REGISTERED NUMBER: 04599146 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

WHYMARK & MOULTON LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N D Moulton

B J Whymark

SECRETARY:

N D Moulton

REGISTERED OFFICE:

Gwelo

Edgworth Road

Sudbury

Suffolk

CO10 2TG

REGISTERED NUMBER:

04599146 (England and Wales)

ACCOUNTANTS:

Seago and Stopps

Chartered Certified Accountants

61 Station Road

Sudbury

Suffolk

CO10 2SP

FIXED ASSETS

4,066

Tangible assets

4

4,971

CURRENT ASSETS

27,794

Stocks

23,608

115,497

Debtors

5

144,578

104,675

Cash at bank

109,325

247,966

277,511

CREDITORS

153,274

Amounts falling due within one year

6

169,470

94,692

NET CURRENT ASSETS

108,041

98,758

TOTAL ASSETS LESS CURRENT LIABILITIES

113,012

CREDITORS

(14,167

)

Amounts falling due after more than one year

7

-

(925

)

PROVISIONS FOR LIABILITIES

(1,208

)

83,666

NET ASSETS

111,804

CAPITAL AND RESERVES

100

Called up share capital

100

83,566

Retained earnings

111,704

83,666

SHAREHOLDERS' FUNDS

111,804

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 11 September 2025 and were signed on its behalf by:

N Moulton - Director

B Whymark - Director

1.	STATUTORY INFORMATION

Whymark & Moulton 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 represents the total value of work undertaken and invoiced, together with any adjustments required in respect of work in progress. Turnover excludes value added tax.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

35% on reducing balance

Stocks

Work in progress is calculated as the value of work undertaken but not invoiced at the balance sheet date.

Financial instruments

The company enters into basic financial instrument transactions, as appropriate and as and when required, that result in the recognition of financial assets and liabilities within the financial statements such as trade and other accounts receivable and payable, bank loans and hire purchase and lease contracts.

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 7 (2023 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

Totals

fittings

equipment

£

£

£

COST

At 1 January 2024

56,129

15,352

40,777

Additions

3,348

-

3,348

At 31 December 2024

59,477

15,352

44,125

DEPRECIATION

At 1 January 2024

52,063

13,824

38,239

Charge for year

2,443

382

2,061

At 31 December 2024

54,506

14,206

40,300

NET BOOK VALUE

At 31 December 2024

4,971

1,146

3,825

At 31 December 2023

4,066

1,528

2,538

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

134,449

108,912

Other debtors

10,129

6,585

144,578

115,497

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

14,167

10,000

Trade creditors

-

632

Taxation and social security

66,308

63,658

Other creditors

88,995

78,984

169,470

153,274

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

-

14,167