

3,496,766

2,469,289

CURRENT ASSETS

Stocks

280,057

265,897

Debtors

8

229,417

212,089

Investments

9

1,300

Cash at bank and in hand

343,131

1,108,849

853,905

1,588,135

CREDITORS

Amounts falling due within one year

10

332,005

301,723

NET CURRENT ASSETS

521,900

1,286,412

TOTAL ASSETS LESS CURRENT
LIABILITIES

4,018,666

3,755,701

CREDITORS

Amounts falling due after more than one
year

11

(15,000

)

-

PROVISIONS FOR LIABILITIES

(126,125

)

(133,855

)

NET ASSETS

3,877,541

3,621,846

CAPITAL AND RESERVES

Called up share capital

4,003

Other reserves

67,614

Retained earnings

3,805,924

3,550,229

3,877,541

3,621,846

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 4 September 2025 and were signed on its behalf by:

W F Winterton - Director

1.	STATUTORY INFORMATION

P. Winterton 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Land and buildings

-

10% on cost

Plant and machinery etc

-

20% on reducing balance, 20% on cost and 10% on cost

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.

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 22 (2023 - 24 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 31 December 2024

25,000

AMORTISATION

At 1 January 2024

18,750

Charge for year

5,000

At 31 December 2024

23,750

NET BOOK VALUE

At 31 December 2024

1,250

At 31 December 2023

6,250

5.	TANGIBLE FIXED ASSETS

Improvements

Freehold

Long

to

Plant and

property

leasehold

property

machinery

£

COST

At 1 January 2024

1,195,124

111,773

25,615

821,123

Additions

1,044,847

-

48,784

-

Disposals

-

At 31 December 2024

2,239,971

111,773

74,399

821,123

DEPRECIATION

At 1 January 2024

164,891

110,285

-

784,962

Charge for year

12,376

350

-

7,399

Eliminated on disposal

-

At 31 December 2024

177,267

110,635

-

792,361

NET BOOK VALUE

At 31 December 2024

2,062,704

1,138

74,399

28,762

At 31 December 2023

1,030,233

1,488

25,615

36,161

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

COST

At 1 January 2024

29,783

1,039,809

13,869

3,237,096

Additions

8,168

103,044

-

1,204,843

Disposals

-

(41,000

)

-

(41,000

)

At 31 December 2024

37,951

1,101,853

13,869

4,400,939

DEPRECIATION

At 1 January 2024

14,482

527,975

3,707

1,606,302

Charge for year

6,414

143,075

2,752

172,366

Eliminated on disposal

-

(41,000

)

-

(41,000

)

At 31 December 2024

20,896

630,050

6,459

1,737,668

NET BOOK VALUE

At 31 December 2024

17,055

471,803

7,410

2,663,271

At 31 December 2023

15,301

511,834

10,162

1,630,794

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 January 2024

and 31 December 2024

582,531

NET BOOK VALUE

At 31 December 2024

582,531

At 31 December 2023

582,531

7.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

and 31 December 2024

249,714

NET BOOK VALUE

At 31 December 2024

249,714

At 31 December 2023

249,714

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Trade debtors

86,372

122,096

Other debtors

143,045

89,993

229,417

212,089

9.	CURRENT ASSET INVESTMENTS

31.12.24

31.12.23

£

Other

1,300

10.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Hire purchase contracts

52,027

64,054

Trade creditors

80,839

100,432

Amounts owed to group undertakings

2,149

Taxation and social security

135,365

80,947

Other creditors

61,625

54,141

332,005

301,723

11.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.12.24

31.12.23

£

Hire purchase contracts

15,000

-

12.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is not known.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of P. Winterton Limited for the year ended 31 December 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of P. Winterton Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of P. Winterton Limited and state those matters that we have agreed to state to the Board of Directors of P. Winterton Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that P. Winterton Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of P. Winterton Limited. You consider that P. Winterton Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of P. Winterton Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Charnwood Accountants & Business Advisors LLP

The Point

Granite Way

Mountsorrel

Loughborough

Leicestershire

LE12 7TZ

4 September 2025