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William Riley Ltd

Registered Number:04101251

For the year ended 31 December 2024
England and Wales
Unaudited Financial Statements

2
For the year ended 31 December 2024
William Riley Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3

Registered Number :

04101251

As at 31 December 2024

William Riley Ltd
Statement of Financial Position

£

£

2023
2024

Notes

Fixed assets

Property, plant and equipment

22,282
22,282
2
22,282
22,282

Current assets

Inventories

24,388
21,216
3

Trade and other receivables

15,256
16,195
4
139,960

Cash and cash equivalents

134,710
172,121
179,604

Trade and other payables: amounts falling due within one
year

(24,864)
(30,223)
5
154,740
141,898
Net current assets

Total assets less current liabilities

164,180
177,022
164,180
Net assets
177,022

Capital and reserves

Called up share capital

100
100

Retained earnings

164,080
176,922
164,180
177,022
Shareholders' funds

For the year ended 31 December 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 of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006

The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

William Riley Director

These financial statements were approved and authorised for issue by the Board on 03 September 2025 and were signed by:

The notes form part of these financial statements

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4
For the year ended 31 December 2024
William Riley Ltd
Notes to the Financial Statements
Statutory Information

William Riley Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number
04101251.

Registered address:

Hindley Business Centre
Platt Lane
Hindley
Wigan
WN2 3PA

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1 A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.

Revenue recognition

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

Property, plant and equipment

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and machinery

25 Reducing balance

25 Reducing balance

Computer equipment

25 Reducing balance

Motor vehicles

25 Reducing balance

Fixtures and fittings
Inventories

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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5
For the year ended 31 December 2024
William Riley Ltd
Notes to the Financial Statements Continued

2. Property, plant and equipment

Total

Fixtures and
fittings

Motor vehicles

£

£

£

Cost or
valuation

At 01 January 2024

26,938
7,188
19,750

At 31 December 2024

19,750
7,188
26,938

Provision for depreciation and impairment

At 01 January 2024

4,656
4,656
-

At 31 December 2024

4,656
4,656
-

At 31 December 2024

Net book value

19,750
2,532
22,282

At 31 December 2023

19,750
2,532
22,282

3. Inventories

2023
2024

£

£

Stocks

21,216
24,388

4. Trade and other receivables

2023
2024

£

£

Trade debtors

15,886
14,242

Other debtors

309
1,014
15,256
16,195

5. Trade and other payables: amounts falling due within one year

2023
2024

£

£

Trade creditors

21,597
13,505

Taxation and social security

2,409
5,500

Other creditors

6,217
5,859
30,223
24,864

6. Average number of persons employed

During the year the average number of employees was 3 (2023 : 3)
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