REGISTERED NUMBER: 04011983 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

W Eves & Co (Service Stations) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs K Woodwards

Mrs A Bannister

REGISTERED OFFICE:

8 Northumberland Square

North Shields

Tyne and Wear

NE30 1QQ

REGISTERED NUMBER:

04011983 (England and Wales)

ACCOUNTANTS:

Wasley Chapman LLP

Chartered Accountants

5 Bobbies Bank

Whitby

North Yorkshire

YO21 1EF

FIXED ASSETS

Investment property

4

5,120,100

5,120,100

CURRENT ASSETS

Debtors

5

1,407

6,627

Cash at bank

2,804,544

2,846,121

2,805,951

2,852,748

CREDITORS

Amounts falling due within one year

6

485,707

479,526

NET CURRENT ASSETS

2,320,244

2,373,222

TOTAL ASSETS LESS CURRENT LIABILITIES

7,440,344

7,493,322

CAPITAL AND RESERVES

Called up share capital

2,050

2,050

Share premium

2,039,932

2,039,932

Revaluation reserve

7

2,884,631

3,054,316

Retained earnings

2,513,731

2,397,024

SHAREHOLDERS' FUNDS

7,440,344

7,493,322

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 1 July 2025 and were signed on its behalf by:

Mrs K Woodwards - Director

1.	STATUTORY INFORMATION

W Eves & Co (Service Stations) 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 as modified by the revaluation of certain assets.

Tangible fixed assets

Depreciation is provided when necessary in order to write off each asset over its estimated useful

life.

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.

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 2 (2023 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

and 31 December 2024

5,120,100

NET BOOK VALUE

At 31 December 2024

5,120,100

At 31 December 2023

5,120,100

Fair value at 31 December 2024 is represented by:

£

Valuation in 2021

5,689,000

Valuation in 2022

(568,900

)

5,120,100

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

(115

)

79

Other debtors

1,522

6,548

1,407

6,627

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

4,215

6,040

Taxation and social security

96,920

93,848

Other creditors

384,572

379,638

485,707

479,526

7.

RESERVES

Revaluation

reserve

£

At 1 January 2024

3,054,316

Revaluation Reserve

(169,685

)

At 31 December 2024

2,884,631