Williams And Donovan Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04510230 (England and Wales)

WILLIAMS AND DONOVAN LIMITED

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C O'Donovan

I A Williams

J Whyte

REGISTERED OFFICE:

2nd Floor Offices

26-28 West Street

Market Square

Rochford

Essex

SS4 1AJ

REGISTERED NUMBER:

04510230 (England and Wales)

ACCOUNTANTS:

Howard & Stapleton

2nd Floor Offices

26-28 West Street

Market Square

Rochford

Essex

SS4 1AJ

FIXED ASSETS

Tangible assets

4

6,684

4,587

Investments

5

165,000

171,684

169,587

CURRENT ASSETS

Debtors

6

558,058

347,308

Cash at bank and in hand

180,567

301,496

738,625

648,804

CREDITORS

Amounts falling due within one year

7

179,908

89,356

NET CURRENT ASSETS

558,717

559,448

TOTAL ASSETS LESS CURRENT
LIABILITIES

730,401

729,035

PROVISIONS FOR LIABILITIES

1,578

1,033

NET ASSETS

728,823

728,002

CAPITAL AND RESERVES

Called up share capital

8

130

Retained earnings

728,693

727,872

SHAREHOLDERS' FUNDS

728,823

728,002

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 15 September 2025 and were signed on its behalf by:

I A Williams - Director

C O'Donovan - Director

1.	STATUTORY INFORMATION

Williams And Donovan 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Tangible fixed assets

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

Improvements to property

-

20% on cost

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

20% on reducing balance

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 12 (2024 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Computer

property

fittings

equipment

Totals

£

COST

At 1 April 2024

6,124

74,017

11,817

91,958

Additions

-

893

3,530

4,423

At 31 March 2025

6,124

74,910

15,347

96,381

DEPRECIATION

At 1 April 2024

6,124

71,322

9,925

87,371

Charge for year

-

839

1,487

2,326

At 31 March 2025

6,124

72,161

11,412

89,697

NET BOOK VALUE

At 31 March 2025

-

2,749

3,935

6,684

At 31 March 2024

-

2,695

1,892

4,587

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2024

and 31 March 2025

165,000

NET BOOK VALUE

At 31 March 2025

165,000

At 31 March 2024

165,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade debtors

87,989

31,140

Other debtors

193,904

215,938

Directors' current accounts

276,165

100,230

558,058

347,308

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade creditors

6,652

7,487

Corporation tax

96,368

45,998

Social security and other taxes

3,032

3,660

VAT

52,706

25,611

Other creditors

17,650

2,200

Accrued expenses

3,500

4,400

179,908

89,356

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

80

Ordinary

£1

100

10

Ordinary B

£1

10

5

Ordinary C

£1

5

Ordinary D

£1

5

Ordinary E

£1

5

Ordinary F

£1

5

130

9.	ULTIMATE CONTROLLING PARTY

The company is not under the control of any single party.